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.
According to the Government of India, automotive color or texture wraps, which change the color of original vehicles, have to be registered with the Regional Transport Office of the country before their application to automobiles. The law is registered under section 52 of the Central Motor Vehicle Rules. Thus, in India, post-sales color wrapping of vehicles requires adherence to a number of laws that restrict the growth of the market in the country.
Power Station is the key application of Healthcare IT, which held 4/5 of the market in 2019.
Above than 1MW took about half of the market in 2019, which is the largest of all the types.
Industry News:
Eastman Launches Redesigned Saflex Automotive Website
KINGSPORT, Tenn. — Jan. 30, 2020 –
Eastman Chemical Company, manufacturer of Saflex® PVB Interlayers, has launched a completely redesigned website dedicated solely to Saflex automotive glazing. The new format features a fresh, open look that's both user and mobile friendly.
By Type, it is segmented into
By Applications it is segmented into
Asia-Pacific was the largest market for automotive films in 2016. According to the International Organization of Motor Vehicle Manufacturers, Asia-Pacific is the largest market for passenger cars and commercial vehicles globally. The automotive films market in Asia-Pacific is projected to witness the highest growth during the forecast period, owing to the rising standard of living in the region, which is expected to boost the demand for passenger cars during the forecast period. In addition, government initiatives and policies to attract investments from various international companies to expand the automotive industry will also boost the growth of the market in the region.
All these factors greatly affect the Auto Film Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Auto Film Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Auto Film Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
|
|
Report Details |
Forecast Period 2022 to 2028 CAGR |
|
CAGR of 1.4% during the review period (2022 to 2027). |
By Type |
|
|
By Application |
|
|
By Companies
|
| Eastman, Sekisui Chemical, Kuraray, Huakai Plastic (Chongqing) Co., Ltd., ChangChun Group, Kingboard Chemical Holdings, Zhejiang Rehone Plastic Co., Ltd., Zhejiang Decent New Material Co., Ltd., Weifang Liyang New Material Co., Ltd., Wuning Honghui New Material Co., Ltd. and others. |
Regions Covered
|
|
|
Countries Covered |
|
|
Base Year
|
|
2022 |
Historical Year
|
|
2017 to 2021 |
Forecast Year
|
|
2022 to 2027 |
Number of Pages |
| 97 |
Customization Available
|
| Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Auto Film Market is studied from 2017 - 2027.
What is the growth rate of Auto Film Market?
The Auto Film Market is growing at a CAGR of 1.4% over the next 5 years.
Who are the key players in Auto Film Market?
Eastman, Sekisui Chemical, Kuraray, Huakai Plastic (Chongqing) Co., Ltd., ChangChun Group, Kingboard Chemical Holdings, Zhejiang Rehone Plastic Co., Ltd., Zhejiang Decent New Material Co., Ltd., Weifang Liyang New Material Co., Ltd., Wuning Honghui New Material Co., Ltd. and others.
What region does this Auto Film Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Auto Film Market?
Standard Film,High Performance Film ,others
What are the major end-use applications of Auto Film Market?
Passenger Vehicle, Commercial Vehicle, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.