According to study, “Global Automotive Polycarbonate
Glazing Market- Technologies, Market share and Industry Forecast to 2024”
some of the major companies that are currently working in the global automotive
polycarbonate glazing market are Chi Mei Corp., Covestro AG, Engle Machinery
Inc., Freeglass GMBH & CO. Ltd, Idemitsu Kosan Co. Ltd, KRD
Sicherheitstechnik GMBH, Mitsubishi Chemical Corporation, SABIC, Sumtomo
Chemical Asia, Teijin Ltd., Trinseo S.A., Webasto SE.
Polycarbonates are plastics that contain
the chemical carbonate group. They are used in plastic lens in eyewear, CDs,
DVDs, medical devices, and exterior lighting fixtures among others. Polycarbonate
materials are also used in glazing or window installation in the automotive
sector. They have the property to cool and re-heat without material
degradation. They help in good design, better shape and styling of automobile
windows. Polycarbonate glazing is useful in reducing weight of electric
vehicles, which helps in improving the fuel efficiency and reduce vehicular
emission. Some of the major features are include transparency, flexibility and high
thermal resistance.
On the basis of vehicle, the
global automotive polycarbonate glazing market is segmented into passenger car,
high commercial vehicles and light commercial vehicles. On the basis of
application, the market is segmented into sidelite, backlite, front windshield,
rear windshield, large windscreen, hydrophobic glazing, head-up display, switchable
glazing, sunroof and lighting. On the basis of advanced application, the market
is segmented into head-up display, large windscreen switchable glazing, sun
control glazing and global hydrophobic glazing. In addition, on the basis of
product type, the market is segmented into laminated glass, tempered glass and
polycarbonate etc.
The primary driver for the wide
adoption of polycarbonate in the automotive glazing is the need to comply with
strict carbon emissions regulations pertaining to automotive industry coupled
with increased design freedom rendered by the polycarbonate materials. Some of
the other driving factors are rise in the automotive sales, demand for
lightweight glazing materials, growing demand for sunroofs in cars and advancement
in automotive designs. Highcost of polycarbonate glazing and strict government
regulations has led increase in the usage of polycarbonate in the windshields which
have impeded the growth of the automotive polycarbonate glazing market.
The various regulations pertaining
to the product include Federal Motor Vehicle Safety Standards (FMVSS) 11, UN
Regulation R43, FMVSS 219, FMVSS 212 and FMVSS 214: which specify flatness, thickness,
size, curvature, and fabrication details to be covered during automobile
glazing.
Some of the other benefits are better
thermal strength, easy to shape property and high impact resistance than glass
irrespective of its weight. Additionally, some of the major disadvantages are
lower rigidity, scratch, high thermal expansion, abrasion and weathering resistance
etc.
Asia Pacific is the leading region
of the global automotive polycarbonate glazing market followed by Europe, which
is primarily driven by increasing interest of the original equipment
manufacturers and high vehicle production. In addition, As per to International
Organization of Motor Vehicle Manufacturers (OICA), Asia Pacific accounted for
over 54% share in the global vehicle production that heavily influences the
automotive polycarbonate glazing market in the Asia Pacific.
In the upcoming years, automobile
giants such as BMW AG, Volvo Car Corp.and Daimler AG have plans to boost
production of electric vehicles.It is estimated that global automotive polycarbonate
glazing market will be reached around US$ 1,770.5 million by 2025.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
