GCC Automotive Glazing Market Outlook (2018 to 2032)
The above chart is GCC Automotive Glazing Market Outlook (2018 to 2032)
the gcc automotive glazing market has undergone several changes over the past few years and it is likely to further evolve in the coming years as well. the glazing industry is largely driven by technological advancements and market dynamics such as increasing demand for automotive glass, regulations imposed by governments and growth in automotive production. it is estimated that the gulf cooperation council (gcc) region’s automotive sector has witnessed slight yet substantial growth in recent years, with projections suggesting that the sector is likely to continue its steady growth trend in the coming decade. an important factor driving the growth of automotive glazing in the gcc region is the gradual adoption of stringent regulations and standards issued by governments across the region. for instance, bahrain has implemented mandatory regulations on automotive glazing in regards to transparency, abrasion, laminated glass, bending glass, and flecked glass. similarly, the united arab emirates (uae) has adopted regulations with respect to tint films to be used in the glazing of vehicle windows. the enforcement of these regulations has resulted in increased demand for oem-grade and aftermarket automotive glazing and is expected to contribute to the development of a larger market in the region. in addition, increasing investments in research and development of specialty and advanced automotive glazing, along with growing trends for lighter and more efficient automotive glazing technologies, are expected to further drive industry growth. advanced glazing technologies such as laminated glass, polymer-based glazing and thin-film glazing constitute major focus areas for manufacturers, and this trend is likely to continue in the near future. the availability of an efficient dealer network and a financial impetus for players in the aftermarket sector will continue to be the key trends in the sector. this is expected to result in higher depth and coverage of the dealers and retail stores in the region, thereby supporting the growth of the automotive glazing market in gcc. moreover, rising awareness regarding safety among customers is likely to further contribute to the growth of automotive glazing market in gcc region.