Global Automotive Glass Market is valued USD 17.80 Billion in 2019 and is projected is to exhibit 5.23% CAGR during the forecast period. The market is projected to be around USD 25.43 Billion by 2026. The market is driven by the enhancing vehicle production, forthcoming smart glass & device embedded glass technologies.

Automotive glasses are an anesthetics glass of vehicles to protect passengers from harsh external environments such as wind, rain, and sun. The basic necessity of automotive glass is to provide a clear and undistorted view of the road and the surroundings. Extreme weather conditions can make driving difficult. Driving in such conditions can affect one’s ability to see, which reduces adverse weather conditions such as rain, fog, sun, and dust.
Automotive Glass Market Dynamics
The Factors that responsible for market growth are such as enhancing vehicle production, forthcoming smart glass & device embedded glass technologies, and progressing glass applications to improve the aesthetics of the car. Furthermore, rising demand for automobiles, especially in developing economies like China and India, is the major driving factor for the automotive glass market. Sales of automotive vehicles are also affected by economic factors like consumer confidence, availability of credit, gross domestic product (GDP), and fuel prices.

However, the industry is facing many changes on account of technological improvements. The constant shift in vehicle design and the growing demand for lightweight vehicles are compelling manufacturers to upgrade themselves. At the same time, fluctuating raw material prices along with demand and supply gap will hamper the industry growth.
Automotive Glass Market Insight
Based on the region, Asia Pacific is expected to dominate the automotive glass market. The Asia Pacific experienced favorable policies & regulations, a growing demand for passenger and light commercial vehicles and economical production in the recent past. Automobile manufacturers such as General Motors and Volkswagen AG have concentrated their plants in China through joint ventures with local manufacturers, to expand their business operations and lower the overall manufacturing costs in their companies. Additionally, the rising demand for lightweight parts and increasing preference for comfortable vehicles will support automotive glass production.
Automotive Glass Market Segmentation
The global Automotive Glass Market is segmented into type, application, vehicle type, and region. On the basis of the type the market is divided into regular glass, smart glass. Based on application the market is segmented into sunroof, rear view mirrors, windshield, other. According to vehicle type the market is divided into passenger vehicles, commercial vehicles. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Automotive Glass Market Competitive Landscape
The key players in Automotive Glass Market are listed as AGC Chemicals, Central Glass Co., Ltd., Corning, Inc., Duratuf Glass Industries Pvt., Ltd., Fuyao Glass Industry Group Co., Ltd. (Fuyao Group), Guardian Industries, Nippon Sheet Glass Co., Ltd., Saint-Gobain Sekurit, Shenzhen Benson Automobile Glass Co., Ltd., Taiwan Glass Industry Corporation, Xinyi Glass Holdings Ltd., and Other.