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Automotive Films Market to accrue lucrative gains over the forecast timeframe

01-27-2020 01:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Automotive Films Market

Automotive Films Market

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.

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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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

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

o Lintec
o Eastman Chemical
o Zeofilms
o Hexis S.A.
o Nexfil
o Madico
o Renolit
o 3M Company
o Saint-Gobain Performance Plastics
o Avery Dennison
o JMR Graphics
o Vvivid Vinyl

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Commercial vehicles windows can be installed with automotive films to reduce the amount of heat and provide protection from UV radiations. This can enhance productivity, reduces stress and improve the overall vehicle's aesthetic. 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.

Passenger cars require the usage of automotive films on windshields to prevent accident caused due to decrease in visibility, prevent various skin diseases and provide cars with aesthetic appearance. Global increase in passenger cars for leisure and tour activities, advertisement and promotional purposes is expected to fuel the product demand.

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Global Market Insights, Inc.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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