Automotive Film Market

Automotive Film Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report Till 2021

“The global Automotive Film Market size is expected to value at USD 10.13 billion by 2021 at CAGR of 12.0% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.”

The global Automotive Film Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview: The global Automotive Film Market size is expected to value at USD 10.13 billion by 2021. The market is subject to witness a substantial growth due to the growing demand for automotive film in exterior and interior applications. The growing utilization of automotive wraps to protect vehicles with booming automotive industry and applications of automotive films in transit advertising is expected t o drive growth over the next four years.

Key Players:          

3M Hexis S.A. Avery Dennison SunTek Films Eastman Corporation Arlon Graphics, LLC Material Science Corporation Llumar DuPont Lubrizol

Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/automotive-film-market/request-sample Growth Drivers: Globally, the automotive film market is predicted to grow at CAGR of 12.0% in forecast period, providing numerous opportunities for market players to invest in research and development in the market. The growing automobile sector along with the rising consumer awareness, shifting focus towards regular maintenance of vehicles, and high-end demand for paint protection in order to avoid high maintenance costs is anticipated to fuel the growth of automotive film industry.

Moreover, rapid industrialization, urbanization and ever-growing population is leading to the rise in standards of living and increasing disposable income, thus driving the demand for vehicles across the globe. Other factors such as increasing demand for passenger vehicles, particularly in developed economies and rise in per capita income are expected to drive the growth of the industry over the forecast period.

The market is anticipated to expand with faster pace due to aggressive marketing strategies adopted by industry players and large investment in the OEM market. Furthermore, growing reference towards adoption of paint protection films in exterior part of the vehicle is on the rise majorly in the developed economies, thus influencing market growth over the forecast period. Automotive noise, vibration, and harshness (NVH) laminates is considered as one of the fastest growing segment in the automotive film market with substantial revenue generation in the last couple of years. Growing popularity of the automotive noise, vibration, and harshness (NVH) laminates is credited to the variation in the consumer preferences and requirement in the enhanced ride quality and comfort.

Product Outlook:    

Tinting Films Paint Protection Films NVH Film Laminates Wrap Films

Application Outlook:  

Interior Exterior

Function Outlook:  

Protection NVH

Regional Outlook: The automotive film market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the increasing adoption of latest technologies in automotive sector, growing vehicle production, increasing demand of lavish& exotic vehicles in terms of production and sales, and existence of well-established automotive infrastructure. Asia-Pacific region is predicted to hold major market share in the automotive film industry with massive growth in forecast period.

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