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The automotive film market size has experienced robust growth, rising from $5.6 billion in 2023 to $5.96 billion in 2024, with a compound annual growth rate (CAGR) of 6.5%. This growth is attributed to the increased demand for passenger vehicles, rising atmospheric temperatures, strong economic growth in emerging markets, expansion in automobile production, and heightened demand for commercial vehicles. Looking ahead, the market is poised for continued strong growth, reaching $7.69 billion in 2028 at a CAGR of 6.6%. The forecasted growth is underpinned by sustained demand for passenger and commercial vehicles. Major trends include the development of TPU paint protection films (PPFs), the rising popularity of high-thickness PPFs, cost-effective and sustainable film solutions, innovations such as graphene-enhanced nano-ceramic window films, mergers and acquisitions, and the development of radar-transparent films for automobiles.

The surge in demand for passenger vehicles in developing economies is set to drive the growth of the automotive film market in the foreseeable future. A passenger vehicle, defined by its purpose to transport people, utilizes automotive films to shield occupants from direct sunlight and heat, ultimately reducing the internal temperature of the vehicle. According to the Society of Indian Automobile Manufacturers (SIAM), in the fiscal year 2021, passenger vehicle sales in India surged by 13.2% to 3.07 million, up from 2.71 million in 2020. Similarly, the State Council of the People’s Republic of China reported a 4.4% year-over-year increase in China’s passenger car sales to 20.15 million units in 2021, fueled by the high demand for new energy vehicles (NEVs). As a result, the escalating demand for passenger vehicles in developing economies is fueling the automotive film market, with market sizes for 2023, 2024, and 2028 expected to reflect this growth.

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What Are The Key Trends That Influence Automotive Film Market Share Analysis?

Leading companies in the automotive film sector are concentrating on developing radar-transparent bright films for vehicles to enhance their product offerings. For example, in July 2021, AkzoNobel, a Netherlands-based paint and coating manufacturer, introduced a radar-transparent bright film designed for coating decorative metallic parts while concealing radar sensors. This film allows automobile manufacturers to cover sensors with solid metal without obstructing the transmission of radar signals, thus maintaining the effectiveness of safety features like anti-collision warnings.

Which Market Players Are Driving Growth In The Automotive Film Market?

Major companies operating in the market are 3M Company, Compagnie de Saint-Gobain S.A., Avery Dennison Corporation, Toray Industries, Inc, Eastman Chemical Company, Lintec Corporation, Arlon Graphics LLC, Ergis S.A., Hexis S.A., Madico Inc, Garware Polyester Ltd, Sekisui Chemical Co., Ltd, Solar Gard, KDX Window Film, Nexfil, Solar Window Film, The Window Film Company, Opalux, Solar Screen GmbH, Armolan, Bekaert Specialty Films, Global Window Films, Skyfol, XPEL Czech Republic, LLumar, hüper optik, Rayno Window Film, Convenience Group Inc, Window Film, Protex, Insulfilm, Bryan Window Films, Polar Jet Vehicle Polarization, Hanita Coatings, Mist of Miami, Al Shafaf Window Tinting & Car Accessories ?llc, Totalgard Window Films

How Is The Global Automotive Film Market Segmented?

The automotive film market covered in this report is segmented –

1) By Film Type: Automotive Films Window Film: Paint Protection Films (PPF): Wrap Film
2) By Vehicle Type: Passenger: Commercial
3) By Material Type: Dyed, Metalized, Ceramic
4) By Application: Interior: Exterior

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The Automotive Film Global Market Report 2024 provides an overview of the automotive filmmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive film market forecast analyzes automotive film market size, automotive film market share, leading competitor and their market positions.

The Table Of Content For The Automotive Film Market Include

1. Automotive Film Market Executive Summary
2. Automotive Film Market Segments
3. Automotive Film Market Size And Template Market Growth Rate
4.  Key Automotive Film Market Trends
5. Major Automotive Film Market Drivers
……
25. Key Mergers And Acquisitions In The Automotive Film Market
26. Top Automotive Film Companies
27. Automotive Film Market Opportunities And Strategies
28. Automotive Film Market, Conclusions And Recommendations
29. Appendix

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