openPR Logo
Press release

Automotive Polycarbonate Glazing Market is Projected to Bring in US$1,770.5 mn Revenues by 2025

Automotive Polycarbonate Glazing Market is Projected to Bring

Companies at the forefront of competition in the global automotive polycarbonate glazing market, according to a new report by Transparency Market Research (TMR), are Saudi Basic Industries Corporation, Covestro AG, Teijin Limited, and Trinseo S.A. Development of better quality polycarbonate resins and expansion of resin manufacturing capacities not only locally but across geographies is the focus of companies for increasing their market share in the automotive polycarbonate glazing market.

According to TMR, the automotive polycarbonate glazing market stood at US$816.1 mn in 2016 in terms of revenue. Expanding at a CAGR of 9.0% between 2017 and 2025, the market is projected to be worth US$1,770.5 mn by 2025.

The sunroof segment is expected to be the most attractive application segment between 2017 and 2025, whereas front windshield is expected to display the least market share. This is because major developed countries of the world have regulations that specify only laminated glass for windshield application. Asia Pacific contributed the dominant 40% revenue to the global automotive polycarbonate glazing market in 2016.

Benefits of Reduced Fuel Consumption for Vehicular HVAC Systems Favor Market

The vast advantages of polycarbonate material over glass in automotive glazing have boosted adoption of polycarbonate glazing in the automotive sector. This includes easy to shape property, better thermal strength, and high impact resistance than glass irrespective of its less weight. Polycarbonate glazing has better design and functional integration than glass glazing.

Request For Report Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23351

The use of polycarbonate resins is beneficial to the environment as well. The use of polycarbonates reduces vehicle weight, which in turn improves fuel efficiency and reduces vehicle emission. In addition, polycarbonate helps to reduce HVAC load because of which fuel needed to maintain the temperature inside a vehicle is less. Thus, the fuel efficiency of the vehicle is improved and emissions reduced.

In particular, in developed countries, stringent regulations in to improve fuel efficiency and reduce vehicle emissions is having a positive impact on the adoption of polycarbonate glazing. For example, in 2011, the U.S. president announced plans for increased fuel efficiency for cars and light-duty trucks by 2025.

Stringent Regulations Restrict Use of Polycarbonates in Developed Countries

Despite the positive factors, the global market for automotive polycarbonate glazing is restrained by a few factors. For instance, regulatory impact, cost, and material properties of polycarbonates are posing a challenge to the automotive polycarbonate glazing industry. For instance, in the U.S., the Federal Motor Vehicle Safety Standards specifies only laminated glass, tempered glass, and glass-plastic for automotive glazing standards. Therefore, the regulatory environment in major automotive markets such as the U.S., Europe, and Japan specifies laminated, tempered, or toughened glass for automotive glazing. The use of plastics including polycarbonates is restricted in these geographies for automotive glazing.

While polycarbonates display high impact resistance than glass in terms of material property, they are not scratch resistant. This requires polycarbonates to be coated with a coating material to make them scratch resistant. This, in turn, increases the cost of automotive polycarbonate glazing restricting their adoption in the automotive sector.

Request For Report Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=23351

Nevertheless, the adoption of polycarbonate glazing is anticipated to rise with the increasing production of electric vehicles and automotive lighting. Panoramic roofs also present opportunity for polycarbonate glazing which will significantly reduce vehicle weight and, in turn, improve fuel efficiency and vehicular emissions.

The review presented is based on the findings of Transparency Market Research report, titled “Automotive Polycarbonate Glazing Market (Application - Front Windshield, Side Window, Rear Windshield and Sunroof; Vehicle Type - Passenger Vehicles and Commercial Vehicles) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025.”

The global automotive polycarbonate glazing market is segmented as follows:

Global Automotive Polycarbonate Glazing Market by Application

Front Windshield
Side Window
Rear Windshield
Sunroof

Global Automotive Polycarbonate Glazing Market by Vehicle Type

Passenger Vehicles
Commercial Vehicles

About US
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.

Contact US
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Website: https://www.transparencymarketresearch.com/
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Polycarbonate Glazing Market is Projected to Bring in US$1,770.5 mn Revenues by 2025 here

News-ID: 864762 • Views: 139

More Releases from Transparency Market Research

Biomedical Refrigerators and Freezers Market Insights by 2027
According to a new market report published by Transparency Market Research titled “Biomedical Refrigerators and Freezers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,” the global biomedical refrigerator and freezer market is expected to reach a value of US$ 7122.4 Mn by 2027. In terms of value, the market is estimated to expand at a CAGR of 4.5% during the forecast period from 2019 to 2027.
Construction Market Trends and Research Insights by 2027
Transparency Market Research delivers key insights on the global construction market. In terms of revenue, the construction market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the construction market report. In the report, TMR predicts that the construction market would be largely driven by factors, such as rise in population and investments in
Microdisplay Market to rise at a CAGR of 22.3% by 2027 – TMR
According to a new research report on the global microdisplay market published by Transparency Market Research (TMR) the global microdisplay market is expected to reach value of US$ 5782.6 Mn by 2027, expanding at a CAGR of 22.3% from 2019 to 2027. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In
Automotive Wiring Harness Market Research Insights by 2027
According to the report, the global automotive wiring harness market is projected to reach ~US$ 76 Bn by 2027, expanding at a CAGR of ~5% during the forecast period. Increasing GDP and technological advancements are major factors fueling the demand for automotive wiring harness market globally. The automotive wiring harness is undergoing an architectural revolution, owing to increase in incorporation of electronic components in vehicles, causing the weight of wiring

All 5 Releases


More Releases for Polycarbonate

Polycarbonate Diols Market Global Briefing
Global Polycarbonate Diols Market: Overview Polycarbonate diols are chemically studied to be thermoplastic building blocks for polyurethane dispersions and polyurethane compounds such as thermoplastic polyurethane (TPU) and thermoplastic elastomers (TPE). They offer better compatibility with several polyols and solvents and easy handling with their viscous nature at room temperature. Oxidative degradation resistance, intrinsic flexibility, and hydrolytic stability are key properties possessed by polycarbonate diols. Other properties such as optical, temperature resistance,
Global Polycarbonate Polyol Market Research Report 2020
This report focuses on Polycarbonate Polyol volume and value at global level, regional level and company level. From a global perspective, this report represents overall Polycarbonate Polyol market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in
Global Polycarbonate Glycol Market Outlook (2014-2025)
Global Polycarbonate Glycol market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information about various
Global Polycarbonate Film Depth Research Report 2019
In its recently published report, QY Research has provided unique insights about global Polycarbonate Film market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments of the global Polycarbonate Film market. Request Sample Report and Full
Strategic Analysis Of Polycarbonate Diols Market
Polycarbonate diols are chemically studied to be thermoplastic building blocks for polyurethane dispersions and polyurethane compounds such as thermoplastic polyurethane (TPU) and thermoplastic elastomers (TPE). They offer better compatibility with several polyols and solvents and easy handling with their viscous nature at room temperature. Oxidative degradation resistance, intrinsic flexibility, and hydrolytic stability are key properties possessed by polycarbonate diols. Other properties such as optical, temperature resistance, and impact resistance could
Polycarbonate Market - Global Industry Forecast, 2017-2025
IndexBox has just published a new report "World: Polycarbonates (In Primary Forms) - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-polycarbonates-in-primary-forms-market-report-analysis-and-forecast-to-2020/?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering •