Automotive Glazing Market

Global Automotive Glazing Market Size

The global automotive glazing market was valued at USD 11.76 billion in 2024 and is anticipated to reach USD 12.57 billion in 2025 from USD 21.39 billion by 2033, growing at a CAGR of 6.87% during the forecast period from 2025 to 2033.

Glass glazing can be characterized as the application of an impermeable covering of cutting-edge material to the glass surface. Coating changes the shading and surface of the glass. It is broadly utilized in-vehicle applications for imparting improved properties, for example, improved climate ststabilityeffimpactnd erosion resistance, combined with better mechanical quality than glass parts.

The worldwide vehicle glazing market is set to develop at a better-than-average pace over the following years because of the expanding premium being set on driving comfort in automobiles by both purchasers and producers. Makers of vehicle coatings should concentrate on glazing frameworks that improve permeability through the glass whialsoise expanding the eco-friendliness of the vehicle. Players in the vehicle glazing market are concentrating on the R&D of items that are economical and are likely to boost their profits in the forecast period.

MARKET DRIVERS

The global automotive glazing market is growing quickly, as this element is lightweight and has unrivaled thermal and embellishment attributes. The accessibility of different money-related choices has supported the demand for vehicles and, thus, is driving the development of the vehicle glazing business. Ascend, in the interest of providing a stylish appearance and upgraded permeability and visual solace, is inciting the selection of different glazing innovations, for example, hydrophobic, sun control, and switchable, in the way of the automotive glazing market. The increase in fold-over windshields and the increment in coating surface area are evaluated to drive the vehicle glazing industry. The rising pattern of sunroofs and quarter glass is anticipated to support the interest in vehicle coating in the future.

MARKET RESTRAINTS

The cost of polycarbonate sheets and the cost of setting up such covered offices add to the general expense of the polycarbonate coating, consequently limiting its mass appropriation. Polycarbonates contract and extend more than glass, and turn yellow and foggy, which is hampering their application as windshields and limiting the development of the global automobile glazing market.

COVID-19 Impact Market

The Coronavirus pandemic has resulted in the temporary shutdown of manufacturing units and sales channels, resulting in huge losses in the automotive sector. This had a direct effect on the automotive glazing market, and it registered equal losses during this period. With the relaxation of lockdown conditions, operations have resumed normalcy, and it is predicted that the industry will reach its previous level within a short time.

REPORT COVERAGE

SEGMENT ANALYSIS

By Application Insights

Developing an interest in improved security against the powers of nature and frontal impact cases of mishaps is driving the interest in front windshields. In this manner, the front windshield section rose as the dominating portion with USD 8.12 billion in income in 2017. Rising customer inclination for vehicles with preinstalled sunroofs is foreseen to drive the sunroof section to develop at a CAGR of 8.97% over the conjecture time frame.

By Product Insights

The development of interest in laminated glass can be credited to the creative assembling process utilizing a sandwich polyvinyl butyral (PVB) interlayer. In addition, the capacity of the glass to remain flawless in case of an accident further extends the section share. Attributable to its broad use in the manufacture of windshields because of its high impact resistance and improved security properties, the laminated glass portion rose as the pioneer in the worldwide automotive glazing market with USD 11.08 billion income in 2017. The polycarbonate fragment is anticipated to advance at the most noteworthy CAGR of 6.89% over the estimated time frame. Properties of polycarbonate glass, for example, high impact resistance and heat opresistanceare expected to be the driving variables for this expanded development rate.

By End-Use Insights

Expanding worldwide interest in passenger vehicles with cutting-edge security features has driven the passenger vehicle segment development as the pioneer with USD 17.20 billion income in 2017. Inferable from the developing usage of polycarbonate glass for diminishing the general load of the vehicle, the heavy commercial vehicle portion is anticipated to develop at a consistent pace over the estimated time frame.

REGIONAL ANALYSIS

North America is expected to develop at a moderate rate, with LCV going to be the fastest-growing section. The locale is the biggest LCV-producing business sector, and this pattern is foreseen to continue in the estimated time frame, affecting the market pattern on a positive note. Germany was the most critical market in Europe and created more than 5,746,800 vehicles in 2016, which legitimately affected the interest in the coating. The popularity of inventive glazing frameworks by European makers to deliver stylishly engaging, extravagant vehicles reemphasizes the force of manufacturers putting resources into R&D to improve their product design and quality. Asia Pacific will represent a crucial portion of the automotive glazing industry. This can be credited to the presence of different car producers over the area, specializing in designing a wide range of vehicles over various segments, including hatchbacks, SUVs, cars, hybrids, and MUVs, among others. Additionally, nations including China, Japan, and India represent a huge market for in-vehicle deals yearly. For example, as per the OICA, the nations represented new passenger vehicle deals of in excess of 32 million in 2019. The business in Brazil was at USD 937.4 million in 2016 and is estimated to grow at a CAGR of 2.3% from 2020 to 2025. Expanding speculations by the universal organizations, including Renault-Nissan, Toyota, and Group PS, A manufacturing expansion in the locale is expected to drive the business development.

KEY MARKET PLAYERS

Pilkington, SABIC, Saint Gobain, AGC, Guardian Industries Corp., Corning, Xinyi Glass. These market players dominate the global automotive glazing market.

RECENT HAPPENINGS IN THE MARKET

• An Ontario-based windshield producer, Pilkington Glass, is planning to spend $4.3 million on development to expand manufacturing by about 50 percent.
• SABIC, a worldwide innovator in the chemical business, presented at NPE 2018, corner S19001, LEXAN™ MARGARD™ FHC10 sheet, the most recent expansion to the organization's expanding vehicle glazing portfolio.
• SABIC Innovative Plastics reported new scratch and scraped spot assessment capacities, including new strategies and procedures to separate, measure, test, and forestall surface harm to polycarbonate (PC) coating for elite vehicle coating applications.
• Saint-Gobain Sekurit and Corning Incorporated (NYSE: GLW) reported that they have consented to an arrangement to set up a selective joint venture, similarly claimed by Saint-Gobain and Corning, to create, produce, and sell lightweight vehicle glazing solutions.

MARKET SEGMENTATION

This research report on the global automotive glazing market is segmented and sub-segmented based on application, product, a nd end-user.

By Application

• Front Windshield
• Rear Windshield
• Sidelites
• Sunroof

By Product

• Laminated Glass
• Tempered Glass
• Polycarbonate

By End-Use

• Passenger Cars
• LCV
• HCV

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa