Automotive Glass Market

Rapid technological advancements will spur the market revenue growth.

The global automotive glass market was valued at US$ 14.70 Bn in 2018 and is anticipated to grow to US$ 25.22 Bn at a CAGR of 6.3% throughout the forecast period from 2019 to 2027.

Despite the challenging environment, the automotive market posted modest growth during 2018-19. According to a report published by the International Organization of Motor Vehicle Manufacturers (OICA), the global automotive vehicle sales were 95,055,937 units globally. Thus driving the growth of the automotive glass market. In addition, factors, including the rapid development of infrastructure and support from fiscal stimuli, among others, are further fueling the market growth.

The sales of automotive will be affected by technical advancements in-vehicle connectivity and the integration of safety systems for self-driving cars. Furthermore, rapid technological advancements have helped in improvising vehicle designs, including cross-curvature windows, sweeping roofline glass, and asymmetric shapes. In addition, there is a positive impact on consumers due to increased usage of telematics in vehicles and a shift in consumer preference towards superior comfort vehicles influencing the market growth.

Product Analysis

Laminated glass segment to register maximum growth during the forecast period.

Based on product, tempered glass was the largest market segment and accounted for over 50% of the revenue share of the total market revenue. This can be attributed to factors including reduced cost, easy manufacturing, and high demand for the product in both commercials and passenger vehicles. In addition, the benefits offered by it, including durability and utility in the automotive industry, among others, are expected to drive market growth.

In contrast, the laminated glass segment is anticipated to register the fastest growth throughout the forecast period. Owing to the increased usage of laminated glass in the windshield, better visibility, and enhanced safety, among others. In addition, increasing demand for premium features in automotive vehicles is anticipated to facilitate R&D and product development in this segment. Thus boosting the demand of the automotive glass market.

End-use Analysis

“OEM segment expected to be dominant during the forecast period.”

Based on end-use, the global automotive glass market is segmented into OEM (Original Equipment Manufacturers) and ARG (Aftersales Replacement Glass). The OEM segment leads the market in revenue share and accounts for more than 80% of the market revenue. This can be associated with the increasing sales of vehicles globally and technological advancements for enhancing safety solutions. Thus bolstering the growth of the market.

The ARG segment is expected to grow at a modest CAGR during the forecast years. Other factors include low installation cost than OEM, poor installation, accidents, and temperature changes, among others. Thus driving the growth of the automotive glass market in this segment.

Regional Analysis

Increasing sales in developing regions to bolster the growth in the Asia Pacific region

In 2018, Asia Pacific appeared as the market leader and contributed more than 30% to the market revenue of the global automotive glass market. Asia Pacific region is projected to remain dominant throughout the forecast period, trailed by Europe. This is due to rapidly developing infrastructure and increased production and sales in the countries, including China and India. Thereby fuelling the market growth of the automotive glass market. For example, according to a report published by OICA, sales in India increased to 4,400,136 units in 2018 from 4,059,455 units in 2017.

On the contrary, the Latin America region is set to register the fastest growth throughout the forecast period. Owing to growing urbanization and expanding automotive industry in the region, among others. For instance, the sales of automotive in Brazil increased from 2,172,738 units in 2017 to 2,468,434 in 2018. In addition, Europe appeared as the second largest revenue-contributing region in the global automotive glass market, with a share of more than 20%.

List of Companies Covered:

• Asahi Glass Co. Ltd.
• Fuyao Group
• Nippon Sheet Glass Co.
• Corning Incorporated.
• Saint-Gobain S.A.
• Guardian Industries Corp.
• Xinyi Glass Holdings Ltd.
• Duration Glass Industries Pvt. Ltd.
• CSG Holding Ltd.
• China Glass Holdings Ltd.
• Central Glass Co. Ltd.

Key Industry Development:

• In December 2017, Xinyi Glass Co. established its new production facility in North America with an investment of more than US$ 350 million. This facility will be used to manufacture float glass for the North American region.
• In 2018, Fuyao Group registered a sales volume of 117.66 million square meters of automotive glass with a growth rate of 4.46% year on year in terms of volume sales.

