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iCrowdNewswire Jan 15, 2021 11:00 AM ET

Expansion of the Automotive Sector Forecasted to Increase the Demand for the Global Glazing for Automotive Market


Expansion of the Automotive Sector Forecasted to Increase the Demand for the Global Glazing for Automotive Market

iCrowd Newswire - Jan 15, 2021

The global gazing for automotive market is projected to grow at a massive pace over the forecast period. The market is expected to rise due to an expanding automotive industry. The expansion of the automotive sector leads to the increasing demand for safety, security, and comfort while driving the vehicle and offers opportunity to fulfill the same. Additionally, the growing popularity of cars with sunroof systems is anticipated to positively influence the global market.

Aside from these, the global market is also expected to grow due to numerous other reasons. Market Research Future (MRFR) reports some of them in its recently released statement. Technological advancements in regard to the use od new raw materials like polycarbonate and the replacement of traditional glass are anticipated to strongly ignite the growth of the market. The advanced glazing for automotive even offers significant results like high performance and superior appearance for the customers. The advantages offered by these advanced glazing process also strikingly contributes to the overall growth of the market. It helps in curbing down carbon dioxide emissions and keeps the environment safe, clean, and healthy unlike other alternatives. Add to this, an influx of new trends in automobiles has propelled the global market forward and opened new opportunities for the future. It is stated by MRFR that the global glazing for automotive market will garner a notable CAGR percentage over the forecast period between 2017 and 2023.

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On the other side of the coin, factors like the high cost associated with the process and several regulations imposed by the government and other institutions prohibiting the use of polycarbonate are expected to be a major constrain to the global market over the forecast period.

Regional Analysis

The global glazing for automotive market is regionally distributed among the following regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW).

The glazing for automotive market, as mentioned above, is expected to grow at rapid pace over the forecast period. Much of the growth of the global market can be attributed to Asia Pacific. The region heads the global charts with the largest share of the market and is expected to maintain its stronghold over the market in the coming years as well. This is due to the high production rate of vehicles therein and the growing demand for sunroof.

Another key region in the global glazing for automotive market landscape is North America. The region holds the second largest position globally in terms of market share and is anticipated to grow at a significant pace over the forecast period. This is due to the fast-paced adoption of new technologies and the rapid scale usage of advanced automotive requirements.

Market Segmentation

The global glazing for automotive market segmentation is broken down in terms of vehicle type, application, and advanced application.

By application, the market segments into sunroof, backlight, sidelite, and lightening.

By vehicle type, the market divides into off-highway vehicles and on-highway vehicles.

By advanced application, the market includes sun control, large wide-screen, HUD, and hydrophobic glazing.

Competitive Landscape

A considerable number of players operate in the global glazing for automotive sector. Some of the identified names by MRFR are as follows: Guardian Industries Corporation, Pilkington Group Limited, Asahi Glass Co Ltd., Research Frontiers, Central Glass Co. Ltd., American Glass Products, NordGlass, Fuyao Glass Industry Group Co. Ltd, Nippon Sheet Glass Company Ltd., Pittsburgh Glass Works, LLC, and others. The players bring forward new developments and innovation to edge past their competitors and establish their name in the global landscape.

May 31st, June, Sabic made an announcement concerning the introduction of a new polycarbonate sheet material to its ever-expanding automotive glazing portfolio. Named as Lexan Margard FHC10, it is engineered to go in accordance to the strict requirements of ECE R43.

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Key Questions Addressed by the Report

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com

Browse Complete Report – https://www.marketresearchfuture.com/reports/glazing-automotive-market-2283

Contact Information:

+1646 845 9312






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