Market Overview
The worldwide automotive glazing market size is expected to spike up in the future years due to the surging demand for lightweight automobile elements with superior corrosion protection and impact resistance, which in turn, is driving the market growth, states Marker Research Future in its comprehensive report. Automotive glazing is the method of glazing for automotive which is done for strengthening the glass incorporated in vehicles with superfast cooling, which is located in a range from 600 to 300 degree within seconds.
The procedure is performed for making laminated glass for application in vehicles. The development of the glazing for automotive market is likely to grow owing to a propelling automotive sector which provides opportunities for increasing the demands for satisfying consumer needs of comfort, security, and safety, while driving the vehicle. Furthermore, spurring popularity of cars integrated with sunroof systems, is also anticipated to affect the glazing for the automotive market with an assertive pull. At the same time, technological progressions associated with the incorporation of new raw materials like polycarbonate and replacing conventional glass is estimated to fuel the market’s growth accompanied by an impressive CAGR.
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Consequently, the innovative glazing for automotive extends striking performance coupled with better appearance to the users. The capability of these progressive glazing procedure further contributed to the market development by curtailing carbon dioxide emissions along with the preservation of a healthy and clean environment. Likewise, the onset of new trends in the making of automobiles have also propelled the glazing for automotive market significantly and have paved the way for new avenues for the future. On the contrary, the aspects like high cost collectively with several regulations introduced by the government for restricting the usage of polycarbonate is anticipated to impact the development of the market throughout the estimation period.
The giant glazing manufacturers have long term contracts which stir competitive air amongst the small players within the market. Product divergence with regards to weight, resistance, and color, is predicted to be the key parameters impacting the consumers, along with modifying the glazing systems with advanced materials is propelling the market to grow. Besides, the glazing automotive market is gaining popularity for preserving stability in critical weather conditions and for exhibiting outstanding mechanical resistance. These aspects are projected to accelerate the glazing for automotive market to a large extent.
Key Players
The key players dominating the glazing automotive market include Research Frontiers, Pilkington Group Limited, Fuyao Glass Industry Group Co. Ltd, American Glass Products, Central Glass Co. Ltd., Asahi Glass Co Ltd., NordGlass, Guardian Industries Corporation, Nippon Sheet Glass Company Ltd., Pittsburgh Glass Works, LLC, and others.
Market Segmentation
According to the report published by Market Research Future, the worldwide glazing for automotive market is segmented based on vehicle type, application, region, and advanced application. Based on the mode of application, the glazing automotive market has been segmented as sunroof, side lite, lightening, and backlight. Based on vehicle type, the glazing automotive market has been segmented as per the off-highway vehicles and on-highway vehicles. Based on advanced application, the market has been segmented into sun control, large wide-screen, HUD, and hydrophobic glazing.
Regional Analysis
The global glazing for the automotive market has been studied geographically in the reports published by MRFR. In its report, the glazing automotive market around the globe has been categorized into regions like Europe, North America, Asia-Pacific, and the rest of the world. Out of these, the Asia-Pacific region is estimated to represent the primary share of automotive glazing market, on account of the surged production of vehicle and spurring demand for sunroof. North America region is estimated to be the second largest market for the glazing automotive industry owing to the surged adoption of new technologies and integration of progressive automotive needs.
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