Monday 28 May 2018

Automotive Glazing Market is driven by growing demand for lightweight automobile components with superior impact resistance across the globe


The global automotive glazing market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for lightweight auto-components owing to the surge in demand for high-efficiency vehicles with superior performance is expected to drive market growth.

The global automotive glazing market report has been segmented on the basis of product, application, vehicle type, and region.

On the basis of product, the global automotive glazing market has been segmented into laminated glass, tempered glass, and polycarbonate. Demand for polycarbonate is anticipated to grow over the forecast period owing to its heat resistance, high impact resistance, and easy to shape flexibility properties.

On the basis of application, the global automotive glazing market has been segmented into rear windshield, front windshield, and sunroof. Penetration of sunroofs is expected to grow over the forecast period. Growing demand for superior illumination and air circulation in automobiles is expected to drive market growth over the forecast period.

On the basis of vehicle type, the global automotive glazing market has been segmented into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Light commercial vehicles (LCVs) is expected to witness steady growth over the forecast period owing to growing demand for transportation sector across the world. Increasing demand for lightweight components to improve the fuel efficiency of automobiles is anticipated to propel market growth.

On the basis of region, the global automotive glazing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to be the fastest growing region in the global automotive glazing market owing to increasing automotive production in the region. Growing demand for innovating glazing to produce attractive luxury cars is expected to drive market growth in the region.

Key players operating in the global automotive glazing market include Asahi Glass Co. Ltd., Nippon Sheet Glass Co., Ltd. (Pilkington), Pittsburgh Glassworks LLC, Covestro AG, Webasto Roof Systems Inc., Mitsubishi Engineering-Plastics Corp., Fuyao Glass America, Webasto Roof Systems Inc., Guardian Industries Corp., and Saint Gobain S.A.


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