Global Automotive Films Market By Films Type (Automotive Window Films, Automotive Wrap Films, Paint Protection Films, Tinting Films, NVH Film Laminates, Wrap Films), Vehicle Type (Passenger Cars, Commercial Vehicles), Application (Interior, Exterior), Function (Protection, NVH), Channel (Original Equipment Manufacturers (OEMs), Aftermarket) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2028 - Industry Trends and Forecast to 2028.
The increase in demand for mobile advertising across the globe acts as one of the major factors driving the growth of automotive films market. The increase in number of installation of automotive films as they provide protection against harmful sun radiation and lower the cost of energy, and rise in demand for components such as adhesives, scratch-resistant coating, alloys, UV inhibitors, release liner, polyester sheet, dyes, and metals, for enhancing the durability and performance of window tints accelerate the market growth. The surge in demand for interior application of the product owning to increasing demand for tinting films and NVH film laminates, and rise in concern for safety, security, and privacy, further influence the market. Additionally, industrialization, increase in demand for paint protection owing to higher maintenance costs, and growth in consumer awareness positively affect the automotive films market. Furthermore, rise in demand for passenger cars and improving standard of living extends profitable opportunities to the market players in the forecast period of 2021 to 2028.On the other hand, high cost associated with installation is expected to obstruct the market growth. Stringent regulations for automotive films in various countries are projected to challenge the automotive films market in the forecast period of 2021-2028.
Automotive Films Market is expected to witness market growth at a rate of 5.15% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product from the automotive sector globally is escalating the growth of automotive films market. The automotive film refers to a thin laminate that is utilized to the interior and exterior of a vehicle offering enhanced security and privacy to the passenger or owner of the vehicle. Automotive are often made of various materials such as polyester, polystyrene, polycarbonate, and polyvinyl chloride, among others. These films enhance the overall appearance of the vehicle and block solar ultraviolet radiations providing comfort by reducing glare from the sun. This automotive films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on automotive films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Segmentation: Global Automotive Films Market:
By Vehicle Type:
Passenger Cars
Commercial Vehicles
By Application
Interior
Exterior
By Function:
Protection
NVH
By Films Type:
Automotive Window Films
Dyed Films
Metallized Films
Hybrid Films
Ceramic Films
Automotive Wrap Films
Paint Protection Films
Tinting Films
NVH Film Laminates
Wrap Films
By Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
Key Developments in the Market:
In June 2019, Eastman Performance Films, LLC had launched LLumar IRX Series of automotive window tints. It produces exceptional heat rejection comparatively to dyed, metallized and lower-performing ceramic films with the identical shade of darkness. This product launch will expand the product portfolio and network of the dealers. In October 2018, Avery Dennison Corporation had launched SPF-XI Supreme Protection film. It offers self-healing performance. It enables a vehicle’s look while enabling resale value by shielding the paint from ugly damage. It protects the car from road debris, weathering, stone chips, insect stains and minor abrasions without degrading a vehicle’s finish. This product launch had expanded the product portfolio and market share of the company.
Competitive Analysis:
Global automotive films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of automotive films market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.
Major Market Competitors/Players:
Few of the major competitors currently working in the global automotive films market are 3M, Madico Inc., Solar Screen, Geoshield, NEXFIL, LINTEC Corporation, Eastman Chemical Company, Zeofilms, Ergis, AVERY DENNISON CORPORATION, Johnson Window Films Inc., Arlon Graphics LLC, ADS Window Films Ltd, ALLPRO WINDOW FILMS, HEXIS S.A., Garware Suncontrol., STARTEK, TORAY INDUSTRIES, INC., Sun Tint, FILMTACK PTE LTD., Global Window Films and Saint-Gobain Performance Plastics among others.
Table of Content:
Market Overview: The report begins with this section where product overview and highlights of product and application segments of the Automotive Films Market are provided. Highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
Competition by Company: Here, the competition in the Worldwide Automotive Films Market is analyzed, by price, revenue, sales, and market share by company, market rate, competitive situations Landscape, and latest trends, merger, expansion, acquisition, and market shares of top companies.
Company Profiles and Sales Data: As the name suggests, this section gives the sales data of key players of the Automotive Films Market as well as some useful information on their business. It talks about the gross margin, price, revenue, products, and their specifications, type, applications, competitors, manufacturing base, and the main business of key players operating in the Automotive Films Market.
Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the Automotive Films Market is deeply analyzed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.
Application or End User: This section of the research study shows how different end-user/application segments contribute to the Automotive Films Market.
Market Forecast: Here, the report offers a complete forecast of the Automotive Films Market by product, application, and region. It also offers global sales and revenue forecast for all years of the forecast period.
Research Findings and Conclusion: This is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Capture Global Automotive Films Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Automotive Films Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model.
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