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Automotive Glass Market Size
- Report ID: GMI1087
- Published Date: May 2021
- Report Format: PDF
Automotive Glass Market Size
Automotive Glass Market size exceeded USD 7.34 billion in 2020 and will grow at a CAGR of 5.7% from 2021 to 2027. The growing demand for automotive and rising sales from the aftermarket will create various opportunities for the automotive glass industry
The growing automotive production is projected to drive the automotive glass industry. The global automotive production in 2019 was over 92.5 million units, according to the European Automobile Manufacturers Association. Automotive glass has evolved from providing safety to increasing aesthetic looks. Customers are increasingly looking for automotive that can not only protect them from the outside environment but also aid in UV protection, dirt protection, etc. Replacement and repair of automotive glass must be done by following the guidelines set by OEM manufacturers, which help in maintaining the integrity and rigidity of the automotive glass.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Automotive Glass Market Size in 2020: | 7,343.0 Million (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 5.7% |
| 2027 Value Projection: | 11,266.5 Million (USD) |
| Historical Data for: | 2017 to 2020 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 310 |
| Segments covered: | Product, Application, End-Use, Vehicle and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Fluctuating costs of raw materials, such as soda ash and limestone, along with bottlenecks in the supply chain networks, such as increased import duty and tariffs, might hinder the market growth.
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Automotive Glass Market Scope
