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Automotive Glass Market 2020 How the Business Will Grow in 2026? Prominent Players: Magna International, Gentex Corporation, PGW, Shenzhen Benson, Webasto, AGC, Nippon, Guardian, Saint Gobain Sekurit, Xinyi, Fuyao

Automotive Glass Market 2020 How the Business Will Grow in 2026?

Automotive glass market is poised for stellar growth on the back of burgeoning production and sales of next-generation electric vehicles. Changing user lifestyle and preferences for long journeys have led to the development of advanced vehicular features. To further improve passenger comfort, automakers are utilizing acoustic windshields that aid noiseless travel experiences. Use of lightweight automotive glasses are also known to offer improved fuel efficiency.

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Abundant availability of economic resources for assembling and manufacturing vehicles across Asian countries like China, India, and Thailand have generated lucrative growth opportunities for automotive glass manufactures. On this note, Global Market Insights Inc. predicts that the automotive glass market may exceed USD 14.9 billion by 2026.

Companies in the automotive glass market are focused on offering lightweight glasses to enhance these performance parameters. Companies are also engaged in the R&D activities to roll out new lightweight glasses, which may in turn fuel market outlook.

Companies covered: Saint-Gobain Sekurit, Asahi Glass Co., Central Glass America, Inc., Shenzhen Benson Automobile Glass Co., Nippon Sheet Glass Co. Ltd., PPG Industries Inc., Xinyi Glass Holdings Ltd., Duratuf Glass Industries (P) Ltd., Corning, Inc., Guardian Glass, Webasto, Magna International Inc., Fuyao Group, Fuso Glass India Pvt. Ltd., Pittsburgh Glass Works, Gentex Corporation, Shatterprufe Windscreens, Vitro S.A.B. de C.V., LKQ Corporation, Dura Automotive System LLC, Soliver, Windscreens Glas Trosch Holding AG, Independent Glass Co. Ltd., Paragon Tempered Glass, China Glass Holding Ltd., Euroglas GmbH, NSG

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Laminated automotive glass offer numerous features like improved scratch and impact-resistant, higher durability and UV resistance. Depending on its use, laminated glasses is designed to meet specific user requirements.

For efficient production of automotive glasses, manufactures are signing long term supply contracts with raw materials suppliers. Availability of suppliers would favor the negotiating power of automotive glass manufacturers. Apart from this, automotive glass manufacturers are leveraging quality control measures and reducing production costs to facilitate market presence.

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

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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