Research and Markets: Annual Growth Rate of China Auto Glass Market Expected to Remain Above 15% between 2014-2018

As an important accessory, auto glass accounts for 3% of the total vehicle weight. It is mainly used in new vehicle manufacture and repair market. Demand for auto glass is closely related to the production and sales volume as well as reserve of automobiles. China remains the world's largest manufacturer and sales country of automobiles from 2009. Increasing production volume and reserve of automobiles bring huge growth potential in auto glass market in China, which is highly monopolized. Leading enterprises of auto glass, such as Asahi Glass Co., Ltd. and Saint-Gobain, occupy most of the market shares.

As automobile industry develops rapidly in recent years, average annual growth rate of the demand for auto glass remains above 20% in China. The demand exceeded 100 million square meters in 2013.

Companies Mentioned:

- Asahi Auto Glass (China) Co., Ltd.

- BSG Auto Glass Co., Ltd.

- Changchun Pilkington Safety Glass Co., Ltd.

- Changzhou Industrial Technical Glass Co., Ltd.

- CSG Holding Co., Ltd.

- FUYAO GLASS Corporation

- Guangzhou Dongxu Automobile Glass Co., Ltd.

- Guilin Pilkington Safety Glass Co., Ltd.

- Haian Yaohua Safety Glass Co., Ltd.

- Hebei Tongyong Glass Industrial Co., Ltd.

- Shanghai Yaohua Pilkington Glass Group Co., Ltd.

- Shanxi Lihu Glass (Group) Co.,Ltd.

- Wendeng Mingchi Safety Glass Co., Ltd.

- Wuhan Yaohua Safety Glass Co., Ltd.

- Xinyi Automobile Glass (ShenZhen) Co., Ltd.

For more information visit http://www.researchandmarkets.com/research/wg5zml/research_report

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Sector: Automotive Parts