Auto Film Market Evolving Technology, Trends and Industry Analysis & Forecast to 2027 - Eastman, Sekisui Chemical, Kuraray, Huakai Plastic (Chongqing) Co., Ltd

This Auto Film Market analysis sheds light on novel methodologies used by major key players in the market. It further focuses on the competitive landscape, which covers all the business-related details, company description, sales growth, and revenue generation rate. Industry sectors and growth size is also discussed in this market research analysis. This Auto Film Market study report allows key participants to go through comprehensive insights into the market developments and novel product launches. Industry owners are able to make the right investment in the product or service launch

the global Auto film market size was US$ US$ 1326.8 million and it is expected to reach US$ 1462.2 million by the end of 2026, with a CAGR of 1.4% during 2021-to 2026.

Main companies in the global Auto Film market: Eastman, Sekisui Chemical, Kuraray, Huakai Plastic (Chongqing) Co., Ltd., ChangChun Group, Kingboard Chemical Holdings, Zhejiang Rehone Plastic Co., Ltd., Zhejiang Decent New Material Co., Ltd., Weifang Liyang New Material Co., Ltd., Wuning Honghui New Material Co., Ltd. and others.

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Market Overview:

The automotive film is a thin laminate used to the interior and exterior of a vehicle, which provides enhanced security and privacy to the passenger or owner of the vehicle. Automotive can be made up of different materials, including polycarbonate, polyester, polystyrene, polyvinyl chloride, and others. These films improve the overall appearance of the vehicle and also can be used to block solar ultraviolet radiations and provide comfort by reducing glare from the sun.

The automotive films market is segmented by film type, vehicle type, and geography. By film type, the market is segmented into Window Films/Tints, Automotive Paint Protection Films, and Automotive Wrapping Films. By vehicle type, the market is segmented into Passenger Vehicles and Commercial Vehicles. The report also covers the market size and forecasts for the automotive films market in 15 countries across major regions. For each segment, the market sizing and forecast have been done on the basis of revenue (USD million).

Industry News:

Eastman Announces $500 Million Accelerated Share Repurchase

KINGSPORT, Tenn., May 6, 2022 - Eastman Chemical Company (NYSE:EMN) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Wells Fargo, NA and Mizuho Markets Americas LLC to repurchase $500 million of Eastman's common stock. With the execution of the ASR, Eastman will have made significant progress towards its target of repurchasing greater than $1 billion of shares in 2022, with approximately $750 million completed in the second quarter.

ASR repurchases will be under the remainder of the February 2018 $2 billion Board of Directors share repurchase authorization as well as the December 2021 Board $2.5 billion share repurchase authorization. Upon completion of the ASR, Eastman will have authorization to repurchase another approximately $2.12 billion of shares.

This report segments the global Auto Film market on the basis of the following types:

Standard Film

High Performance Film

On the basis of application, the global Auto Film market is segmented into:

Passenger Vehicle

Commercial Vehicle

For a complete understanding of the market dynamics, the global Auto Film market is analyzed into key geographies namely:  United States, China, Europe, Japan, Southeast Asia, India, and others. Each of these regions is analyzed on the basis of market findings in major countries in these regions for a macro-level understanding of the market.

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Some of the Key Questions Answered in the Auto Film Market Report:

-Short-Term & Long-Term factors that will affect the Industry due to COVID-19.
- What is the Market Growth, Sales for each Region/Country, Production, Consumption, Import-Export, Trends, Latest Development, etc.?

-Historical, Present and Future market development, growth and market size till the forecast period.

-What are the key regions or segments that will drive the market in the near future?

-Comprehensive mapping of the key participants and the latest strategies adopted by the player's in the Industry. Manufacturer's behavior analysis.

- Detailed Qualitative analysis and Quantitative insights presented in the report that is helpful for future growth.

The research includes historic data from 2015 to 2020 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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