Press release
Automotive Window Films Market to Reach US$ 5.68 Bn by the year 2031
Automotive Window Films Market 2022
The global automotive window films market is slated to be worth US$ 4.2 Bn in the year 2021. The automotive window films market is bound to reach US$ 5.68 Bn by the year 2031. The fact that automotive window films enhance aesthetic quotient (AQ) of the vehicles drives the demand for automotive window films.
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Automotive window films are gaining significant traction in the market as these protect the vehicle's interior systems by blocking UV rays. Owners can protect the interior LED lightings of their vehicles by using tinted automotive film, as excessive exposure to sunlight can affect the performance of LEDs. Moreover, automotive window films improve vehicle aesthetics, besides shielding the occupants from the sun and harmful UV rays.
Key Companies-
• 3M Company
• Eastman Chemical Company
• Avery Dennison Corporation
• Lintec Corporation
• Saint-Gobain Performance Plastics
• Garware Suncontrol.
• Madico, Inc.
• Sican
• Dingxin
• TOP COLOUR FILM LTD
• SOLAR CONTROL FILMS INC.
• LEXEN LLC
• Sigma Tint
• Bentonville Glass Inc.
• Decorative Films, LLC
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Key Takeaways of Automotive Window Films Market Study
• In a few years, the overall automotive market is expected to transform completely due to a shift in consumer preference towards the use of branded and durable products that improve vehicle driving experience as well as safety.
• According to a study conducted by Specialty Equipment Manufacturers Association (SEMA), the preference for branded automotive accessories is more prevalent in the Americas automotive aftermarket. Manufacturers align their product offerings as per top-selling models of Toyota, Volkswagen, and Hyundai.
• In extreme weather condition regions, the inside temperature of the vehicle is a considerable factor for a comfortable driving experience. Window films can reduce inside heat by up to 60%.
• The automotive window films market is moderately consolidated; international players hold significant share in the market, with Eastman Chemical Company alone holding more than 10% share in the market.
Key Players to Retain Strong Market Positions
The automotive window films market is dominated by a handful of players who have good brand image, extensive R&D capabilities, and strong market presence. Tier-I manufacturers in the global automotive window films market - 3M, Eastman Chemicals Company, Saint-Gobain S.A., and LINTEC Corporation - are focusing on adding diverse products to their e-Commerce networks and building proprietary channels to increase their customer reach.
Moreover, key players are focusing on developing distributor networks through strengthening their dealers and distributors at a niche level for strong sales footprint. For instance, 3M Company is expanding its distributor network by appointing authorized dealers and distributors on a regional level.
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Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
Related reports:
Automotive Glass Market - https://www.persistencemarketresearch.com/market-research/automotive-glass-market.asp
The automotive glass market is expected to experience robust growth, with a 4.0% CAGR over 2018-2028. East Asia and Europe are expected to remain the largest regional markets in the global automotive glass market throughout the forecast period. Rising demand for luxury vehicles to spur the demand for automotive glass.
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