Automotive Glazing Market Foraying into Emerging Economies During 2017 - 2025
Laminated glasses are considered much safer and durable compared to tempered monolithic glasses. Laminated glasses are made by the bonding of two sheets of glass with a transparent plastic. If the laminated glass gets broken, then the plastic in it retains all the broken fragments of glasses. The side windows, windscreen, sunroofs and rear glass are generally made of such glasses. Moreover, it finds application for side and back lights as well. When there is an impact on a laminated glass of a vehicle, the glass cracks in the shape of a spider web and then the interlayer PVB of the glass holds the broken glass pieces, therefore avoiding serious injury and damage to the passengers and the vehicle. In addition, laminated glasses increases the safety and security in vehicles along with improvement of acoustic and thermal comfort. Moreover, with its UV blocking property, the glass improves the lifetime of the upholstery in a vehicle. The various types of laminated glass includes coated, clear, tinted and deep tinted.
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The automotive glazing market can be classified by type, by application and by geography. The type segment can be classified into laminated glass and tempered monolithic glass. By application, the market can be segregated as windscreen, rear glass, sunroof, side window glass, side light and back light. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
The need for greater comfort, safety and security of passengers in vehicles along with the automobile standards set up by the governments and automobile associations across the globe are set to influence the growth of automotive glazing market globally. In addition, economic reforms in developing countries, growth in the global automotive sector and rising private equity investments in automotive glazing manufacturing companies across the world is set to influence the growth of this market positively. Moreover, increasing production of vehicles and rising application of glass in passenger vehicles are set to bolster the growth of this market globally. In terms of market revenue share, Asia Pacific is expected to hold the largest share by the end of forecast period followed by Europe, North America, Latin America and, Middle East and Africa.
The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global automotive glazing market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Research Frontiers, Pilkington, American Glass Products, Asahi Glass Co Ltd., Fuyao Group, Central Glass, Nippon Sheet Glass Co., Guardian Industries Corporation, NordGlass, Guardian Industries Corporation, Pittsburgh Glass Works LLC, Xinyi Glass Holdings, Vitro S.A.B. de Cv, Saint-Gobain Sekurit and Antaya Technologies among others.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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