EUROPE AUTOMOTIVE POLYCARBONATE GLAZING MARKET FORECAST 2019-2027

EUROPE AUTOMOTIVE POLYCARBONATE GLAZING MARKET FORECAST 2019-2027

  • February 2018 •
  • Report ID: 5731230 •
  • Format: PDF
KEY FINDINGS
The European automotive polycarbonate glazing market is expected to grow at a CAGR of 14.68% during the forecasting years 2019-2027. The newer and advanced technological innovation for manufacturing and aesthetical designing of automobile components, automotive polycarbonate glazing are finding increased applications in the automobile industry. Until recent times, most of the automotive glazing were manufactured using glass as the major material; however, glass is being replaced by polycarbonate for reducing the overall vehicle weight.

MARKET INSIGHTS
The market is reaping major profits because of contributions made by the United Kingdom, Germany, Italy, Russia, Spain, France and the remaining countries collectively forming the Rest of Europe.Germany automotive polycarbonate glazing market is mainly driven by the growing adoption of lightweight technology and demand for polycarbonate glazing in the automotive sector along with growing consumption of polycarbonate.

Lightweight material in automotive sector offers great potential in increasing fuel efficiency. Germany is recognized as a major automotive industry in Europe owing to the presence of big manufacturing companies such as BMW, Volkswagen, Audi, Mercedes-Benz and other companies.

COMPETITIVE INSIGHTS
The eminent companies operating in Europe for automotive polycarbonate glazing market are Sabic, Trinseo S.A., Sumitomo Chemical Co. Ltd., Renias Co., Ltd., Teijin Ltd., Engel Austria GmbH, Idemitsu Kosan Co., Ltd., KRD Sicherheitstechnik GmbH, Covestro AG, Webasto SE, Chi Mei Corporation and Mitsubishi Chemical Corporation.

Companies mentioned
1. CHI MEI CORPORATION
2. IDEMITSU KOSAN CO., LTD
3. SABIC
4. ENGEL AUSTRIA GMBH
5. TEIJIN LTD.
6. WEBASTO SE
7. RENIAS CO., LTD.
8. SUMITOMO CHEMICAL CO. LTD.
9. TRINSEO S.A.
10. MITSUBISHI CHEMICAL CORPORATION
11. COVESTRO AG
12. KRD SICHERHEITSTECHNIK GMBH