Automotive Glass Market statistics, industry Share Analysis Report 2024

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Automotive Glass Market statistics, industry
Share Analysis Report 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Automotive Glass Market

• Automotive glass market from light commercial
  vehicles will observe over 6.5 growth. Rapid
  urbanization, high transport rates and rising
  demand for mini-trucks and vans are the
  considerable factors of the product development.
  Increasing accident rates due to heavy traffic in
  urban areas has positively influenced the demand.
• The 2015 U.S. laminated automotive glass market
  was worth more than USD 800 million stringent
  regulations for passenger safety and consumer
  awareness pertaining to health safety will
  drive the regional demand. Shifting trends
  towards super and modified cars with increased
  utilization of tinted products will drive the
  innovation landscape
• China automotive glass market from OEM is
  estimated to witness over 7 growth up to 2024.
  High consumer spending on vehicles accompanied by
  inclination towards luxury and supercars are
  driving industry trends.

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Continued...

• Laminated automotive glass market will generate
  over USD 9 billion valuation by 2024. Prevention
  from penetration, easy reparability, sound
  proofing and clear visibility are the substantial
  properties encouraging the product consumption.
  Consistent innovation in features has increased
  the overall value and complexity of the product
  delivered to OEMs.
• Global automotive glass market share is
  consolidated in nature with the presence of key
  players including Saint Gobain Sekurit, AGC,
  Nippon, Xinyi, Guardian and Fuyao accounting for
  over 50 of the industry share in 2015. Other
  notable players include Magna International,
  Inc., Shenzhen Benson, PGW, Gentex Corporation
  and Webasto.

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

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360 Analysis

• Product Analysis
• Laminated automotive glass market size was over
  USD 4.5 billion and is estimated to grow at over
  6.5 up to 2024. Rising applications in
  windshield of vehicles and growing safety
  standards in vehicles is expected to drive the
  automotive glass market demand. Tempered
  automotive glass market is estimated to grow over
  6 volume wise by 2024. It is widely utilized for
  sidelite and backlite in commercial vehicles.
• Regional Analysis
• U.S. automotive glass market sizewill grow at
  over 4.5 by 2024. Rising demand from original
  equipment is the key market factor in light
  vehicles. Stringent regulations regarding safety
  is expected to drive the market demand.
• Competitive Market Share
• Global automotive glass market share is
  consolidated with the major industry players
  including AGC, Saint Gobain Sekurit, Central
  Glass America, Shenzhen Benson, Ltd. Nippon, PPG
  Industries, Inc., Xinyi, Duratuf, Corning, Inc.
  and Guardian.

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