Automatic Polycarbonate Glazing Market is the process of installing rear quarter windows, front quarter windows and sunroof in an automobile. Tempered glass, which is toughened by chemical or thermal treatments, is employed in non-windshield applications. Laminated glass, which holds itself even when shattered, is utilized in windshield applications due to safety reasons. Laminated glass consists of two or more layers of glass. Currently polycarbonate is being employed as a material in automotive glazing.
Rising demand for polycarbonate in automotive glazing as compared to laminated or tempered glass is due to its light weight, parts integration and resistant to impact. This is estimated to increase the demand for polycarbonate in the automotive glazing market. There has been a rise in demand for fuel-efficient vehicles across the world. Fuel consumption of vehicles is directly proportional to vehicle weight. Polycarbonates materials weight half of laminated or tempered glass. Therefore there is a rise in demand to employ polycarbonate in automotive glazing. Furthermore there is a demand for employing automobiles with reduced carbon dioxide emissions, which is projected to increase the demand for polycarbonate in the automotive glazing market. Rising demand for automobiles is anticipated to further increase demand for polycarbonate in the automotive glazing market. Polycarbonate materials offer complex 3D shapes, which is not possible in laminated or tempered glass. Parts integration is also possible in automotive polycarbonate glazing, which is not possible in laminated glass. Polycarbonate more scratch resistant than laminated glass, which is likely to increase the demand for polycarbonates in the automotive glazing market. Polycarbonate materials have better thermal insulation properties than laminated glass, which reduces the load on in-vehicle air-conditioner. This is estimated to further increase the demand for polycarbonate materials in the automotive glazing market. A major restraint faced by the automotive polycarbonate glazing market is regulatory restriction. Automotive regulations in major countries have still made it mandatory to utilize laminated glass for windshield applications such as regulation 43 in Europe.
The major opportunity for polycarbonate material to increase its market share in the automotive glazing market is to penetrate the automotive non-windshield glazing market.
In terms of glazing type the market can be segmented into windshield and non-windshield. In terms of application, the market can be segmented into rear quarter windows, front quarter windows, backlight and sunroof. In terms of vehicle type the market can be segmented into passenger vehicles and commercial vehicles. The market share of windshield applications is one fifth of the overall glazing market. The rest of the glazing market comprises non-windshield applications.
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In terms of geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is the largest automotive polycarbonate glazing market. China is a significant market for automotive polycarbonate glazing in Asia Pacific. The growth in y-o-y automobile sales was considerable in China. Another important automotive glazing market in Asia Pacific is India. India followed China in terms of growth of y-o-y automobile sales in 2016. Additionally, Japan is an important automotive glazing market, however the market size is anticipated to contract due to decrease in vehicle sales in 2016. North America follows Asia Pacific in terms of market size in the global automotive polycarbonate glazing market. The U.S is a prominent market for polycarbonate glazing followed by Canada and Mexico. Europe is the third largest automotive polycarbonate glazing market. Germany is a significant market for automotive polycarbonate glazing in Europe. Other major automotive glazing markets in Europe include the U.K, France, Italy, and Spain.
Major firms operating in the automotive glazing market include Covestro AG (Germany), KRD Sicherheitstechnik GmbH (Germany), Webasto SE (Germany), Freeglass GmbH & Co. KG (Germany), SABIC (Saudi Arabia), Teijin Ltd (Japan), Trinseo S.A (the U.S), Engle Machinery Inc. (the U.S), Exatec LLC (the U.S) and Gallina (the U.S).
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