Report : Europe Automotive Films Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Film Type (Window Films/Tints, Wrap Films, and Paint Protection Films) and Application (Passenger Car, Commercial Vehicle, and Two Wheelers)

At 5.4% CAGR, the Europe Automotive Films Market is speculated to be worth US$ 3,086.16 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the Europe automotive films market was valued at US$ 2,255.68 million in 2022 and is expected to reach US$ 3,086.16 million by 2028, registering a CAGR of 5.4% from 2022 to 2028. Rise in popularity of electric cars and recovery of automotive industry post-pandemic are the critical factors attributed to the Europe automotive films market expansion.

Several companies are developing innovative solutions for electric mobility and charging infrastructure to cater to the increasing demand for electric cars. In 2020, Groupe Renault, a UK-based company, launched its INCIT-EV project, specifically for electromobility. The company offered innovative wireless EV charging solutions. The project is expected to focus on low-power bidirectional charging and static wireless charging in taxi lanes at airports and central stations. Such technological innovations by manufacturers boost the demand for electric cars. Automotive films are used to protect surfaces and windows of a vehicle. Automotive films such as window tint and paint protection films are stained resistant and defend against stone chips, minor scratches, bug spray, swirl marks, and other paint damage. They also protect vehicles from harmful UV radiation. Thus, increasing demand for electric cars propel the utilization of automotive films, thereby driving the Europe automotive films market growth.

On the contrary, regulations on using automotive films hampers the Europe automotive films market.

Based on film type, the Europe automotive films market is segmented into window films/tints, wrap films, and paint protection films. The wrap films segment held 58.3% share of Europe automotive films market in 2022, amassing US$ 1,314.88 million. It is projected to garner US$ 1,833.74 million by 2028 to expand at 5.7% CAGR during 2022–2028.

Based on application, the Europe automotive films market is segmented into passenger cars, commercial vehicles, and two wheelers. The passenger cars segment held 57.0% share of Europe automotive films market in 2022, amassing US$ 1,286.10 million. It is projected to garner US$ 1,772.24 million by 2028 to expand at 5.5% CAGR during 2022–2028.

Based on country, the Europe automotive films market has been categorized into the Germany, France, Italy, the UK, Russia, Netherlands, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 29.9% share of Europe automotive films market in 2022. It was assessed at US$ 675.09 million in 2022 and is likely to hit US$ 760.26 million by 2028, exhibiting a CAGR of 2.0% during the forecast period.

Key players dominating the Europe automotive films market are 3M Co; Avery Dennison Corp; Compagnie de Saint Gobain SA; Eastman Chemical Co; Ergis SA; Hexis SAS; Luxshield GmbH; Mister Lacky; PR-Folia; Profilm Advanced Materials Ltd; and SSA Europe GmbH, among others.

  • In 2020; Eastman expanded in Dresden to support new Coating and Laminating line for film. 

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