Automotive Polycarbonate Glazing Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH337 | Last Updated On: Jul 14 2022 | Available Formats

> Global Automotive Polycarbonate Glazing Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Automotive Polycarbonate Glazing Market is segmented By Vehicle (Passenger Vehicles, Commercial Vehicles), By Application (Front Windshield, Rear Windshield, Side Window, Sunroof), By Sales (OEM's, After Market), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

Global Automotive Polycarbonate Glazing Market is the emerging market, and it is expected to grow at CAGR during the period (2022-2029).

  • 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 emission.

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

  • Technological advancements pertaining to the use of new raw materials such as polycarbonate to replace traditional glass is 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 of the market are application in panoramic roofs. Recent technological developments in automotive polycarbonate glazing will further offer growth and investment opportunities.

  • 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

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

Market Segmentation

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% revenue in the automotive polycarbonate glazing market in 2016.

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

By Vehicle Type

  • Passenger Vehicle

  •  Commercial Vehicle

By Application

  •  Front Windsheild

  •  Rear Windsheild

  •  Side Windows

  •  Sunroof

By Sales

  •  OEMs

  •  After Market

By Region

  •  Asia Pacific

  •  Europe

  •  North America

  •  South America

  •  Rest of the World

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