The automotive glazing market size has grown strongly in recent years. It will grow from $20.08 billion in 2023 to $21.46 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth during the historic period can be attributed to several factors, including a focus on reducing vehicle weight to enhance fuel efficiency, rising consumer demand for vehicles, heightened emphasis on acoustic comfort within vehicles, increased awareness of the detrimental effects of UV radiation, and growing environmental awareness.
The automotive glazing market size is expected to see strong growth in the next few years. It will grow to $28.14 billion in 2028 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to rapid urbanization, expansion of the automotive aftermarket, increasing demand for luxury and premium vehicles, globalization of automotive production, and the rise of electric and hybrid vehicles. Major trends expected in this period include the adoption of stringent safety standards and regulations, advancements in glazing technologies, developments in smart glass technologies, infrastructure enhancements, and improvements in manufacturing processes.
The automotive glazing market is poised for growth, driven by the increasing production of vehicles worldwide. This rise is fueled by substantial investments in vehicle technology, prompted by stringent environmental regulations and growing consumer demand for sustainable transportation options. Automotive glazing plays a pivotal role in enhancing vehicle safety, comfort, and aesthetics through advanced glass technologies. It improves visibility, reduces noise levels, and offers UV protection. For instance, data from the European Automobile Manufacturers Association (ACEA) in May 2023 revealed a global production of 85.4 million motor vehicles in 2022, reflecting a 5.7% increase from the previous year and underscoring the growth trajectory of the automotive glazing market.
Leading companies in the automotive glazing sector are focusing on innovation to maintain a competitive advantage. They are developing cutting-edge products, such as automotive glass with integrated solar power generation capabilities. This technology embeds photovoltaic cells within the glass to convert sunlight into electricity. It enables vehicles to harness solar energy, potentially powering onboard systems or extending the range of electric vehicles. For instance, AGC Automotive Europe S.A., based in Belgium, introduced a photovoltaic panoramic sunroof for passenger vehicles in March 2024. Constructed using glass-glass technology, this sunroof can generate between 170 W and 380 W of power, leveraging high-efficiency solar cells with efficiencies exceeding 25%, such as n-type monocrystalline silicon tunnel oxide passivated (TOPCon), heterojunction (HJT), or n-type back contact (xBC) solar cells.
In September 2021, BASF SE, a German chemical company, partnered with Fuyao Glass Industry Group Co. Ltd. to advance the development of high-quality sealed glass and functional encapsulated glass for vehicles. This collaboration aims to enhance the innovation and sustainability of automotive glass and functional materials. Fuyao Glass Industry Group Co. Ltd., headquartered in China, is renowned for its expertise in glass manufacturing.
Major companies operating in the automotive glazing market are Compagnie de Saint-Gobain S.A., Saudi Basic Industries Corporation, Magna International Inc., Evonik Industries AG, Bayer MaterialScience, PPG Industries Inc., Asahi Glass Corporation, Corning Incorporated, Teijin Limited, Sisecam Automotive Bulgaria EAD, Trinseo PLC, Nippon Sheet Glass Co. Ltd, Fuyao Glass Industry Group Co. Ltd, Guardian Industries, Webasto Thermo & Comfort, Xinyi Glass Holdings Limited, Gentex Corporation, Pilkington Brothers Limited, Vitro SAB de CV, Glaston Corporation, Chi Mei Corporation, Dongguan Benson Automobile Glass Co, KRD Sicherheitstechnik GmbH.
Asia-Pacific was the largest region in the automotive glazing market in 2023. The regions covered in the automotive glazing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive glazing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive glazing refers to the glass used in vehicle windows, including windshields and side windows, which serves to protect the vehicle interior from external elements, reduce energy consumption, and ensure occupant safety. The glass is typically laminated or tempered to enhance strength and safety features, including noise reduction and UV ray protection.
