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Automotive Films Market

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Automotive Films Market report categorizes global market on the basis of film type, and vehicle type - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25
Automotive Films Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018-2026
Automotive Films are used for heat and glare reduction, thermal insulation and
UV filtration purposes. They are applied on automobile windows and help
reduce energy costs arising from air conditioning. Moreover, UV protection and
thermal insulation protects vehicle interiors and passengers from exposure to
harmful radiation. Also, films provide mechanical protection to prevent
shattering of windows during accidents. Wrap films are used for advertising on
vehicles.
The increased safety features of automotive films are the major market drivers.
The major challenges are regulations in countries regarding tinted glass. The
regulations are a result of concerns related to passenger safety in public vehicles
and national security.
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Window films hold the largest market share among all segments. The
application of window films increases sun protection and also makes the vehicle
aesthetically appealing. It does not block radio waves and is cost effective.
Wrap Films can be used on cars and commercial vehicles for advertising. They
can be printed on and are customizable based on size and shape.
Window Films and Passenger cars hold the largest market share in their
respective segments. Wrap films are the fastest-growing segment due to demand
for advertising space.
In March 2017, the 3M Company announced to acquire Scott Safety from
Johnson Controls International Inc. for US$ 2 Bn. The deal will allow 3M to
move into safety division and may lead to product innovation in automobile
window films.
Major players in the automobile films market are 3M Company, Eastman
Chemical Company, Avery Dennison Corporation, Lintec Corporation, and
Saint-Gobain Performance Plastics.
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pallavi.reddy
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