Asia Pacific Automotive Glass Size Market Size & Outlook
Asia Pacific automotive glass market size, 2016-2027 (US$M)
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Asia Pacific automotive glass market size highlights
- The Asia Pacific automotive glass market size generated a revenue of USD 13,442.8 million in 2019.
- The market is expected to grow at a CAGR of 4.2% from 2020 to 2027.
- In terms of segment, tempered was the largest revenue generating product in 2019.
- Laminated is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 13,442.8 million |
| Market revenue in 2027 | USD 18,680.6 million |
| Growth rate | 4.2% (CAGR from 2019 to 2027) |
| Largest segment | Tempered |
| Fastest growing segment | Laminated |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tempered, Laminated |
| Key market players worldwide | AGC Inc, Nippon Steel Corp, Compagnie de Saint-Gobain SA, Xinyi Glass Holdings Ltd, Vitrolife AB ADR, Central Glass Co Ltd, Corning Inc, Guardian Capital Group Ltd, Fuyao Glass Industry Group Co Ltd ADR, Taiwan Glass Industry, Trakya Cam Sanayi A.Ş. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.4% of the global automotive glass market size in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- North America is the fastest growing regional market and is projected to reach USD 11,121.9 million by 2027.
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Automotive Glass Market Size Scope
Automotive Glass Market Size Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific automotive glass market size outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive glass market size will help companies and investors design strategic landscapes.
Tempered was the largest segment with a revenue share of 50.52% in 2019. Horizon Databook has segmented the Asia Pacific automotive glass market size based on tempered, laminated covering the revenue growth of each sub-segment from 2016 to 2027.
Asia Pacific dominated the automotive glass market in 2015 accounting for 56.9% of the revenue share. Countries such as China and India have been witnessing changing consumer demands in terms of vehicle styling, safety, and comfort.
Laminated glass exhibits the property of low visual distortion in comparison to other glasses resulting in reduced number of road accidents. Asia Pacific has been witnessing high demand for premium vehicles on account of changing consumer lifestyle and rising disposable income.
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Target buyers of Asia Pacific automotive glass market size databook
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Our clientele includes a mix of automotive glass market size companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive glass market size , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive glass market size from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific automotive glass market size size, by country, 2016-2027 (US$M)
Asia Pacific Automotive Glass Market Size Outlook Share, 2019 & 2027 (US$M)
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