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Automotive Glass Market Growth Analysis, Leading Players Overview, Business Opportunity, Demand, and Report 2023-2028
Automotive Glass Market Report 2023
Report Highlights
How big is the automotive glass market?
Report Attributes Details:
Market Size in 2022: US$ 17.1 Billion
Market Forecast in 2028: US$ 23.8 Billion
Growth rate (2023 to 2028): CAGR of 5.7%
Base Year of the Analysis: 2022
Forecast Period: 2023-2028
What are automotive glass market?
Automotive glass refers to the specialized type of glass that is generally used in vehicles, including cars, trucks, and buses. It is designed to meet the safety requirements of the automotive industry, as it needs to withstand various external factors, such as vibrations, temperature changes, and impact resistance. It is mainly produced from a mixture of silica, lime sodium carbonate, cullet and water and provides protection to the vehicle and the occupants during the time of accidents. It is widely available in different variants across the globe that vary on the basis of price, thickness, color and texture. There has been a considerable increase in the uptake of automotive glass due to the growing need for enhanced safety.
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What are the growth prospects and trends in the automotive glass industry?
The global market is primarily driven by the rising manufacturing and selling of vehicles. This can be attributed to continual improvements in the automotive industry and the growing preference for personal cars among the masses. Along with this, the widespread adoption of electric vehicles (EVs) on account of the increasing focus on sustainable development is providing a boost to the demand for automotive glasses. Moreover, continual technological advancements in the production process and the advent of automotive glasses that provide protection from harmful ultraviolet rays (UV) are creating a positive market outlook. Some of the other factors driving the market further include rapid urbanization and continual upgradation in vehicle designs.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Glass Type:
• Laminated Glass
• Tempered Glass
Breakup by Material Type:
• IR PVB
• Metal Coated Glass
• Tinted Glass
Breakup by Vehicle Type:
• Passenger Cars
• Light Commercial Vehicles
• Trucks
• Buses
Breakup by Application:
• Windshield
• Sidelite
• Backlite
• Rear Quarter Glass
• Sideview Mirror
• Rearview Mirror
• Others
Breakup by End-User:
• OEMs
• Aftermarket Suppliers
Breakup by Technology:
• Active Smart Glass
• Suspended Particle Glass
• Electrochromic Glass
• Liquid Crystal Glass
• Passive Glass
• Thermochromic
• Photochromic
Market Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
• AGC Inc.
• Corning Incorporated
• Fuyao Glass Industry Group Co., Ltd.
• Gentex Corporation
• Hitachi Chemical Co., Ltd.
• Magna International Inc.
• Nippon Sheet Glass Co., Ltd
• PGW Auto Glass, LLC
• Polytronix, Inc.
• Saint-Gobain Group
• MothersonSumi INfotech & Designs Ltd (MIND)
• Webasto SE
• Xinyi Glass Holdings Limited.
Also Read Full Blog List of Top Automotive Glass Companies Across the World: https://www.imarcgroup.com/automotive-glass-manufacturing-companies
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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