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Automotive Glass Market Share

Report ID: GMI1087
Published Date: May 2021
Report Format: PDF

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Automotive Glass Market Share

The industry is highly consolidated; however, with growing automotive production, the emergence of new players in the market is expected. Existing industry players form joint ventures and strategic partnerships to expand their geographical presence, establish & expand their distribution network in new regions, and diversify their product portfolio.

The key automotive glass market players associated with the industry are

Saint-Gobain
Asahi Glass
Shatterprufe Windscreens
LKQ Corporation
Independent Glass
China Glass Holding Ltd.
Euroglas GmbH
Central Glass America, Inc
Nippon Sheet Glass Co., Ltd
Vitro
Xinyi Glass Holdings
Corning, Inc.
Guardian Glass
Gentex Corporation
Webasto
Magna International Inc.
Fuyao Group

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Automotive glass market size had surpassed USD 7.34 billion in 2020 and will witness a CAGR of 5.7% through 2027 owing to increasing demand for automobiles and rising sales from the aftermarket.

Sidelite application segment will register around 6.5% CAGR through 2027 with the ability to protect the automotive occupant from wind, debris, harsh environment, sun rays, U.V. radiation, etc.

Passenger car automotive glass segment will observe a CAGR of above 6% up to 2027 with higher income levels, growing middle-class population, and easy reimbursement of loans in several emerging economies.

Tempered glass segment had held more than 35% of the market share in 2020 owing the material’s high rigid strength, which protects the vehicle occupant during an accident.

Automotive glass market in Asia Pacific had held a global share of over 45% in 2020 on account of the presence of numerous automotive glass manufacturers and growing automotive production.