Drive into the Future: The Growing Automotive Aftermarket Glass Market
The global automotive aftermarket glass market size is expected to reach USD 4.31 billion by 2030, registering a CAGR of 5.8% during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for sidelites in the vehicles on account of increasing number of accidents is projected to fuel the growth. Tempered and laminated are the majorly used glass types in the automotive aftermarket. Tempered glass is used on account of its strength and low-cost and is largely utilized in sidelite and backlites. Sidelite held the largest market share in terms of volume, in 2022. The rising cases of road accidents are projected to drive the demand for automotive aftermarket glass in near future. Asia Pacific is anticipated to lead market growth on account of increasing number of vehicles and high frequency of road accidents, leading to increased demand for glass replacement. In July 2019, as per a survey conducted by the Thailand Health Promotion F...