Market By Vehicle Type, Application, And Geography | Forecast 2019-2027
Triton’s study on the European automotive polycarbonate glazing market depicts the industry to grow at a stable pace at a CAGR of 7.79% in terms of revenue throughout the forecast period from 2019-2027.
The countries scrutinized in the report on Europe’s automotive polycarbonate glazing market are:
• The United Kingdom
• Germany
• France
• Italy
• Russia
• Spain
• Rest of Europe
The growing sales of automotives in the United Kingdom is expected to drive the demand for automotive polycarbonate glazing in the country. As per the International Organization of Motor Vehicle Manufacturers, 2.95 million new vehicles were sold in the UK in 2017, which increased from 2.29 million in 2010. Thus, growing sales of vehicles is expected to raise the demand for polycarbonate glazing given the growth in demand for lightweight glazing materials for reducing vehicular weight and improving the fuel efficiency. This would, in turn, fuel the growth of the market for automotive polycarbonate glazing in the UK.
The wide-scale adoption of lightweight technology drives the growth of the German automotive polycarbonate glazing market. Lightweight materials help enhance fuel efficiency, and thus are used in the automotive sector. As per the US Department of Energy, a 10% reduction in vehicular weight leads to about 6-8% increase in fuel efficiency. The light weight of the polycarbonate glazing materials is expected to raise the demand for the use of polycarbonate glazing in the automotive industry, thereby fueling the growth in the sales of automotives. As per sources, Germany leads in the sales of vehicles, with a record of 3.81 million vehicle units sold in 2017. The increased vehicle sales are expected to drive the growth of the automotive polycarbonate glazing market in Germany.
Covestro AG manufactures high-tech polymer materials for several end-user industries, including automotive and electronic, as well as, for other commercial purposes. It operates primarily in three segments: Polycarbonates, Polyurethanes, and Coatings. Established in 2015, Covestro AG has its headquarters in Leverkusen, Germany. In 2016, the company introduced the “hard coated polycarbonate film” it developed for automotive interiors to improve interior air quality. Adoption of third-party verification is expected to provide the company with opportunities to scale up its polycarbonate production to meet the increasing global demand.
1. AUTOMOTIVE
POLYCARBONATE GLAZING MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. SIDE
WINDOW IS A RAPIDLY GROWING APPLICATION OF THE AUTOMOTIVE POLYCARBONATE GLAZING
MARKET
2.2.2. PASSENGER
VEHICLE HAS THE MOST PROMINENT SHARE IN THE AUTOMOTIVE POLYCARBONATE GLAZING
MARKET
2.2.3. FRONT
WINDSHIELD IS THE LARGEST APPLICATION
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. INTENSITY
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
BUYING CRITERIA
2.7. MARKET
DRIVERS
2.7.1. RISING
POPULARITY OF LIGHTWEIGHT GLAZING
2.7.2. STRICT
CARBON EMISSION RULES & REGULATIONS DUE TO CLIMATE CHANGE
2.7.3. INCREASING
APPLICATION OF SUNROOFS IN CARS
2.8. MARKET
RESTRAINTS
2.8.1. REGULATIONS
RELATED TO THE USE OF POLYCARBONATE FOR WINDSCREENS
2.8.2. INCREASING
COST OF AUTOMOTIVE POLYCARBONATE GLAZING
2.9. MARKET
OPPORTUNITIES
2.9.1. RISING
TREND OF THE ELECTRIC VEHICLE MARKET
2.9.2. ADVANCEMENT
IN AUTOMOTIVE DESIGNS
2.10.
MARKET CHALLENGES
2.10.1.
