Automakers are constantly focusing on reducing the weight of the vehicles. The lighter the vehicle, the less fuel, and energy required. Additionally, with use of lighter material, carbon emission is also reduced. As a result, the adoption of polycarbonate glazing has increased significantly. Moreover, polycarbonate glazing has proven to offer up to 50% weight reduction as compared to glass. Automotive polycarbonate glazing is widely used in side windows, rear windows, and panoramic sunroofs. Besides, polycarbonate glazing also protects passengers in the vehicle in case of an accident. With growing trend of sunroof market, the polycarbonate glazing market is proliferating.
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Key Market Players
- Mitsubishi Engineering Plastics
- Saint-Gobain
- Sumitomo Corporation
- Evonik
- Sicherheitstechnik
- Covestro AG
- SABIC
- Corning Incorporated
- Freeglass
- Webasto
- Engle Machinery Inc.
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COVID-19 scenario analysis:
- The automotive industry is affected due to the COVID-19 as the majority of work in automotive industry needs to be done in factories where vehicles and its components are assembled and cannot be performed remotely.
- The regions of major manufacturing hubs are infected by the novel coronavirus and thus containment measures are followed in those areas.
- With lockdown imposed, the exports and imports of goods have stopped and global supply chains are disrupted.
- However, the market for electric vehicle is anticipated to grow post the pandemic. This, in turn, would fuel the market of automotive polycarbonate glazing as it offers 50 percentage of weight reduction as compared to glass in a vehicle.
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Key benefits of the report:
- This study presents the analytical depiction of the Automotive polycarbonate glazing industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed automotive polycarbonate glazing market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the automotive polycarbonate glazing market research report:
- What are the leading market players active in the automotive polycarbonate glazing market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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