Automotive Films Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

Report Code: CMR 33297 Report Format: PDF + Excel

Automotive Films Market Overview

Automotive Films Market size is forecast to reach $7.75 billion by 2026, after growing at a CAGR of 6.2% during 2021-2026. Automotive films are very thin laminated films used to provide security, comfort, and privacy to the user. The automotive films are used both on the interior and exterior of the vehicle. Plastic films made of PolyEthylene Terephthalate come in a range of finishes. This recyclable synthetic polymer, obtained through polycondensation, has good impact resistance and a high moisture resistance. Technical films made of PolyEthylene Terephthalate can be employed in applications that require dielectric characteristics. Regardless of the application, all window tint films are measured by levels of visible light transmission (VLT) of materials. These films are mostly used as automotive window tint and as paint protection and surface protection films. The growth in the market is due to the increase in the demand for vehicles all over the world.

COVID-19 Impact

The COVID-19 pandemic has had an immediate impact on the world economy and that impact goes across all industries. Currently the Automotive Films Market has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. The availability of redit decreased, demand slowed (particularly in infrastructure and mining), and discretionary expenditure decreased, all of which contributed to a dip in auto sales. The COVID-19 pandemic hit the automotive industry in early 2020, just as it was supposed to recover, posing hurdles to demand and interfering with the industry's closely intertwined supply lines.

Report Coverage

The report: “Automotive Films Market - Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Automotive Films Industry.

By Type of Film: Automotive Window Films (Infrared Rejection Tint, Ceramic Window Tint, Metallized Window Tint, Dyed Window Tint, Hybrid Window Tint, Clear Window Tint, Carbon Window Tint, Crystalline Window Tint and Others), Automotive Paint protection Film, Automotive Wrap Films and Others.
By Type of Vehicle: Commercial Vehicles (Light Duty Vehicle and Heavy Duty Vehicle) and Passenger Vehicles.
By Application: Interior (Automotive Dials, Audio & Video Remote Controls, Control Panels, Wet-Out Window Automotive Display, Backlit and Others) and Exterior (Rocker Panels, Backs of Doors, Hoods, Mirrors, Upper Bumper, Roof Panels Daylight Openings, Grilles and Others).
By Geography: North America (U.S, Canada and Mexico), Europe (UK, France, Germany, Italy, Spain, Russia, Netherlands, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), and RoW (Middle East and Africa).

Key Takeaways

  • Asia Pacific dominates the Automotive Films Market owing to rapid increase in number of vehicles due to increase in population and disposable income.
  • The market drivers and restraints have been assessed to understand their impact over the forecast period.
  • The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
  • The other key areas of focus include the various applications and end use industry in Automotive Films Market and their specific segmented revenue.
  • Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of Automotive Films Market related industries has been negatively affected, thus hampering the growth of the market.


Figure: APAC Automotive Films Market Revenue, 2020-2026 (US$ Billion)

Automotive Films Market Revenue
For More Details on This Report - Request for Sample

Automotive Films Market Segment Analysis - By Type of Film

Automotive Window Films held the largest share of 42% in the Automotive Films Market in 2020. The rise in usage of Automotive Window Films is because the increase in level of protection against the ultraviolet rays from the sun. The automotive films provide sustainability to the vehicle and reduce the workload on the air conditioning system. The window films are designed to enhance the view and also to allow the visible light to enter the vehicle by keeping heat out. The non-metallized window provides better connectivity to the mobile devices, GPS, and radio. The films also hold the fragmented glass when the glass gets shattered by providing more personal security.

Automotive Films Market Segment Analysis - By Type of Vehicle

Passenger Vehicles held the largest share of 60% in the Automotive Films Market in the year 2020. The rise in the passenger vehicle is due to the rising population and increase in the disposable income. According to International Organization of Motor Vehicle the no of vehicles production in China in 2019 was 21.4 million and growing at an average rate of 22.08%. This increase has led to the increase in the automotive films because of installation of films in the vulnerable areas in the vehicles. Many industries are investing in testing different materials for making automotive films and providing a smarter way for the Automotive Film Industry.

