Latin America Automotive Glass Size Market Size & Outlook
Latin America automotive glass market size, 2016-2027 (US$M)
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Latin America automotive glass market size highlights
- The Latin America automotive glass market size generated a revenue of USD 1,143.4 million in 2019.
- The market is expected to grow at a CAGR of 4% 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, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 1,143.4 million |
| Market revenue in 2027 | USD 1,561.4 million |
| Growth rate | 4% (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, Latin America region accounted for 3.8% 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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Latin America 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 53.78% in 2019. Horizon Databook has segmented the Latin America automotive glass market size based on tempered, laminated covering the revenue growth of each sub-segment from 2016 to 2027.
Growing urbanization, increasing spending capacities of the consumers, and the growth of the automotive sector in countries including Brazil and Argentina are anticipated to positively affect the market over the coming years.
Laminated glass is very easy to install in vehicles, which will eventually drive the demand for this glass over the forecast period. Tempered glass accounted over 60.4% of the total volume market share in 2015.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive glass market size , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive glass market size from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America automotive glass market size size, by country, 2016-2027 (US$M)
Latin America Automotive Glass Market Size Outlook Share, 2019 & 2027 (US$M)
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