Owing to its advantage of durability, light-weighting of vehicle, and security, the use of polycarbonate glazing has increased in manufacturing of panoramic roof. For instance, KRD Sicherheitstechnik GmbH made panoramic roof for Bugatti Veyron which is one of the fastest super sports cars on the road. Additionally, it was thermoformed and coated with Momentive Performance Materials GmbH’s AS4000 polysiloxane wet-coat system to provide highly scratch- and weather-resistant roof.
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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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Stringent government regulations require automakers to focus more on emission norms. This has given rise to increasing adoption of electrical vehicles. Reducing weight of vehicles has been a major concern of electric vehicle manufacturers. Moreover, polycarbonate glazing has proven to be their solution. Due to this reason, major EV manufacturers are focusing on adoption of polycarbonate glazing in their 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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