Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Automotive Aftermarket Glass Market to reach USD 4.22 billion by 2027.

Global Automotive Aftermarket Glass Market Size study, by Product (Tempered, Laminated and Others), by Application (Windscreen, Backlite, Sidelite and Others), by Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), and Regional Forecasts 2021-2027

Product Code: ALTAM-83660999
Publish Date: 6-05-2021
Page: 200

Global Automotive Aftermarket Glass Market is valued approximately at USD 3.25 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.8% over the forecast period 2021-2027. Automotive aftermarket glass is produced by manufacturer other than vehicle company’s authorized manufacturer and it may differ in quality as compared to glass that come with brand new vehicle. Growing trend of purchasing electronic vehicles is fueling the demand in the market. Rising number of road accidents, growing sales of automobiles worldwide, and increasing investment by market players in terms of expansion, mergers, acquisition and others are boosting the demand in the market. For instance, according to National Highway Traffic Safety Administration (NHTSA), in United States 38,680 people died in 2020 in motor vehicle traffic crashes, which was 7.2% increased as compared to 2019, when 36,096 fatalities were recorded. Additionally, in 2019, Saint-Gobain opened three glass facilities across the globe, the third one being in India, with an investment of USD 160 million (INR 1200 crore). Furthermore, government initiatives for encouraging adoption of electronic vehicles and growing adoption of glass in vehicles such as sunroof are expected to boost the demand in coming years. For example, government of United Kingdom is providing maximum grant of USD 3534 (2500 pound) on purchase of electric vehicles, falls under cars, motorcycles, mopeds, small vans, large vans, taxis and trucks. However, inventory challenges due to growing models of cars may hamper the market growth during forecast period.

Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, North America is the leading region across the world in terms of market share due to rising car registrations and growing number of road accidents in the region. Whereas Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to rising investment in car rental services and growing number of manufacturing facilities in the region.
Major market player included in this report are:

AGC Inc.
Central Glass Co. Ltd.
Corning Incorporated
Fuyao Glass Industry Group Co., Ltd
Guardian Industries
Nippon Sheet Glass Co. Ltd.
Taiwan Glass Ind Corp
Xinyi Glass Holdings Co., Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
By Application:
By Vehicle Type:
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Automotive Aftermarket Glass Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Automotive Aftermarket Glass Market, by Region, 2019-2027 (USD Billion)
1.2.2. Automotive Aftermarket Glass Market, by Product, 2019-2027 (USD Billion)
1.2.3. Automotive Aftermarket Glass Market, by Application, 2019-2027 (USD Billion)
1.2.4. Automotive Aftermarket Glass Market, by Vehicle Type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Aftermarket Glass Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Aftermarket Glass Market Dynamics
3.1. Automotive Aftermarket Glass Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Rising automobiles sales Growing road accidents
3.1.2. Market Restraint Inventory challenges
3.1.3. Market Opportunities Government initiatives for electric vehicles Growing adoption of glass in vehicles
Chapter 4. Global Automotive Aftermarket Glass Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Aftermarket Glass Market, by Product
5.1. Market Snapshot
5.2. Global Automotive Aftermarket Glass Market by Product, Performance – Potential Analysis
5.3. Global Automotive Aftermarket Glass Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.4. Automotive Aftermarket Glass Market, Sub Segment Analysis
5.4.1. Tempered
5.4.2. Laminated
5.4.3. Others
Chapter 6. Global Automotive Aftermarket Glass Market, by Application
a. Market Snapshot
6.1. Global Automotive Aftermarket Glass Market by Application, Performance – Potential Analysis
6.2. Global Automotive Aftermarket Glass Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Automotive Aftermarket Glass Market, Sub Segment Analysis
6.3.1. Windscreen
6.3.2. Backlite
6.3.3. Sidelite
6.3.4. Others
Chapter 7. Global Automotive Aftermarket Glass Market, by Vehicle Type
b. Market Snapshot
7.1. Global Automotive Aftermarket Glass Market by Vehicle Type, Performance – Potential Analysis
7.2. Global Automotive Aftermarket Glass Market Estimates & Forecasts by Vehicle Type 2018-2027 (USD Billion)
7.3. Automotive Aftermarket Glass Market, Sub Segment Analysis
7.3.1. Passenger Car
7.3.2. Light Commercial Vehicle
7.3.3. Heavy Commercial Vehicle
Chapter 8. Global Automotive Aftermarket Glass Market, Regional Analysis
8.1. Automotive Aftermarket Glass Market, Regional Market Snapshot
8.2. North America Automotive Aftermarket Glass Market
8.2.1. U.S. Automotive Aftermarket Glass Market Product breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027 Vehicle Type breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Automotive Aftermarket Glass Market
8.3. Europe Automotive Aftermarket Glass Market Snapshot
8.3.1. U.K. Automotive Aftermarket Glass Market
8.3.2. Germany Automotive Aftermarket Glass Market
8.3.3. France Automotive Aftermarket Glass Market
8.3.4. Spain Automotive Aftermarket Glass Market
8.3.5. Italy Automotive Aftermarket Glass Market
8.3.6. Rest of Europe Automotive Aftermarket Glass Market
8.4. Asia-Pacific Automotive Aftermarket Glass Market Snapshot
8.4.1. China Automotive Aftermarket Glass Market
8.4.2. India Automotive Aftermarket Glass Market
8.4.3. Japan Automotive Aftermarket Glass Market
8.4.4. Australia Automotive Aftermarket Glass Market
8.4.5. South Korea Automotive Aftermarket Glass Market
8.4.6. Rest of Asia Pacific Automotive Aftermarket Glass Market
8.5. Latin America Automotive Aftermarket Glass Market Snapshot
8.5.1. Brazil Automotive Aftermarket Glass Market
8.5.2. Mexico Automotive Aftermarket Glass Market
8.6. Rest of The World Automotive Aftermarket Glass Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. AGC Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Central Glass Co. Ltd.
9.2.3. Corning Incorporated
9.2.4. Fuyao Glass Industry Group Co., Ltd
9.2.5. Guardian Industries
9.2.6. Nippon Sheet Glass Co. Ltd.
9.2.7. Saint-Gobain
9.2.8. Taiwan Glass Ind Corp
9.2.9. Vitro
9.2.10. Xinyi Glass Holdings Co., Ltd

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now