January 25, 2021

East Asia to Remain Prolific in Automotive Glass Market, CAGR to Rise at 4% through 2030

Automotive glass market is showing promising growth due to in numerous demand in electric car segment and other industries. East Asia is set to boost their production in the upcoming years with lucrative opportunities for manufacturers too.

DUBAI, UAE / ACCESSWIRE / October 14, 2020 / The automotive glass market is likely to surpass US$ 16.8 billion through the forecast period. Manufacturers and key players are regularly focussing on expanding sales opportunities in the market which will in turn widen value and revenue, thereby, paving a path for opportunities. Tough competition between players and inadequate standardization might hinder market growth which can act as key restraints in the market.

ÔÇťAdvancement in technology and increasing demand in electric segments or car manufacturing companies is promoting the market. Cost efficiency and access to technologies plays a key role in shaping the market scenario. The escalating need for passenger vehicles and widening sales

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