According to the latest report by IMARC Group, titled “Indian Automotive Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the Indian automotive glass market is expected to exhibit a CAGR of 5.5% during 2022-2027. Automotive glass refers to a treated glass utilized in the production of windscreens and windows of a vehicle. It is a laminated or tempered glass made with two glass sheets and a polyvinyl butyral (PB) layer to withstand impact and heat without shattering. An automotive glass provides a clear and undistorted view during extreme conditions like rain, fog, sun and dust. It also offers excellent aerodynamic properties, water resistance, and protection against ultraviolet (UV) radiation.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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India Automotive Glass Market Trends:
The India automotive market is primarily being propelled by the introduction of advanced and affordable product variants. Additionally, leading manufacturers are introducing colored coatings, protection against glare and smash-and-dash burglary, and acoustic comfort to passengers, which is contributing to the market growth in the country. The inflating sales of passenger cars and reduction of import dependency are further influencing the market growth positively. Moreover, improving socio-economic conditions, along with growing working population is creating a positive outlook for the market in India.
Key Market Segmentation:
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 Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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