Press release
Automotive Glass Market Introducing New Industry Dynamics Through Swot Analysis 2021-2028 | Central Glass Co. Ltd., Corning Incorporated, Fuyao Glass Industry Group Co., Ltd.
The automotive glass market is projected to grow at a CAGR of 5.4%, estimated market size of USD 23.6 billion in 2021 to USD 30.6 billion by 2028. Key elements driving demand for the automotive glass market include rising vehicle production across the board, particularly in the SUV sector, and rising penetration of high-end luxury vehicles with smart glass technology. The adoption of safety glass requirements, the need for lightweight glass, and sophisticated smart glass technologies with improved visibility and protection are a few key factors affecting the demand for the automotive glass market.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://marketsnresearch.com/sample/1556
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ: ๐๐ญ๐ซ๐ข๐ง๐ ๐๐ง๐ญ ๐ฌ๐๐๐๐ญ๐ฒ ๐ง๐จ๐ซ๐ฆ๐ฌ ๐ข๐ฆ๐ฉ๐จ๐ฌ๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐ ๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ
Cost-effective auto glass has emerged due to the stabilization of component costs for materials including soda ash, oxides of magnesium, lime, potassium, and aluminum, as well as rising gas prices. The market is growing due to rising vehicle demand in the logistics and transportation sector and an emphasis on improving vehicle aerodynamics due to safety rules. This market is also growing due to rising disposable income, especially in developing nations, and increased sales of crossovers and SUVs.
๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ: ๐๐ข๐ ๐ก ๐๐จ๐ฌ๐ญ ๐๐ง๐ ๐ข๐ง๐ญ๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐ข๐ญ๐๐ฅ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ
Since laminated glass is far more expensive than tempered glass, its use is severely restricted in developing countries. It costs a lot of money to conduct research and develop thin laminated glass for side windows. The market's growth is anticipated to be restricted by this investment as well as efforts to reduce consumer and manufacturing expenses.
๐๐๐๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://marketsnresearch.com/report/1556/global-automotive-glass-market
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ: ๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ฅ๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ซ
The market for luxury cars is anticipated to increase in the upcoming days, offering industry participants several attractive opportunities. Demand for auto glass will rise if there is a rise in the popularity of luxury vehicles. High-end automobile glass is used in luxury vehicles to increase safety and aesthetic appeal. Adopting lightweight and energy-efficient goods would further benefit market participants during the projection period. The market for automotive glass will also grow more quickly due to the increased need for embedded glass in electronic devices.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The automotive glass market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are AGC Inc., Central Glass Co. Ltd., Corning Incorporated, Fuyao Glass Industry Group Co., Ltd., Guardian Industries, Nippon Sheet Glass Co. Ltd., Saint-Gobain, Taiwan Glass Ind Corp, Xinyi Glass Holdings Co., Ltd. and ร ลพiร ลธecam Group.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฐ๐ฌ :
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