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Introduction of renowned automakers across regions like Asia Pacific is expected to drive new demand in automotive glass market over the coming years. Countries like Indonesia, China, India, Japan, Taiwan, and Malaysia have positioned themselves as the emerging vehicle manufacturing hubs across the world. Surging expansion activities in the automotive sector could accelerate the productu2019s demand in the years to come
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Automotive Glass Market Share, Trend & Growth Forecast to 2026
KeyInsights Automotive Glass Market : • Introduction of renowned automakers across regions like Asia Pacific is expected to drive new demand in automotive glass market over the coming years. Countries like Indonesia, China, India, Japan, Taiwan, and Malaysia have positioned themselves as the emerging vehicle manufacturing hubs across the world. Surging expansion activities in the automotive sector could accelerate the product’s demand in the years to come • Development for high resistance glass owing to growing shift towards long-distance journeys among urban populations could massively benefit industry landscape. Car owners are preferring to install laminated side glazing on their vehicles given to its offered features like UV resistance, improved impact resistance & scratch resistance, and higher durability.
Continued… • For the record, laminated glass has around 6mm thickness with double layers including one plastic interlayer and two glass layers. Generally, the top of the glass holds glass shards in one place which further improves safety. Usually, laminated glass is considered to be superior to tempered glass. Meanwhile, customers are exploring other options like value-added glass to enhance their vehicle’s specifications. This has inspired several automakers to develop new types of glass to satisfy consumer demands.
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Major Companies Automotive Glass Market : • Tailing Electric Vehicle Co. Ltd. • Terra Motors Corp • Vmoto Limited • Z Electric Vehicle • Zero Motorcycle
Regional Automotive Glass Market: • On the regional front, the Middle East & Africa automotive glass market is expected to observe significant gains owing to growing presence of renowned industry players coupled with rapid integration of economical production technologies. The region experiences a heavy demand for HCVs from the oil drilling industry. Easy access to natural gas along with ample availability of raw materials like silica and soda ash may boost the glass production sector of the region.
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