Transportation Protective Films Market is Forecasted to Reach US$ 291 million in 2030, Says Stratview Research

The global transportation protective films market is projected to witness a growth rate of 3.7% annually from 2024 to 2030, with an anticipated size of US$ 291 million by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global transportation protective films market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2030: US$ 291 million
Growth (CAGR): 3.7% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Transportation Protective Films Market:

The global transportation protective films market is segmented based on class type, material type, industry type, substrate type, and region.

Based on class type - The transportation protective films market is segmented into self-adhesive films and adhesive-coated films.
Adhesive-coated films are expected to maintain their unassailable lead whereas self-adhesive films to witness faster growth in the market during the forecast period. Adhesive-coated protective films have high peel strength, creating a strong bond with the substrate, making them more resistant to peeling and tearing, essential for high-wear applications. Self-adhesive films are easy to apply and leave no residue after removal making them a popular choice among consumers. The greater growth of self-adhesive films is primarily due to their ease of application, consistency, enhanced protection, and their ability to be used on any substrate, unlike adhesive-coated films that can't be used on some substrate.

Based on material type - The market is segmented into PE Films, PP Films, PET Films, PVC Films, and Other Films.
PE protective films are expected to remain the dominant and fastest-growing material of the market during the forecast period. PE is a recyclable material, and the majority of the players are prioritizing sustainable products to sustain in the market. Due to their cost-effectiveness, lightweight, flexibility, and extensibility, these films are preferred the most and dominate the market. These films are available in a range of thicknesses and widths making them customized to be used on a variety of substrates in different applications.

Based on industry type - The market is segmented into automotive, aerospace, railway, and marine.
Automotive industry is expected to remain the pioneer of the market, whereas aerospace is expected to grow at the fastest rate during the forecast period. Protective films are used in a wide range of applications in automotive, which include interior (dashboard, display, panels, carpet, etc.) and exterior (bumper, doors, body, glass, etc.). The automotive industry dominates primarily due to the huge production number and higher adoption rate with a huge aftermarket opportunity. The fastest growth of the aerospace industry is due to a rise in production programs such as A320neo and B777x, along with doubling fleet size (within the next two decades) followed by the replacement of existing aircraft.

Based on substrate type - The market is segmented into stainless steel, aluminum, plastic, glass, pre-coated metals, laminates, carpets, and others.
Plastic is projected to remain the dominant as well as fastest-growing substrate of the market during the forecast period. Plastics are commonly used in the transportation industry, particularly in the automotive, aerospace, and marine industries. Parts such as bumpers, dashboards, interior panels, and exterior trims are frequently made of plastics. Plastics are comparatively lighter than metal making them the preferred choice for most of the parts used in a vehicle to increase their efficiency. Most of the EVs use plastic more than metallic parts. Around 10% of the vehicle's weight, equivalent to 50% of the volume, is made from plastics only.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/3452/transportation-protective-films-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market for transportation protective films during the forecast period. This growth outlook is majorly attributed to the following-

• China, Japan, and India act as the growth drivers for the transportation of protective films in the region, as the majority of the automotive production in the world is manufactured in these countries.
• Presence of major protective film manufacturers in Asia-Pacific, such as Nitto Denko Corporation, Guangdong NB Technology Co., Ltd., and Ecoplast Ltd.
• Increasing transportation activities, rapid urbanization, and population growth in China and Japan are the key reasons behind the dominance of Asia-Pacific in the market.
• Fuelled by advanced manufacturing capabilities, increasing aircraft and marine vessel production, and the presence of all the major players are the key reasons behind the faster growth of North America.

Transportation Protective Films Market Drivers:

Some of the key drivers listed in the report are given below.

Major factors, such as the recovery of automotive production, rebound in aircraft deliveries, development of new aircraft programs, and growing marine and rail industries, are expected to fuel the market growth during the forecast period.
In addition to that, rapid urbanization and industrialization, a growing population, and a rise in disposable income are likely to act as catalysts for the growth of the transportation protective films market.

Top Companies in the Transportation Protective Films Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• American Biltrite Inc.
• Chargeurs SA
• DuPont de Nemours, Inc.
• Ecoplast Ltd.
• Guangdong NB Technology Co., Ltd.
• Nitto Denko Corporation
• Polifilm Group
• Pregis LLC.
• Sumiron Co. Ltd.
• Tesa SE

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Transportation Protective Films Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

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