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Automotive Glass Market

According to this latest publication from Meticulous Researchu00ae, the global automotive glass market is projected to reach $28.3 billion by 2031, at a CAGR of 8.9% during the forecast period.

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Automotive Glass Market

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  1. "Automotive Glass Market to be projected $28.3 Billion by 2031”

  2. Automotive Glass Market - 2031 Meticulous Research®, a distinguished global market research enterprise, is pleased to announce the release of its latest research report, titled 'Automotive Glass Market by Glass Type (Laminated Glass, Tempered Glass), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Electric Vehicles), Sales Channel, Application (Sidelight, Windshield, Sunroof), and Geography—Forecast to 2031.’ Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5761 This meticulously crafted report forecasts the global automotive glass market to surge to $28.3 billion by 2031, exhibiting a compelling Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. The burgeoning growth is primarily attributed to the escalating demand for electric and hybrid vehicles, an upswing in vehicle sales, and the surging adoption of sunroofs in passenger cars. However, challenges like the substantial initial costs associated with automotive glass plants and fluctuations in raw material prices may restrain the market's overall growth trajectory. Furthermore, the integration of smart glass in the automotive sector presents a remarkable avenue for the expansion of the global automotive glass market. Nonetheless, safety apprehensions related to laminated glass pose a challenge to the market's progression. Meticulous Research® has meticulously segmented the market based on glass type, vehicle type, sales channel, application, and geography to facilitate a thorough analysis. The study delves into industry competitors and scrutinizes the market at both regional and country levels. Key Findings and Segmentation Highlights: Glass Type: Laminated Glass Tempered Glass Other Glass Types • • • In 2024, the laminated glass segment is anticipated to claim the largest market share, propelled by growing consumer preferences for safety standards and increased usage in windshields and side windows. Vehicle Type: Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

  3. Automotive Glass Market - 2031 Passenger Cars Light Commercial Vehicles Heavy Commercial Vehicles Electric Vehicles Other Vehicle Types • • • • • Speak to Analyst : https://www.meticulousresearch.com/speak-to- analyst/cp_id=5761 The passenger cars segment is poised to dominate the market in 2024, fueled by rising passenger car sales due to increased consumer disposable income and evolving trends. However, the electric vehicle segment is expected to exhibit the highest CAGR, driven by government support, environmental concerns, and consumer demand. Sales Channel: OEMs Aftermarket • • In 2024, the OEMs segment is projected to secure a larger market share, driven by the rising demand for safety and quality in automotive glass, increased adoption of advanced technologies, and consumer preference for OEM glass, offering warranties for added assurance. Application: Sidelight Windshield Sunroof Rear Window Taillight Other Applications • • • • • • The windshield segment is forecasted to command the largest market share in 2024, fueled by heightened demand for safety features and advanced functionalities in vehicles. However, the sunroof segment is anticipated to register the highest CAGR, driven by increasing sunroof penetration in passenger cars and evolving consumer preferences. Geography: Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

  4. Automotive Glass Market - 2031 North America Europe Asia-Pacific Latin America Middle East & Africa • • • • • In 2024, Asia-Pacific is expected to dominate the global automotive glass market, buoyed by escalating vehicle production, surging electric vehicle demand, increasing preference for SUVs in China and India, and governmental emphasis on vehicle safety. Quick Buy : https://www.meticulousresearch.com/Checkout/76242613 Key Players: The global automotive glass market features prominent players such as AGC Inc. (Japan), Nippon Sheet Glass Co., Ltd. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Xinyi Glass Holdings Limited. (Hong Kong), Saint- Gobain (France), Webasto Group (Germany), Magna International Inc. (Canada), Corning Incorporated (U.S.), Guardian Industries (U.S.), Gentex Corporation (U.S.), TAIWAN GLASS IND. CORP. (Taiwan), Central Glass Co., Ltd. (Japan), Motherson Group (India), Schott AG (Germany), Vitro (Mexico), and Sisecam Otomotiv A.S. (Turkey). Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com

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