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The Automotive Films Market size was estimated at USD 6.52 billion in 2022, USD 6.90 billion in 2023, and is expected to grow at a CAGR of 6.39% to reach USD 10.71 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The automotive films consist of thin polymer layers that enhance the appearance, privacy, heat rejection, and safety of the vehicle. The market encompasses original equipment manufacturers (OEMs) and aftermarket sales. Automotive films serve various purposes, including window tinting, paint protection, wrapping, and security laminates. They are widely used in passenger cars, commercial vehicles, and luxury automobiles. Growing demand for passenger and commercial vehicles and rising consumer awareness for vehicle protection owing to higher maintenance costs drive market growth. Price sensitivity among consumers may hinder market growth due to fluctuating prices of raw materials used in automotive films. Furthermore, countrywide stringent regulatory frameworks regarding the visible light transmission (VLT) level for automotive windows restrict the market growth. Extending production lines and advancements in automotive film materials have led to advanced films with improved durability and smart film technologies enabling adjustable tint levels or digital display capabilities. Moreover, increasing investments in electric and autonomous vehicle manufacturing are expected to create growth opportunities for the automotive films market.
Regional Insights
The demand for automotive films in the Americas is primarily influenced by growing consumer awareness regarding vehicle protection and aesthetics. The United States is a major contributor to the market growth, resulting in an increased adoption of high-end automotive films for protection and customization purposes. In Latin America, emerging economies such as Brazil and Mexico present significant growth opportunities due to increasing disposable incomes, leading to higher vehicle ownership rates. The adoption rate of automotive films in this region is propelled by factors such as the expansion of automobile manufacturing facilities and the growing popularity of electric vehicles (EVs). Consumers prefer premium-quality films that offer enhanced durability and performance characteristics, particularly in Western Europe, including Germany, France, Italy, and Spain. Eastern European countries such as Russia and Poland are catching up with their Western counterparts' trends at a slower pace due to lower purchasing power parity (PPP) rates. Asia-Pacific represents a rapidly expanding automotive films market due to its dynamic economic growth and burgeoning middle-class population. Rising environmental concerns have triggered the adoption of solar control films in this region to combat the urban heat island (UHI) effect and improve vehicular fuel efficiency. Moreover, established players and local manufacturers are making their mark through cost-effective offerings catering to price-sensitive consumers across emerging Southeast Asia.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Automotive Films Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Films Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Automotive Films Market, highlighting leading vendors and their innovative profiles. These include 3M Company, ADS Window Films Ltd., American Standard Window Films by Erickson International, LLC, Asahi Kasei Corporation, Avery Dennison Corporation, BASF SE, Berry Global Group, Inc., Celanese Corporation, Compagnie de Saint-Gobain S.A., Covestro AG, DIC Corporation, Eastman Chemical Company, Ergis Group Sp. z o. o, Evonik Industries AG, Filmtack Pte Ltd., FLEXcon Company, Inc., Garware Hi-Tech Films Ltd., Geoshield, HEXIS SAS, JNC Corporation, Johnson Window Films, Inc., LINTEC Corporation, Maxpro Window Films, Nexfeel Co., Ltd., Nippon Paint Holdings Co., Ltd., Nitto Denko Corporation, POLIFILM GmbH, PPG Industries, Inc., Profilm Advanced Materials Co., Ltd., Saudi Basic Industries Corporation, Solvay S.A., SSA Europe GmbH, Toray Industries, Inc., XPEL, Inc., and Zeofilms.Market Segmentation & Coverage
This research report categorizes the Automotive Films Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Paint Protection Films
- Window Film
- Wrap Film
- Distribution Channel
- Aftermarket
- Original Equipment Manufacturers (OEMs)
- Application
- Exterior
- Interior
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Austria
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Automotive Films Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Films Market?
- What are the technology trends and regulatory frameworks in the Automotive Films Market?
- What is the market share of the leading vendors in the Automotive Films Market?
- Which modes and strategic moves are suitable for entering the Automotive Films Market?
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Automotive Films Market, by Type
7. Automotive Films Market, by Distribution Channel
8. Automotive Films Market, by Application
9. Americas Automotive Films Market
10. Asia-Pacific Automotive Films Market
11. Europe, Middle East & Africa Automotive Films Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
List of Figures
List of Tables
Companies Mentioned
- 3M Company
- ADS Window Films Ltd.
- American Standard Window Films by Erickson International, LLC
- Asahi Kasei Corporation
- Avery Dennison Corporation
- BASF SE
- Berry Global Group, Inc.
- Celanese Corporation
- Compagnie de Saint-Gobain S.A.
- Covestro AG
- DIC Corporation
- Eastman Chemical Company
- Ergis Group Sp. z o. o
- Evonik Industries AG
- Filmtack Pte Ltd.
- FLEXcon Company, Inc.
- Garware Hi-Tech Films Ltd.
- Geoshield
- HEXIS SAS
- JNC Corporation
- Johnson Window Films, Inc.
- LINTEC Corporation
- Maxpro Window Films
- Nexfeel Co., Ltd.
- Nippon Paint Holdings Co., Ltd.
- Nitto Denko Corporation
- POLIFILM GmbH
- PPG Industries, Inc.
- Profilm Advanced Materials Co., Ltd.
- Saudi Basic Industries Corporation
- Solvay S.A.
- SSA Europe GmbH
- Toray Industries, Inc.
- XPEL, Inc.
- Zeofilms
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 6.9 Billion |
| Forecasted Market Value ( USD | $ 10.71 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 35 |
