×
Industry Reports Services Press Release
  •   Blogs
  • Contact us About us

    Asia Pacific Automotive Glass Market Forecast 2027 By Application (Sidelite, Backlite, Windscreen), By Product (Laminated, Tempered), By End-use (OEM, Aftermarket), By Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: October 2021   |   Report ID: GR1976   |   Delivery: PDF  Request Free Sample

    Asia Pacific Automotive Glass Market size crossed USD 3,456 million in 2020 and is projected to showcase more than 7.1% CAGR from 2021 to 2027. The growing number of four-wheelers including passenger & commercial vehicles will drive the industry revenue.

    Asia Pacific Automotive Glass Market Value

    Get more details on this report - Request Free Sample PDF

    Asia Pacific contributes a major share to the global automotive glass market owing to the higher potential to consume automotive glasses for commercial & passenger vehicles. The ongoing trend of electric cars in several emerging economies including India is providing huge growth opportunities to the Asia Pacific market.

    The coronavirus emergency has led to the momentary closure of automotive businesses around the world, lowering the prospects of automotive glass manufacturers; however, the demand rising from the nascent but fast-growing electric vehicle sector will result in a fast recovery over the near future. Advances in the automotive glass sector are continuously aimed at improving the material vigor of the product. Innovative & smart products, with a better consumer approach, are expected to fuel the market expansion post-COVID-19 period.

    Asia Pacific Market, By Vehicle

    Asia Pacific Automotive Glass Market, By Vehicle

    Get more details on this report - Request Free Sample PDF

    The passenger cars segment is poised to expand at 7.4% CAGR through 2027. Higher strength in glass enables better safety, while weight reduction improves fuel efficiency. This quality is quickly gaining ground among premium and sports car manufacturers. Automotive glass products are gaining importance for lavish style, and high-end car manufacturers have strategically experimented with the complete glass roof. Increasing safety concerns due to accidents and rising consumer priorities in the application of glass in passengers’ cars have created a huge demand in the market.

    Asia Pacific Market, By End-Use

    Asia Pacific Automotive Glass Market Value Share, By End-Use

    Get more details on this report - Request Free Sample PDF

    The OEM segment valuation will reach USD 5 billion in the Asia Pacific automotive glass market by 2027. The OEM end-user segment consumes a significant volume of automotive glass in the Asia Pacific region. Most of the passenger cars & commercial vehicles are purchased with attached automotive glass. Also, the rate of replacement and repurchase of such automotive glasses is low.

    Asia Pacific Market, By Application

    The windscreen applications segment will record 7% growth rate during the forecast period. The automotive glass in the windscreen plays a crucial role as it is regularly used and is an integral part of both passenger & car safety. Windscreen holds a major share among the application segment owing to a decent price coupled with crucial functionalities while driving.

    Competitive Industry Landscape

    The prominent participants in the Asia Pacific automotive glass market include Asahi Glass, Fuyao Glass Industry Group, Samvardhana Motherson, Xinyi Glass, Nippon Sheet Glass, Saint-Gobain, Guardian Industries Ltd., and AGC, Inc. Industry players are undergoing mergers & acquisitions to strengthen their market share. This strategy also enables manufacturers to expand their customer base and regional presence.
     


    Frequently Asked Question(FAQ) :

    How much is the Asia Pacific automotive glass market worth?
    The market size for automotive glass in Asia Pacific was surpassed USD 3,456 million in 2020 and is anticipated to expand at a CAGR of 7.1% between 2021 and 2027 driven by the soaring number of four-wheelers including passenger & commercial vehicles.
    What is the value of the automotive glass in Asia Pacific market from passenger cars?
    The market revenue from passenger cars will grow at a CAGR of 7.4% from 2021 to 2027 owing to increasing consumer priorities in glass application and rising safety concerns due to accidents.
    How will the Asia Pacific automotive glass industry fare from windscreen application?
    The industry share from windscreen application will depict a growth rate of 7% through 2027 given the decent price and vital functionalities of windscreen while driving.
    Why is the automotive glass in Asia Pacific market size from OEMs rising?
    The market value from OEMs is set to exceed USD 5 billion up to 2027 as most of the commercial vehicles & passenger cars are purchased with attached automotive glass.
    Who are leading providers of automotive glass in the APAC?
    Major companies in the market comprise Fuyao Glass Industry Group, Nippon Sheet Glass, Samvardhana Motherson, Asahi Glass, Xinyi Glass, AGC, Inc., Guardian Industries Ltd., and others.

    Get this research report on Asia Pacific Automotive Glass Market customized according to your business requirements.

    report-purchase - logo Buy Now

    Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team

      (+1)-208-273-9852

     [email protected]