Oct 26, 2022   SOURCE: BusinessWire

Global $24.35 Bn Automotive Glazing (Tempered, Laminated and Polycarbonate) Markets, Competition, Forecasts and Opportunities, 2026 - ResearchAndMarkets.com

The "Global Automotive Glazing Market, By Product (Tempered Glass, Laminated Glass and Polycarbonate), By Application (Front Windshield, Sidelite, Rear Windshield and Sunroof), By Vehicle Type, By Region, Competition Forecast and Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Glazing Market, valued at USD15,224.94 million in 2020, is anticipated to grow at a CAGR of 8.55% in the forecast period to reach the value USD24,353.29 million by 2026.

Growing sales and production of automobiles around the globe, increasing purchasing power of consumers, and the rise in the market players making high-end investments for research and development activities are the factors primarily driving the growth of the Global Automotive Glazing Market in the forecast period.

The rise in the number of road accidents and the increasing casualties is making authorities and automotive manufacturers enhance the safety features in automobiles. Increasing efforts made by automobile manufacturers to improve the safety and comfort of consumers are driving the adoption of automotive glazing in automobiles.

During collision or road accidents, automotive glazing allows shattering of the windshield in such a way to ensure that the windshield form is maintained; therefore, they are in high demand among automobile manufacturers. The growing disposable income of consumers enables them to invest in luxury and high-priced vehicles supporting sunroof in automobiles.

The rise in efforts made by the automobile manufacturers to enhance the aesthetic appeal of automobiles and develop vehicles with advanced and premium designs to make them different from their standard model is bolstering the adoption of automotive glazing by the automotive manufacturers.

The availability of C pillar windows in automobiles and the growing technological advancements to lower vehicle weight by developing lower weight materials for automotive glazing are fueling the growth of the Global Automotive Glazing Market for the forecast period.

The Global Automotive Glazing Market is divided by product, application, vehicle type, regional distribution, and competitive landscape. Based on the vehicle type, the market is divided into passenger cars, light commercial vehicles, and medium & heavy commercial vehicles.

Some of the major players operating in the Global Automotive Glazing Market are AGC Inc., Saint-Gobain Group, Fuyao Glass Industry Group Co., Ltd., Nippon Sheet Glass Co., Ltd., Central Glass Co., Ltd., Covestro AG, Corning Incorporated, and Webasto Group.

Objective of the Study:

  • To analyze the historical growth and the market size of the Global Automotive Glazing Market from 2016 to 2020.
  • To estimate and forecast the market size of the Global Automotive Glazing Market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast the Global Automotive Glazing Market based on product, application, vehicle type, regional distribution and competitional landscape.
  • To identify drivers and challenges for the Global Automotive Glazing Market.
  • To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Global Automotive Glazing Market.
  • To conduct pricing analysis for the Global Automotive Glazing Market.
  • To identify and analyze the profile of leading players operating in the Global Automotive Glazing Market.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Glazing Market.

  • Covestro AG
  • Fuyao Glass Industry Group Co., Ltd.
  • AGC Inc.
  • Nippon Sheet Glass Co., Ltd
  • Corning Incorporated
  • Webasto Group
  • Central Glass Co., Ltd.
  • Schott AG
  • Saint-Gobain Group
  • Vitro, S.A.B de C.V

Report Scope:

Years considered for this report:

  • Historical Years: 2016-2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022-2026

Automotive Glazing Market, By Product

  • Tempered Glass
  • Laminated Glass
  • Polycarbonate

Automotive Glazing Market, By Application

  • Front Windshield
  • Sidelite
  • Rear Windshield
  • Sunroof

Automotive Glazing Market, By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Medium & Heavy Commercial Vehicles

Automotive Glazing Market, By Region

  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Europe
  • Germany
  • Spain
  • France
  • United Kingdom
  • Italy
  • North America
  • United States
  • Mexico
  • Canada
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

For more information about this report visit https://www.researchandmarkets.com/r/536wxi