The automotive glass market has a value of about USD 2,422.3 million in 2024, which will reach USD 3,310.4 million by 2030, powering at a rate of 5.3% by the end of this decade. The requirement for windows, windscreens, and other glass parts is powered by the constant rise in automotive manufacturing at a global level.

Laminated glass led the industry, with a considerable share of 45%, in 2023. Consumers' requirement for safety, opulence, and luxury makes the material a prevalent choice among automakers, chiefly for high-end models.

Its use in windscreens is regulated by the strict safety standards in many countries, because of its inordinate safety and protective qualities, for increasing passenger safety. The PVB interlayer in the windscreen averts shattering throughout collisions, therefore decreasing the risk of injuries to passengers by serving as a cushion.

Moreover, side windows with laminated glass remain unbroken after the impact, therefore protecting the people inside from flying objects and expulsion. Consequently, laminated glass is often combined into car designs to guarantee the safety both passengers and drivers.

The market for smart glass has a rapid growth, as this improves comfort in luxurious cars by automatically changing the tint to avert excessive sunlight from entering inside and keeping the inside of a car cool. By altering from clear to opaque, it also provides security and privacy, thus enticing high-profile owners.

The technology likewise works in conjunction with sophisticated climate control systems to reduce the requirement for air conditioning and surge energy efficiency, both of which advance the fuel economy.

Furthermore, smart glass' innovative and lavish appeal increases the aesthetic value and exclusivity of premium vehicles, therefore drawing buyers looking for characteristic features.

Owing to their close association while making glass components and bulk buying, OEMs led the automotive glass market even though there is a substantial aftermarket for auto components. For satisfying the changing requirements of automobile customers, OEMs are working together with component producers on improvements in glass performance, usefulness, and safety.

APAC has a significant share, of 45%, in 2023, and it will grow at a rate of 5% by the end of this decade. The automobile industry of the region flourishes with the growing production and sales in India and China.

Additionally, more people now have vehicles with the expansion of the middle-class population, therefore growing the requirement for automotive glass. In the last 20-30 years, the region advanced into a substantial center for auto manufacturing, drawing large international OEMs with its reasonable labor and capable workforce.

The growing automotive industry has a lot to do with the growing demand for automotive glass in the tears to come.

Source: P&S Intelligence