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Transportation Protective Films Market Growth Analysis
Transportation Protective Films Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
The Transportation Protective Films Market is estimated to grow at a healthy CAGR of 5.9% during the forecast period to reach a value of US$ 287.0 million in 2028.
Protective films are applied to various surfaces to safeguard them from damage, scratches, or contamination during manufacturing, transportation, installation, or renovation processes. These films are designed to be easily applied and removed without leaving residue or causing any damage to the underlying surface. Protective films are commonly used in the transportation industry to protect various surfaces from scratches, abrasions, and other forms of damage. They can be found on a wide range of surfaces, including glasses, plastics, laminates, aluminum, metal, and even carpets.
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Major factors, such as the recovery of automotive production, rebound in aircraft deliveries, development of new aircraft programs, and growing marine and rail industries are expected to fuel the market growth during the forecast period. In addition to that, rapid urbanization and industrialization, growing population, and rise in disposable income are likely to act as catalysts for the growth of the transportation protective films market.
Recent Market JVs and Acquisitions: In recent years, key players have acquired other companies to expand their product offerings and geographical reach.
The transportation protective films market witnessed a decline of -6.3% in the year 2020 due to Supply chain disruption, labor & material shortages, and lockdowns across the world. However, the market recovered from the disruption brought on by the COVID-19 pandemic in the year 2021 in the wake of economic recovery, increased demand, and the reopening of global markets.
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Segmentations |
List of Sub-Segments |
Dominant and Fastest-Growing Segments |
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Class-Type Analysis |
Adhesive-Coated Films and Self-Adhesive Films |
Self-adhesive protective films are anticipated to remain the dominant class type for protective films in the years to come. |
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Material-Type Analysis |
PE, PP, PET, PVC, and Other Films |
PE is likely to remain the most preferred material type during the forecast period. |
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Industry-Type Analysis |
Automotive, Aircraft, Marine, and Rail |
Automotive is expected to be the biggest demand generator of the transportation protective films market during the study period. |
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Substrate-Type Analysis |
Stainless Steel, Aluminum, Plastic, Glass, Pre-Coated Metals, Laminates, Stones, Carpet, and Others |
Plastic is expected to remain the dominant and fastest-growing substrate type in the years to come. |
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Regional Analysis |
North America, Europe, Asia-Pacific, and Rest of the World |
Asia-Pacific is expected to remain the largest market over the next five years. |
The transportation protective films market is segmented into adhesive-coated films and self-adhesive films. The self-adhesive protective film is expected to remain the larger and the faster-growing class type in the market during the forecast period. Major factors, such as increasing preference for self-adhesive protective films as they leave absolutely no residue on the surface, are easy to apply, and can be used on a variety of substrates, are expected to fuel the demand for self-adhesive protective films for the transportation industry during the forecast period.
The market is segmented into PE, PP, PET, PVC, and other films. PE is expected to remain the dominant material type to produce protective films in the market during the forecast period. PE protective films are cost-effective, lightweight, have good extensibility, and flexibility, and are environmentally friendly with no pollution. In addition to that, many manufacturers are focusing on sustainable development. PE is a recyclable material and allows them to create eco-friendly products that can be recycled.
The market is segmented into automotive, aircraft, marine, and rail. Automotive is likely to remain the biggest demand generator for protective films in the transportation industry during the forecast period. Protective films are used for a wide range of applications in the automotive industry, such as dashboard panels, door trims, consoles, instrument panels, bumpers, body panels, spoilers, grilles, lights & lenses, side view mirrors, windshields, side windows, and glass panels. Rebounding automotive industry in the wake of rising disposable income, growing population, and strong demand for public transport are expected to drive the demand for protective films during the forecast period.
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Asia-Pacific is expected to remain the biggest market for transportation protective films during the forecast period. Major factors, such as increasing transportation activities owing to rapid urbanization and population growth in countries like China and India, are likely to propel the demand for protective films. Further, key economies in the region are investing heavily in infrastructure development such as roads, railways, airports, and ports to support economic growth. North America is expected to be the fastest-growing market for transportation protective films during the forecast period. The region has a presence of many major automotive OEMs and aerospace giants, such as Ford Motor Company, General Motors, Boeing, Lockheed Martin, and Bombardier, which make the region a growth engine for the protective films market. Europe is also likely to create sizeable opportunities in the coming five years.
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The market is highly concentrated. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the transportation protective films market. Most of the major players are focusing on the development of sustainable and recyclable products and expanding their geographical presence by shifting focus toward China and India as attractive markets.
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s transportation protective films market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth Analysis of the Transportation Protective Films Market |
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How lucrative is the future? |
The market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Which are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirement? |
10% free customization |
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
The transportation protective films market is estimated to grow at a CAGR of 5.9% by 2028, driven by the recovery of automotive production, the expected rise in the production rate of key aircraft programs, and the growing marine and rail industries.
Chargeurs SA, Polifilm Group, Nitto Denko Corporation, Pregis LLC, Berry Global Inc., Bischof + Klein SE & Co. KG, XPEL Inc., American Blitrite Inc., E.I. Du Pont De Nemours and Company, Resonac Holdings Corporation, 3M Company, and Ecoplast Ltd. are the leading players in the transportation protective films market.
Asia-Pacific is estimated to remain dominant in the transportation protective films market in the foreseeable future. The region’s growth is mainly driven by emerging economies such as China and India due to increasing demand for efficient transportation systems.
Automotive is expected to be the dominant category in the market during the forecast period. Major factors such as recovery in automotive production, economic growth, growing population, particularly in emerging economies, and rapid urbanization are expected to fuel the demand for protective films during the forecast period.
PE is expected to remain the dominant material type to produce protective films in the market during the forecast period. PE protective films are cost-effective, lightweight, have good extensibility, and flexibility, and are environmentally friendly with no pollution.
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