Automotive Glazing Market - Global Forecast to 2025 with SABIC, Covestro, Teijin, Webasto, Freeglass, and Idemitsu Dominating

DUBLIN, Feb. 7, 2019 /PRNewswire/ --

The "Automotive Glazing Market by Polycarbonate-Application , Advanced Applications, Vehicle Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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The Automotive Glazing Market is Estimated to be USD 1.4 Billion in 2018 and is Projected to Reach USD 2.7 Billion by 2025, at a CAGR of 10.13%

The demand for automotive glazing is driven by the increasing production of passenger cars and SUVs. This can be attributed to the high penetration of sunroof and rear quarter glass in premium vehicles. However, the high pricing of polycarbonate is hindering the growth of automotive glazing market.

The study estimates and projects the automotive glazing market, by application (windscreen, sidelite, backlite, sunroof, rear quarter glass, and lighting application (exterior)), vehicle type (passenger car, bus, truck, and LCV), electric and hybrid vehicle type (BEV, PHEV, and HEV), off-highway vehicle type (agricultural tractors and construction equipment), and region (Asia Oceania, Europe, North America, and RoW). The regional market for Asia Oceania is further segmented into India, Japan, China, South Korea, and the Rest of Asia Oceania. Europe is segmented into Germany, UK, France, Italy, Spain, Russia, and Rest of Europe. North America is segmented into the US, Mexico, and Canada whereas the RoW is segmented into Brazil and South Africa.

Asia Oceania is projected to hold the largest market share and is projected to grow from USD 656.5 million in 2018 to USD 1,310.7 million by 2025, at a CAGR of 10.38%. Factors such as increasing vehicle production and increased demand for premium vehicles have triggered the demand for the automotive glazing market in the region.

China accounts for the largest market share of 27.63% of the global automotive glazing market, which can be attributed to the ever-growing production of passenger cars in the country and the use of polycarbonate in exterior lighting for all vehicle types. Asia Oceania accounts for nearly 50% of the polycarbonate production in the world. The region is home to key OEMs such as Toyota, GLM, and Honda that have launched vehicles with polycarbonate glazing. For instance, Tommykaira ZZ adopted the first polycarbonate windscreen supplied by Teijin. These developments are expected to help Asia Oceania dominate the automotive glazing market in the near future.

The applications of polycarbonate comprise exterior lighting covers, sidelite, backlite, windscreen, sunroof, and rear quarter glass. The sunroof and rear quarter glass segments have a significant penetration of polycarbonate, while sidelite, backlite, and windscreen have a low penetration of polycarbonate. The front lighting application has 100% penetration of polycarbonate.

It is projected to be the largest segment, by application, in the global automotive glazing market and is projected to grow at a CAGR of 4.31%, by value, during the forecast period. The growth of front lighting is mainly driven by the dominance of polycarbonate in the automotive glazing market. All the vehicle types are equipped with polycarbonate lighting covers.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Automotive Glazing - Global Market Trends
4.2 Automotive Glazing Market, By Application
4.3 Automotive Glazing Market, By Electric Vehicle
4.4 Automotive Glazing Market, By Off-Highway Vehicle
4.5 Automotive Glazing Market, By Vehicle Type
4.6 Automotive Glazing Market, By Country
4.7 Automotive Glazing Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1 Increased Focus on Lightweighting of the Vehicle
5.2.1.1 Better Flexibility for Advanced Designing Options in Glazing Technologies
5.2.1.2 Increasing Penetration of Sunroof
5.2.1.3 Increasing Installation Rate in Off-Road Vehicle
5.2.2 Restraints
5.2.2 Low Familiarity of the Engineers With Advanced Plastic Glazing
5.2.2.1 Volatile and High Cost of Polycarbonate
5.2.3 Opportunities
5.2.3 Potential Usage in Automotive Glazing Such as Windshield
5.2.3.1 Growing Market for Electric Vehicles
5.2.3.2 Clear A-Pillar
5.2.4 Challenges
5.2.4 Scratch Reduction
5.2.4.1 Changing Preconceived Notions About Polycarbonate Glazing

6 Industry Trends in Automotive Glazing Market
6.1 Introduction
6.2 The Advanced Applications
6.2.1 Head-Up Display
6.2.2 Large Windscreen
6.2.3 Switchable Glazing
6.2.4 Hydrophobic Glazing
6.2.5 Sun Control Glazing
6.3 Scenario
6.3.1 Normal Scenario
6.3.2 Pessimistic Scenario
6.3.3 Optimistic Scenario
6.4 Porter's Five Forces
6.5 Revenue Impact

