United States Automotive Protection Films Market Introduction and Overview
According to SPER Market Research, the United States Automotive Protection Films Market is estimated to reach USD 641.40 million by 2033 with a CAGR of 4.98%.
The report includes an in-depth analysis of the United States Automotive Protection Films Market, including market size and trends, product mix, applications, and supplier analysis. The main raw materials utilized in the production of films made of polyethylene, polypropylene, and polyurethane are propylene and ethylene. These materials' substantial price swings, which have an immediate effect on manufacturing costs and pricing, stem from the fact that they are by-products of refineries. The value chain includes the raw material scenario as a crucial component. In addition to interior uses like floors, hoods, and door panels, the materials are mostly utilized for surface and paint protection on automobile exteriors, such as bumpers and lamp housings.
- February 2023: Ai-Red Technology (Dalian) Co., Ltd., a producer and supplier of window film and paint protection for the automotive and architectural markets in the Asia Pacific area, was bought by Eastman Chemical Company. Eastman's dedication to advancing growth in Performance Films, paint protection, and window film markets is evident in this acquisition.
- December 2022: Toray Industries, Inc. created a polyethylene terephthalate (PET) film that can completely remove carbon dioxide emissions from solvents while combining outstanding adhesion and application for coatings that are water-based and solvent-free. By the end of March 2024, the company hopes to have the film produced at a domestic plant, contributing to the growing popularity of environmentally friendly film products that benefit from decarbonization during manufacturing. Release, adhesive, printing, packaging, and automotive films are some of these products.
Market Opportunities and Challenges
Opportunities: The growing awareness among customers and vehicle owners of the significance of preserving the aesthetics and resale value of their vehicles is one of the main factors propelling the US automotive protection films market. Paint protection films (PPF) and other automotive protection films are made to safeguard cars from outside elements that could detract from their aesthetics and, ultimately, their market value. More and more car owners are realizing that protecting their vehicles with protection films helps ward against dings, chips, and scrapes from the road. Preserving the resale value of a car and improving its aesthetic appeal are two benefits of keeping its outside in perfect shape.
Challenges: Market saturation and fierce competition confront the US automotive protection film industry. The market has seen an increase in the number of producers and suppliers providing several kinds of protective films, such as tinted films, clear bras, and paint protection films (PPF). Due to market saturation brought on by this intense competition, it is now harder for new and existing businesses to stand out from the competition and take market share. Due to price competition brought on by market saturation, producers may cut their prices in an effort to obtain a competitive advantage. Manufacturers may find it more difficult to fund R&D to enhance the features and quality of their products, which may have an impact on profit margins.
Market Competitive Landscape
The proper analysis of the major players in the US automotive protection film market is provided, along with a comparative assessment based on the companies' product offerings, business summaries, geographic reach, enterprise strategies, segment market share, and SWOT analysis. A comprehensive examination of the latest occurrences and advancements within the companies, encompassing product innovation, partnerships, joint ventures, mergers and acquisitions, strategic alliances, and additional undertakings. This facilitates the evaluation of the degree of overall market rivalry. Key players are All Pro Windows Films, ADS Windows Films Ltd, Avery Dennison Corporation, Eastman Chemical Company, FILMTACK PTE LTD, Garware Suncontrol Film, Global Window Films, HEXIS SAS, Johnson Window Films Inc.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material, By Application, By End User
|
| Regions covered | Northeast, Midwest, South, West. |
| Companies Covered | All Pro Windows Films, ADS Windows Films Ltd, Avery Dennison Corporation, Eastman Chemical Company, FILMTACK PTE LTD, Garware Suncontrol Film, Global Window Films, HEXIS SAS, Johnson Window Films Inc.
|
COVID-19 Impact on United States Automotive Protection Films Market
The market for vehicle protection films was significantly impacted by the COVID-19 outbreak. Lockdowns and other limitations produced supply chain disruptions that slowed down raw material distribution and production, impeding the manufacturing process. Concurrently, supply chain issues and declining demand caused manufacturers to reduce operations, which had a negative impact on the automotive industry. The market for car protection films shrank as buyers prioritized necessities. However, the emergence of e-commerce gave some manufacturers a lifeline, enabling them to continue serving clients in spite of the closure of physical retail locations. In order to successfully traverse the post-pandemic landscape as the sector progressively recovers, producers must adjust to shifting customer tastes and market dynamics by placing a strong emphasis on innovation and online sales channels.
