Global Automotive Glass Market: Trends & Opportunities (2014-2019)
- April 2015 •
- 68 pages •
- Report ID: 2911056
The report titled “Global Automotive Glass Market: Trends & Opportunities (2015-2020)” provides an in-depth analysis of global Automotive Glass market (OEM and ARG) with detailed analysis of market sizing and growth, market share and economic impact of the industry. The report also assesses the key opportunities in the global market as well as the markets of China, United States of America, India, Russia and Rest of the World. Growth of the overall Automotive Glass has also been forecasted for the period 2015-20, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like Asahi Glass, Fuayo, Xinyi, NSG, and Saint Gobain are profiled.
- OEM (Original Equipment Manufacturers)
- ARG (Aftersales Replacement Glass)
- Asahi Glass Limited
- Saint Gobain
- United States
The automotive glass market can be divided into two segments: OEM (Original Equipment Manufacturers) Manufacturers for glass products sold to automobile manufacturers principally for installations on new vehicles and the Aftersales Replacement Glass (ARG) market for glass products sold to aftermarket suppliers for replacement purposes.
Market prices for automotive glass depend on factors such as raw material costs and supply and demand in market. The average price for automotive glass decreased from US$35.60 per square meter in 2009 to US$33.5 per square meter in 2010 due to global financial crisis that occurred during 2008. After 2010, the average price for automotive glass has stabilized due to recovery of global automobile sector. With recovery in global automobile sector and increasing global GDP, this industry is expected to flourish in coming years. It is expected that the global automotive glass market will grow at higher pace from 2015 to 2020.
The global automotive glass market is set to grow in the coming years with increase in global automotive production, growth in GDP of various economies and increasing urbanization.