The global automotive glazing market size is expected to reach USD 50.67 billion by 2030, expanding at a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for advanced passenger protection in automobile owing to rising road fatalities is expected to propel growth for glazing systems.
Automotive production volume is the primary factor influencing the industry trends. Growing acceptance of lightweight components in cars contributing to improved fuel efficiency is expected to propel industry growth. Innovations in the glazing technology by industry players to offer high impact bearing materials with attractive colors and designs is likely to drive demand.
Nippon Sheet Glass Company Limited (NSG), Asahi, Saint Gobain S.A. and Fuyao Glass Industry Group Co., Ltd. together dominated the industry in 2016 accounting over 70% of the overall demand. The new entrants are likely to face a threat from these giants owing to their large production capacities, well-established consumer base, and the broad geographical reach.
Glass has been dominating the industry and accounted for a share of over 95% of the overall consumption in 2016. However, rising inclination of automotive manufacturers to replace the glass with lightweight polycarbonate materials is expected to hamper its share. As a result, the industry players are likely to invest in plastic glazing technologies to meet the rising product demand.
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Based on the applications, the windscreen segment dominated the global industry and accounted for the revenue share of 35.6% in 2023 owing to the demand for smart glass technology integrated into windshields.
The sidelite segment is expected to grow at the fastest CAGR over the forecast period. Increasing number of fatalities on the roads have created a demand for safer glass for automobile side windows.
The passenger vehicles segment has the largest revenue share in 2023. The market is primarily driven by the rising demand for improved car aesthetics and enhanced safety features.
Asia Pacific automotive glazing market dominated the global industry with a revenue share of 48.5% in 2023.
Grand View Research has segmented the global automotive glazing market on the basis of application, end use, and region:
Automotive Glazing Application Outlook (Volume, Million Meter Square; Revenue, USD Million, 2018 - 2030)
Windscreen
Sidelite
Backlite
Others
Automotive Glazing End Use Outlook (Volume, Million Meter Square; Revenue, USD Million, 2018 - 2030)
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Automotive Glazing Regional Outlook (Volume, Million Meter Square; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
India
Japan
Latin America
Brazil
Middle East and Africa (MEA)
South Africa
List of Key Players of Automotive Glazing Market
Central Glass Co., Ltd.
Corning Incorporated
Fuyao Group
KRD Sicherheitstechnik GmbH
Mitsubishi Electric Corporation
Pilkington (Nippon Sheet Glass Co., Ltd.)
SABIC
Saint-Gobain Sekurit
SCHOTT
Trinseo
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