COVID Impact On Global Automotive Glass Market 2020-2025

In terms of applications of glass in an automobile, windshield dominated the market and is expected to be leader in the market. New technologies are being developed for the constant improvement in safety of the driver. This is expected to drive the market in the future.

Sunroof is the fastest growing application in the automotive glass market. The incorporation of sunroof in affordable cars is the key growth factor for the segment.

The tempered glass holds the largest share in the market owing to its lower cost, easy availability, high strength and robustness. It has better load bearing capacity and possess deflection before breaking. It is most preferred type of glass for windows and backlites.

US market is expected to register steady growth in the following years. Each of top 5 selling passenger cars like Ford F150, Chevrolet Silverado, Ram 1500 and others are equipped with the sunroof.

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Japan’s Asahi Glass Co (AGC) will set up a plant in China to produce large 3D cover glass for car-mounted displays.

AGC has reached a agreement with Induver Holding, a glass manufacturer in Morocco to set up a JV for manufacturing automotive glass for Europe and North Africa.

Corning US based company is collaborating with Visteon to develop and produce its patented ColdForm technology for curved automotive display systems.

Asia was anticipated as the fastest growing glass market in the world, 2-3 years ago. but two consecutive YOY declines in 2018 and 2019 have dented that claim. Rise in SUV sales has indirectly boosted glass market as they contribute for more volume of glass than compact and sedan cars.

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COMPANY PROFILE
Saint Gobain France
Webasto Germany
Nippon Sheet Group Japan
Xinyi Glass Holdings Hongkong
Fuyao Group China China
Asahi Glass Co., Ltd Japan
Corning US
Gentex Corporation US


THIS AUTOMOTIVE GLASS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Automotive Glass Market size and Forecast , by region, by application
2. Average B-2-B price for Automotive Glass Market , by region, per user
3. Technology trends and related opportunity for new Automotive Glass Market tech suppliers
4. Market share of leading vendors, by region,
5. Coronavirus impact on Automotive Glass Market earnings

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Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

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This release was published on openPR.