Middle East and Africa Automotive Aftermarket Glass Market Size

MEA Automotive Aftermarket Glass Market Analysis

The Middle East & Africa automotive afterglass glass market is expected to register a CAGR of more than 5 %, during the forecast period, 2020-2025.

With an increase in the demand in the automobile sector, year after year, the components used to build a vehicle are expected to be consumed more. The growth in the market is primarily driven by the increasing tilt angle in windshields, for greater viewing angles, as well as the increasing demand for sunroofs. The increasing casualty rates in automobile accidents, globally, has brought automobile safety under the focus. This also has emerged as a driver for the automotive glass market, as automobile manufacturers are pushing the OEMs to manufacture glass, with much higher safety standards, for all vehicle segments.

Technological advancements in the automotive industry help attain maximum fuel efficiency and safety of the passengers. This, in turn, has influenced the manufacturers to engage in extensive R&D, which is expected to fuel the growth of the automotive glass market. Lightweight properties, along with better security, are the key factors that are stimulating product penetration in the industry. The North American and European markets are the leaders and are improvising on the technology in the automotive glass sector, such as smart glass. Smart glass products featuring value-added functions, such as improving driving efficiency, comfort, and safety through head-up displays (HUDs), are also factors that are driving the market. The main players in this market include Asahi Glass, Fuyao, Benson Auto Glass, Saint-Gobain, and others.