UNSTABLE POLITICAL AND
TERRITORIAL SITUATION
3. AUTOMOTIVE
POLYCARBONATE GLAZING MARKET OUTLOOK – BY VEHICLE TYPE
3.1. PASSENGER
VEHICLE
3.2. COMMERCIAL
VEHICLE
4. AUTOMOTIVE
POLYCARBONATE GLAZING MARKET OUTLOOK – BY APPLICATION
4.1. SIDE
WINDOW
4.2. FRONT
WINDSHIELD
4.3. SUNROOF
4.4. REAR
WINDSHIELD
4.5. LARGE
WINDSCREEN
4.6. HYDROPHOBIC
GLAZING
4.7. HEAD-UP
DISPLAY
4.8. SWITCHABLE
GLAZING
5. AUTOMOTIVE
POLYCARBONATE GLAZING MARKET – EUROPE
5.1. UNITED
KINGDOM
5.2. GERMANY
5.3. FRANCE
5.4. SPAIN
5.5. ITALY
5.6. RUSSIA
5.7. REST
OF EUROPE
6. COMPETITIVE
LANDSCAPE
6.1. CHI MEI CORPORATION
6.2. IDEMITSU KOSAN CO. LTD
6.3. SABIC
6.4. ENGEL AUSTRIA GMBH
6.5. TEIJIN LTD
6.6. WEBASTO SE
6.7. RENIAS CO., LTD.
6.8. SUMITOMO CHEMICAL CO. LTD
6.9. TRINSEO S.A.
6.10. MITSUBISHI CHEMICAL CORPORATION
6.11. COVESTRO AG
6.12. KRD SICHERHEITSTECHNIK GMBH
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.1.1. OBJECTIVES
OF STUDY
7.1.2. SCOPE
OF STUDY
7.2. SOURCES
OF DATA
7.2.1. PRIMARY
DATA SOURCES
7.2.2. SECONDARY
DATA SOURCES
7.3. RESEARCH
METHODOLOGY
7.3.1. EVALUATION
OF PROPOSED MARKET
7.3.2. IDENTIFICATION
OF DATA SOURCES
7.3.3. ASSESSMENT
OF MARKET DETERMINANTS
7.3.4. DATA
COLLECTION
7.3.5. DATA
VALIDATION & ANALYSIS
TABLE 1: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY VEHICLE TYPE, 2019-2027 (IN $
MILLION)
TABLE 4: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY APPLICATION, 2019-2027 (IN $
MILLION)
TABLE 5: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY APPLICATION, 2018 & 2027 (IN %)
FIGURE 2: SIDE WINDOW
MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: PASSENGER
VEHICLE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 4: FRONT
WINDSHIELD MARKET, 2019-2027 (IN $ MILLION)
FIGURE 5: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 6: MARKET
ATTRACTIVENESS INDEX
FIGURE 7: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY PASSENGER VEHICLE, 2019-2027 (IN $
MILLION)
FIGURE 8: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY COMMERCIAL VEHICLE, 2019-2027 (IN $
MILLION)
FIGURE 9: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY SIDE WINDOW, 2019-2027 (IN $
MILLION)
FIGURE 10: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY FRONT WINDSHIELD, 2019-2027 (IN $
MILLION)
FIGURE 11: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY SUNROOF, 2019-2027 (IN $ MILLION)
FIGURE 12: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY REAR WINDSHIELD, 2019-2027 (IN $
MILLION)
FIGURE 13: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY LARGE WINDSCREEN, 2019-2027 (IN $
MILLION)
FIGURE 14: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY HYDROPHOBIC GLAZING, 2019-2027 (IN
$ MILLION)
FIGURE 15: EUROPE AUTOMOTIVE
POLYCARBONATE GLAZING MARKET, BY HEAD-UP DISPLAY, 2019-2027 (IN $ MILLION)
FIGURE 16: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, BY SWITCHABLE GLAZING, 2019-2027 (IN $
MILLION)
FIGURE 17: EUROPE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN
%)
FIGURE 18: UNITED
KINGDOM AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: GERMANY
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: FRANCE
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: SPAIN
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: ITALY
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: RUSSIA
AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: REST OF
EUROPE AUTOMOTIVE POLYCARBONATE GLAZING MARKET, 2019-2027 (IN $ MILLION)