Regional Players Dominate the Automotive Glass Market, Despite the Presence of ~100 Competitors Comprising a Significant Number of Global and Country-Niche Players, finds a recent market study on the Global Automotive Glass Market by Ken Research
Automobile glass is commonly referred to as Laminated Glass or tampered glass. Laminated glass is manufactured by fusing a thin layer of polyvinyl butyral with two solid glass layers. Tempered glass is made by heating glass and then rapidly cooling it to room temperature to increase its tensile and compressive strength. Tempered glass is most commonly used for car windows, sunroofs, backsides, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
1. Global Players Constitute ~20% of the Total Number of Competitors, While Regional Players Represent ~45% of Total Competitors by Type
Competitive Analysis by the research study found that the global automotive glass market is significantly competitive with ~100 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing of automotive glass to OEMs or aftermarket. The large global players even though comprise ~20% in terms of the number of companies, hold a majority portion of the market revenue share followed by regional players which account for significant market revenue. Most of the players are having their headquarters in the Asia Pacific region.
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2. Majority Number of Players are Specialist, Manufacturing a Wide Array of Products in the Global Automotive Glass Market.
Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of automotive glass product products catering to various applications such as windshields, backlite, sidelite, sunroofs, and others. All leading competitors have a strong presence in the global automotive glass market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand of end-users.
- In September 2020, FUYAO Glass announced an expansion of US$ 45 million for a new automotive glass plant in Montgomery, Ohio.
- In July 2019, Corning Incorporated announced the opening of a new automotive glass solutions facility in the Hefei Xinzhan Hi-Tech Industrial Development Zone in Anhui province, China.
Government Initiatives & Programs To Encourage the Expansion of the Global Automotive Glass Market
- According Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce, stated that, in September 2021, the Indian government issued a notification regarding a PLI (Production Linked Scheme) for automobile and auto components worth US$ 3.49 billion.
In May 2020, The French Government announced, a US$ 8.8 billion aid package to help the auto industry recover from the COVID-19 crisis, including increased incentives for new electric vehicles.
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Key Topics Covered in the Report
- Snapshot of the Global Automotive Glass Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Automotive Glass Market
- Historic Growth of the Overall Global Automotive Glass Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Automotive Glass Industry
- Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
- COVID-19 Impact on the Overall Global Automotive Glass Market
- Future Market Forecast and Growth Rates of the Total Global Automotive Glass Market and by Segments
- Market Size of Vehicle Type/Application Segments with Historical CAGR and Future Forecasts
- Analysis of the Global Automotive Glass Market
- Major Production/Supply and Consumption/Demand Hubs in Each Major Region
- Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Continent
Major Players Mentioned in the Report
- FUYAO Glass Industries Co., Ltd.
- Nippon Sheet Glass Co., Ltd
- Saint-Gobain
- Xinyi Glass Holdings Limited
- AGC Inc.
- Central Glass Co., Ltd.
- Corning Incorporated
- Guardian Industries Holdings
- Sisecam
- Webasto Group
Notable Emerging Companies Mentioned in the Report
- Magnum Tuff India Private Limited
- Glavista
- Speedy Autoglass
- Mobss Windshield Pvt. Ltd.
- Vehicle Glass Company Ltd.
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Automotive Glass Manufacturing Companies
- Soda Ash Suppliers
- Silica and Sand Suppliers
- Government & Regulatory Authorities
- Automotive Research Institutes
- Investors in Automotive Industry
- Smart Glass Manufacturers
- Automotive OEMs
- Start-ups & Incumbents in Automotive Electronics
- Automotive Testing & Inspection Companies
- Company Research and Development Institutes
- Market Research & Consulting Firms
- Banking and Financial Service Providers
- Investment Banks Targeting Automotive Component Industry
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022-2028F
For More Information on the Research Report, refer to below links: –
Global Automotive Glass Market: Ken Research
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