Automotive Films Market Segment Analysis - By Application

Exterior window films held the largest share in the Automotive Films Market in 2020 with CAGR of 7%. The rise in the automotive films for exterior of the vehicle is increasing on the vulnerable areas like bumpers, side mirrors, door handles, rocker panels and others. The use of films is to protect the vehicle from scratches, stains, and damage. The films provide a vehicle with new look and security. With the growing automotive industry and its demand for automotive films particularly in the regions of Asia-Pacific, North America and Europe, the demand of automotive films market for all kinds of films for interior and exterior parts of the vehicle. The automobile segment is witnessing growth due to the rising penetration from untapped markets. Furthermore, R&D in automotive films and vehicle industry will support the growth of the Automotive Films Market.

Automotive Films Market Segment Analysis - Geography

Asia-Pacific (APAC) dominated the Automotive Films Market in the year 2020 with a market share of 42% followed by Europe and North America. APAC as a whole is set to continue to be one of the largest and fastest growing automotive markets globally. In APAC, China is driving much of the Automotive Films Market demand in Asia-Pacific region followed by India and Japan. Of the five fastest growing regions in automotive sector, other than U.S. all are Asian countries including China and India who majorly drive the demand for passenger vehicles and hence the automotive film. The strong and healthy growth in industrial sector is associated with growing population and the rising standard of middle-class economy. The number of manufacturing units that have illuminated the growth of vehicles are growing sharply in APAC region. Currently the automotive film industry has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. In in turn has affected the demand and supply chain as well which has been restricting the growth in year 2021.

Automotive Films Market Drivers

Demand for Safety needs in Vehicles

The increase in knowledge about safety and health concerns are leading towards the rise in demand for automotive films. The automotive films help in protection from the harmful ultraviolet rays as it blocks the harmful rays and only let the natural light to pass on. It helps in staying the vehicle cool by reducing heat and reduce glare so that you can see properly and clearly.

Automotive Films Market Challenges

Higher investment and government policies

Innovation is the key to developing new products, but the changing government rules regarding the automotive films because of increase in crime, road accidents and others are hindering the growth of the market. There is a need of higher investment in setting up of manufacturing plant and specialized people in to set up automotive films which are leading as a setback in the growth of the automotive films market.

Automotive Films Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Automotive Films Market. Major players in the Automotive Films Market are 3M Company, Eastman Chemical Company, Johnson Window Films, Inc., Saint Gobain Performance Plastics, Lintech Corporation, Zeofilms, Avery Dennison Corporation, Nexfil Co, Ltd., Hexis S.A., Renolit Group and Others.

Acquisitions/Technology Launches/ Product Launches

In May 2019, Lintec has added six varieties of medium-grade films to its standard lineup of Wincos Automotive Films which offer both a diverse range of functionality and high-class design. As on June 1 2019, the items, which have been well welcomed in Southeast Asia, will be part of the standard lineup. LINTEC will attempt to develop a full lineup with the addition of these items to its existing range.

Related Reports:

