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    Home > News > Industry News > India Automotive Glass Market Report 2022-2027, Industry Growth Revenue Analysis, and Forecast

    India Automotive Glass Market Report 2022-2027, Industry Growth Revenue Analysis, and Forecast

    Post Time:May 07,2022Classify:Industry NewsView:969

    According to the latest report by IMARC Group, titled “Indian Automotive Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the India 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.

    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

    Source: https://www.magnolianews.net/Author: shangyi

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