Research on Automotive
Glass Market in China, 2014-2018 mainly analyzes China's automotive glass
industry in the aspects of current market status, supply & demand,
competition landscape, and business performance of major enterprises both home
and abroad, meanwhile offers suggestions concerning the industry, so as to make
entrepreneurs get a better understanding of this industry and make a wiser
decision with the help of the business references.
Automotive glass is an
important component of automobile, accounting for about 3% of the total weight
of automobile. It is mainly supplied by OE (Original Equipment) market and AGR
aftermarket and therefore, the demand of automotive glass has a close
relationship with the output, sales volume and ownership of automobile. As
China's automobile industry enters into high-speed development era, the demand
of automotive glass in China has increased at an average speed of 20% every
year. Now, China has become the world biggest automotive glass manufacturing
country, with over 200 automotive glass enterprises and the output of
automotive glass has reached about 83 million weight cases (one weight case
equals to 50kg).
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In terms of the major
automotive glass consumption markets in the world, European Union, North
America, Japan, China and South Korea has respectively taken up 34%, 26%, 19%,
9% and 5% of the world market, and together accounted for 93%.
At present, apart from
several automotive glass enterprises that have a large scale in China, many
enterprises are relatively small in scale and have low product quality. Fuyao
Group and Xinyi Glass Holdings Limited are large scale enterprises, leading the
industry in China. Although there are other relatively large-scale enterprises,
their performances are hard to compete with the former two. As a leading
enterprise in China's automotive glass industry, Fuyao Group is the biggest
automotive glass manufacturer in China, taking up 10% of the global share and
having a lion's share (60%) in China's OE (Original Equipment) market.
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