Press release
Automotive Film Market 2023 - Market Size, Top Segments And Growth Revenue By 2032
Automotive Film Market
The Business Research Company's Automotive Film Global Market Report 2023 identifies increase in demand for passenger vehicles as the major driver for the Automotive Film market's growth in the forecast period. A vehicle is defined as a passenger vehicle if it is either designed, built, or modified to transport people. In passenger vehicles, automotive films are used to protect the passengers and driver from direct rays of sun, heat, and to reduce the internal temperature of the car.
The global automotive film market size will grow from $5.27 billion in 2022 to $5.71 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global automotive film is expected to grow to $7.63 billion in 2027 at a CAGR of 7.5%.
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Major competitors in the Automotive Film market are 3M, Avery Dennison Corporation, HEXIS S.A., Garware Sun Control Film, Johnson Window Films Inc., Saint-Gobain Performance Plastics, Madico Inc.
A key trend in the Automotive Film market includes development of new products. Major companies operating in the automotive film sector are focused on adopting new and advanced products to strengthen their market position. For instance, in December 2020, STEK Automotive, a US-based film technology developer, launched graphene-enhanced nano-ceramic window films, a premium nano-ceramic window film that contains graphene as well as tungsten and antimony tin oxide. These nano-ceramic window films enhanced with graphene exhibit crystal clarity, reduce UV and glare, and effectively block heat from entering vehicle interiors.
Read More On The Global Automotive Film Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-film-global-market-report
The Automotive Film market is segmented -
• By Film Type: Window Film, Paint Protection Films, Wrap Film
• By Material Type: Dyed, Metalized, Ceramic
• By Vehicle Type: Passenger, Commercial
• By Application: Interior, Exterior
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Automotive Film market.
The Business Research Company's "Global Automotive Film Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Film Market Include:
1. Executive Summary
2. Automotive Film Market Characteristics
3. Automotive Film Market Trends And Strategies
4. Automotive Film Market - Macro Economic Scenario
5. Automotive Film Market Size And Growth
……………………………………………………………………..
26. Africa Automotive Film Market
27. Automotive Film Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Film Market
29. Automotive Film Market Future Outlook and Potential Analysi
30. Appendix
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