[Report Description]
“The automotive films market is projected to grow at a CAGR of 5.3% from 2017 to 2022, in terms of value.”
The automotive films market is projected to reach USD 6.30 billion by 2022, at a CAGR of 5.3% from 2017 to 2022. Growing demand for mobile advertisement and improving living standards in emerging countries are the prime factors driving the growth of the market. Films are much economic option compared to paints and are easy to install. In addition, automotive films provide protection against harmful sun rays which cause skin cancer and premature aging. These superior properties of automotive films are expected to be a key driver for the growth of the market in the coming years. However, stringent regulations for automotive films in various countries can restrain the growth of the automotive films market during the forecast period. Requirement of skilled labor for installation is a key challenge for the growth of the market.
“Among film types, the wrap films segment is projected to be the fastest-growing segment of the market during the forecast period.”
Among film types, the wrap films segment is projected to be the fastest-growing segment of the market during the forecast period. Wrap films are used majorly in commercial vehicles for mobile advertising, which is an economical way of advertising products or services. Growing signs & graphics industry, comparatively low cost as compared to paints, and increasing demand for mobile advertising are expected to drive the market for automotive wrap films during the forecast period. In addition to this, changing lifestyle and rising demand for personalization of cars will also propel the market for automotive wrap films.
“Asia-Pacific is projected to be the largest market for automotive films during the forecast period, in terms of volume.”
Growing population, increasing standard of living, and the ability of automotive films to provide protection against UV rays and sun rays, among others, are the factors that have led to the increased demand for automotive films in the Asia-Pacific region.
The market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided into three categories:
• By Company Type: Tier 1 - 25%, Tier 2 - 50%, and Tier 3 - 25%
• By Designation: C Level - 20%, Director Level - 30%, and Others - 50%
• By Region: North America - 20%, Europe - 30%, Asia-Pacific - 25%, South America - 15%, and Middle East & Africa - 10%
The report provides profiles of major market players, such as are 3M Company (U.S.), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), Lintec Corporation (Japan), and Saint-Gobain Performance Plastics (France), and competitive strategies adopted by them to strengthen their position in the market.
RESEARCH COVERAGE
The objective of the study is to define, describe, and forecast the market based on various segmentations and to strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In this report, the automotive films market has been segmented based on film type, vehicle type, and region.
REASONS TO BUY THE REPORT
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the automotive films market comprehensively and provides the closest approximations for sizes of all market segments and subsegments across different verticals and regions.
2. This report will help stakeholders in obtaining improved understanding of their competitors and gain insights about their businesses. The competitive landscape section includes detailed information about expansions, new product developments, acquisitions, and partnerships, agreements & collaborations undertaken by the key players in the automotive films market.
TABLE OF CONTENTS
1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 12
1.2 MARKET DEFINITION 12
1.3 SCOPE OF THE STUDY 13
1.3.1 GEOGRAPHICAL SCOPE 13
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 14
1.5 STAKEHOLDERS 14
1.6 LIMITATIONS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primary interviews 19
2.2 MARKET SIZE ESTIMATION 20
2.3 DATA TRIANGULATION 22
2.4 RESEARCH ASSUMPTIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 28
4.1 SIGNIFICANT OPPORTUNITIES IN THE AUTOMOTIVE FILMS MARKET 28
4.2 AUTOMOTIVE FILMS MARKET, BY FILMS TYPE 28
