Industrial, Manufacturing & Heavy Industry Market News

Research report on auto glass industry in China just published

Research report on auto glass industry in China just published

Auto Glass industry 2018-2022 market research report analysis on supply and demand in china's auto glass industry, major auto glass manufacturers, market competition status, production cost trend and price trend.

- Agency -.

As an important component of a vehicle, auto glass is mainly applied in new automobile manufacturing market and automobile repairing market. In this sense, demand of auto glass is closely related to the production volume and reserve volume of automobiles. 

China has been the largest automobile manufacturer and the largest distributor of new automobiles for 8 years since 2009. In 2016, the production volume of new automobiles reached 28.12 million, accounting for 29.6% of global production volume.

- Agency -.

The sales volume of automobiles reached approximately 28.03 million, accounting for 29.9% of global sales volume. In the same year, the automobile reserve volume was about 193 million in China, accounting for 14.5% of global reserve volume.

Increasing production and sales volumes as well as the reserve volume of automobiles bring huge growth potential to the auto glass market in China. 

Report at www.reportsnreports.com/contacts/.aspx?name=1225420

Global auto glass market is highly monopolized. Leading enterprises, such as AGC Group, NSG Group, Fuyao and Saint-Gobain, occupy most of the market shares. 

According to CRI, the market demand of China's auto glass industry increases at an average annual rate of above 10% owing to the rapid development of its automobile industry in recent years. In 2016, demand for auto glass in China exceeded 160 million square meters and the market size exceeded CNY 20 billion.

China experiences year-by-year increases in the export volume of auto glass, which is attributed to cost advantages of Chinese auto glass manufacturers over international competitors. In 2016, the export value of auto glass was USD 817 million in China with a trade surplus of USD 690 million.

From the perspective of the export value, top three export destinations of auto glass were the U.S., Japan and Germany, among which China exported auto glass of USD 263 million to the U.S. 
CRI analyzes some characteristics of the auto glass industry different from other automotive component industries. For example, the OEM market has high barriers to entry and long authentication circle.

It usually takes 2-3 years for enterprises to acquire whole vehicle supporting orders. whole vehicle manufacturers require high-standard R&D, logistics supply, product quality and manufacturing techniques while OEM market has large demand and a high concentration rate.

The cooperation usually lasts long once established.

Report at www.reportsnreports.com/contacts/.aspx?name=1225420

In China, despite a variety of domestic automobile brands, a single type of automobiles is produced in a small volume, which demands auto glass in a small batch and multi categories. With the development of auto glass manufacturing techniques and increasing demand of driving experience and functions, there is a rising trend of unit demand for auto glass.

In the 1990s, each automobile needed less than 3 square meter auto glass on average, while this figure exceeds 5 square meters in 2017. The increase in the average consumption of auto glass is mainly caused by increased inclination of front windshield for broader vision and prevalence of auto sunroof. 

By the end of 2017, the average automobile reserve volume will be less than 200 per 1,000 people in China, far lower than the figure of 600-900 per 1,000 people in developed countries. Both Chinese automobile market and Auto Glass Market have huge development potentials as economy develops.

From 2017 to 2021, the annual growth rate of China's auto glass demand is expected to remain above 10%. 

According to CRI, the CAGR of global automobile production volume is expected to reach 3.0% and the CAGR of global automobile reserve volume is estimated to approach 3.6% from 2017 to 2021. It can be forecasted that automobile aftermarket will play an important role in the development of auto glass market with the growth rate of global automobile production volume slowing down. 

Report at www.reportsnreports.com/.aspx?name=1225420

Table of Contents:

Chapter ONE Relevant Concepts of Auto Glass Industry

Chapter TWO Development Environment of Auto Glass Industry in China, 2013-2017

Chapter THREE Development Status of Auto Glass Industry in China, 2013-2017

Chapter FOUR Competition Status of Auto Glass Industry in China, 2015-2017

Chapter FIVE Major Auto Glass Manufacturers in Global Market, 2015-2017

Chapter SIX Prospect of Auto Glass Industry in China, 2018-2022

Selected Charts (Data Updated on a Quarterly Basis)
Chart Industry Chain of Auto Glass 
Chart Major Auto Glass Manufacturers and Clients in Global Market
Chart Relevant Policies in China Auto Component Industry
Chart Relevant Policies and Regulations in China Glass Fiber Manufacturing Industry
Chart Production of Auto Glass in China, 2012- 2016
Chart Market Size of Auto Glass in China, 2012- 2016
Chart Trend of Consumption of Auto Glass per Vehicle
Chart Size of Auto Glass OEM Market in China, 2013-2017
Chart Size of Auto Glass Aftermarket in China, 2013-2017
Chart Export of Auto Glass in China, 2015-2016
Chart Cost Constitution of Auto Glass
Chart Price Trend of Raw Materials of Auto Glass
Chart Price Trend of Auto Glass
Chart Operating Revenue of Auto Glass in Fuyao, 2013-2017
Chart Operating Revenue of Auto Glass in XYG, 2013-2017
Chart Operating Revenue of Auto Glass in SYP, 2013-2017
Chart Forecast on Production Volume of Auto Glass in China, 2018-2022
Chart Forecast on Market Size of Auto Glass Industry in China, 2018-2022
Chart Forecast on Size of Auto Glass OEM Market in China, 2018-2022

News From

ReportsnReports - Industry Trends & ForecastsReportsnReports
Category: Market Research Publishers and RetailersCompany profile: ReportsnReports.com provides market research reports to industries, individuals and organizations with an objective of helping them in their decision-making process. Our library of 400,000+ industry & country research reports covers 5000+ micro markets.