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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