(MENAFN- America News Hour) Research Nester has released a report titled
“ Anti-Fog Car Window Films
Market – Global Demand Analysis & Opportunity Outlook2028”
which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter's five force model.
The International Organization of Motor Vehicle Manufacturers (OICA), in one of its statistics stated that sales of passenger cars reached to 68 million units in the year 2018 from 45 million units in the year 2005. Apparently, the World Health Organization (WHO), in one of its statistics stated that in the year 2018, around 392, 904 numbers of car users have died. Furthermore, the Federal Highway Administration operated by the U.S. Department of Transportation, in of its statistics stated that each year around 38,700 vehicle crashes occur due to fog. Overall, around 600 people die, and more than 16,300 people remain injured due to the issue.
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The statistics portray the opportunities for the increasing sales of auto accessories as a result of increasing sales of passenger vehicles, along with the growing concern for the accidents caused due to poor visibility while driving a vehicle in the road. Anti-fog car window films are a thin-film laminate that can be applied externally to any glass or glass alike surfaces, for instance, windows, windshields, rear view mirrors and others. The hydrophilic film has an adhesive backing and sticks to the glass surface, and restricts the accumulation of water or fog, helping vehicle drivers increase their visibility during a densely fog weather or in a situation of high precipitation. Increasing sales of passenger vehicles is anticipated to bolster the chances of increasing sales of anti-fog car window films around the globe, as anti-fog car window films find massive application in cars, such as deployment in headlights, car camera, driver side window, pillion side window, rear side windows, glass panel sun/moon roofs, dashboard cockpit clusters, wing mirrors, and others. Moreover, increasing concern for accidents caused by poor visibility is likely to increase the application of anti-fog car window films. Such factors are anticipated to drive the growth of the global anti-fog car window films market.
The
global anti-fog car window films market
is anticipated to record a modest CAGR during the forecast period, i.e. 2020-2028. The market is segmented by application into wing mirrors, windows, glass panel roofs, headlights, car camera, dashboard cockpit clusters and others. Among these segments, wing mirrors segment is anticipated to hold the largest market share on account of low and affordable price of anti-fog car window films for wing mirrors, as well as wing mirror being one of the most important and widely used application in a car. Wing mirrors helps to enhance the driver's peripheral vision where normally a driver is not able to observe. Moreover, wing mirrors are not equipped with wipers unlike windshield wipers, raising the need for the deployment of anti-fog car window films for greater visibility.
Geographically, the global anti-fog window films market region is segmented by five major regions into North America, Europe, Middle East & Africa, Asia-Pacific and Latin America region, out of which, North America is anticipated to hold the largest market share on account of the region being prone to dense fog and heavy precipitation weather circumstances leading to poor visibility and high risk of vehicle crash. Apparently, prevalence of knowledge for anti-fog car window films amongst consumers in the region is also anticipated to promote towards the growth of the market in the region in the upcoming years.
However, concerns for the industry to attain market saturation level, as well as presence of several unorganized players are some of the factors estimated to act as a barrier to the growth of the global anti-fog car window films market.
This report also studies existing competitive scenario of some of the key players of the global anti-fog car window films market, which includes profiling of Teijin Limited (TYO: 3401), Pro Tint Utah, NOF Corporation (TYO: 4403), Celanese Corporation (NYSE: CE), Kafrit Industries Ltd. (TLV: KAFR), WeeTect. Inc., SABIC (TADAWUL: 2010), TEKRA, A Division of EIS, Inc., FSI Coating Technologies, Inc. (FSI), and Tintfit Window Films.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled
“ Anti-Fog Car Window Films
Market – Global Demand Analysis & Opportunity Outlook2028” , analyses the overall anti-fog car window films industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global anti-fog car window films market in the near future.
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