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NEW YORK, May 25, 2021 /PRNewswire/ --
The automotive films market is expected to grow by USD 841.36 million, progressing at a CAGR of over 3% during the forecast period.
Technavio has announced its latest market research report titled Automotive Films Market by Type and Geography - Forecast and Analysis 2021-2025
The use of automotive films improves the efficiency of HVAC, the tropical climate of emerging economies necessitating the need for solar window films, and the traffic congestions and popularity of long-distance road travel are some of the major factors propelling the market growth. However, factors such as the popularity of window power sunshades, the development of smart glass technology, and the presence of stringent regulations related to the use of automotive films will hamper the market growth.