Global Automotive Glazing Market Trends, Application, and Regional Forecast to 2031Posted by Karthik Pilla on July 16th, 2022
Bharat Book Bureau Provides the Trending Market Research Report on “Automotive Glazing Market: Segmented: By Product (Tempered glass, Laminated glass and Polycarbonate), By Application (Front windshield, Rear windshield, Side lite and Sunroof), By End-User (Passenger Cars, LCV and HCV) And Region – Global Analysis of Market Size, Share & Trends for 2019–2020 And Forecasts to 2031” under Automotive Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
[ 170 + Pages Research Report] Automotive Glazing Market to surpass USD 19.2 billion by 2031 from USD 9.7 billion in 2021 at a CAGR of 7% in the coming years, i.e., 2021-31. Product Overview Market Highlights Global Automotive Glazing: Segments Based on application global Automotive glazing is categorized into Front Windshield, Rear windshield, Side lite, and sunroof. Revenue from side light applications is expected to grow at a highest CAGR. Wind, debris, the harsh climate, sun rays, and ultraviolet radiation are all protected by side lite car glass. Automotive glass producers are also developing side lite glazing that can maintain the vehicles inside cool regardless of the outside temperature. Electric car makers are growing rapidly for side lite glass, which not only provides protection but also adds to the vehicle's visual appeal. The sector will benefit from increased electric vehicle adoption in the automotive segment, as well as increased automobile production. Global Automotive Glazing is segmented in the basis of product into Polycarbonate, Laminated glass and Tempered glass. During the forecast period, laminated glass is expected to contribute the most revenue to the automotive glass market. It is a type of safety glass that is widely used in automobile windscreens due to its great impact resistance. Even when the glass is shattered, the great impact resistance helps to keep the windshield from breaking. Due to the increasing risk of high-speed collision, laminated glass is frequently utilized in automobile windshields. Laminated glass is frequently employed in the manufacture of automobile side windows. In the future years, the automotive glazing industry will be driven by the widespread use of laminated glazing in vehicle industries. Market Dynamics When designing a car, automakers consider all of the characteristics that are required for the vehicles to operate in the region's weather. Many automobile manufacturers construct vehicles with cold weather conditions in mind. In some of the nations, the major locations are blanketed in snow, resulting in a snow-covered windshield in the winter. To address the issue, electric systems with heating qualities are being utilized in windshields to swiftly defog/defrost the snow that accumulates on the top of the windshield. The technology employed in such windshields is electrochromic, which allows for light transmission modification. All of these additional features are driving up demand for car glazing. Sunroof windows and C-pillar windows is boosting the automotive glazing market's growth In recent years, the trend toward premiumization by automobile manufacturers has accelerated. Sunroofs are an optional feature in most forthcoming sports vehicles and sedans, in addition to normal glass. A typical trend in the industry is the introduction of sunroofs in automobiles, particularly in passenger cars. A roof entire structure constructed of glazing from either side of the rear windshield, referred as the C-pillar window, is also being added by automotive manufacturers. C-pillar windows were once only seen in sedans and coupes, but they are now found in many SUVs, MPVs, and hatchbacks. Customers are increasingly gravitating toward SUVs around the world, which is assisting the expansion of the automotive glazing industry. Restraint Bisphenol A, the most extensively produced transparent plastic generated from crude oil, is used to make polycarbonates. The cost of polycarbonate fluctuates with the price of Bisphenol A. Crude oil has had unpredictable pricing trends in recent years due to erratic supply and rising demand. This erratic pricing of raw materials has an impact on the manufacturer's total profitability and, as a result, creates market instability. Global Automotive Glazing: Key Players Teijin Limited Impact of Covid-19 on Automotive Glazing Market Global Automotive Glazing is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada By Product Details The market size value in 2021 USD 9.7 billion USD 19.2 billion CAGR of 7% from 2021 to 2031 2020 Revenue in USD million and CAGR from 2021 to 2031 Revenue forecast, company ranking, competitive landscape, growth factors, and trends Application, Product, End-user and Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
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