Innovation To Be A Building Block Of The Automotive Glass Market

Published On : 12/03/2021

Persistence Market Research, in its latest report titled, ‘Automotive Glass Market: Global Industry Analysis 2013–2017 and Forecast 2018–2028’, offers key inputs on the global automotive glass market. The research study offers exhaustive research analysis and insights for the automotive glass market for the historical period 2013-2017 and forecast period 2018–2028.

Automotive glass is projected to witness healthy demand in the coming years, owing to the growing automobile fleet across the globe. Increasing per capita income in key emerging countries, changing consumer preferences to own more than one personal vehicle, and the growing trend towards installation of sunroofs in personal vehicles are some of the factors anticipated to create significant demand for automotive glass over the forecast period. The global automotive glass market is projected to grow at a value CAGR of 4.0% over the forecast period.

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FACTS AT A GLANCE

Companies: AGC Inc., Nippon Sheet Glass Co., Ltd, Saint-Gobain S.A., Fuyao Glass Industry Group Co., Ltd., Xinyi Glass Holdings Ltd., Magna International Inc., Vitro, S.A.B. de C.V., Glas Trösch Holding AG, Corning, and CENTRAL GLASS CO., LTD.

Coverage: All major geographies and key segments

Segments: Automotive Glass Market Segmented By Windshields, Back Glass Door, Glass Quarter, Glass Vent, Glass Moon, Sunroofs Application with Laminated Glass, Tempered Glass type in Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

Persistence Market Research, in its recent report on the automotive glass market, provides a detailed value-volume analysis of the automotive glass market on the basis of various segments such as application, glass type, sales channel, vehicle type, and region. In terms of application, the back glass segment is projected to lead the market share in terms of volume, owing to the high volume consumption of this glass for automobile vehicles, while the moon/sunroof segment is anticipated to provide lucrative growth opportunities in the global automotive glass market.

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Automotive glass is one of the key components of an automobile vehicle, which not only offers safety to the passengers, but also provides better aerodynamics to the vehicle and helps in reducing fuel consumption. The large volume of automobile vehicle sales and the growing adoption of moon/sunroofs in passenger vehicles are some of the key factors contributing towards the growing demand for automotive glass, globally. Hence, the automotive glass market is projected to witness robust growth over the forecast period.

The automotive glass market report covers market analysis through basis point analysis (BPS), incremental dollar opportunity index, market attractiveness analysis, and Y-o-Y growth for the historical period 2013–2017, and a forecast analysis for 2018–2028, with 2017 as the base year.

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Uma Rajagopal

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.