Title: Automotive Films Market analysis research and trends report for 2018 - 2024
1Automotive Films Market Growth Outlook with
Industry Review and Forecast 2018-2024
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2 Global Market Scenario of Automotive Films
Industry
- Commercial vehicle demand may exceed 25 of the
total market share by 2024 which in turn can
increase the demand for Automotive Films Market
demand. In January 2018, commercial vehicles
sales were of 85,660 units in India. Increase in
infrastructure spending on account of strong
economic growth should drive the industry demand. - Automotive Films Market size is predicted to
witness substantial growth due to its increasing
use in automobiles. Increasing per-capita income
along with luxurious lifestyle have led to the
growth in vehicle sales, thereby enhancing
product demand. - Automotive films provide vehicles with aesthetic
appeal, safety from radiations and accidental
vibrations and are less costly than paints.
Rising consumer concern about skin protection due
to solar heat and privacy requirements in
vehicles may further promote industry growth - Automotive films are generally thin laminate that
can be applied to the automobiles interior and
exterior surface of glass. Polyethylene
terephthalate which is a thermoplastic polymer,
is used for manufacturing films as it is hard,
strong and dimensionally stable. - PET is dyed using high quality colour to prevent
colour fading of car furniture due to UV rays.
Automotive films provide shatterproof function
which protects passenger and driver from
shattered glass pieces at the time of accident
and prevents auto theft. -
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3- Product Analysis-
- Automotive window films are installed to the
interior or exterior of car window which protects
driver and passengers from solar energy that
comprises of UV radiations, visible and infrared.
- Windshield is usually the largest window in the
car and sun rays can diminish visibility and
cause headache, can be prevented by installing
automotive window films which can combat powerful
sunrays. - Regional Trends-
- North America led by Canada and the U.S.
automotive films market demand may witness gains
over the forecast timeframe. This can be
attributed to the increase in demand for
personalized vehicles and presence of key leaders
is expected to have a positive impact on the
market. Moreover, robust growth in construction
industry is anticipated to boost market demand. - Asia Pacific led by India, Japan, Korea,
Indonesia and China automotive films market size
may witness rapid demand owing to increasing
disposable income, industrialization and
population growth. Population growth have led to
escalate living standard of people and need for
privately-owned cars which in turn has
significant effect on automotive films market. - Europe automotive films market demand, led by
Germany, Spain, UK, France and Russia may expect
rapid growth owing to technological development
and escalating disposable income of consumers.
Rise in automotive production and sales have led
to the significant increase in market growth in
Germany and Spain.
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5- Competitive Trends
- Global automotive films market share is
consolidated with key players operating in this
industry are Lintec, Eastman Chemical, Zeofilms,
Hexis S.A., Nexfil, Madico, Renolit, 3M Company,
Saint-Gobain Performance Plastics, Avery
Dennison, JMR Graphics, and Vvivid Vinyl.
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6Latest Research Report On Automotive Films
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