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Automotive Polycarbonate Glazing Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: May 2024 || SKU: CH337
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Global Automotive Polycarbonate Glazing Market is segmented By Vehicle (Passenger Vehicles, Commercial Vehicles), By Application (Front Windshield, Rear Windshield, Side Window, Sunroof), By Sales (OEMs, After Market), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Market Overview

150 Pages report analyses the global automotive polycarbonate glazing market size, shares, recent trends, competitive intelligence, and future market outlook. Automotive polycarbonate glazing usage reduces vehicle weight is on the rise. Demand for glazing materials, and the growing sunroof market in ‘Europe’ is growing.

Market Scope

Metrics

Details

Market CAGR

5.5%

Segments Covered

By Vehicle, By Application, By Sales, and By Region 

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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  • The use of polycarbonate resins is beneficial to the environment as well. The use of polycarbonates reduces vehicle weight, which in turn improves fuel efficiency and reduces vehicle emissions.

  •  The global market for automotive polycarbonate glazing displays high growth potential with the increasing demand for fuel-efficient vehicles across the world.

  • Technological advancements in using new raw materials such as polycarbonate to replace traditional glass are expected to propel industry growth. U.S., the Federal Motor Vehicle Safety Standards specifies only laminated glass, tempered glass, and glass plastic for automotive glazing standards.

  • A few Major trends in the market are applications in panoramic roofs. Technological developments in automotive polycarbonate glazing will offer growth and investment opportunities.

  • The increasing use of polycarbonate glazing in the automotive industry in India is another major factor anticipated to accelerate the growth of the Asia Pacific market in the coming few years followed by Europe.

  • The regulatory environment in major automotive markets such as the U.S., Europe, and Japan specifies to use of laminated, tempered, or toughened glass for automotive glazing. The use of plastics including polycarbonates is restricted in U.S., Europe, and Japan for automotive glazing which restrains the market growth in these regions.

Market Dynamics and Trends

  • Major Drivers of the Automotive Polycarbonate Glazing Market are increasing demand for lightweight glazing materials, and growing sunroof market, and advanced automotive designs.

  • Major Restraints of the market are the higher cost of polycarbonate glazing, and environmental regulations prohibiting the use of polycarbonate materials for windscreens.

Segmentation Analysis

By Product

  • Polycarbonate materials are utilized in place of glass in panoramic sunroofs, and it reduces vehicle weight substantially. This further enhances the vehicle's fuel efficiency and reduces emissions. A major opportunity in the market for automotive polycarbonate glazing is the rising acceptance of electric and hybrid vehicles. Passenger vehicles contributed approximately 71% of revenue in the automotive polycarbonate glazing market in 2016.

  • The benefits of these sheets percolated across commercial, industrial, and institutional sectors finding broad application scope in overhead glazing and greenhouse glazing which will further boost the market growth.

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FAQ’s

  • The Automotive Polycarbonate Glazing Market is growing at a High CAGR of 5.5% .

  • North America region Controls the Automotive Polycarbonate Glazing Market during 2024-2031

  • Among all regions, Asia Pacific is the fastest growing market share during the forecast period 

  • Key Players of Automotive Polycarbonate Glazing Market are Mitsubishi Chemical Corporation, Freeglass Gmbh & co, Webasto Group, Covestro AG, Teijin Limited, Chi Mei Group, KRD Siecherheitstechnik Gmbh, Trinseno S.A, Saudi Basic Industries Corporation
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