Research and Markets has announced the addition of the “China Automotive Glass Industry Report, 2016-2020” report to its offering.
China’s automotive glass market size reached 110 million square meters in 2015, with a CAGR of 7.9% compared with 2011. With the slowdown in the automobile market in the future, the automotive glass market will decelerate, at a CAGR of 5.9% in the next five years. By 2020, the market size is expected to reach 146 million square meters.
Chinese automotive glass market is mainly divided into the supporting market and the maintenance & replacement market. The supporting market shared about 88.3% of the whole automotive glass market in 2015, but the demand herein will decline in the future with the falling automobile output growth; the maintenance & replacement market occupied about 11.7%, while the demand herein will jump with China’s rising car ownership and extended car service life.
In terms of products, the current mainstream automotive glass still centers on tempered glass and laminated glass. With higher requirements of drivers and passengers on safety and comfort as well as in-depth applications of optical, mechanical and other technologies in glass products, special function glass has been more and more popular in the market.
As for competitive landscape, Chinese auto parts supporting market has entered into a relatively stable stage with high concentration after years of development. Fuyao Glass seized 63% market share exclusively in 2015 and has established relationship with most of major Chinese automakers to support a wide range of passenger cars and commercial vehicles. Asahi Glass (AGC) enjoyed 12% market share in 2015, serving passenger cars under Japanese brands.
Saint-Gobain that mainly targets European passenger cars ranked third by market share. The followers – Xinyi Glass, NSG, Shanghai Yaohua Pilkington Glass and other companies held the respective market share of less than 10%, mainly involved with passenger cars; other manufacturers mainly focus on low-grade commercial vehicle supporting and replacement markets.
•BSG Auto Glass Co., Ltd.
•Changzhou Changjiang Glass Co., Ltd.
•Fuyao Glass Industry Group Co., Ltd.
•Guangzhou Dongxu Automobile Glass Co., Ltd.
•Hebei Tongyong Glass Industrial Co., Ltd.
•Jiangsu Tiemao Glass Co., Ltd.
•Ming Chi Glass Co., Ltd.
•Nanjing Yunhai Automobile Glass & Equipment Manufacturing Co., Ltd.
•SYP Kangqiao Autoglass Co., Ltd.
•Shandong Jinjing Science & Technology Stock Co., Ltd.
•Shanghai Yaohua Pilkington Glass Group Co., Ltd.
•Shanxi Lihu Glass (Group) Co., Ltd.
•Taiwan Glass Ind. Corp.
•Xinyi Glass Holdings Limited
For more information about this report visit http://www.researchandmarkets.com/research/64xc5h/china_automotive