7 Automotive Glazing Market, By Off-Highway Vehicle
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights
7.2 Construction Equipment
7.2.1 Sops and Fops Safety Regulations to Drive The Demand for Polycarbonate Glazing in Construction Equiptment on Construction Equipment Glazing Market
7.3 Agricultural Tractors
7.3.1 Europe is Expected to Be The Largest Glazing Market for Agricultural Tractors

8 Automotive Glazing Market, By Electric Vehicle
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions Considered for The Chapter
8.1.3 Industry Insights
8.2 Battery Electric Vehicle (BEV)
8.2.1 Owing to High Slaes of BEVs in China, Asia Oceania to Be The Largest Glazing Market for BEVs
8.3 Hybrid Electric Vehicle (HEV)
8.3.1 Rising Demand for Weight Reduction to Increase The Vehicle Range and Fuel System to Have A Major Influence on The HEV Glazing Market
8.4 Plug-In Hybrid Electric Vehicle (PHEV)
8.4.1 Increasing Demnad for Sunroof and Rear Qarter Glass is Estimated to Drive The Market for Automotive Glazing

9 Automotive Glazing Market, By Application
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions Considered for the Chapter
9.1.3 Industry Insights
9.2 Windscreen
9.2.1 Windscreen Market is Estimated to Grow at A Significant Growth Rate Owing to Updated Mandates Regarding Polycarbonate in Windscreen
9.3 Sidelite
9.3.1 Asia Oceania is Expected to Be the Largest Sidelite Automotive Glazing Market
9.4 Backlite
9.4.1 Strength Provided By Polycarbonate in Backlite is Estimated to Drive Market for Backlite Polycarbonate
9.5 Rear Quarter Glass
9.5.1 Increasing Demand for Premium Suv in Asia Oceania Region is Estimated to Drive the Polycarbonate Rear Quarter Glass Market
9.6 Sunroof
9.6.1 Increasing Demand for Convenience and Lightweighting in Premium Vehicle has Positive Influence on Sunroof Polycarbonate Market
9.7 Front Lighting
9.7.1 Regulation on Drl has Increased Demand for Lighting Covers Which has Positive Impact on Front Lighting Segment of Polycarbonate Glazing Market
9.8 Rear Lighting
9.8.1 The Installation of Polycarbonte in Lighting Application has Increased Globally Due to the Ability of Polycarbonate to Adapt to AUsing Molding

10 Automotive Glazing Market, By Vehicle Type
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions Considered for the Chapter
10.1.3 Industry Insights
10.2 Passenger Car
10.2.1 Rising Demand for Aesthetic Features and Advanced Safety Systems is Expected to Have Major Influence on the Passenger Car Segment of TGlazing
10.3 Light Commercial Vehicle (Lcv)
10.3.1 North America is Expected to Be the Largest Market for Automotive Glazing in Lcvs
10.4 Truck
10.4.1 Weight Reduction Will Have Low Impact on Automotive Glazing Market for Trucks
10.5 Bus
10.5.1 Polycarbonate Glazing Results in an Approximate 300 Lb Weight Reduction Per 40 Ft. Bus

11 Automotive Glazing Market, By Region

12 Competitive Landscape
12.1 Overview
12.2 Competitive Leadership Mapping
12.2.1 Introduction
12.2.2 Visionary Leaders
12.2.3 Innovators
12.2.4 Dynamic Differentiators
12.2.5 Emerging Companies
12.3 Competitive Benchmarking - Glazing and Polycarbonate Manufacturers
12.3.1 Company-Wise Business Strategy Analysis
12.3.2 Company-Wise Product Offering Analysis
12.4 Competitive Benchmarking - Glass Manufacturers
12.4.1 Company-Wise Business Strategy Analysis
12.5 Market Ranking Analysis
12.6 Competitive Situation & Trends
12.6.1 New Product Developments
12.6.2 Supply Contract
12.6.3 Expansions
12.6.4 Joint Venture

13 Company Profiles
13.1 Covestro
13.2 Freeglass
13.3 SABIC
13.4 Webasto
13.5 Idemitsu Kosan
13.6 Mitsubishi Engineering Plastics
13.7 Trinseo
13.8 Teijin
13.9 Chi Mei Corporation
13.1 Krd Sicherheitstechnik
13.11 Additional Company Profiles
13.11.1 AGC
13.11.2 Central Glass
13.11.3 Xinyi Glass
13.11.4 Guardian Industries
13.11.5 Nippon Sheet Glass
13.11.6 Fuyao Glass Industry
13.11.7 Saint-Gobain
13.11.8 Sumitomo Corporation
13.11.9 Evonik
13.11.10 Corning Incorporated
13.11.11 Sisecam Group
13.11.12 Shenzhen Benson Automobile Glass Co. Ltd

For more information about this report visit https://www.researchandmarkets.com/research/4hghnp/automotive?w=5

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