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Automotive Films Market by Film Type, Vehicle Type, and Region - Global Forecast to 2022

Automotive Films Market: Global Forecast until 2022

  • June 2017
  • 123 pages
  • ID: 4944749
In this report:
According to IHS report on the South Korean automotive market, the production and sales declined by ##.##% and ##.##%, respectively in 2016 from last year.
Mexico is seventh largest passenger car manufacturer in the world and second largest exporter to U.S. The country manufactured about ##.## million units of light weight, ##.##% more than Brazil.

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"The automotive films market is estimated to rise at a compound annual growth rate of 5.30 percent between 2017 and 2022, in terms of value importance."

The automotive films market is estimated to grow ~$6.3B by 2022, at a compound annual growth rate of 5.30 percent between 2017 and 2022. Increasing demand for mobile advertisement and improving living standards in emerging countries are the prime factors driving the market rise. Films are much economic option compared to paints and are easy to install. Additionally, automotive films offer protection against harmful sun rays which cause skin cancer and premature aging. These superior properties of automotive films are anticipated to be a main driver for the increase ot the market in the next years. Nevertheless, stringent regulations for automotive films in different countries can restrain the rise of the automotive films market during the outlook period. Requirement of skilled labor for installation is a top challenge for the increase ot the market.

"Among film types, the wrap films segment is planned to be the quickest-rising segment of the market during the estimate period."

Among film types, the wrap films segment is intended to be the quickest-increasing segment of the market during the outlook period. Wrap films are used mainly in commercial vehicles for mobile advertising, which is an economical way of advertising products or services. Increasing signs & graphics sector, comparatively low cost as distinguished to paints, and growing demand for mobile advertising are forecast to steer the industry for automotive wrap films during the estimate period. Moreover to this, changing lifestyle and increasing demand for personalization of cars will also propel the sector for automotive wrap films.

"Asia-Pac is forecasted to be the biggest market for automotive films during the outlook period, in terms of quantity."

Increasing population, rising standard of living, and the ability of automotive films to offer protection against UV rays and sun rays, among others, are the factors that have led to the raised demand for automotive films in the Asia Pacific (APAC) area.

The industry sizes estimated in this analysis have been validated through primary Q&A managed with different market experts, globally. Those primary sources have been sliced into three class:

• By Company category: Tier 1 - 25.0 percent, Tier 2 - 50.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite - 20.0 percent, D-level - 30.0 percent, and Others - 50.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 30.0 percent, Asia Pacific (APAC) - 25.0 percent, South America region - 15.0 percent, and Middle East (ME) & African continent - 10.0 percent

The analysis offers profiles of main market actors, including are 3M Company, Eastman Chemical Company, Avery Dennison Corporation, Lintec Corporation, and Saint-Gobain Performance Plastics, and competitive landscape approved by them to enhance their rank in the industry.

RESEARCH COVERAGE

The objective of the study is to define, describe, and forecast the sector established on different segmentations and to strategically analyze the industry segments with respect to individual developments trends, increase prospects, and contribution to the total market. In this business report, the automotive films market has been divided on the basis of film type, vehicle type, and area.

REASONS TO BUY THE REPORT

The market research will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the automotive films market comprehensively and offers the best approximations for sizes of all market segments and sub-segments across several verticals and localities.

2. This industry report will facilitate partners in obtaining improved understanding of their competitors and obtain business insights about their businesses. The competitive outlook section includes exhaustive information about business developments, new industry product developments, acquisitions, and alliances, strategic agreements & collaborations undertaken by the top players in the automotive films market.

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