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The increasing availability of automotive wrap films offering innovative designs and bold colours are propelling the market growth. With various benefits associated with automotive wrap films such as quick and efficient installation, their demand is surging. The reliability, quality, service, and warranty offered by automotive wrap films are also propelling the growth of the automotive wrap films market.
Several vehicle owners are increasingly attempting to boost the aesthetic appearance of their vehicles through visually appealing films. Automotive wrap films are also used to protect passengers and car interiors from harmful sun rays. Furthermore, the deployment of innovative adhesive technologies to enhance the reliability and durability of automotive wrap films is anticipated to provide impetus to the growth of the automotive wrap films market in the forecast period.
Various leading companies, such as 3M Company (NYSE: MMM) and HEXIS S.A.S. are collaborating to enhance their research and development activities to boost the properties of automotive wrap films.
In June 2022, HEXIS S.A.S. announced the signing of an exclusive partnership with ProTech Monte-Carlo to enhance their offerings in vehicle protection and wrapping. Under the partnership, the companies would join their expertise to develop an ultra-transparent vehicle protection film, which is compatible with the entire finishing treatment range of ProTech MC.
Self-healing self-adhesive films also offer protection to vehicle bodies against several external factors, including scratches, abrasions, impact, UV rays, and gravel projections. Moreover, the range of premium cast films and films would be specially designed for vehicle wrapping as well as the decoration of highly curved surfaces.
The major players in the global automotive wrap films market are Avery Dennison Corporation, Arlon Graphics, LLC, 3M Company, Kay Premium Marking Films Ltd., and HEXIS S.A.S., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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