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027, considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.

Segmentation Product Segment (2017–2027; US$ Bn)

• Laminated
• Tempered

 Application Segment (2017–2027; US$ Bn)

• Windshield
• Sunroof
• Rear-view mirrors
• Others (Sidelite, Backlite, etc.)

 Vehicle Type Segment (2017–2027; US$ Bn)

• Passenger Vehicles
• Commercial Vehicles

 End-use Segment (2017–2027; US$ Bn)

• OEM
• ARG

 Geography Segment (2017–2027; US$ Bn)

• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, Russia, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall automotive glass market. The global report also represents the competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Product Type
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Automotive Glass (AG) Market
2.2. Global AG Market, by Product Type, 2018 (US$ Bn)
2.3. Global AG Market, by Application, 2018 (US$ Bn)
2.4. Global AG Market, by Vehicle Type, 2018 (US$ Bn)
2.5. Global AG Market, by End-use, 2018 (US$ Bn)
2.6. Global AG Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global AG Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Automotive Glass (AG) Market, by Product Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Laminated
4.3. Tempered

5. Global Automotive Glass (AG) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Windshield
5.3. Sunroof
5.4. Rear-view mirrors
5.5. Others (Sidelite, Backlite, etc.)

6. Global Automotive Glass (AG) Market, by Vehicle Type, 2017-2027 (US$ Bn)
6.1. Overview
6.2. Passenger Vehicles
6.3. Commercial Vehicles

7. Global Automotive Glass (AG) Market, by End-use, 2017-2027 (US$ Bn)
7.1. Overview
7.2. OEM
7.3. ARG

8. North America Automotive Glass (AG) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. North America AG Market Value and Growth, 2017-2027, (US$ Bn)
8.2. North America AG Market Value, By Product Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America AG Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America AG Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America AG Market Value, By End-use, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America AG Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America

9. Europe Automotive Glass (AG) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Europe AG Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Europe AG Market Value, By Product Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe AG Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe AG Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe AG Market Value, By End-use, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe AG Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe

10. Asia Pacific Automotive Glass (AG) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific AG Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Asia Pacific AG Market Value, By Product Type, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific AG Market Value, By Application, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific AG Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific AG Market Value, By End-use, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific AG Market Value, By Region/Country, 2017-2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific

11. Rest of the World Automotive Glass (AG) Market Analysis, 2017-2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World AG Market Value and Growth, 2017-2027, (US$ Bn)
11.2. Rest of the World AG Market Value, By Product Type, 2017-2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World AG Market Value, By Application, 2017-2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World AG Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World AG Market Value, By End-use, 2017-2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World AG Market Value, By Region, 2017-2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America

12. Company Profiles
12.1. Asahi Glass Co. Ltd.
12.2. Fuyao Group
12.3. Nippon Sheet Glass Co.
12.4. Corning Incorporated.
12.5. Saint-Gobain S.A.
12.6. Guardian Industries Corp.
12.7. Xinyi Glass Holdings Ltd.
12.8. Duratuf Glass Industries Pvt. Ltd.
12.9. CSG Holding Ltd.
12.10. China Glass Holdings Ltd.
12.11. Central Glass Co. Ltd.

