Rapid development of automotive glass industry may intensify competition in the future

As a major element of the car body, automotive glass can account for 3% of the entire vehicle. Automotive glass is generally used in the automotive glass and maintenance industry. Therefore, the demand for automotive glass is in production, and revenue and quantity are closely related. In 2009, global car sales decreased by 4.2%. Due to the decline in international auto demand, the global automotive glass market is slowly declining. In spite of this, the continuous increase in car ownership provides a large room for growth in automotive glass. The global automotive glass market is in monopoly form, of which Asahi accounts for a quarter. In addition there are many glass giants, such as Saint-Gobain, Nippon Sheet Glass, etc. also occupy a large share.

In 2009, China's total automobile manufacturing volume was 13.79 million, an increase of 48.30%. China's auto glass market has its own quality. Through third-party certification, the average enterprise can obtain three-year orders from buyers. China's automotive glass industry has emerged many manufacturers, and in the next few years, their competition will focus on quality and service.