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Automotive Glazing Market Size, Share & Industry Analysis, By Product Type (Tempered Glass, Laminated Glass, Polycarbonate), By Application Type (Front Windshield, Rear Windshield, Sidelites, Sunroof) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105491 | Status : Ongoing

 

KEY MARKET INSIGHTS

Automotive glazing also known as automotive glass are the vital component of the vehicles that are used in various applications of the vehicles including front windshield, rear windshield, sidelites, sunroof among many others. The automotive glazing is usually made of tempered or laminated glass, or polycarbonate materials. These glazing improves the safety and security of the vehicles as well as enhances the aesthetic look of the vehicles. Automotive manufacturers continue to work to develop better, lighter, and safer auto parts, as greater air pollution and carbon emissions issues are having an undisputed impact on the automotive industry. This impact has led manufacturers in the global automotive glass market to also take measures to improve existing products and develop new products designed to reduce the weight of cars, thereby making them more fuel-efficient. Although some of these advanced materials used for making the automotive glasses are more expensive than traditional material glasses, they are still being adopted by the manufacturers to reduce the weight and increase vehicle efficiency. For example, the polycarbonate material is lighter and safer, as compared to the traditional material glazing and its application in windshields and rear window glass is rapidly gaining attraction of the consumers.


Key Market Driver -

Increasing demand for light weight and advanced materials such as polycarbonate is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

High cost advanced materials may hinder the growth of the market during the forecast period.


Market Segmentation:


Globally, the automotive glazing market is segmented by product type, by application type, and by geographic coverage. The product type is further segmented into laminated glass, tempered glass, and polycarbonate glass. The laminated glass holds the major share in the global market as it is widely used for windshields in vehicles. These glasses are widely used in front windshields owing to their improved safety properties and high impact resistance. However, it does not help passengers to evacuate in case of road accidents, thus limiting its development in the automotive glazing industry. The polycarbonate glass is gaining high traction in the market owing to its various advantageous features such as heat resistance, high durability, high impact resistance, and easy mouldable properties. This superior material help reduce the overall weight of the vehicle and improve fuel efficiency. The application type is further divided into front windshield, rear windshield, sidelites and sunroofs. The front windshield segment holds the largest share in the global market and is expected to propel further owing to the rise in the sales and production of vehicles across the globe. The other segments are also showing an exponential growth in the automotive glazing market owing to the increasing demand for vehicle aesthetics as well as for the enhanced safety of the vehicles.

Key Players:


Major players operating in the global Automotive Glazing market include Covestro AG, Chi Mei Corporation, SABIC, KRD Sicherheitstechnik, Mitsubishi, Webasto SE, Idemitsu, Glaston Corporation among others.

Key Insights



  • New Advancements in Automotive Glazing

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the automotive glazing market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific holds the maximum share in the global market and is expected to dominate further over the forecast period owing to the presence of multiple automakers in the region. These automakers focus on introducing various vehicles across multiple market segments, such as hatchbacks, sedans, crossovers, SUVs, and MUVs. In addition, developing as well as developed countries such as India, China, and Japan are the major contributors in large production of vehicle sales each year. Moreover, the high demographic growth, increasing urbanization, improved living standards and rise in the disposable income of individuals are fuelling the growth of the market in this region. Europe is expected to show an exponential growth in the global market owing to the presence of leading automobile companies in this region and the rapid adoption of advanced technologies by the automakers.

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Segmentation






















 ATTRIBUTES 

 DETAILS 

By Product Type



  • Tempered Glass

  • Laminated Glass

  • Polycarbonate



By Application Type



  • Front Windshield

  • Rear Windshield

  • Sidelites

  • Sunroof



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



  • Ongoing
  • 2023
  • 2019-2022

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