The transportation protective films market size was USD 218 million in 2023 and is likely to grow at a healthy CAGR of 3.7% in the long run to reach USD 291 million in 2030.
In February 2022, Polifilm GmbH acquired Berlin-based Pro dis GmbH to strengthen its presence in Central, South-Eastern, and Eastern Europe.
In March 2020, Pregis LLC acquired Italian manufacturer So.Pr.Ad. SRL will strengthen its position as a leading producer of surface protective films by offering solvent-rubber- and solvent-acrylic-based products.
Adhesive-coated protective films have high peel strength, creating a strong bond with the substrate, making them more resistant to peeling and tearing, essential for high-wear applications.
Self-adhesive films are easy to apply and leave no residue after removal making them a popular choice among consumers.
The greater growth of self-adhesive films is primarily due to their ease of application, consistency, enhanced protection, and their ability to be used on any substrate, unlike adhesive-coated films that can’t be used on some substrate.
PE is a recyclable material, and the majority of the players are prioritizing sustainable products to sustain in the market.
Due to their cost-effectiveness, lightweight, flexibility, and extensibility, these films are preferred the most and dominate the market.
These films are available in a range of thicknesses and widths making them customized to be used on a variety of substrates in different applications.
Protective films are used in a wide range of applications in automotive, which include interior (dashboard, display, panels, carpet, etc.) and exterior (bumper, doors, body, glass, etc.).
The automotive industry dominates primarily due to the huge production number and higher adoption rate with a huge aftermarket opportunity.
The fastest growth of the aerospace industry is due to a rise in production programs such as A320neo and B777x, along with doubling fleet size (within the next two decades) followed by the replacement of existing aircraft.
Plastics are commonly used in the transportation industry, particularly in the automotive, aerospace, and marine industries. Parts such as bumpers, dashboards, interior panels, and exterior trims are frequently made of plastics.
Plastics are comparatively lighter than metal making them the preferred choice for most of the parts used in a vehicle to increase their efficiency.
Most of the EVs use plastic more than metallic parts. Around 10% of the vehicle’s weight, equivalent to 50% of the volume, is made from plastics only.
Presence of major protective film manufacturers in Asia-Pacific, such as Nitto Denko Corporation, Guangdong NB Technology Co., Ltd., and Ecoplast Ltd.
Increasing transportation activities, rapid urbanization, and population growth in China and Japan are the key reasons behind the dominance of Asia-Pacific in the market.
Fuelled by advanced manufacturing capabilities, increasing aircraft and marine vessel production, and the presence of all the major players are the key reasons behind the faster growth of North America.
The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate 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 this 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 20 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Market Dynamics
Market Drivers
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, a growing population, and a rise in disposable income are likely to act as catalysts for the growth of the transportation protective films market.Recent Market JVs and Acquisitions:
A handful of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:In February 2022, Polifilm GmbH acquired Berlin-based Pro dis GmbH to strengthen its presence in Central, South-Eastern, and Eastern Europe.
In March 2020, Pregis LLC acquired Italian manufacturer So.Pr.Ad. SRL will strengthen its position as a leading producer of surface protective films by offering solvent-rubber- and solvent-acrylic-based products.
By Class Type
Adhesive-coated films are expected to maintain their unassailable lead whereas self-adhesive films to witness faster growth in the market during the forecast period
The transportation protective films market is segmented into self-adhesive films and adhesive-coated films.Adhesive-coated protective films have high peel strength, creating a strong bond with the substrate, making them more resistant to peeling and tearing, essential for high-wear applications.
Self-adhesive films are easy to apply and leave no residue after removal making them a popular choice among consumers.
The greater growth of self-adhesive films is primarily due to their ease of application, consistency, enhanced protection, and their ability to be used on any substrate, unlike adhesive-coated films that can’t be used on some substrate.
By Material Type
PE protective films are expected to remain the dominant and fastest-growing material of the market during the forecast period
The market is segmented into PE Films, PP Films, PET Films, PVC Films, and Other Films.PE is a recyclable material, and the majority of the players are prioritizing sustainable products to sustain in the market.