Report Code: CMR 46533

Report Code: CMR 76288

For more Chemicals and Materials Market reports, please click here

1. Automotive Films Market- Market Overview
    1.1 Definitions and Scope
2. Automotive Films Market- Executive Summary
    2.1 Key Trends by Type of Film
    2.2 Key Trends by Type of Vehicle
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. Automotive Films Market- Comparative Analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Automotive Films Market - Startup companies Scenario Premium Premium
    4.1 Major Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product Portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Automotive Films Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Successful venture profiles
    5.4 Customer Analysis - Major companies
6. Automotive Films Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Automotive Films Market -Strategic analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Automotive Films Market– By Type of Film (Market Size -$Million)
    8.1 Automotive Window Films
        8.1.1 Infrared Rejection Tint
        8.1.2 Ceramic Window Tint
        8.1.3 Metallized Window Tint
        8.1.4 Dyed Window Tint
        8.1.5 Hybrid Window Tint
        8.1.6 Clear Window Tint
        8.1.7 Carbon Window Tint
        8.1.8 Crystalline Window Tint
        8.1.9 Others
    8.2 Automotive Paint Protection Films
    8.3 Automotive Wrap Films
    8.4 Others
9. Automotive Films Market– By Type of Vehicle (Market Size -$Million)
    9.1 Commercial Vehicles
        9.1.1 Light Duty Vehicle
        9.1.2 Heavy Duty Vehicle
    9.2 Passenger Vehicles
10. Automotive Films Market– By Application (Market Size -$Million)
    10.1 Interior
        10.1.1 Automotive Dials
        10.1.2 Audio & Video Remote Controls
        10.1.3 Control Panels
        10.1.4 Wet-Out Window Automotive Display
        10.1.5 Backlit
        10.1.6 Others
    10.2 Exterior
        10.2.1 Rocker Panels
        10.2.2 Backs of Doors
        10.2.3 Hoods
        10.2.4 Mirrors
        10.2.5 Upper Bumper
        10.2.6 Roof Panels
        10.2.7 Daylight Openings
        10.2.8 Grilles
        10.2.9 Others
11. Automotive Films Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia Pacific (APAC)
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of Asia Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of World (RoW)
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Automotive Films Market- Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Automotive Films Market - Market Share Analysis Premium
    13.1 Market Share at Global Level - Major companies
    13.2 Market Share by Key Region - Major companies
    13.3 Market Share by Key Country - Major companies
    13.4 Market Share by Key Application - Major companies
    13.5 Market Share by Key Product Type/Product category - Major companies
    13.6 Company Benchmarking Matrix - Major companies 
14. Automotive Films Market - Key Company List by Country Premium Premium
15. Automotive Films Market Company Analysis- Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Automotive Films Market By Films Type Market 2019-2024 ($M)
1.1 Automotive Window Films Market 2019-2024 ($M) - Global Industry Research
1.1.1 Dyed Films Market 2019-2024 ($M)
1.1.2 Metallized Films Market 2019-2024 ($M)
1.1.3 Hybrid Films Market 2019-2024 ($M)
1.1.4 Ceramic Films Market 2019-2024 ($M)
1.2 Automotive Wrap Films Market 2019-2024 ($M) - Global Industry Research
1.3 Paint Protection Films Market 2019-2024 ($M) - Global Industry Research
2.Global Automotive Films Market By Vehicle Type Market 2019-2024 ($M)
2.1 Passenger Cars Market 2019-2024 ($M) - Global Industry Research
2.2 Commercial Vehicles Market 2019-2024 ($M) - Global Industry Research
3.Global Automotive Films Market By Films Type Market 2019-2024 (Volume/Units)
3.1 Automotive Window Films Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Dyed Films Market 2019-2024 (Volume/Units)
3.1.2 Metallized Films Market 2019-2024 (Volume/Units)
3.1.3 Hybrid Films Market 2019-2024 (Volume/Units)
3.1.4 Ceramic Films Market 2019-2024 (Volume/Units)
3.2 Automotive Wrap Films Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Paint Protection Films Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Automotive Films Market By Vehicle Type Market 2019-2024 (Volume/Units)
4.1 Passenger Cars Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Commercial Vehicles Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Automotive Films Market By Films Type Market 2019-2024 ($M)
5.1 Automotive Window Films Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Dyed Films Market 2019-2024 ($M)
5.1.2 Metallized Films Market 2019-2024 ($M)
5.1.3 Hybrid Films Market 2019-2024 ($M)
5.1.4 Ceramic Films Market 2019-2024 ($M)
5.2 Automotive Wrap Films Market 2019-2024 ($M) - Regional Industry Research
5.3 Paint Protection Films Market 2019-2024 ($M) - Regional Industry Research