The primary types of automotive glazing include single glazing, double glazing, and triple low-e glazing. Single glazing involves a single pane of glass within the window frame. Materials used for automotive glazing include laminated glass, tempered glass, and polycarbonate (PB), while technologies include sun control glazing, hydrophobic glazing, switchable glazing, and conventional options. Automotive glazing finds applications in various parts of vehicles such as windshields, sidelights, and backlights, and it is distributed through channels including original equipment manufacturers (OEMs) and the aftermarket.
The automotive glazing market research report is one of a series of new reports that provides automotive glazing market statistics, including automotive glazing industry global market size, regional shares, competitors with a automotive glazing market share, detailed automotive glazing market segments, market trends and opportunities, and any further data you may need to thrive in the automotive glazing industry. This automotive glazing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive glazing market consists of sales of polycarbonate rear windshields, laminated rear lighting, tempered sidelines, and sunroofs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive glazing market size is expected to see strong growth in the next few years. It will grow to $28.14 billion in 2028 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to rapid urbanization, expansion of the automotive aftermarket, increasing demand for luxury and premium vehicles, globalization of automotive production, and the rise of electric and hybrid vehicles. Major trends expected in this period include the adoption of stringent safety standards and regulations, advancements in glazing technologies, developments in smart glass technologies, infrastructure enhancements, and improvements in manufacturing processes.
The automotive glazing market is poised for growth, driven by the increasing production of vehicles worldwide. This rise is fueled by substantial investments in vehicle technology, prompted by stringent environmental regulations and growing consumer demand for sustainable transportation options. Automotive glazing plays a pivotal role in enhancing vehicle safety, comfort, and aesthetics through advanced glass technologies. It improves visibility, reduces noise levels, and offers UV protection. For instance, data from the European Automobile Manufacturers Association (ACEA) in May 2023 revealed a global production of 85.4 million motor vehicles in 2022, reflecting a 5.7% increase from the previous year and underscoring the growth trajectory of the automotive glazing market.
Leading companies in the automotive glazing sector are focusing on innovation to maintain a competitive advantage. They are developing cutting-edge products, such as automotive glass with integrated solar power generation capabilities. This technology embeds photovoltaic cells within the glass to convert sunlight into electricity. It enables vehicles to harness solar energy, potentially powering onboard systems or extending the range of electric vehicles. For instance, AGC Automotive Europe S.A., based in Belgium, introduced a photovoltaic panoramic sunroof for passenger vehicles in March 2024. Constructed using glass-glass technology, this sunroof can generate between 170 W and 380 W of power, leveraging high-efficiency solar cells with efficiencies exceeding 25%, such as n-type monocrystalline silicon tunnel oxide passivated (TOPCon), heterojunction (HJT), or n-type back contact (xBC) solar cells.
In September 2021, BASF SE, a German chemical company, partnered with Fuyao Glass Industry Group Co. Ltd. to advance the development of high-quality sealed glass and functional encapsulated glass for vehicles. This collaboration aims to enhance the innovation and sustainability of automotive glass and functional materials. Fuyao Glass Industry Group Co. Ltd., headquartered in China, is renowned for its expertise in glass manufacturing.
Major companies operating in the automotive glazing market are Compagnie de Saint-Gobain S.A., Saudi Basic Industries Corporation, Magna International Inc., Evonik Industries AG, Bayer MaterialScience, PPG Industries Inc., Asahi Glass Corporation, Corning Incorporated, Teijin Limited, Sisecam Automotive Bulgaria EAD, Trinseo PLC, Nippon Sheet Glass Co. Ltd, Fuyao Glass Industry Group Co. Ltd, Guardian Industries, Webasto Thermo & Comfort, Xinyi Glass Holdings Limited, Gentex Corporation, Pilkington Brothers Limited, Vitro SAB de CV, Glaston Corporation, Chi Mei Corporation, Dongguan Benson Automobile Glass Co, KRD Sicherheitstechnik GmbH.
Asia-Pacific was the largest region in the automotive glazing market in 2023. The regions covered in the automotive glazing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive glazing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive glazing refers to the glass used in vehicle windows, including windshields and side windows, which serves to protect the vehicle interior from external elements, reduce energy consumption, and ensure occupant safety. The glass is typically laminated or tempered to enhance strength and safety features, including noise reduction and UV ray protection.