Due to their cost-effectiveness, lightweight, flexibility, and extensibility, these films are preferred the most and dominate the market.
These films are available in a range of thicknesses and widths making them customized to be used on a variety of substrates in different applications.
By Industry Type
Automotive industry is expected to remain the pioneer of the market, whereas aerospace is expected to grow at the fastest rate during the forecast period
The market is segmented into automotive, aerospace, railway, and marine.Protective films are used in a wide range of applications in automotive, which include interior (dashboard, display, panels, carpet, etc.) and exterior (bumper, doors, body, glass, etc.).
The automotive industry dominates primarily due to the huge production number and higher adoption rate with a huge aftermarket opportunity.
The fastest growth of the aerospace industry is due to a rise in production programs such as A320neo and B777x, along with doubling fleet size (within the next two decades) followed by the replacement of existing aircraft.
By Substrate Type
Plastic is projected to remain the dominant as well as fastest-growing substrate of the market during the forecast period
The market is segmented into stainless steel, aluminum, plastic, glass, pre-coated metals, laminates, carpets, and others.Plastics are commonly used in the transportation industry, particularly in the automotive, aerospace, and marine industries. Parts such as bumpers, dashboards, interior panels, and exterior trims are frequently made of plastics.
Plastics are comparatively lighter than metal making them the preferred choice for most of the parts used in a vehicle to increase their efficiency.
Most of the EVs use plastic more than metallic parts. Around 10% of the vehicle’s weight, equivalent to 50% of the volume, is made from plastics only.
Regional Analysis
Asia-Pacific is expected to remain the largest market for transportation protective films during the forecast period
China, Japan, and India act as the growth drivers for the transportation of protective films in the region, as the majority of the automotive production in the world is manufactured in these countries.Presence of major protective film manufacturers in Asia-Pacific, such as Nitto Denko Corporation, Guangdong NB Technology Co., Ltd., and Ecoplast Ltd.
Increasing transportation activities, rapid urbanization, and population growth in China and Japan are the key reasons behind the dominance of Asia-Pacific in the market.
Fuelled by advanced manufacturing capabilities, increasing aircraft and marine vessel production, and the presence of all the major players are the key reasons behind the faster growth of North America.
Key Players
The market is fairly consolidated with the presence of some players. 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. Some of the major players are providing a complete range of protective films including films for aircraft and marine applications.Here is the list of the Top Players (Based on Dominance)
- Chargeurs SA
- Polifilm Group
- Pregis LLC.
- Nitto Denko Corporation
- American Biltrite Inc.
- Tesa SE
- DuPont de Nemours, Inc.
- Sumiron Co. Ltd.
- Ecoplast Ltd.
- Guangdong NB Technology Co., Ltd.
Research Methodology
This strategic assessment report from this 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 in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate 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 this 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 20 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The transportation protective films market is segmented into the following categories:
By Class Type
- Self-Adhesive Films
- Adhesive-Coated Films
By Material Type
- PE Films
- PP Films
- PET Films
- PVC Films
- Other Films
By Industry Type
- Automotive
- Aerospace
- Railway
- Marine
By Substrate Type
- Stainless Steel
- Aluminum
- Plastic
- Glass
- Pre-Coated Metals
- Laminates
- Carpets
- Others
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Table of Contents
Overview of Research Scope, Methodology, and Data Collection
2. Market Environment Analysis: Study of Factors Affecting the Market Dynamics
3. Transportation Protective Films’ Market Assessment and Trends
4. Transportation Protective Films Market Assessment (2018-2030) (US$ Million, Million Square Meters, and Kilo Tons)
5. Transportation Protective Films’ Market Segments’ Analysis (2018-2030) (US$ Million, Million Square Meters, and Kilo Tons)
6. Competitive Analysis
7. Strategic Growth Opportunities
8. Company Profile of Key Players
9. Appendix
Companies Mentioned
- American Biltrite Inc.
- Chargeurs SA
- DuPont de Nemours
- Ecoplast Ltd.
- Guangdong NB Technology Co., Ltd.
- Nitto Denko Corporation
- Polifilm Group
- Pregis LLC
- Sumiron Co. Ltd.
- Tesa SE
Methodology
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