October 8, 2024

Automotive Aftermarket Glass Market Size To Rake USD 4.88 Bn By 2032

The global automotive aftermarket glass market size was valued at USD 2.94 billion in 2023 and is expected to reach around USD 4.88 billion by 2032, at a CAGR of 5.80% during the forecast period from 2023 to 2032.

Automotive Aftermarket Glass Market Size 2023 To 2032

Key Takeaways

  • Asia-Pacific contributed more than 54% of market share in 2022.
  • North America is estimated to expand at the fastest CAGR between 2023 and 2032.
  • By product, the tempered glass segment has held the largest market share of 51% in 2022.
  • By product, the laminated glass segment is anticipated to grow at a remarkable CAGR of 6.2% between 2023 and 2032.
  • By vehicle type, the passenger cars segment generated over 66% of market share in 2022.
  • By vehicle type, the light commercial vehicles (LCV) segment is expected to expand at the fastest CAGR over the projected period.
  • By application, the sidelite segment generated over 33% of the market share in 2022.
  • By application, the backlite segment is expected to expand at the fastest CAGR over the projected period.

The automotive aftermarket glass market report offers an exclusive study of the present state expected at the market dynamics, opportunities, market scheme, growth analysis and regional outlook. The report presents energetic visions to conclude and study the market size, market aspiration, and competitive environment. The research also focuses on the important achievements of the market, research & development, and regional (country by country) growth of the leading vendors operating in the market

The study offers intricate dynamics about different aspects of the global automotive aftermarket glass market, which aids companies operating in the market in making strategies development decisions. The study also elaborates on remarkable changes that are highly anticipated to configure growth of the global automotive aftermarket glass market during the forecast period. It also includes a key indicator analysis that highlights growth prospects of this market and approximate statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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Automotive Aftermarket Glass Market Scope

Report CoverageDetails
Growth Rate from 2023 to 2032CAGR of 5.80%
Market Size in 2023USD 2.94 Billion
Market Size by 2032USD 4.88 Billion
Largest MarketAsia Pacific
Base Year2022
Forecast Period2023 to 2032
Segments CoveredBy Product, By Vehicle Type, and By Application
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

This study covers an elaborate segmentation of the global automotive aftermarket glass market, along with important information and a competition outlook. The report mentions company profiles of players that are currently influence the global automotive aftermarket glass market, wherein various developments, expansions, and winning strategies practiced and execute by leading players have been presented in detail.

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Recent Developments

  • In May 2022, NSG Group announced plans to integrate its automotive glass business in China with SYP Kangqiao Autoglass Co., Ltd., a leading Chinese automotive glass manufacturer. This strategic move is aimed at bolstering NSG Group’s capacity to meet the growing demands of Chinese automobile manufacturers, reinforcing its position in the market.
  • In March 2022, LKQ Corporation finalized an agreement with One Equity Partners to sell PGW Auto Glass, a prominent distributor of aftermarket glass in North America. With an extensive network of over 100 distribution branches and a customer base exceeding 27,000 in the U.S. and Canada, PGW Auto Glass utilizes a fleet of 500 vehicles to efficiently deliver a range of automotive products, including windshields and tempered glass, to over 9,000 installation customers.
  • In March 2019, North American automotive-glass manufacturer Vitro committed a significant investment of USD 60 million to advance cutting-edge technologies. This strategic investment, focused on the North American market, aimed to reinforce Vitro’s position as a premier supplier to original equipment manufacturers (OEMs) and aftermarket customers, showcasing the company’s commitment to innovation and market leadership.

Automotive Aftermarket Glass Market Companies

  • Saint-Gobain
  • AGC Inc.
  • Nippon Sheet Glass Co., Ltd. (NSG Group)
  • Fuyao Glass Industry Group Co., Ltd.
  • Magna International Inc.
  • Xinyi Glass Holdings Limited
  • Guardian Industries
  • Corning Incorporated
  • Vitro, S.A.B. de C.V.
  • PPG Industries, Inc.
  • Shenzhen Benson Automobile Glass Co., Ltd.
  • Asahi Glass Co., Ltd.
  • Central Glass Co., Ltd.
  • Webasto SE
  • Carlex Glass America LLC

Segments Covered in the Report

By Product

  • Tempered Glass
  • Laminated Glass
  • Others

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Application

  • Windscreen
  • Backlite
  • Sidelite
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Research Methodology

The research methodology acquire by analysts for assemble the global automotive aftermarket glass market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts study numerous annual report declaration, white papers, market association declaration, and company websites to obtain the necessary understanding of the global automotive aftermarket glass market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automotive Aftermarket Glass Market 

5.1. COVID-19 Landscape: Automotive Aftermarket Glass Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automotive Aftermarket Glass Market, By Product

8.1. Automotive Aftermarket Glass Market Revenue and Volume, by Product, 2023-2032

8.1.1 Tempered Glass

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Laminated Glass

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Others

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Automotive Aftermarket Glass Market, By Vehicle Type

9.1. Automotive Aftermarket Glass Market Revenue and Volume, by Vehicle Type, 2023-2032

9.1.1. Passenger Cars

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Light Commercial Vehicles

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Heavy Commercial Vehicles

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Automotive Aftermarket Glass Market, By Application 

10.1. Automotive Aftermarket Glass Market Revenue and Volume, by Application, 2023-2032

10.1.1. Windscreen

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Backlite

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Sidelite

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Others

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Automotive Aftermarket Glass Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Saint-Gobain

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. AGC Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Nippon Sheet Glass Co., Ltd. (NSG Group)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Fuyao Glass Industry Group Co., Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Magna International Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Xinyi Glass Holdings Limited

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Guardian Industries

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Corning Incorporated

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Vitro, S.A.B. de C.V.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. PPG Industries, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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