Automotive Glass Market trends research and projections for 2016-2024

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Automotive Glass Market Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2016 2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Automotive Glass Market

• The demand for automobiles across the globe is
  increasing exponentially, which will propel
  Automotive Glass Market over the years ahead.
• Automotive Glass Market generated a revenue of
  USD 15 billion in 2015 and will grow at an annual
  growth rate of more than 7 over the period of
  2016 to 2024.
• For the sake of user safety, windshields are
  fitted with laminated glass. Laminated automotive
  glass industry, having had a revenue of USD 4.5
  billion in 2015, will grow significantly at an
  annual growth rate of more than 6.5 over the
  coming years of 2016 to 2024.
• Automotive glass industry giants are undertaking
  RD activities to improve the sale of laminated
  products and gather a huge customer base to
  fulfill the requirement of OEMs. Central Glass
  America, Nippon, AGC Glass Europe, Shenzhen
  Benson automobile glass co.,ltd., Saint Gobain
  Sekurit, Guardian industries, Duratuf Glass
  Industries Pvt. Ltd., , PPG Industries, Inc.,
  Corning, Inc., and Xinyi Glass are the notable
  players in automotive glass market.

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Continued

• In 2015, OEMs covered about 80 of the market
  share and will generate considerable revenue over
  the coming seven years, primarily driven by the
  growing deployment of safety measures by the
  various manufacturers.
• Aftermarket replacement end use segment will
  register an annual growth rate of more than 5,
  owing to the escalating need of the product for
  the repair and maintenance of damaged vehicles.
• The demand for light weight commercial vehicles
  is growing notably due to the rise in goods
  transportation across the rural areas.
• China will be the prominent contributor of Asia
  Pacific automotive glass market, owing to the
  huge production rate of automotive vehicles
  pertaining to the ample availability of land and
  labor.

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Europe Automotive Glass Market Size, By
Application, (Mn Sq.m), 2015 2024
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