Global Automotive Films Market–Industry Analysis and Forecast

Global Automotive Films Market is expected to reach USD 6.73 Billion by 2024 from USD 4.72 Billion in 2016 at a CAGR of 5.2%.
Automotive films provide security to accidental vibrations, solar radiation and thermal radiations this drives the market for automotive films. In addition automotive films also provides privacy of the vehicles by the means of window films. Other factor supporting to the growth of automotive film market is strict safety policies defined by the government for automobile safety. Low cost as compared to that of paints impacts positively on the automotive market.
Global Automotive Films Market
Automotive window films segment holds half of the share of market. These films block up to 75-85% of the rays entering into the vehicle that helps to reduce the temperature inside the vehicle and lowers the cost of energy by reducing load on engine. Automotive wrap film is second largest segment.
Passenger cars is segment with major share of the market during the forecast period. In passenger cars films are installed on hoods, side mirrors, front bumpers, door edges, door handle cavities, rocker panels and rear fender panels for protecting vehicle from scratches, stains and elements that may damage vehicle appearance.
Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific is expected to be one of the largest market for automotive films during the forecast period. This is due to the Asia Pacific is the large market of passenger cars and commercial cars, rising standard of living and government initiatives and policies to attract investments from various international companies to expand the automotive industry in the region.
For more information of visit:https://www.maximizemarketresearch.com/market-report/global-automotive-films-market-global-industry-analysis-forecast-2017-2024-_-film-type-window-films-wrap-films-paint-protection-films-vehicle-type-passenger-cars-comm/3897/
Scope of the Report:
Automotive Films Market, by Film Type:
• Automotive Window Films
• Automotive Wrap Films
• Paint Protection Films
Automotive Films Market, by Vehicle Type:
• Passenger Cars
• Commercial Vehicles
Automotive Films Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Analysed in the Report:
• 3M Company (U.S.)
• Avery Dennison Corporation (U.S.)
• Eastman Chemical Company (U.S.)
• Lintec Corporation (Japan)
• Ergis S.A. (Poland)
• Saint-Gobain Performance Plastics (France)
• Garware Polyester Limited (India)
• Johnson Window Film Inc. (US)
• Hexis S.A. (France)
• Nexfil Co, Ltd. (South Korea)
This Report Is Submitted By @ Maximize Market Research Company
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