3 Key Insights on the US$ 30 Billion Opportunity in the Global Automotive Glass Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Driven by the increasing demand for passenger cars, and the rising automotive industry. The Global Automotive Glass Market is forecasted at approximately US$ 30 Bn by 2028 says Ken Research Study Automobile glass is commonly referred to as laminated glass or tampered glass. Laminated glass is manufactured by fusing a thin layer of polyvinyl butyral with two solid glass layers. Tempered glass is made by heating glass and then rapidly cooling it to room temperature to increase its tensile and compressive strength. Tempered glass is most commonly used for car windows, sunroofs, backsides, and others. “Ken Research shares 3 key insights on this high-opportunity market from its latest research study.” 1. Asia Pacific’s Budding Automotive Industry is a Driving Factor for Automotive Glass Market Growth. According to Ken Research Analysis, the Global Automotive Glass Market was valued at US$ 15 billion in 2017, it is estimated to be ~US$ 20 billion in 2022 and is forecasted to reach a market size of ~US$ 30 billion opportunities by 2028, owing to Increasing demand for electric vehicles, hybrid vehicles, and luxury cars. According to Invest India, the Indian automobile industry is expected to reach US$ 300 billion by 2026 from US$ 222 billion in 2022. In the automobile market in India, passenger cars accounted for 17.4% of the market share. Passenger car sales are dominated by small and midsized cars. According to Japan External Trade Organization, domestic automobile production in 2019 was 9.68 million units and domestic automobile sales in the same year were 5.2 million units. The growing automotive industry is expected to directly propel the growth of the automotive glass market. Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDg2 2. Increasing Vehicle Production, and Rising Demand for Passenger Cars, are Fuelling the Growth in Automotive Glass Market. COVID-19 halted vehicle production and sales worldwide, however, the current situation is getting better, the demand for passenger cars including SUVs, electric cars, light commercial vehicles, and midsize passenger cars, is increasing. The rising population and spending of people also lead to growth in the sale of passenger cars. Regular upgradation in vehicle structure and technology as per the demand from the customers is likely to boost the sale of vehicles. The International Organization of Motor Vehicle Manufacturers (OICA), an organization working in the interest of vehicle manufacturers and assemblers stated that vehicle production increased by 3% from 2020 to 2021 after declining by 13% from 2019 to 2020. Increasing the production and sales number of vehicles directly helps the automotive glass market to grow. 3. Fluctuating Raw Material Price is Hampering the Growth of the Automotive Glass Market. The higher raw material price of manufacturing glass is hampering the growth of the market. As per the Chemical and Engineering News (C&EN), soda lime glass is the most common material used in the manufacturing of glass, it accounts for roughly 90% of all manufactured glass including bottles, jars, building windows, and others. During the COVID-19, the prices of soda ash have declined significantly but as the demand surged and supply reduced due to the low production volume, the prices of these materials have soared to an all-time high, owing to the prices of automotive glass also fluctuating and restraining the growth of the market. Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDg2 Key Topics Covered in the Report Snapshot of the Global Automotive Glass Market Industry Value Chain and Ecosystem Analysis Market size and Segmentation of the Global Automotive Glass Market Historic Growth of the Overall Global Automotive Glass Market and Segments Competition Scenario of the Market and Key Developments of Competitors Porter’s 5 Forces Analysis of the Global Automotive Glass Industry Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors COVID-19 Impact on the Overall Global Automotive Glass Market Future Market Forecast and Growth Rates of the Total Global Automotive Glass Market and by Segments Market Size of Vehicle Type/Application Segments with Historical CAGR and Future Forecasts Analysis of the Global Automotive Glass Market Major Production/Supply and Consumption/Demand Hubs in Each Major Region Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments Overview of Notable Emerging Competitor Companies within Each Major Continent Major Players Mentioned in the Report FUYAO Glass Industries Co., Ltd. Nippon Sheet Glass Co., Ltd Saint-Gobain Xinyi Glass Holdings Limited AGC Inc. Central Glass Co., Ltd. Corning Incorporated Guardian Industries Holdings Sisecam Webasto Group Notable Emerging Companies Mentioned in the Report Magnum Tuff India Private Limited Glavista Speedy Autoglass Mobss Windshield Pvt. Ltd. Vehicle Glass Company Ltd. Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report Automotive Glass Manufacturing Companies Soda Ash Suppliers Silica and Sand Suppliers Government & Regulatory Authorities Automotive Research Institutes Investors in Automotive Industry Smart Glass Manufacturers Automotive OEMs Start-ups & Incumbents in Automotive Electronics Automotive Testing & Inspection Companies Company Research and Development Institutes Market Research & Consulting Firms Banking and Financial Service Providers Investment Banks Targeting Automotive Component Industry Time Period Captured in the Report Historical Period: 2017-2021 Forecast Period: 2022-2028F For More Information on the Research Report, refer to below links: – Global Automotive Glass Market: Ken Research Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Tags: Africa Automotive Glass Market, Aftermarket Automotive Glass Market, AGC Automotive Glass Market, Asia Pacific Automotive Glass Market, Automotive Glass Industry Outlook, Automotive Glass Manufacturing Companies, Automotive Glass Market Trends, Automotive Testing & Inspection Companies, Automotive Windshield Market, Backlite Automotive Glass Market, Central Automotive Glass Market, Challenges in Growth of Automotive Glass Industry, Competitor Companies in Automotive Glass Industry, Corning Incorporated Automotive Glass Market, Electric Vehicles Automotive Glass Market, Emerging Companies in Automotive Glass Market, Europe Automotive Glass Market, Financial Service Providers in Automotive Industry, FUYAO Automotive Glass Market, Global Auto Glass Market Size, Global Automobile Glass Market, Global Automotive Glass End User industry, Global Automotive Glass Industry, Global Automotive Glass Industry Outlook, Global Automotive Glass Market, Global Automotive Glass Market Demand, Global Automotive Glass Sector, Global market for Automotive Glass, Global Soda Ash Suppliers, Heavy Commercial Automotive Glass Market, Investment Banks Targeting Automotive Component Industry, Investors in Automotive Industry, Key Players in Automotive Glass Industry, Laminated Automotive Glass Market, Latin America Automotive Glass Market, Leading Players in Automotive Glass, Light Commercial Automotive Glass Market, Major Companies in Automotive Glass, Middle East Automotive Glass Market, Nippon Sheet Automotive Glass Market, North America Automotive Glass Market, Opportunities in Automotive Glass Market, Original Equipment Manufacturer in Automotive Glass, Passenger Car Automotive Glass Market, Saint-Gobain Automotive Glass Market, Sidelite Automotive Glass Market, Silica and Sand Suppliers, Sisecam Automotive Glass Market, Smart Glass Manufacturers, Start-ups & Incumbents in Automotive Electronics, Sunroof Automotive Glass Market, Suppliers of Automotive Glass Worldwide, Tempered Automotive Glass Market, Top Automotive Glass Manufacturers Globally, Top Manufacturers of Automotive Glass, Webasto Automotive Glass Market, Windscreen Automotive Glass Market, Worldwide Automotive Glass Market, Xinyi Glass Automotive Glass Market