DUBLIN--(BUSINESS WIRE)--The "Automotive Film Market Analysis By Product (Tinting Films, Paint Protection Films, NVH Film Laminates, Wrap Films), By Application (Interior, Exterior), By Function (Protection, NVH), By Channel (OEM, Aftermarket), And Segment Forecasts, 2011 - 2021" report has been added to Research and Markets' offering.
The global automotive film market is expected to reach USD 10.13 billion by 2021
The growing demand for automotive film in exterior and interior applications is expected to drive market growth
The industry is expected to grow on account of the demand for films in for interior and exterior protection of the vehicle. The increasing demand for paint protection films and NVH films for the smooth functioning of the vehicle is expected to drive growth over the forecast period.
The industry growth is majorly driven by the rapid increase in the demand for automotive wraps to enhance the aesthetic value of the vehicles. Furthermore, reduction in the maintenance cost of vehicles owing to the protective characteristics offered by the wraps is expected to drive market growth.
Increasing purchasing power of consumers coupled with technological advancements, such as the advent of the bio-based polyester film is expected to fuel market growth. Growing consumer awareness regarding the benefits of these products along with the recovery of the automotive industry is anticipated to aid their consumption in the global market.
The cost benefit ratio is expected to drive demand owing to the ability of the product to sustain extreme conditions. Stringent regulations associated with thermoplastic urethane polymer, which serves as a major raw material in paint protection film manufacturing is expected to hamper market growth over the forecast period.
The industry is fragmented with major players operating globally. 3M and Avery Dennison accounted for a significant share of the market owing to established business in the automotive industry.
Key Topics Covered:
1 Methodology and Scope
2. Market Snapshot
3. Market Variables, Trends & Scope
4. Automotive Film Market: Product Estimates & Trend Analysis
5. Automotive Film Market: Application Estimates & Trend Analysis
6. Automotive Film Market: Function Estimates & Trend Analysis
7. Automotive Film Market: Channel Estimates & Trend Analysis
8. Automotive Film Market: Regional Estimates & Trend Analysis
9. Competitive Landscape
10. Company Profiles
- 3M
- Hexis S.A.
- Avery Dennison
- SunTek Films
- Eastman Corporation
- Arlon Graphics, LLC
- Material Science Corporation
- Llumar
- DuPont
- Lubrizol
- Kay Premium Marking Films (KPMF)
- Argotec
- Xpel Technologies Corp.
- Paint Shield
- Ritrama S.p.A.
For more information about this report visit https://www.researchandmarkets.com/research/52ck64/automotive_film
