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), Distribution Channel (Original Equipment Manufacturers (OEMs), Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The 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.
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.
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.
Automotive Films Market Scope and Market Size
The automotive films market is segmented on the basis of film type, vehicle type, application, function, and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of film type, the automotive films market is segmented into automotive window films, automotive wrap films, paint protection films, tinting films, NVH film laminates, and wrap films.
- On the basis of vehicle type, the automotive films market is segmented into passenger cars and commercial vehicles.
- On the basis of application, the automotive films market is segmented into interior and exterior.
- On the basis of function, the automotive films market is segmented into protection and NVH.
- Based on distribution channel, the automotive films market is segmented into Original Equipment Manufacturers (OEMs) and aftermarket.
Global Automotive Films Market Country Level Analysis
The automotive films market is analyzed and market size, volume information is provided by country, film type, vehicle type, application, function, and distribution channel as referenced above.
The countries covered in the global automotive films market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the automotive films market due to the rise in application of wraps for personalization of the vehicles within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the rise in consumer awareness with respect to the benefits offered by the product in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import-export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Films Market Share Analysis
The automotive films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive films market.
The major players covered in the automotive films market report 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, and FILMTACK PTE LTD., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.