Skip to main content

Posts

Showing posts with the label Automotive Glazing Industry

Automotive Glazing Industry In-depth Survey and 2025 Future Outlook

Rising demand for advanced passenger protection in automobile owing to rising road fatalities is expected to propel growth for glazing systems. The Global Automotive Glazing Market is expected to reach USD 33.02 billion by 2025, according to a new report by Grand View Research, Inc.   Automotive production volume is the primary factor influencing the industry trends. Growing acceptance of lightweight components in cars contributing to improved fuel efficiency is expected to propel industry growth. Innovations in the glazing technology by industry players to offer high impact bearing materials with attractive colors and designs is likely to drive demand. Nippon Sheet Glass Company Limited (NSG), Asahi, Saint Gobain S.A. and Fuyao Glass Industry Group Co., Ltd. together dominated the industry in 2016 accounting over 70% of the overall demand. The new entrants are likely to face a threat from these giants owing to their large production capacities, well-established consumer b...