6.North America Automotive Films Market By Vehicle Type Market 2019-2024 ($M)
6.1 Passenger Cars Market 2019-2024 ($M) - Regional Industry Research
6.2 Commercial Vehicles Market 2019-2024 ($M) - Regional Industry Research
7.South America Automotive Films Market By Films Type Market 2019-2024 ($M)
7.1 Automotive Window Films Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Dyed Films Market 2019-2024 ($M)
7.1.2 Metallized Films Market 2019-2024 ($M)
7.1.3 Hybrid Films Market 2019-2024 ($M)
7.1.4 Ceramic Films Market 2019-2024 ($M)
7.2 Automotive Wrap Films Market 2019-2024 ($M) - Regional Industry Research
7.3 Paint Protection Films Market 2019-2024 ($M) - Regional Industry Research
8.South America Automotive Films Market By Vehicle Type Market 2019-2024 ($M)
8.1 Passenger Cars Market 2019-2024 ($M) - Regional Industry Research
8.2 Commercial Vehicles Market 2019-2024 ($M) - Regional Industry Research
9.Europe Automotive Films Market By Films Type Market 2019-2024 ($M)
9.1 Automotive Window Films Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Dyed Films Market 2019-2024 ($M)
9.1.2 Metallized Films Market 2019-2024 ($M)
9.1.3 Hybrid Films Market 2019-2024 ($M)
9.1.4 Ceramic Films Market 2019-2024 ($M)
9.2 Automotive Wrap Films Market 2019-2024 ($M) - Regional Industry Research
9.3 Paint Protection Films Market 2019-2024 ($M) - Regional Industry Research
10.Europe Automotive Films Market By Vehicle Type Market 2019-2024 ($M)
10.1 Passenger Cars Market 2019-2024 ($M) - Regional Industry Research
10.2 Commercial Vehicles Market 2019-2024 ($M) - Regional Industry Research
11.APAC Automotive Films Market By Films Type Market 2019-2024 ($M)
11.1 Automotive Window Films Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Dyed Films Market 2019-2024 ($M)
11.1.2 Metallized Films Market 2019-2024 ($M)
11.1.3 Hybrid Films Market 2019-2024 ($M)
11.1.4 Ceramic Films Market 2019-2024 ($M)
11.2 Automotive Wrap Films Market 2019-2024 ($M) - Regional Industry Research
11.3 Paint Protection Films Market 2019-2024 ($M) - Regional Industry Research
12.APAC Automotive Films Market By Vehicle Type Market 2019-2024 ($M)
12.1 Passenger Cars Market 2019-2024 ($M) - Regional Industry Research
12.2 Commercial Vehicles Market 2019-2024 ($M) - Regional Industry Research
13.MENA Automotive Films Market By Films Type Market 2019-2024 ($M)
13.1 Automotive Window Films Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Dyed Films Market 2019-2024 ($M)
13.1.2 Metallized Films Market 2019-2024 ($M)
13.1.3 Hybrid Films Market 2019-2024 ($M)
13.1.4 Ceramic Films Market 2019-2024 ($M)
13.2 Automotive Wrap Films Market 2019-2024 ($M) - Regional Industry Research
13.3 Paint Protection Films Market 2019-2024 ($M) - Regional Industry Research
14.MENA Automotive Films Market By Vehicle Type Market 2019-2024 ($M)
14.1 Passenger Cars Market 2019-2024 ($M) - Regional Industry Research
14.2 Commercial Vehicles Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Automotive Films Market Revenue, 2019-2024 ($M)
2.Canada Automotive Films Market Revenue, 2019-2024 ($M)
3.Mexico Automotive Films Market Revenue, 2019-2024 ($M)
4.Brazil Automotive Films Market Revenue, 2019-2024 ($M)
5.Argentina Automotive Films Market Revenue, 2019-2024 ($M)
6.Peru Automotive Films Market Revenue, 2019-2024 ($M)
7.Colombia Automotive Films Market Revenue, 2019-2024 ($M)
8.Chile Automotive Films Market Revenue, 2019-2024 ($M)
9.Rest of South America Automotive Films Market Revenue, 2019-2024 ($M)
10.UK Automotive Films Market Revenue, 2019-2024 ($M)
11.Germany Automotive Films Market Revenue, 2019-2024 ($M)
12.France Automotive Films Market Revenue, 2019-2024 ($M)
13.Italy Automotive Films Market Revenue, 2019-2024 ($M)
14.Spain Automotive Films Market Revenue, 2019-2024 ($M)
15.Rest of Europe Automotive Films Market Revenue, 2019-2024 ($M)
16.China Automotive Films Market Revenue, 2019-2024 ($M)
17.India Automotive Films Market Revenue, 2019-2024 ($M)
18.Japan Automotive Films Market Revenue, 2019-2024 ($M)
19.South Korea Automotive Films Market Revenue, 2019-2024 ($M)
20.South Africa Automotive Films Market Revenue, 2019-2024 ($M)
21.North America Automotive Films By Application
22.South America Automotive Films By Application
23.Europe Automotive Films By Application
24.APAC Automotive Films By Application
25.MENA Automotive Films By Application
26.3M Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Eastman Chemical Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Avery Dennison Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Lintec Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Saint-Gobain Performance Plastics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ergis S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Garware Polyester Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Hexis S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Johnson Window Film Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)