Key Target Audience:
- Automotive Manufacturers and Suppliers
- Automotive Aftermarket Companies
- Consumers
- Retailers and Distributors
- Automotive Detailing and Service Centers
- Investors and Financial Analysts
- Government and Regulatory Authorities
- Market Research Firms and Analysts
- Advertising and Marketing Agencies
- Industry Associations and Trade Groups
Our in-depth analysis of the United States Automotive Protection Films Market includes the following segments:
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By Material: |
Polyethylene
Polyurethane
Others
|
|
By Application: |
Interiors
Exteriors
|
|
By End User: |
Passenger Cars
Commercial Cars
|
Key Topics Covered in the Report:
- United States Automotive Protection Films Market Size (FY’2024-FY’2033)
- Overview of United States Automotive Protection Films Market
- Segmentation of United States Automotive Protection Films Market By Material (Polyethylene, Polyurethane, Others)
- Segmentation of United States Automotive Protection Films Market By Application (Interiors, Exteriors)
- Segmentation of United States Automotive Protection Films Market By End User (Passenger Cars, Commercial Vehicles)
- Statistical Snap of United States Automotive Protection Films Market
- Expansion Analysis of United States Automotive Protection Films Market
- Problems and Obstacles in United States Automotive Protection Films Market
- Competitive Landscape in the United States Automotive Protection Films Market
- Impact of COVID-19 and Demonetization on United States Automotive Protection Films Market
- Details on Current Investment in United States Automotive Protection Films Market
- Competitive Analysis of United States Automotive Protection Films Market
- Prominent Players in the United States Automotive Protection Films Market
- SWOT Analysis of United States Automotive Protection Films Market
- United States Automotive Protection Films Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Automotive Protection Films Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Automotive Protection Films Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Automotive Protection Films Market
7. United States Automotive Protection Films Market, By Material (USD Million) 2020-2033
7.1. United States Automotive Protection Films Market Size, Share and Forecast, By Material, 2020-2026
7.2. United States Automotive Protection Films Market Size, Share and Forecast, By Material, 2027-2033
7.3. Polyethylene
7.4. Polyurethane
7.5. Others
8. United States Automotive Protection Films Market, By Application (USD Million) 2020-2033
8.1. United States Automotive Protection Films Market Size, Share and Forecast, By Application, 2020-2026
8.2. United States Automotive Protection Films Market Size, Share and Forecast, By Application, 2027-2033
8.3. Interiors
8.4. Exteriors
9. United States Automotive Protection Films Market, By End User (USD Million) 2020-2033
9.1. United States Automotive Protection Films Market Size, Share and Forecast, By End User, 2020-2026
9.2. United States Automotive Protection Films Market Size, Share and Forecast, By End User,2027-2033
9.3. Passenger Cars
9.4. Commercial Cars
10. United States Automotive Protection Films Market Forecast, 2020-2033 (USD Million)
10.1. United States Automotive Protection Films Market Size and Market Share
11. United States Automotive Protection Films Market, By Region, 2020-2033 (USD Million)
11.1. United States Automotive Protection Films Market Size and Market Share By Region (2020-2026)
11.2. United States Automotive Protection Films Market Size and Market Share By Region (2027-2033)
11.3. Northeast
11.4. Midwest
11.5. South
11.6. west
12. Company Profile
12.1. All Pro Window Films
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. ADS Window Films Ltd.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Avery Dennison Corporation
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Eastman Chemical Company
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. FILMTACK PTE LTD.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Garware Suncontrol Film
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Global Windows Films
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. HEXIS SAS
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Johnson Windows Films Inc.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links