Automotive Film Market Research Report- Forecast to 2023Posted by Avinash on November 28th, 2017 Automotive Film is a thin laminate film that can be installed to the exterior and interior parts in an automobile. They provide variety of colors and styles along with high durability, privacy, and protection from harmful sun rays. They are widely used in passenger as well as commercial vehicles on account of rising awareness of fuel and energy saving. Moreover, these films protect interior and exterior of the vehicle from fading and degrading and prevent the glass from shattering during minor accidents. Some of the prominent factors that positively influence the growth of Automotive Films Market are low setup cost, high durability, easy customization, and availability of color options. Moreover, automotive films are long lasting, easy to repair, and provide safety to the original paint. With the aforementioned reasons, automotive film market is expected to propel the growth of the market over the assessment period, 2017 to 2023. Furthermore, increasing Automotive production & sales and shifting manufacturers focus towards energy saving and cost effective vehicles are predicted to fuel the growth of the market over the forecast period, 2017 to 2023. However, strong regulations regarding the color of window film in many countries are expected to hinder market growth. Competitive Analysis: Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4455 Market Segmentation: Paint protection films are predicted to grow with a moderate CAGR on account of increasing prominence about their unique properties. They offer exceptional resistance to stain and scratch, high clarity, superior durability. They are widely utilized on the exterior part of vehicle such as rocker panels, hoods, bumpers, back mirrors, trunks, roofs, and door. Wrap films are commonly used for advertising purpose as they are relatively cheaper than other mode of promotion. Wrap films segment is predicted to grow with a healthy CAGR on account of increasing demand for personalized cars along with the change in consumer lifestyle. Moreover, heavy duty vehicles such as buses and large vans, used for campaigning and tourism activities also use wrap films for advertisement. On the basis of application, the market is segmented into exterior and interior. On the basis of vehicle type, the market is segmented into passenger cars and commercial vehicles. The passenger cars segment is estimated to witness the significant growth due to rising population coupled with increasing demand for privacy and personalization. Regional Analysis: Make an Enquiry before buying @ https://www.marketresearchfuture.com/enquiry/4455 Like it? Share it!More by this author |