Global Automotive Glazing Market: Emerging Trends, Major Key Players SABIC and Covestro AG

The Global Automotive Glazing market was valued at $ 3.2 billion in 2019 and is anticipated to grow at a CAGR of 11.5% from 2020 to 2027. The increase in demand for customer satisfaction for safety, comfort, and security while driving an automobile is expected to drive the growth of the glazing for the automotive market. The rising automobile industry is set to have a direct impact on the automotive glazing market. Automotive glazing provides consumers with great performance and a more appealing appearance. It also provides customers with protection as well as a fashionable appearance. The ability of automotive glazing to minimize carbon dioxide emissions and vehicle weight is also contributing to the market's growth.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global AUTOMOTIVE GLAZING industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Automotive Glazing market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Automotive Glazing players holding highest market share include SABIC (Suadi Arabia), Covestro AG (Germany), Teijin (Japan) and Webasto SE (Germany). These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• SABIC (Suadi Arabia)
• Covestro AG (Germany)
• Teijin (Japan)
• Webasto SE (Germany)
• Trinseo (US)
• Mitsubishi (Japan)
• Chi Mei Corporation (Taiwan)
• Freeglass (Germany)
• KRD Sicherheitstechnik (Germany)
• Idemitsu (Japan)

Segmental Analysis

Market Segment By Off-highway with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GLAZING Market:
• Agricultural Tractors
• Construction Equipment

Market Segment By Application with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GLAZING Market:
• Windscreen
• Sidelite
• Backlite
• Front lighting
• Rear Lighting
• Rear Quarter glass
• Sunroof

Market Segment By Vehicle Type with a focus on market share, consumption trend, and growth rate of AUTOMOTIVE GLAZING Market:
• Passenger Car
• Light Commercial Vehicle
• Buses
• Trucks

Market Segment By Electric Vehicle with a focus on market share, consumption trend, and growth rate of AUTOMOTIVE GLAZING Market:
• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel cell Electric Vehicle (FCEV)

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Global Automotive Glazing Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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