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Automotive Glass Market Size Worth $21.72 Billion by 2025 | CAGR: 5.7%: Grand View Research, Inc.

Post Time:Apr 22,2019Classify:Industry NewsView:990

The global automotive glass market size is anticipated to reach USD 21.72 billion by 2025 expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing automobile production across the globe on account of technological advancements and rising disposable income levels, especially in emerging countries like China and India will augment the product demand over the forecast period.

Sunroof is anticipated to be the fastest-growing application segment over the forecast period due to increasing integration of sunroof systems in mid-segment cars. Central & South America is forecasted to register the fastest CAGR of 7.4% from 2019 to 2025 due to increasing vehicle production in the region.

Compagnie de Saint-Gobain S.A.; Asahi Glass Co. Ltd.; Fuyao Glass Industry Group Co., Ltd.; Nippon Sheet Glass Company, Ltd. (NSG); and Corning Inc. are some of the key companies in the market

Grand View Research has segmented the global automotive glass market on the basis of product, application, end use, vehicle type, and region:

Automotive Glass Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

- Tempered

- Laminated

- Others

Automotive Glass Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

- Windscreen

- Backlite

- Sidelite

- Sunroof

Automotive Glass End Use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

- Original Equipment Manufacturer (OEM)

- Aftermarket Replacement (ARG)

Automotive Glass Vehicle Type Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

- Passenger Car

- Light Commercial Vehicles (LCVs)

- Heavy Commercial Vehicles (HCVs)

Ambulatory Services Regional Outlook (Revenue, USD Million, 2015 - 2026)

- North America

- U.S.

- Canada

- Europe

- Germany

- U.K.

- Spain

- France

- Italy

- Switzerland

- Netherlands

- Belgium

Asia Pacific

- Japan

- China

- India

- South Korea

- Australia

- Thailand

Latin America

- Brazil

- Mexico

- Colombia

MEA  

- South Africa

- Saudi Arabia

- United Arab Emirates


Source: prnewswire.comAuthor: Shangyi

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