4.3 AUTOMOTIVE FILMS MARKET, BY VEHICLE TYPE 29
4.4 AUTOMOTIVE FILMS MARKET SHARE, BY FILMS TYPE AND BY REGION 29
4.5 AUTOMOTIVE FILMS MARKET SHARE, BY REGION 30
5 MARKET OVERVIEW 31
5.1 INTRODUCTION 32
5.1.1 DRIVERS 32
5.1.1.1 Growing demand for mobile advertising 32
5.1.1.2 Installation of automotive films provide protection against harmful sun radiation and lower the cost of energy 33
5.1.2 RESTRAINTS 33
5.1.2.1 Stringent regulations for automotive films in various countries 33
5.1.3 OPPORTUNITIES 33
5.1.3.1 Growing demand for passenger cars and improving standard of living 33
5.2 PORTER’S FIVE FORCES 35
5.2.1 THREAT OF NEW ENTRANTS 35
5.2.2 THREAT OF SUBSTITUTES 36
5.2.3 BARGAINING POWER OF BUYERS 36
5.2.4 BARGAINING POWER OF SUPPLIERS 36
5.2.5 INTENSITY OF RIVALRY 37
5.3 REGULATIONS FOR AUTOMOTIVE WINDOW FILMS 37
6 AUTOMOTIVE FILMS MARKET, BY FILMS TYPE 41
6.1 INTRODUCTION 42
6.2 AUTOMOTIVE WINDOW FILMS 43
6.2.1 DYED FILMS 43
6.2.2 METALLIZED FILMS 43
6.2.3 HYBRID FILMS 44
6.2.4 CERAMIC FILMS 44
6.3 AUTOMOTIVE WRAP FILMS 44
6.4 PAINT PROTECTION FILMS 44
7 AUTOMOTIVE FILMS MARKET, BY VEHICLE TYPE 46
7.1 INTRODUCTION 47
7.2 PASSENGER CARS 48
7.3 COMMERCIAL VEHICLES 48
8 AUTOMOTIVE FILMS MARKET, BY REGION 49
8.1 INTRODUCTION 50
8.2 NORTH AMERICA 52
8.2.1 U.S. 54
8.2.2 CANADA 55
8.2.3 MEXICO 56
8.3 ASIA-PACIFIC 57
8.3.1 CHINA 59
8.3.2 SOUTH KOREA 60
8.3.3 INDONESIA 61
8.3.4 JAPAN 61
8.3.5 AUSTRALIA 62
8.3.6 MALAYSIA 63
8.3.7 REST OF ASIA-PACIFIC 63
8.4 EUROPE 64
8.4.1 U.K. 66
8.4.2 GERMANY 67
8.4.3 FRANCE 67
8.4.4 ITALY 68
8.4.5 RUSSIA 69
8.4.6 SPAIN 70
8.4.7 REST OF EUROPE 70
8.5 MIDDLE EAST & AFRICA 71
8.5.1 SAUDI ARABIA 73
8.5.2 UAE 73
8.5.3 SOUTH AFRICA 74
8.5.4 REST OF MIDDLE EAST & AFRICA 75
8.6 SOUTH AMERICA 75
8.6.1 BRAZIL 76
8.6.2 ARGENTINA 77
8.6.3 REST OF SOUTH AMERICA 77
9 COMPETITIVE LANDSCAPE 78
9.1 OVERVIEW 78
9.1.1 DYNAMIC 78
9.1.2 INNOVATORS 78
9.1.3 VANGUARDS 78
9.1.4 EMERGING 78
9.2 COMPETITIVE BENCHMARKING 80
9.2.1 PRODUCT OFFERINGS 80
9.2.2 BUSINESS STRATEGY 81
Top 25 Companies analyzed for this study are - 3M Company (U.S.), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), Lintec Corporation (Japan), Saint-Gobain Performance Plastics (France), Ergis S.A. (Poland), Garware Polyester Limited (India), Hexis S.A. (France), Johnson Window Film Inc. (U.S.), Nexfil Co., Ltd. (South Korea), ADS Window Films Limited (England), Aegis Films (U.S.), Allpro Window Films Inc. (U.S.), Arlon Graphics LLC (U.S.), Beijing Kangde Xin Composite Material Co., Ltd. (Beijing, China), Foliatec Bohm GmbH & Co. Vertriebs KG (Germany), Geoshield Window Film (U.S.), Global Window Films (U.S.), Kay Premium Marking Films Ltd. (U.K.), Madico Inc. (U.S.), Maxpro Window Films (U.S.), Prestige Film Technologies (U.S.), Renolit Group (Germany), XPEL Technologies Corp. (U.S.), Zeofilms (China)
9.3 MARKET RANKING OF KEY PLAYERS 82
10 COMPANY PROFILES 83
(Business Overview, Products offered & Business strategies, Key Insights, Recent Developments, MnM View)*
10.1 3M COMPANY 83
10.2 EASTMAN CHEMICAL COMPANY 87
10.3 AVERY DENNISON CORPORATION 90
10.4 LINTEC CORPORATION 94
10.5 SAINT-GOBAIN PERFORMANCE PLASTICS 97
10.6 ERGIS S.A. 99
10.7 GARWARE POLYESTER LIMITED 101
10.8 HEXIS S.A. 104
10.9 JOHNSON WINDOW FILM INC. 107
10.10 NEXFIL CO, LTD. 109
10.11 OTHER PLAYERS 111
10.11.1 ADS WINDOW FILMS LIMITED 111
10.11.2 AEGIS FILMS 111
10.11.3 ALLPRO WINDOW FILMS INC. 111
10.11.4 ARLON GRAPHICS LLC 111
10.11.5 BEIJING KANGDE XIN COMPOSITE MATERIAL CO., LTD. 111
10.11.6 FOLIATEC BÖHM GMBH & CO. VERTRIEBS KG 111
10.11.7 GEOSHIELD WINDOW FILM 111
10.11.8 GLOBAL WINDOW FILMS 111
10.11.9 KAY PREMIUM MARKING FILMS LTD 112
10.11.10 MADICO, INC. 112
10.11.11 MAXPRO WINDOW FILMS 112
10.11.12 PRESTIGE FILM TECHNOLOGIES 112
10.11.13 RENOLIT GROUP 112
10.11.14 XPEL TECHNOLOGIES CORP. 112
10.11.15 ZEOFILMS 112
*Details on Business Overview, Products offered & Business strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
11 APPENDIX 113
11.1 INSIGHTS FROM INDUSTRY EXPERTS 113
11.2 DISCUSSION GUIDE 114
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 117
11.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 119
11.5 AVAILABLE CUSTOMIZATIONS 120
11.6 RELATED REPORTS 120
11.7 AUTHOR DETAILS 121
