Automotive Glass Market:
Glass plays a central role in various parts of an automotive such as windows, windscreen, and roof. The global automotive glass market report by Market Research Future (MRFR) covers drivers, challenges, opportunities, and bottlenecks to be faced by glass manufacturers for the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and its implications are explored in the industry report.
Get Free Sample Report in PDF Format https://www.marketresearchfuture.com/sample_request/2045
The global automotive glass market is expected to grow with an estimated CAGR of 7.28% during the forecast period. Development of new iterations of glass designs and procurement of latest vehicles annually can drive market demand. Incorporation of asymmetric designs and focus on exterior aesthetics can bode well for the market. Huge strides in glass manufacturing and capacity to increase the strength and quality of glass has led to innovations such as tinted glass and acoustic glass.
Badges and hood ornaments endorsing the brand logo of the company have been made using glass. They are made from a combination of inorganic and non-toxic oxide and silicate compounds. The development of hood ornaments on luxury and ultra-luxury cars can drive the market growth. Introduction of new financial schemes and available loans for cars can facilitate growth in the global automotive glass market.