Research Report On Automotive Glass Market From 2022 To 2027
Apr 25, 2022
According to the latest report of IMARC group entitled "industry trend, share, scale, growth, opportunities and forecast of global automotive glass market from 2022 to 2027", the value of global automotive glass market has reached US $16.2 billion in 2021. Looking ahead, IMARC Group expects the market to reach US $22.7 billion by 2027, with a CAGR of 5.8% from 2022 to 2027.
The automotive glass market is mainly driven by the significant growth of automotive sales. Rapid urbanization, increased spending power and improved living standards for the majority of the world's population, especially in developing economies, have increased demand for cars. At the same time, due to the implementation of strict environmental regulations, the utilization rate of hybrid and electric vehicles is rising, which also increases the demand for automotive glass. The increasing popularity of luxury cars among the urban population is also another major growth inducer.
In addition, the growing demand for advanced models with enhanced functions such as improved resistance and sunroof glass is conducive to the growth of the automotive glass market.
The main enterprises in the automotive glass industry are:
AGC Inc.、Corning Incorporated、Fuyao Glass Industry Group Co., Ltd.、Gentex Corporation、Hitachi Chemical Co., Ltd.、Magna International Inc.、Nippon Sheet Glass Co., Ltd、PGW Auto Glass, LLC、Polytronix, Inc.、Saint-Gobain Group、MothersonSumi INfotech & Designs Ltd (MIND)、Webasto SE.
