Automotive Glass Market 2018 Global Industry Size, Growth, Trends, Share, and Regional Forecast To 2023 Research Report, Global Automotive Glass Market to grow at 7.73% growth rate from 2018 to 2023.

Pune, India - November 5, 2018 /MarketersMedia/ —

Automotive Glass Industry is segmented by type (Tempered glass, Laminated glass), vehicle type (Passenger car, Light commercial vehicle, Heavy Commercial vehicle), Application (Windscreen, Sidelite, Backlite, Sunroof) and Region. The Automotive Glass market is expected to reach market size of 28,135.7 million by 2023.

Global Glass Market Key Players Analyzed In Report:

Central Glass Co. Ltd (Tokyo), Saint Global S.A. (Paris), Olimpia Auto Glass Inc.(Turkey), Shatterprufe (South Africa), Nippon Sheet Glass Co. Ltd (Japan), Vitro, S.A.B. de C.V. (Mexico), Xinyi Glass Holdings Limited (Hong Kong), Guardian Industries Corp (U.S.), Fuyao Glass Industry Group Co. Ltd (China), Asahi Glass Co., Ltd. (Japan).

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Glass Market Highlights:

Automotive glass is the component of vehicle that contributes to the safety and stiffness. Automotive glass includes different components such as windscreen, side and rear windows, and roof of the vehicle with glass panel. The main property of automotive glass is to provide a clear vision of the road and the nearby objects. Mainly two types of automotive glasses are used in automobile that includes tempered safety glass and laminated safety glass.

Factors such as the growing demand for luxury and value-added features such as electronically switch abled smart glasses and other are some of the factors driving the automotive glass market. Additionally, benefits such as thermal comfort and noise reduction offered by these will enhance automotive glass market. Moreover, the rising need for weight reduction in cars, is expected to fuel the demand for ultra-thin & tough windshield glasses for sophisticated vehicle models.

In spite of these factors, the auto glass market growth could be restrained by the factors such as higher manufacturing prices of auto glass, fluctuating prices of glass raw materials, and underdeveloped aftermarket services in major countries. Whereas, the major factor that has been a challenge for the automotive glass industry is the government regulations over automotive glass certification. The automotive glass needs to clear all the certification process led by government and transportation department. However, several manufacturers face various difficulties in getting NOC from these departments. Moreover, the manufacturers need to obtain these certificates to sell or export their products to other countries such as US’s DOT, China’s CCC, Brazil’s INMETRO, Japan’s JAS, India’s RTO and among others. Therefore, owing to these factors, the market has faced various challenges that could obstruct the market growth.

Regional Analysis:

Geographically, Asia-Pacific is a major revenue generator of the global automotive glass market, where China, Japan and India are considered the prominent countries for the market, owing to the growing population, huge exports, rapid urbanization and technological advancements. Moreover, the rising preference for gorilla glass for high end premium vehicles, will create an opportunity for the specialized automotive market to meet the standard for the glass.

North America is the second leading market of automotive glass market and is estimated to grow at a CAGR of 7.19% during the forecast period.

Market Segmentation:

The scope of global automotive glass market is segmented into three major segments which are explained below:

By Glass Type:
Tempered Glass
Laminated Glass

By Vehicle Type:
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

By Application:
Windscreen
Sidelite
Backlite
Sunroof

Global Transfer Case Market Research Insights:

The report for Global Automotive Glass Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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List Of Tables:

TABLE 1 MARKET SYNOPSIS

TABLE 2 RAW MATERIAL SOURCES OF AUTOMOTIVE GLASS MAJOR MANUFACTURERS IN 2016

TABLE 3 SALES BASE AND MARKET CONCENTRATION RATE OF RAW MATERIAL

TABLE 4 GLOBAL AUTOMOTIVE GLASS PRICE (USD/ K UNITS) BY REGION (2012-2017)

TABLE 5 RAW MATERIAL PRICES ANALYSIS 2012-2016 (USD/UNIT)

TABLE 6 KEY SUPPLIERS OF RAW MATERIALS

TABLE 7 DISTRIBUTORS/ TRADERS LIST

Continued…

List Of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 INDUSTRY CHAIN STRUCTURE OF GLASS MARKET

FIGURE 4 MANUFACTURING COST STRUCTURE OF AUTOMOTIVE GLASS

FIGURE 5 GLOBAL GLASS MARKET SALES SHARE, BY PRODUCT, 2016 (IN %)

Continued…

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