Automotive Films Market is estimated to be very slow in growth. The Asia Pacific region is leading the Automotive Films Market and is anticipated to grow during the forecast period of 2019 – 2024.
Spandex has expanded its automotive wrap film range with the launch of Arlon Fusion Wrap, which has been specially designed for vehicle wraps and appropriate for fleet work.
3M, the science-based technology company, has identified one of its long-term vehicle graphics specialists, Wrap Cube, by selecting it as a Select Gold Partner. The Gold Partner appointment acknowledges Wrap Cube’s support for its vehicle wrapping and fleet graphics activities.
3M has debuted its Print Wrap Film IJ175Cv3. The 2-mil cast-vinyl film is repositionable, with low beginning tack and pressure-activated Comply v3 Adhesive. 3M’s Gloss Wrap Overlaminate 8418G is engineered to conform to compound curves and is great for vehicle and boat wraps, the company says. And 3M added eight new colors to its popular IJ180Cv3 line.
The Automotive Films Market was valued at USD 6.83 Billion in 2019 and is projected to reach USD 8.24 Billion by 2024, at a CAGR of 6.84% from 2019 to 2024.
Automotive Films Market Drivers & Restraints:
The main reason supporting and driving the development of the automotive film market is the security features of the vehicles. Further, the expanding interest for sun oriented security films is additionally a central point driving the development of the worldwide automotive films market. Another factor in charge of the developing interest for the automotive film is the minimal effort when contrasted with that of paints.
The significant difficulties are guidelines in nations in regard to tinted glass. The instructions are a consequence of concerns identified with traveler wellbeing in public vehicles and national security.
Market Taxonomy:
By geography, the Automotive Films Market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. Asia-Pacific was the biggest market for automotive films in 2018. As indicated by the International Organization of Motor Vehicle Manufacturers, Asia-Pacific is the biggest market for passenger cars and business vehicles over the globe. The automotive films market in Asia-Pacific is anticipated to observe the highest development during the forecasted time frame, attributable to the rising way of life in the area, which is required to support the interest for passenger cars during the estimated time frame. Moreover, government activities and strategies to draw investments from different universal organizations to extend the automotive business will likewise support the development of the market in the region.
Key Market Players:
3M Company (U.S.)
Akzo Nobel N.V.
Eastman Chemical Company (U.S.)
Ergis S.A.
Avery Dennison Corporation (U.S.)
Garware Polyester Limited
Lintec Corporation (Japan)
Hexis S.A.
Saint-Gobain Performance Plastics (France)
Johnson Window Film Inc.
Nexfil Co, Ltd.
Xpel Technologies Corp.
Zeofilms
Window Films
Madico, Inc.
Kay Premium Marking Films Ltd
Renolit Group
Prestige Film Technologies.
Enhancing comfort, supporting to protect vehicle interiors and blocking UV rays are trademarks of 3M Automotive Window Films. 3M has issued the first sun protective window film patent in 1966, and its innovative window film products have benefited protect from the sun’s harmful rays for more than fifty years.
Research Report Key Highlights:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Window Films
5.1.3 Wrap Films
5.1.4 Paint Protection Films
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Vehicle Type
5.2.1 Introduction
5.2.2 Passenger Cars
5.2.3 Commercial Vehicles
5.2.4 Y-o-Y Growth Analysis, By Vehicle Type
5.2.5 Market Attractiveness Analysis, By Vehicle Type
5.2.6 Market Share Analysis, By Vehicle Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Vehicle Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Vehicle Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Vehicle Type
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 3M Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Akzo Nobel N.V.
8.3 Eastman Chemical Company
8.4 Ergis S.A.
8.5 Avery Dennison Corporation
8.6 Garware Polyester Limited
8.7 Lintec Corporation
8.8 Hexis S.A.
8.9 Saint-Gobain Performance Plastics
8.10 Johnson Window Film Inc.
8.11 Nexfil Co, Ltd.
8.12 Xpel Technologies Corp.
8.13 Zeofilms
8.14 Global Window Films
8.15 Madico, Inc.
8.16 Kay Premium Marking Films Ltd
8.17 Renolit Group
8.18 Prestige Film Technologies
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
