According to the new market research report "Automotive Glazing Market By Application (Sidelite, Backlite, Sunroof, Lighting, Rear Quarter Glass), Vehicle Type (Passenger Car, Light and Heavy Commercial, Off-Highway, Electric), and Region – Global Forecast To 2025", Published by MarketsandMarkets™, The global Automotive Glazing MarkAutomotive Glazing Marketaet size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%.The market will be driven primarily because of the increase in demand for vehicle weight reduction owing to stringent emission norms.
Polycarbonate weighs 50% less than glass and provides 20 times more strength which is estimated to drive the Automotive Glazing Market for polycarbonate.Browse in-depth TOC on "Automotive Glazing Market"198 – Tables63 – Figures251– PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133207870“Passenger car to be the largest market for automotive glazing, by vehicle type”Passenger cars include vehicles such as hatchback, SUVs, and sedans.
According to OICA, the production of passenger cars accounted for the maximum share of the total global vehicle production for all the regions including in 2020 and is expected to dominate during the forecast period.
Applications such as sunroof and rear quarter glass, which are used mainly in passenger cars, are estimated to have a high potential for polycarbonate installation.
As polycarbonate usage in glazing will reduce the vehicle weight by 20–25 kg, it will have a huge impact on the BEV range.
Increasing sales of BEVs coupled with the increasing penetration of polycarbonate glazing applications will result in BEV being the fastest-growing segment.Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=133207870“Asia Oceania expected to be the largest Automotive Glazing Market”Asia Oceania is the largest Automotive Glazing Market and is expected to retain its position during the forecast period.