Automotive Films Market

Global Automotive Films Market Size (2023 to 2028)

The global automotive films market is expected to be valued at USD 7.30 billion in 2023 and is projected to reach a valuation of USD 10.16 billion by 2028, and is predicted to grow at a CAGR of 6.84% from 2023 to 2028.

MARKET DRIVERS AND RESTRAINTS:

The main reason for supporting and driving the development of the automotive film market is the security features of the vehicles. Further, the expanding interest in 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 in 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 well-being in public vehicles and national security.

REPORT COVERAGE:

 This market research report on the global automotive films market is segmented and sub-segmented into the following categories

Automotive Films Market - By Type:

• Window Films
• Wrap Films
• Paint Protection Films

Automotive Films Market - By Application:

• Construction Composites
• Medical Technology
• Cosmetics & Personal Care
• Automotive, Oil & Gas

Automotive Films Market - By Raw Material:

• Glass
• Ceramic
• Fly Ash
• Polymer
• Metallic

Automotive Films Market – By Region:

The global automotive films market Report includes the segmentation of regions:

• North America - U.S, Canada
• Europe – Norway, Germany, Sweden
• Asia Pacific- China, India, Japan
• Latin America – Brazil, Mexico, Argentina
• Middle East and Africa

The Automotive film 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 in 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. Are playing a dominant role in the global automotive films market.

Enhancing comfort, supporting the protection of 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 protection from the sun’s harmful rays for more than fifty years.

AUTOMOTIVE FILMS KEY MARKET REPORT KEY HIGHLIGHTS:

• The calculation of the current market for your product or services and the future implications of the Automotive Films Market.
• Approaching the opportunities and demonstrating better Automotive Films Market through size calculations and growth rate analysis. To predict the market for the forthcoming comprehensive segmentation and to learn the dynamics of the market at a very granular level by segmenting the market into the smallest segments.
• Approaching the Automotive Films Market dynamics, including the drivers, restraints, and challenges to manifest insights for achieving market share.
• Broader segmentation to better learn the dynamics of the market at a minimal level by segmenting the market into small segments.
• Porter’s Five Forces model is used in order to explain the competing scenario in the Automotive film market. This report also includes an industry analysis that is focused on endeavoring a broad view of the Automotive Films Market.

 RECENT HAPPENINGS IN THIS MARKET:

• Spandex has expanded its automotive wrap film range with the launch of Arlon Fusion Wrap, which has been specially designed for vehicle wraps and is 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.