With the expansion of the global automotive market and the increase in SUV sales, as well as the introduction of smart glass and embedded connectivity technologies, automotive glass sales are expected to rise. Due to technological breakthroughs in the industry and the growing emphasis on automotive aesthetics and design, manufacturers are required to offer innovative automotive glass products. These innovations will accelerate the expansion of the market size.

The major companies in the automotive glass market include: Central Glass Co.Ltd., Corning Incorporated, Fuyao Glass Industry Group Co.Ltd., Guardian Industries、Nippon Sheet Glass Co.Ltd.、Saint-Gobain、Taiwan Glass Ind Corp、Xinyi Glass Holdings Co.Ltd., ÅžiÅŸecam Group.

Drivers, Restraints, and Opportunities in the Automotive Glass Market：

1.     Drivers: Stringent safety regulations implemented by the government. 

2.     Restraints: High costs and capital-intensive investments.

3.     Opportunities: Increasing demand for luxury vehicles.

The current state of the automotive glass market:

1．In July 2022, Saint-Gobain S.A. expanded its building products portfolio by acquiring Kaycan Ltd. (Canada), leveraging Kaycan's technology. Additionally, Saint-Gobain S.A. expects this acquisition to strengthen its position in the North American market.

2．In October 2021, Webasto showcased its roof sensor module, which features sensors, cameras, and related functionalities, and incorporates lidar technology for visual applications.

3．In May 2021, Wideye, the European business of AGC Automotive, announced the establishment of Wideye Rhino, a company focused on creating sensor protection glass solutions for non-automotive applications.

(Source: China Glass Network)