List of Figures

FIG. 1 Global Automotive Glass (AG) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global AG Market Segmentation
FIG. 4 Global AG Market, by Product Type, 2018 (US$ Bn)
FIG. 5 Global AG Market, by Application, 2018 (US$ Bn)
FIG. 6 Global AG Market, by Vehicle Type, 2018 (US$ Bn)
FIG. 7 Global AG Market, by End-use, 2018 (US$ Bn)
FIG. 8 Global AG Market, by Geography, 2018 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key AG Market Vendors, 2018
FIG. 11 Global AG Market, by Product Type, 2017–2027 (US$ Bn)
FIG. 12 Global AG Market, by Laminated, Value, 2017–2027 (US$ Bn)
FIG. 13 Global AG Market, by Tempered, Value, 2017–2027 (US$ Bn)
FIG. 14 Global AG Market, by Application, 2017–2027 (US$ Bn)
FIG. 15 Global AG Market, by Windshield, Value, 2017–2027 (US$ Bn)
FIG. 16 Global AG Market, by Sunroof, Value, 2017–2027 (US$ Bn)
FIG. 17 Global AG Market, by Rear-view mirrors, Value, 2017–2027 (US$ Bn)
FIG. 18 Global AG Market, by Others (Sidelite,Backlite,etc.), Value, 2017–2027 (US$ Bn)
FIG. 19 Global AG Market, by Vehicle Type, Value, 2017–2027 (US$ Bn)
FIG. 20 Global AG Market, by Commercial Vehicles, Value, 2017–2027 (US$ Bn)
FIG. 21 Global AG Market, by Passenger Vehicles, Value, 2017–2027 (US$ Bn)
FIG. 22 Global AG Market, by End-use, Value, 2017–2027 (US$ Bn)
FIG. 23 Global AG Market, by OEM, 2017–2027 (US$ Bn)
FIG. 24 Global AG Market, by ARG, Value, 2017–2027 (US$ Bn)
FIG. 25 U.S. AG Market, 2017–2027 (US$ Bn)
FIG. 26 Rest of North America AG Market, 2017–2027 (US$ Bn)
FIG. 27 U.K. AG Market, 2017–2027 (US$ Bn)
FIG. 28 Germany AG Market, 2017–2027 (US$ Bn)
FIG. 29 France AG Market, 2017–2027 (US$ Bn)
FIG. 30 Italy AG Market, 2017–2027 (US$ Bn)
FIG. 31 Rest of Europe AG Market, 2017–2027 (US$ Bn)
FIG. 32 Japan AG Market, 2017–2027 (US$ Bn)
FIG. 33 China AG Market, 2017–2027 (US$ Bn)
FIG. 34 India AG Market, 2017–2027 (US$ Bn)
FIG. 35 Rest of Asia Pacific AG Market, 2017–2027 (US$ Bn)
FIG. 36 Middle East & Africa AG Market, 2017–2027 (US$ Bn)
FIG. 37 Latin America AG Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Automotive Glass (AG) Market
TABLE 2 Global AG Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 3 Global AG Market, by Application, 2017–2027 (US$ Bn)
TABLE 4 Global AG Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 5 Global AG Market, by End-use, 2017–2027 (US$ Bn)
TABLE 6 Global AG Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America AG Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 8 North America AG Market, by Application, 2017–2027 (US$ Bn)
TABLE 9 North America AG Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 10 North America AG Market, by End-use, 2017–2027 (US$ Bn)
TABLE 11 North America AG Market, by Country, 2017–2027 (US$ Bn)
TABLE 12 Europe AG Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 13 Europe AG Market, by Application, 2017–2027 (US$ Bn)
TABLE 14 Europe AG Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 15 Europe AG Market, by End-use, 2017–2027 (US$ Bn)
TABLE 16 Europe AG Market, by Country, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific AG Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 18 Asia Pacific AG Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 19 Asia Pacific AG Market, by Application, 2017–2027 (US$ Bn)
TABLE 20 Asia Pacific AG Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 21 Asia Pacific AG Market, by End-use, 2017–2027 (US$ Bn)
TABLE 22 Asia Pacific AG Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 23 RoW AG Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 24 RoW AG Market, by Application, 2017–2027 (US$ Bn)
TABLE 25 RoW AG Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 26 RoW AG Market, by End-use, 2017–2027 (US$ Bn)
TABLE 27 RoW AG Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 28 Asahi Glass Co. Ltd..: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 29 Fuyao Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 30 Nippon Sheets Glass Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 31 Corning Incorporated.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 32 Saint-Gobain S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 33 Guardian Industries Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 34 Xinyi Glass Holdings Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 35 Duratuf Glass Industries Pvt. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 36 CSG Holding Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 37 China Glass Holdings Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 38 Central Glass Co. Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)