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What’s driving the Automotive Glass Market Growth? Key Companies - Dura Automotive System, LKQ Corporation, Vitro, Gentex Corporation, Fuyao Group, Magna International, Webasto Group, Corning Incorporated, Saint-Gobain Sekurit

What’s driving the Automotive Glass Market Growth? Key

Automotive glass market from light commercial vehicles will observe growth around 5% by 2024. Rapid urbanization, high transport rates and rising demand for mini-trucks and vans are the considerable factors of the product development. Increasing accident rates due to heavy traffic in urban areas has positively influenced the product demand. Automotive Glass Market size is estimated to surpass USD 21 billion by 2024; according to a new research report by Global Market Insights, Inc.

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Laminated automotive glass market is estimated to generate revenue over USD 11 billion by 2024. Prevention from penetration, easy reparability, sound proofing and clear visibility are the substantial properties encouraging the product consumption. Tempered product is set to witness over 6% growth up to 2024. High strength and toughness due to controlled chemical and thermal treatment are key factor driving product demand.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Asahi Glass Co.
2. Central Glass America, Inc.
3. Shenzhen Benson Automobile Glass Co., Ltd.
4. Nippon Sheet Glass Co., Ltd.
5. PPG Industries, Inc.
6. Xinyi Glass Holdings Ltd.
7. Duratuf Glass Industries (P) Ltd.
8. Corning, Inc.
9. Guardian Glass
10. Webasto
11. Magna International Inc.
12. Fuyao Group
13. Fuso Glass India Pvt. Ltd.
14. Pittsburgh Glass Works
15. Gentex Corporation
16. Shatterprufe Windscreens
17. Vitro, S.A.B. de C.V.
18. LKQ Corporation
19. Dura Automotive System LLC
20. Soliver
21. Windscreens Glas Trosch Holding AG
22. Paragon Tempered Glass
23. China Glass Holding Ltd.
24. Euroglas GmbH
25. NSG
26. Saint-Gobain Sekurit

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Backlite will observe gains around 5% in the coming years. Safe shattering, high impact resistance and superior defrosting properties are the driving factors for industry growth. Sidelite will witness strong growth owing to increasing technological advancement including solar control glass. Original Equipment Manufacturers (OEM) accounted for more than 80% of the overall industry share in 2017. Rising safety norms along with expansion in automotive industry are the factors surging industry growth.

ARG market will witness around 5% growth from 2018 to 2024. Increasing road accident rates along with vehicle damage due to critical weather conditions will propel the ARG market growth. Aftermarket products may differ in certain specifications, owing to the patent and copyright infringement laws.

Passenger vehicles automotive glass market will generate over USD 14 billion by 2024. Upsurge in demand for passenger cars particularly in the emerging countries owing to increased disposable income has stimulated industry growth. Attain fuel efficiency and reduce carbon emissions will trigger the product demand in this segment.

The U.S. automotive glass market from laminated product was worth more than USD 700 million in 2017. Stringent regulations for passenger safety in conjunction with consumer awareness pertaining superior quality glass capable of handling impact and bad weather will drive the regional demand. Shifting trends for supercars and modified cars with increased utilization of tinted products particularly in the U.S. is supporting product innovations. Large presence of the leading automobile manufacturers in Germany and Italy will favor the overall Europe automotive glass market growth.

Browse Report Summery @ www.gminsights.com/industry-analysis/automotive-glass-market

China automotive glass market from OEM is estimated to witness over 7% growth up to 2024. High consumer spending on vehicles accompanied by inclination towards luxury and supercars are the factors driving industry demand. Large presence of manufacturing facilities coupled with rapid industrialization mainly in China and India will propel the product growth.

Table Of Content:

Chapter 3. Automotive Glass Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Raw material supplier

3.3.2. Manufacturers

3.3.3. Profit margin analysis

3.3.4. Distribution channel analysis

3.3.4.1. OEM

3.3.4.2. Aftermarket

3.3.4.3. E-commerce

3.3.5. Vendor matrix

3.3.5.1. Role

3.3.5.2. Presence

3.3.5.3. Product portfolio

3.4. Technology landscape

3.4.1. Float glass technology

3.4.2. Computerized process control

3.4.3. Vertically fired furnaces

3.4.4. Acoustic windshield for cars

3.4.5. Water repellent glass for side windows

3.5. Automotive production, by region, 2013 - 2017

3.5.1. North America

3.5.2. Europe

3.5.3. APAC

3.5.4. LATAM

3.5.5. MEA

3.6. Pricing analysis

3.6.1. Regional pricing

3.6.1.1. North America

3.6.1.2. Europe

3.6.1.3. APAC

3.6.1.4. LATAM

3.6.1.5. MEA

3.6.2. Cost structure analysis

3.7. Regulatory landscape

3.7.1. North America

3.7.2. Europe

3.7.3. APAC

3.7.4. LATAM

3.7.5. MEA

3.8. Industry impact forces

3.8.1. Growth drivers, by region

3.8.1.1. NA

3.8.1.2. Europe

3.8.1.3. APAC

3.8.1.4. LATAM

3.8.1.5. MEA

3.8.2. Industry pitfalls & challenges

3.8.2.1. Raw materials demand and supply gap

3.8.2.2. Intensive capital investment

3.9. Innovation and sustainability

3.9.1. Smart glass technology

3.9.2. Gorilla glass windshields

3.10. Growth potential analysis

3.11. Porter's analysis

3.12. Competitive landscape, 2017

3.12.1. Company market share analysis, 2017

3.12.2. Key stake holders

3.12.3. Strategy dashboard

3.13. PESTEL analysis

Global automotive glass market share is consolidated in nature with the presence of key players including Saint Gobain Sekurit, AGC, Nippon, Xinyi, Guardian and Fuyao accounting for major industry share in 2017. Other notable players include Magna International, Inc., Shenzhen Benson, PGW, Gentex Corporation and Webasto.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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