© 2018 Global Market Insights, Inc. USA. All Rights Reserved Automotive Films Market Growth Outlook with Industry Review and Forecast

Global Market Scenario of Automotive Films Industry © 2018 Global Market Insights, Inc. USA. All Rights Reserved  Commercial vehicle demand may exceed 25% of the total market share by 2024 which in turn can increase the demand for Automotive Films Market demand. In January 2018, commercial vehicles sales were of 85,660 units in India. Increase in infrastructure spending on account of strong economic growth should drive the industry demand.Automotive Films Market  Automotive Films Market size is predicted to witness substantial growth due to its increasing use in automobiles. Increasing per-capita income along with luxurious lifestyle have led to the growth in vehicle sales, thereby enhancing product demand.  Automotive films provide vehicles with aesthetic appeal, safety from radiations and accidental vibrations and are less costly than paints. Rising consumer concern about skin protection due to solar heat and privacy requirements in vehicles may further promote industry growth  Automotive films are generally thin laminate that can be applied to the automobiles interior and exterior surface of glass. Polyethylene terephthalate which is a thermoplastic polymer, is used for manufacturing films as it is hard, strong and dimensionally stable.  PET is dyed using high quality colour to prevent colour fading of car furniture due to UV rays. Automotive films provide shatterproof function which protects passenger and driver from shattered glass pieces at the time of accident and prevents auto theft.

© 2018 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Automotive window films are installed to the interior or exterior of car window which protects driver and passengers from solar energy that comprises of UV radiations, visible and infrared. Windshield is usually the largest window in the car and sun rays can diminish visibility and cause headache, can be prevented by installing automotive window films which can combat powerful sunrays. Regional Trends:- North America led by Canada and the U.S. automotive films market demand may witness gains over the forecast timeframe. This can be attributed to the increase in demand for personalized vehicles and presence of key leaders is expected to have a positive impact on the market. Moreover, robust growth in construction industry is anticipated to boost market demand. Asia Pacific led by India, Japan, Korea, Indonesia and China automotive films market size may witness rapid demand owing to increasing disposable income, industrialization and population growth. Population growth have led to escalate living standard of people and need for privately- owned cars which in turn has significant effect on automotive films market. Europe automotive films market demand, led by Germany, Spain, UK, France and Russia may expect rapid growth owing to technological development and escalating disposable income of consumers. Rise in automotive production and sales have led to the significant increase in market growth in Germany and Spain.

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© 2018 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Global automotive films market share is consolidated with key players operating in this industry are Lintec, Eastman Chemical, Zeofilms, Hexis S.A., Nexfil, Madico, Renolit, 3M Company, Saint-Gobain Performance Plastics, Avery Dennison, JMR Graphics, and Vvivid Vinyl.

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