Asia Pacific Automotive Glass Market Latest Trends, Industry Dynamics, Outlook
Asia Pacific Automotive Glass Market Report by Glass Type (Laminated Glass, Tempered Glass, and Others), Material Type (IR PVB, Metal Coated Glass, Tinted Glass, and Others), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Trucks, Buses, and Others), Application (Windshield, Sidelite, Backlite, Rear Quarter Glass, Sideview Mirror, Rearview Mirror, and Others), End User (OEMs, Aftermarket Suppliers), Technology (Active Smart Glass, Passive Glass), and Country 2024-2032
The Asia Pacific automotive glass market size reached US$ 4,136.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 7,222.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 4,136.0 Million
Market Forecast in 2032
US$ 7,222.4 Million
Market Growth Rate (2024-2032)
6.2%
Automotive glass is employed in the manufacturing of windshields and windows of vehicles as it offers a clear view of the surroundings. Moreover, it exhibits superior aerodynamic features and protects against ultraviolet (UV) rays, rain, sun, dust, wind, and fog.
A significant presence of leading original equipment manufacturers (OEM) in different countries of the Asia Pacific region represents one of the key factors impelling the automotive glass market growth. Additionally, increasing road accidents have increased the utilization of automotive glass in vehicles, which is positively influencing the market. Furthermore, the introduction of head-up display (HUD) and smart glass, which allow windows to dim or tint from transparent to opaque, is positively influencing the market growth. However, the imposition of lockdown restrictions by governing agencies of several countries in the region due to the sudden outbreak of the coronavirus disease (COVID-19) has led to a temporary halt in the operations of manufacturing units, which has adversely affected the market growth. The market is expected to recover once lockdown relaxations are introduced.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific automotive glass market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on glass type, material type, vehicle type, application, end user, and technology.
Breakup by Glass Type:
Laminated Glass
Tempered Glass
Others
Breakup by Material Type:
IR PVB
Metal Coated Glass
Tinted Glass
Others
Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Trucks
Buses
Others
Breakup by Application:
Windshield
Sidelite
Backlite
Rear Quarter Glass
Sideview Mirror
Rearview Mirror
Others
Breakup by End User:
OEMs
Aftermarket Suppliers
Breakup by Technology:
Active Smart Glass
Suspended Particle Glass
Electrochromic Glass
Liquid Crystal Glass
Passive Glass
Thermochromic
Photochromic
Breakup by Country:
China
Japan
India
South Korea
Australia
Indonesia
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Million
Scope of the Report
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The Asia Pacific automotive glass market was valued at US$ 4,136.0 Million in 2023.
We expect the Asia Pacific automotive glass market to exhibit a CAGR of 6.2% during 2024-2032.
The rising demand for automotive glasses, as they provide a clear and undistorted view of surroundings and roads during adverse weather conditions, while safeguarding the automobile from Ultraviolet (UV) rays, is primarily driving the Asia Pacific automotive glass market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several Asia Pacific nations, resulting in the temporary closure of numerous automobile manufacturing units, thereby negatively impacting the regional market for automotive glass.
Based on the glass type, the Asia Pacific automotive glass market has been segmented into laminated glass, tempered glass, and others, where laminated glass currently holds the majority of the total market share.
Based on the vehicle type, the Asia Pacific automotive glass market can be divided into passenger cars, light commercial vehicles, trucks, buses, and others. Currently, passenger cars account for the largest market share.
Based on the application, the Asia Pacific automotive glass market has been segregated into windshield, sidelite, backlite, rear quarter glass, sideview mirror, rearview mirror, and others. Among these, windshield currently exhibits a clear dominance in the market.
Based on the end-user, the Asia Pacific automotive glass market can be categorized into OEMs and aftermarket suppliers. Currently, OEMs hold the majority of the total market share.
On a regional level, the market has been classified into China, Japan, India, South Korea, Australia, Indonesia, and others.
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