Market Forecast By Type (Laminated, Tempered), By Application (Windshield, Sidelite & Backlite, Side & Rearview Mirror), By Smart Glass (Technology, Application), By Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles, Electric Vehicles) And Competitive Landscape
Product Code: ETC4565464 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Mexico Automotive Glass Market |
Forecast period | 2025-2031 |
CAGR | 7.4% |
Growing Sector | EVs |
The Mexico Automotive Glass Market Report thoroughly covers the market by Type, Application, Smart Glass, Vehicle Type. The Mexico Automotive Glass Market Outlook report provides an unbiased and detailed analysis of the ongoing Mexico Automotive Glass Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Mexico Automotive Glass Market is witnessing prominent growth and is expected to grow more in the future. This growth can be attributed to the strong demand for new vehicles. Along with this the rising disposable income and changing consumer preferences, technological advancements and the government initiatives also lead to the growth of the Mexico Automotive Glass Market.
According to 6Wresearch, Mexico Automotive Glass Market is projected to rise at a CAGR of 7.4% during the period of 2025-2031. One of the major drivers in the growth of Mexico Automotive Glass Market is the strong demand for new vehicles which is due to the Mexico’s robust and expanding automotive sector, as the demand for new vehicles continues to surge, there is a corresponding rise in the requirement for automotive glass. Additionally, Mexico’s expanding middle class and evolving consumer preferences have fuelled increased demand for personal vehicles. Consequently, the automotive glass market has experienced growth due to this shift. Furthermore, Mexico’s automotive sector, with its cutting-edge manufacturing capabilities, swiftly embraces new technologies. As a result, vehicle production now includes advanced features like smart windshields and head-up displays, necessitating specialized automotive glass which in turn propels the growth of the market.
However, there are also some challenges faced by the Mexico Automotive Glass Market, such as the environmental concerns related to the production and disposal of automotive glass due to which manufacturers are under pressure to find sustainable solutions and reduce their carbon footprint, which can add costs to their operations and this in turn hampers the growth of the market. Additionally, the cost of raw materials used in manufacturing automotive glass, such as silica and soda ash, can be volatile which can affect the profitability of manufacturers and lead to higher prices for consumers and this in turn limits the Mexico Automotive Glass Market Growth.
Some Key Players in the Mexico Automotive Glass Industry includes Vitro, AGC Inc., Fuyao Glass Industry Group Co. Ltd., Saint-Gobain, and Nippon Sheet Glass Co. Ltd. These companies have a strong presence in the market and are constantly investing in research and development to stay ahead in the market and meet the changing demands of consumers.
The government plays a pivotal role in the growth of the Automotive Glass Market in the country. The government initiatives such as offering tax incentives and subsidies to attract foreign direct investment in the automotive sector which in turn fuels the demand of the automotive glass market in Mexico. Additionally, the government has set a target to have 4 million electric and hybrid vehicles on Mexican roads by 2031 which presents an opportunity for manufacturers to develop and supply advanced automotive glass for these vehicles and this in turn drives the growth of the market. Furthermore, establishment of programs by the government to support research and development in the automotive industry, which lead to innovations and advancements in automotive glass technology, propels the growth of the market.
Mexico Automotive Glass Market is witnessing significant growth which can be attributed to the strong demand for new vehicles. Along with this the rising disposable income and changing consumer preferences, technological advancements, and the government initiatives such as setting up a target to have 4 million electric and hybrid vehicles on Mexican roads by 2031 which presents an opportunity for manufacturers to develop and supply advanced automotive glass for these vehicles, will drive the growth of the Mexico Automotive Glass Market in coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the laminated segment is expected to hold the dominant position in the industry and will continue to grow in the coming years due to its increasing adoption in modern vehicles due to its safety features such as shatter resistance and improved impact resistance. Moreover, the growing demand for technologically advanced vehicles further leads to the growth of this segment.
