In-depth research on Automotive Glazing Market Size & Share, Growth, Trends and Forecast 2017 - 2025

The report analyzes and presents an overview of "Automotive Glazing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Automotive Glazing" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Automotive glazing systems help simplify the vehicle assembly process. The materials used for automotive glazing require excellent transparency, toughness, and need to be lightweight. If glass is utilized as an automotive glazing material, then in case of an accident the pieces and fragments of the glass should not get thrown over the people travelling in the car and injure them. The materials used in vehicles for glazing purpose have witnessed significant changes from the conventional glass used a few years back to different types of plastics and plastic blends being employed recently.

Increasing production volumes of both passenger as well as commercial vehicles in recent years are expected to drive the automotive glazing market during the forecast period. Increasing public preference toward vehicles that have sunroof systems is likely to further propel the automotive glazing market in the next few years. Increasing efforts being carried out across the world to develop lightweight and highly transparent materials for automotive glazing are anticipated to further propel the automotive glazing market in the near future. Vehicle manufacturers are developing innovative high-tech glazing solutions which minimize the heat gain in vehicles and offer a high level of comfort to the people riding in the vehicle.

Increasingly stringent norms and regulations regarding vehicle downsizing and reduction in vehicular emissions are fuelling the development of newer light materials which provide excellent glazing properties are light in weight. This is likely to further boost the automotive glazing market during the forecast period. Moreover, few vehicle manufacturers are focusing on the design and development of autonomous vehicles which are likely to be ultra-connected and are estimated to be capable of receiving loads of information and offering infotainment as well. This is anticipated to require a lot of glazing material to be utilized in the vehicle body. Such technological advances with respect to autonomous vehicles, which are in progress, are expected to further fuel the automotive glazing market during the forecast period.

Glass is one of the materials being used for automotive glazing. However, the usage of glass for automotive glazing poses certain security threats while fitting the glass to the vehicle. Thus, glass is witnessing internal substitution by different types of polymers, which possess good glazing properties. Polycarbonate, which is utilized as an automotive glazing material on a large-scale, is quite expensive. Thus, vehicle manufacturers are finding it difficult to employ polycarbonate as a glazing material for vehicles. Moreover, several rules and regulations regarding the type and quality of glass and other materials to be used as automotive glazing materials have been laid down by governments of various nations across the world. This is expected to restrain the automotive glazing market during the forecast period.

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Based on vehicle type, the automotive glazing market can be divided into passenger vehicles and commercial vehicles. The commercial vehicles segment can be further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and buses & coaches. The passenger vehicles segment is anticipated to expand at a significant growth rate during the forecast period owing to the increasing production volumes of passenger vehicles in recent years.

Based on material, the automotive glazing market can be segregated into glass, polycarbonate, and polymer blends. The glass segment can be further sub-segmented into laminated glass, tempered glass, and gorilla glass. Laminated glass consists of two pieces of glass bonded to a transparent plastic interlayer. The greatest advantage of the usage of laminated glass as a glazing material is that even if the laminated glass breaks in case of an accident, the fragments of the glass do not pose a risk to the occupants of the vehicle. The glass fragments stick to the interlayer and do not endanger the lives of the vehicle occupants.

This is not the case with tempered glass. Tempered glass possesses high strength since it is produced by the tempering process. Usually when a tempered glass is broken, the entire pane of glass fractures and disintegrates. However, at times, the fragments of the tempered glass, when broken, are held together in the form of a cluster, which can have jagged edges. Tempered glass is currently being used on a large-scale as an automotive glazing material, in spite of laminated glass being safer than tempered glass. This is primarily attributed to the comparatively low cost of tempered glass than laminated glass. Gorilla glass also possesses certain remarkable properties such as lightness, toughness, and higher optical clarity.

Polycarbonate is well suited as a glazing material owing to its remarkable properties such as high design flexibility while designing automotive components, high formability and processability than glass, high transparency, high toughness, lightness, and high break resistance. Automotive panels and components made of polycarbonate weigh nearly 40 to 50 times less than their counterparts made of glass. However, polycarbonate faces an issue for its widespread usage as an automotive glazing material in all vehicle models due to its high cost. Polycarbonate is thus, primarily preferred by vehicle manufacturers only in high-end and premium models.

Polymer blends such as PC+ABS, PC+ASA, PC+PBT and PC+PET are also, presently, emerging as an automotive glazing material. Covestro, a leading producer of plastics for automotive and other applications, has developed these polymer blends for usage as a glazing material. Such polymer blends provide glazing properties similar to that of polycarbonate and have been developed such that they can be easily processed by techniques used for manufacturing automotive components.

Based on applications, the automotive glazing market can be divided into front windshield, rear windshield, sidelite & backlite, and sunroof.

Based on sales channel, the automotive glazing market can be classified into OEM (original equipment manufacturer) and aftermarket. The aftermarket segment is anticipated to expand at a rapid pace owing to the need to replace the glass or any other material used for automotive glazing after the vehicle is damaged or meets with an accident.

Based on region, the automotive glazing market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the global automotive glazing market during the forecast period owing to the increasing vehicle production and the presence of key vehicle manufacturers in few countries of Asia Pacific such as China, Japan, and South Korea.

Key players operating in the global automotive glazing market include Nippon Sheet Glass Company Limited, Chimei Corporation, Saint Gobain S.A, Fuyao Glass Industry Group Co., Ltd., Webasto SE, Covestro AG, Saudi Basic Industries Corporation (SABIC), and Teijin Limited, among others.

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.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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