Global Automotive Glass Market is anticipated to witness an exponential growth in the forecast period. Automotive glasses are aesthetically driven parts of a vehicle that shield the passengers against harsh exterior environment such as sun, wind, and rain. Automotive glasses are created in such a way that they provide minimal weight to the vehicle, resist high external forces, and minimalize the strain induced on the vehicle.

The factors that propel the growth of the Automotive Glass Market include rise in the sales and production of the vehicle, augmented demand for progressive glass technologies such as smart embedded glass &glass device, government regulations for vehicle security, and rising disposable income. On the other hand, there are factors that may hamper the growth of the market including high investment cost required to setup a glass plant. Automotive Glass Industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The latest trend gaining attraction in the market is the exponential increase in the acceptance of solar control glasses for vehicles. The key advantage linked to the use of solar control glasses is that it supports in improving the fuel efficiency. The usage of solar control glass helps in keeping the vehicle cooler inside; eventually reducing the need of an air conditioner and making the car fuel effective.

Automotive Glass Industry may be explored by vehicle type, sale channel, glass type, application, and geography. The market may be explored by vehicle type as Heavy Commercial Vehicles, Passenger Vehicles, and Light Commercial Vehicles. The “Passenger Vehicles” segment accounted for major market share of the automotive glass in 2017. The key factor that may attributed to the growth of market includes rise in the disposable income of the consumers.

The Automotive Glass Market could be explored based on sale channel as Aftermarket and Original Equipment Manufacturer (OEM). The “Original Equipment Manufacturers (OEM)” segment accounted for major market share of the automotive glass in 2015. The key factor that may attributed to the growth of market includes rapid developments in the vehicle safety features from the industrial end.

The industry may be analyzed by glass type as Tempered Glass and Laminated Glass. Based on application, the market may be classified as Back Glass, Windshield, Door Glass (Side Window) may further explored as (Vent Glass and Quarter Glass), Moon Roof and Back Glass. The “Windshield” segment led the Automotive Glass Industry in 2015 and is anticipated to maintain its dominance by 2025.

Asia-Pacific accounted for the major share of the Automotive Glass Market in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include availability of cheap & skilled labor and low cost. Asia-Pacific is followed by the North American region owing to surge in the manufacturing of commercial vehicles in the region.

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Some of the key players that fuel the growth of the Automotive Glass Industry comprise Fuyao Glass Industry Group Co., Ltd., Asahi Glass Co., Ltd., Dura Automotive Systems, Xinyi Glass Holdings Ltd., Nippon Sheet Glass Co., Ltd., Central Glass Co., Ltd., Shenzhen Benson Automobile Glass Co., Ltd., LKQ Corporation, Saint-Gobain S.A., Glass Trosch Holding AG, Magna International Inc., Gentex Corporation, Guardian Industries Corporation and Vitro, S.A.B. de C.V. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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The global Fire Resistant Glass Market is estimated to grow at an exponential rate in the years to come. The market was appreciated by US$ 3.02 billion in the year 2015. Growing stress on refining the criteria of fire safety of the housing along with the commercial substructure is projected to take an optimistic influence on the business.

The fire resistant glass is utilized such as smoke and fire blockade because of its obstructive abilities of the transmission and conductive high temperature. They are proficient of offering fire ranking of 20 to 180 minutes. Furthermore, these products comprise numerous fire resistive intermediate coatings. The material utilized in the product comprises wired, hardened, and ceramic glass.

The Fire Resistant Glass market on the source of Type of Application could span Marine, Building & Construction, and Others. The subdivision of Building & Construction is, at present, the biggest application of fire resistant glass. These glasses are utilized in fire-graded doors and windows as they permit safety and unconstrained channel entree for firefighters, release workforces and individuals, for the duration of accidents due to fire. The strict rules about the safety of the structure and guidelines is additional important reason paying to the development of the fire resistant glasses in this section of application.

The Fire Resistant Glass market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Gel Filled, Ceramic, Hardened, Wired, and Laminated. The subdivision of “Laminated” is the biggest category of the market of fire resistant glass. These glasses possess the capability to offer actual varnishing resolutions by way of impression confrontation, and resistivity to smoke and heat. The demand for laminated fire resistant glasses is greater in uses where the resistance to impression and safety from fire are the most important concerns.

The Fire Resistant Glass market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America and Middle East & Africa. By the source of geography, North America was the biggest market, responsible for the international market stake of 33.5% by means of capacity, during the year 2015. The strong existence of fire safety guidelines and criteria about the safety of the structure on the background of increasing stress by the local administration to reduce the damage of asset and make the most about the safety of human, is likely to bring about improved utilization of the product in the area above the period of prediction.

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Asia Pacific and the Middle East Asia are expected to observe important development by means of capacity, corresponding lyon a CAGR of 7.8% and 11.1%. Growing demand for these glasses in Middle East Asia for the development in the fashionable commercial and housing substructure, are expected to motivate the demand above the prediction period.

The statement revises Trades in terms of intake of Fire Resistant Glass in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on the international basis are Schott AG, Compagnie De Saint Gobain, Asahi Glass Co. Ltd., NSG Pilkington, Pyro guard UK Ltd, Fuso Glass India Pvt. Ltd, Technical Glass Products, Prom at International N.V, Nippon Sheet Glass Co. Ltd, and Glass Dynamics Inc. Additional notable companies operating in the field are- SAFTI FIRST Fire Rated Glazing Solutions, Ravens by Glass Co. Ltd, and Nippon Electric Glass Co. Ltd.

Market Segment:

Global Fire Resistant Glass Product Outlook (Volume, Million Square Meter; Revenue, USD Billion, 2013 - 2024)
    • Wired
    • Ceramic
    • Tempered
    • Gel Filled

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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Email:ryan@millioninsights.com