PUNE INDIA, Jan. 07, 2023 (GLOBE NEWSWIRE) — The market has been studied for North America, Europe, Asia, South America, and Middle East & Africa for the segmentation and regional analysis described below. They are, Automotive glass film market It is operational and expected to expand soon.Manufacturers and suppliers involved in Automotive glass film market It exists in various countries in the above regions.
This report provides an in-depth understanding of the market segments formed by combining various prospects such as movie type, vehicle type, and region. Apart from this, key drivers, constraints, potential growth opportunities and market challenges are also discussed in the following paragraphs.
important players in the world Automotive glass film market LINTEC Europe (UK) Limited, 3M, Garware Sun Control., Johnson Window Films Inc., A&B Films Pte. Ltd, Eastman Chemical Company, Eastman Performance Films, LLC., DuPont Teijin Films limited, NEXFIL USA, Saint-Gobain Performance Plastics Corporation. In order to capture significant market share and consolidate its position in the global automotive glass film market, manufacturers are currently pursuing expansion methods such as developments, mergers and acquisitions, product innovations, collaborations, partnerships, and joint ventures. increase.
An important part of the car that protects the driver from elements such as wind and other dust particles is the windshield. Auto glass films made of polymeric resins coated as thin sheets of glass have proven to be much more effective than standard auto glass.The film material is polyethylene terephthalate (PET). . The placement of the automotive glass film depends on the intended use. Auto glass films reduce the amount of heat that builds up inside your vehicle by blocking a significant portion of ultraviolet, infrared, and solar radiation. It also has the effect of suppressing the amount of light by allowing a little light from the window to pass through while maintaining privacy. Mute the sound of your engine or the wind blowing around your car with our smart car glass film. Visible car window films can help reduce traffic accidents to some extent.
Scope of the Automotive Glass Film Market Report
|Market share unit||billion US dollars|
|Target segment||Type of movie, type of vehicle, region|
|Target area||North America, Europe, Asia Pacific, South America, Middle East, Africa|
|main player||LINTEC Europe (UK) Limited, 3M, Garware Sun Control., Johnson Window Films Inc., A&B Films Pte. Ltd, Eastman Chemical Company, Eastman Performance Films, LLC., DuPont Teijin Films limited, NEXFIL USA, Saint-Gobain Performance Plastics Corporation. Above all.|
The ceramic film segment is expected to be the fastest growing segment in 2022.
The film type segment is ceramic film, carbon film, dyed film and metallized film.. The ceramic film segment is expected to witness the highest growth rate during the forecast period. Unlike other films, it is not composed of metal and is not darkly colored. The film is neither metallic nor conductive. Instead, the film contains tiny ceramic nanoparticles. These particles are so small that the human eye can hardly detect them.
The light commercial vehicle segment is expected to be the fastest growing segment in 2022.
The vehicle type segments are commercial vehicles, passenger cars, heavy commercial vehicles, and light commercial vehicles. The light commercial vehicle segment is expected to witness the highest growth rate during the forecast period. Significant growth in global trade and transportation is projected to increase the demand for light commercial vehicles during the forecast period. Drivers of these vehicles spend long hours at the wheel and are exposed to harmful sunlight.
Regional analysis provides an in-depth perception of major regions and countries. Major countries analyzed for automotive glass films include USA, Canada, Mexico, Germany, France, UK, Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, Saudi Arabia . .
- The Asia-Pacific region accounts for a large share. This can be attributed to the region’s strong economic expansion, rising disposable incomes and a corresponding surge in demand for commercial vehicles. The automotive glass film market in the region is also growing as a result of increased investment in the industry. Consumer preferences for comfort, safety and aesthetics of automobiles are changing in countries such as China and India. Automakers are focusing on improving efficiency due to the increasing demand for cars. In the Asia-Pacific region, the demand for luxury vehicles is particularly high due to consumers’ changing lifestyles and increasing disposable income.
The German automotive glass film market is valued at USD 230 million in 2022 and is expected to reach USD 310 million by 2030, at a CAGR of 4% from 2023 to 2030. I’m here. The recent increase in vehicle sales in the European Union could have a significant positive impact on the automotive glass film market.
China’s automotive glass film market size is valued at USD 420 million in 2022 and is expected to reach USD 660 million by 2030, at a CAGR of 6% from 2022 to 2030. China is home to the world’s largest automakers. The automotive glass film market in the region is dominated by significant economic resources available for the assembly and production of auto parts in China, the presence of reputable glass manufacturing companies, expanding R&D capabilities, and numerous new production facilities. Growing as a result of development. In China, to meet the growing demand for electric vehicles, for example, Volkswagen and his SAIC formed a joint venture to build the company’s first manufacturing facility in Anting, China, in November 2019. agreed to do
The Indian automotive glass film market is valued at USD 350 million in 2022 and is expected to reach USD 510 million by 2030, at a CAGR of 5% from 2022 to 2030. I’m here. The automotive glass market potential will increase due to the region’s ever-growing population and regulatory changes required to make transportation more technologically advanced.
Impact of Covid-19
Covid-19 has had a major impact on almost every industry, including electronics, semiconductors, manufacturing, and automotive. However, several companies operating in the technology sector saw significant changes in consumer preferences for technology services, resulting in increased revenues. Additionally, the pandemic has resulted in significant growth in technology across developing and developed countries.
Moreover, the growth of the automotive glass film market is primarily driven by the increasing use of both new commercial and passenger vehicles.
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