Based on Application, the windshield segment is projected to lead the Mexico Automotive Glass Market Share in the coming years due to the increasing production of vehicles and rising demand for advanced windshields with features like HUD (Heads Up Display) technology, solar reflective properties, and improved durability. Moreover, as safety regulations become stricter, manufacturers are also focusing on developing advanced windshield technology which further drives the growth of this segment.
Based on Smart Glass, the technology segment is growing at pronounced growth rate due to the increasing demand for advanced technology in vehicles, such as Heads-Up Displays (HUD) and solar reflective properties. Moreover, as consumers become more conscious of safety and energy efficiency, the adoption of smart glass technology is expected to increase, further driving the growth of this segment.
Based on Vehicle Type, the passenger car is leading the market in terms of revenue and will continue to grow in the coming years due to the increasing demand for passenger vehicles, along with advancements in technology and safety features. Moreover, as consumers become more conscious of safety and comfort while driving, manufacturers are investing in advanced automotive glass technology for passenger cars which further leads to the growth of this segment.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Automotive Glass Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Automotive Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Automotive Glass Market - Industry Life Cycle |
3.4 Mexico Automotive Glass Market - Porter's Five Forces |
3.5 Mexico Automotive Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Mexico Automotive Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Mexico Automotive Glass Market Revenues & Volume Share, By Smart Glass, 2021 & 2031F |
3.8 Mexico Automotive Glass Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Mexico Automotive Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight vehicles to improve fuel efficiency |
4.2.2 Growing automotive industry in Mexico leading to higher production volumes |
4.2.3 Rising focus on safety features in vehicles driving demand for advanced automotive glass technologies |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Economic uncertainties affecting consumer purchasing power |
4.3.3 Competition from alternative materials such as polycarbonate impacting market growth |
5 Mexico Automotive Glass Market Trends |
6 Mexico Automotive Glass Market, By Types |
6.1 Mexico Automotive Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Automotive Glass Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Mexico Automotive Glass Market Revenues & Volume, By Laminated, 2021 - 2031F |
6.1.4 Mexico Automotive Glass Market Revenues & Volume, By Tempered, 2021 - 2031F |
6.2 Mexico Automotive Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Mexico Automotive Glass Market Revenues & Volume, By Windshield, 2021 - 2031F |
6.2.3 Mexico Automotive Glass Market Revenues & Volume, By Sidelite & Backlite, 2021 - 2031F |
6.2.4 Mexico Automotive Glass Market Revenues & Volume, By Side & Rearview Mirror, 2021 - 2031F |
6.3 Mexico Automotive Glass Market, By Smart Glass |
6.3.1 Overview and Analysis |
6.3.2 Mexico Automotive Glass Market Revenues & Volume, By Technology, 2021 - 2031F |
6.3.3 Mexico Automotive Glass Market Revenues & Volume, By Application, 2021 - 2031F |
6.4 Mexico Automotive Glass Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Mexico Automotive Glass Market Revenues & Volume, By Passenger Car, 2021 - 2031F |
6.4.3 Mexico Automotive Glass Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.4.4 Mexico Automotive Glass Market Revenues & Volume, By Heavy Commercial Vehicles, 2021 - 2031F |
6.4.5 Mexico Automotive Glass Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
7 Mexico Automotive Glass Market Import-Export Trade Statistics |
7.1 Mexico Automotive Glass Market Export to Major Countries |
7.2 Mexico Automotive Glass Market Imports from Major Countries |
8 Mexico Automotive Glass Market Key Performance Indicators |
8.1 Average selling price of automotive glass products |
8.2 Adoption rate of advanced automotive glass technologies in new vehicles |
8.3 Number of new vehicle models incorporating automotive glass innovations |
9 Mexico Automotive Glass Market - Opportunity Assessment |
9.1 Mexico Automotive Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Mexico Automotive Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Mexico Automotive Glass Market Opportunity Assessment, By Smart Glass, 2021 & 2031F |
9.4 Mexico Automotive Glass Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Mexico Automotive Glass Market - Competitive Landscape |
10.1 Mexico Automotive Glass Market Revenue Share, By Companies, 2024 |
10.2 Mexico Automotive Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |