Automotive Wrap Films Market
The automobile film is a thin overlay that is applied to the inside and outside of a car to improve security and protection for the vehicle's occupants. Polycarbonate, polyester, polystyrene, polyvinyl chloride, and other materials can be used to make a vehicle. These films improve the vehicle's overall appearance and can also be used to block sun-oriented light radiations and provide comfort by reducing glare from the sun.
Drivers: Automotive Wrap Films Market
The driving factors of Automotive Wrap Films market include increase in demand for passenger’s safety and rise in safety standards set by the government, which is anticipated to drive the growth of the market. The global automotive energy absorption pads market is primarily driven by global automotive energy. Automotive energy absorption pads absorb external shocks during accident moments, shielding passengers from external shocks. They are meant to absorb energy during a vehicle collision.
Restraints: Automotive Wrap Films Market
However, the market's growth may be limited by increasingly severe rules for vehicle films in many countries, as well as a wide range of window, installation, and application options.
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Impact of COVID-19
The market's reaction to the COVID-19 outbreak is more obvious than ever. Assembling of some plastic feedstocks, as well as car production, has had a significant impact on the firm. There has been a labour shortage as a result of the global lockdown restrictions, which has put a stop to large financial transactions. Because of the susceptibility among buyers, auto production and sales have plummeted to unprecedented levels. One of the biggest reasons for low deals is that the majority of the working population works from home and travel is quite infrequent.
Segmentation by film type:
By film type Window films accounted for the largest section of the market in 2016. These films are used on both passenger and commercial vehicles because they prevent up to 85% of the sun's rays from entering the vehicle, lowering the temperature inside and lowering the cost of energy. It also improves fuel efficiency by lowering the engine's load. Furthermore, these films improve the vehicle's safety and security by preventing the glass from shattering after an accident.
Segmentation by Vehicle Type
By Vehicle type, During the projection period, the passenger car sector is expected to lead the market in terms of vehicle type. Films are put on sensitive sections of passenger cars, such as front bumpers, hoods, side mirrors, door handle cavities, door edges, rocker panels, and rear fender panels, to protect them from stains, scratches, and other elements that could damage their appearance.
Segmentation by Region
By Region the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Asia-Pacific is the world's largest market for passenger cars and light trucks. Because of the improving level of living in the area, the automotive films market in Asia-Pacific is expected to grow at the fastest rate during the forecast period.
Competitive Landscape:
Garware Suncontrol, NEXFIL, Johnson Window Films, Avery Dennison Corporation, HEXIS S.A, 3M, Eastman Chemical Company, Arlon Graphics, LLC, MATERIAL SCIENCES CORPORATION, DuPont, Inc, Saint-Gobain Performance Plastics, Madico, Inc. and Kay Premium Marking Films LTD.
Industrial Development:
Eastman Chemical Company, Arlon Graphics, LLC, Avery Dennison Corporation, HEXIS S.A, 3M, in the automotive films market adopted both organic as well as inorganic growth strategies between 2012 and 2017 to strengthen their position in the market.
Governments control the automobile film industry. The rules differ depending on the country and location. Vehicle window films minimise the amount of visible light that enters the vehicle. Many countries have laws prohibiting this for a variety of reasons, including road safety, crime, and so on. These strict laws may function as a substantial impediment to the market's development.
Market taxonomy
By Film type
By Vehicle type
By Region:
Automotive Wrap Films Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Automotive Wrap Films Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Automotive Wrap Films Market, By Film type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Automotive Wrap Films Market Share Analysis, By Type
5.3 Automotive Wrap Films Market Size and Forecast, By Type
5.3.1 Window Film
5.3.2 Paint protection films
5.3.3 Wrap Film
6 Automotive Wrap Films Market, By Vehicle type
6.1 Y-o-Y Growth Comparison, By Application
6.2 Automotive Wrap Films Market Share Analysis, By Application
6.3 Automotive Wrap Films Market Size and Forecast, By Application
6.3.1 Passenger
6.3.2 Commercial
7 Automotive Wrap Films Market, By Region
7.1 Automotive Wrap Films Market Share Analysis, By Region
7.2 Automotive Wrap Films Market Share Analysis, By Region
7.3 Automotive Wrap Films Market Size and Forecast, By Region
8 North America Automotive Wrap Films Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Automotive Wrap Films Market Share Analysis, By Product
8.3 North America Automotive Wrap Films Market Size and Forecast, By Application
8.5 North America Automotive Wrap Films Market Size and Forecast, By Country
8.5.1 U.S.
8.5.2 Canada
8.5.3 Mexico
9 Europe Automotive Wrap Films Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Automotive Wrap Films Market Share Analysis, By Product
9.3 Europe Automotive Wrap Films Market Size and Forecast, By Application
9.5 Europe Automotive Wrap Films Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 France
9.5.3 UK
9.54. Rest of Europe
10 Asia Pacific Automotive Wrap Films Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Automotive Wrap Films Market Share Analysis, By Product
10.3 Asia Pacific Automotive Wrap Films Market Size and Forecast, By Application
10.5 Asia Pacific Automotive Wrap Films Market Size and Forecast, By Country
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4. Rest of Asia Pacific
11 Latin America Automotive Wrap Films Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Automotive Wrap Films Market Share Analysis, By Product
11.3 Latin America Automotive Wrap Films Market Size and Forecast, By Application
11.5 Latin America Automotive Wrap Films Market Size and Forecast, Country
11.5.1. Brazil
11.5.2. Rest of Latin America
12 Middle East Automotive Wrap Films Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Automotive Wrap Films Market Share Analysis, By Product
12.3 Middle East Automotive Wrap Films Market Size and Forecast, By Application
12.5 Middle East Automotive Wrap Films Market Size and Forecast, By Country
12.65.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
15.5.4. Kuwait
12.5.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Eastman Chemical Company
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Arlon Graphics
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Avery Dennison Corporation
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 HEXIS S.A
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 3M Company
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Garware Suncontrol
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 NEXFIL
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 MATERIAL SCIENCES CORPORATION
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Kay Premium Marking Films
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Madico
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies