Automotive Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Automotive Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • January 2022 •
  • 148 pages •
  • Report ID: 5878781 •
  • Format: PDF
The global automotive glass market reached a value of US$ 16.2 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 22.7 Billion by 2027, exhibiting a CAGR of 5.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Automotive glass refers to tempered or laminated glass that is used for manufacturing of windscreens and windows of a vehicle. Laminated glass is fabricated using two glass sheets with a layer of polyvinyl butyral (PB) in between to endure extreme heat and impacts without shattering. On the other hand, tempered glass is manufactured as a one-ply product that turns into non-sharp pieces upon breaking, for enhanced safety of the passengers. Apart from this, automotive glass offers water-resistance, superior aerodynamic features and protection against ultraviolet (UV) radiation, rain, fog, dust, sun and external noises.

Significant growth in the automotive industry across the globe is one of the key factors driving the market. Increasing consumer inclination toward luxury and premium cars that are equipped with advanced utility and safety features, such as glass sunroofs, are significantly contributing to the market growth. Furthermore, various technological innovations, including the development of smart automotive glass and its integration with the in-vehicle entertainment systems, are also providing a boost to the market growth. Smart glass can modify light intensity, voltage fluctuations and heat variations of the vehicle, which aid in improving the overall driving efficiency, passenger comfort and safety. The glass is used as a digital interactive surface for advertising, entertainment and panoramic experiences. Other factors positively influencing the market growth include the increasing purchasing power of consumers, rapid urbanization in emerging nations and widespread adoption of electric and hybrid vehicles across the globe.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global automotive glass market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on glass type, material type, vehicle type, application, end-user and technology.

Breakup by Glass Type:
Laminated Glass
Tempered Glass
Others

Breakup by Material Type:
IR PVB
Metal Coated Glass
Tinted Glass
Others

Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Trucks
Buses
Others

Breakup by Application:
Windshield
Sidelite
Backlite
Rear Quarter Glass
Sideview Mirror
Rearview Mirror
Others

Breakup by End-User:
OEMs
Aftermarket Suppliers

Breakup by Technology:
Active Smart Glass
Suspended Particle Glass
Electrochromic Glass
Liquid Crystal Glass
Passive Glass
Thermochromic
Photochromic

Breakup by Region

Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
North America
United States
Canada
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Asahi Glass, Corning, Fuyao Glass, Gentex, Hitachi Chemical, Magna, Nippon Sheet Glass, PGW, Polytronix, Saint-Gobain, Samvardhana Motherson, Webasto, Xinyi Glass, Ltd. etc.

Key Questions Answered in This Report:

How has the global automotive glass market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global automotive glass market?
What are the key regional markets?
What is the breakup of the market based on the glass type?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-user?
What is the breakup of the market based on the technology?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global automotive glass market and who are the key players?
What is the degree of competition in the market?