Automotive Polycarbonate Glazing Market : Opportunity Analysis and Industry Forecast upto 2025
The global market for automotive polycarbonate glazing displays high growth potential with the increasing demand for fuel-efficient vehicles across the world. With rising pollution levels and exhaustion of conventional fuel resources, the demand for energy efficiency and reduced fuel consumption is driving adoption of polycarbonates for automotive glazing. This is because use of polycarbonates reduces vehicle weight, which in turn, improves fuel efficiency and reduces vehicular emission. Polycarbonates are plastics that at contain the chemical carbonate group. They are transparent like glass and are flexible having high thermal resistance. Polycarbonates are used in plastic lens in eyewear, CDs, DVDs, medical devices, and exterior lighting fixtures among others. A major opportunity in the market for automotive polycarbonate glazing is the rising acceptance of electric and hybrid vehicles. Automobile giants such as Volvo Car Corp. BMW AG, and Daimler AG have plans to increase production of electric vehicles in the forthcoming years. Polycarbonate glazing is useful in reducing weight of electric vehicles, which in turn, helps improve fuel efficiency and reduce vehicular emission. Another major opportunity for automotive polycarbonate glazing is for automotive lighting. Obtain Report Details @ http://www.transparencymarketresearch.com/automatic-polycarbonate-glazingmarket.html Transport regulations in developed regions is a major restraint to the automotive polycarbonate glazing market. For example, the transport regulation in the U.S. under the Federal Motor Vehicle Safety Standards (FMVSS) 205 specify only laminated and tempered glass in automotive glazing. Polycarbonate materials are not scratch resistant and need to be coated with special coating chemicals through plasma coating or wet coating technology. This increases the cost of glazing in automobiles when polycarbonate materials are used. In terms of application, the market is segmented into front windshield, rear windshield, side window, and sunroof. Amongst these, side window segment contributed the dominating revenue