GLOBAL AUTOMOTIVE POLYCARBONATE GLAZING MARKET FORECAST 2019-2027
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Global automotive polycarbonate glazing market is estimated to grow with approx. 14.71% CAGR during the year 2019-2027 and is expected to gain $ 6366 million until the year 2027.
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With rapid developments in automobile technologies, conventional glass materials were replaced by highperformance materials including polycarbonates which possess the property of less weight compared to glass materials.
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The impact of using polycarbonates for automotive component manufacturing was observable as it decreased the overall weight of automobiles to a great extent
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The automotive polycarbonate glazing market is segmented on the basis of vehicle type where they are further classified into passenger vehicle and commercial vehicle.
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A passenger vehicle is the highest contributing segment with 76.58% share. The high cost of polycarbonate glazing and strict regulations pertaining to the use of polycarbonate for windscreen are the major factors hindering the automotive polycarbonate glazing market.
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The side window is expected to be the fastest growing application segment over the forecast period.
“Global automotive polycarbonate glazing market is estimated to grow with approx. 14.71% CAGR during the year 2019-2027 and is expected to gain $ 6366 million until the year 2027.�
The North American market for automotive polycarbonate glazing is projected to grow at 14.16% CAGR during the forecasting years of 20192027. The United States automotive polycarbonate glazing market is mainly driven by growing electric vehicle market, preference towards lightweight vehicles, strict carbon emission regulations along with rising in
The European automotive polycarbonate glazing market is expected to grow at a CAGR of 14.68% during the forecasting years 2019-2027. The newer and advanced technological innovation for manufacturing and aesthetical designing of automobile components, automotive polycarbonate
The Asia Pacific automotive polycarbonate glazing market was valued at $XX million in 2018 and is projected to reach $XX million by 2027 at a CAGR of 15.11% from 2019 to 2027. The intensity of threat of new entrants in the APAC automotive polycarbonate glazing market is expected to be high during the forecast period 2019-2027.
The major market players of the global automotive polycarbonate glazing market areWebasto SE, Chi Mei Corporation, Covestro AG, Idemitsu Kosan Co., Ltd., Mitsubishi Chemical Corporation, Renias Co., Ltd., Sabic, Sumitomo Chemical Co. Ltd., KRD Sicherheitstechnik GmbH, Teijin Ltd., Trinseo S.A. and Engel Austria GmbH.