The primary types of automotive glazing include single glazing, double glazing, and triple low-e glazing. Single glazing involves a single pane of glass within the window frame. Materials used for automotive glazing include laminated glass, tempered glass, and polycarbonate (PB), while technologies include sun control glazing, hydrophobic glazing, switchable glazing, and conventional options. Automotive glazing finds applications in various parts of vehicles such as windshields, sidelights, and backlights, and it is distributed through channels including original equipment manufacturers (OEMs) and the aftermarket.
The automotive glazing market research report is one of a series of new reports that provides automotive glazing market statistics, including automotive glazing industry global market size, regional shares, competitors with a automotive glazing market share, detailed automotive glazing market segments, market trends and opportunities, and any further data you may need to thrive in the automotive glazing industry. This automotive glazing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive glazing market consists of sales of polycarbonate rear windshields, laminated rear lighting, tempered sidelines, and sunroofs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Glazing Market Characteristics3. Automotive Glazing Market Trends and Strategies32. Global Automotive Glazing Market Competitive Benchmarking33. Global Automotive Glazing Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automotive Glazing Market
4. Automotive Glazing Market - Macro Economic Scenario
5. Global Automotive Glazing Market Size and Growth
6. Automotive Glazing Market Segmentation
7. Automotive Glazing Market Regional and Country Analysis
8. Asia-Pacific Automotive Glazing Market
9. China Automotive Glazing Market
10. India Automotive Glazing Market
11. Japan Automotive Glazing Market
12. Australia Automotive Glazing Market
13. Indonesia Automotive Glazing Market
14. South Korea Automotive Glazing Market
15. Western Europe Automotive Glazing Market
16. UK Automotive Glazing Market
17. Germany Automotive Glazing Market
18. France Automotive Glazing Market
19. Italy Automotive Glazing Market
20. Spain Automotive Glazing Market
21. Eastern Europe Automotive Glazing Market
22. Russia Automotive Glazing Market
23. North America Automotive Glazing Market
24. USA Automotive Glazing Market
25. Canada Automotive Glazing Market
26. South America Automotive Glazing Market
27. Brazil Automotive Glazing Market
28. Middle East Automotive Glazing Market
29. Africa Automotive Glazing Market
30. Automotive Glazing Market Competitive Landscape and Company Profiles
31. Automotive Glazing Market Other Major and Innovative Companies
35. Automotive Glazing Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Automotive Glazing Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive glazing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for automotive glazing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive glazing market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Single Glazing; Double Glazing; Triple Low-E glazing2) By Material: Laminated; Tempered; Polycarbonate (PB)
3) By Technology: Sun Control Glazing; Hydrophobic Glazing; Switchable Glazing; Conventional
4) By Application: Windscreen; Sidelight; Bakelite
5) By Sales Channel: Original Equipment Manufacturers (OEM); Aftermarket
Key Companies Mentioned: Compagnie de Saint-Gobain S.A.; Saudi Basic Industries Corporation; Magna International Inc.; Evonik Industries AG; Bayer MaterialScience
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Compagnie de Saint-Gobain S.A.
- Saudi Basic Industries Corporation
- Magna International Inc.
- Evonik Industries AG
- Bayer MaterialScience
- PPG Industries Inc.
- Asahi Glass Corporation
- Corning Incorporated
- Teijin Limited
- Sisecam Automotive Bulgaria EAD
- Trinseo PLC
- Nippon Sheet Glass Co. Ltd
- Fuyao Glass Industry Group Co. Ltd
- Guardian Industries
- Webasto Thermo & Comfort
- Xinyi Glass Holdings Limited
- Gentex Corporation
- Pilkington Brothers Limited
- Vitro SAB de CV
- Glaston Corporation
- Chi Mei Corporation
- Dongguan Benson Automobile Glass Co
- KRD Sicherheitstechnik GmbH
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 21.46 Billion |
Forecasted Market Value ( USD | $ 28.14 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |