“Automotive Polycarbonate Glazing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2025,”in terms of revenue, the Automotive Polycarbonate Glazing market was valued at US$ 1.49 Billion in 2016, and is expected to reach US$ 5.87 Billion by 2025, expected to grow at a CAGR of 16.5% from 2016 to 2025.
Automotive polycarbonate glazing shows a high growth potential along with the rise in demand of vehicles across the world. Polycarbonates are plastics which have polymers containing chemical carbonate groups. In the automotive sector, Polycarbonate materials are generally used in window or glazing installation. Polycarbonate materials are transparent glass having high thermal resistance. The use of polycarbonate reduces vehicle weight which in turn improves the vehicles fuel efficiency. Moreover, in recent days the increase in pollution level as creates the demand for reduced fuel consumption and energy efficiency acting as the driving factor for adoption of polycarbonate glazing in the automotive sector. Furthermore, the rise in demand for light weight materials and the market growth for automotive sunroofs have flourished the growth for global automotive polycarbonate glazing market. Thus polycarbonate glazing helps in creating a massive potential market for various applications and most of the automotive companies to adapt the technology in the coming years.