Research Nester has released a report titled “Anti-Fog Car Window Films Market – Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global anti-fog car window films market in terms of market segmentation by application, by shape, by distribution channel and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global anti-fog car window films market is segmented by application into wing mirrors, windows, glass panel roofs, headlights, car camera, dashboard cockpit clusters and others, out of which, wing mirrors segment is anticipated to hold the largest market share owing to the high importance of wing mirrors in a car and affordable price of anti-fog car window film available for wing mirrors. Unlike front and rear windshields of a car that comes with a windshield wiper, wing mirrors aren’t equipped with such a concept. As a result, during dense fog or heavy precipitation, visibility through wing mirrors are majorly affected raising the need for the application of anti-fog car window films in these mirrors.
The global anti-fog car window films market is anticipated to record a modest CAGR during the forecast period, i.e. 2020-2028. Growing issues of poor visibility observed by vehicle drivers along with increasing demand for risk reducing auto accessories are some of the factors anticipated to contribute towards the growth of the global anti-fog car window films market. Anti-fog car window films are hydrophilic in nature. When deployed in the mirrors or glass of a vehicle, it restricts the accumulation of fog or water, thereby reducing visibility issues for the driver.
Regionally, the global anti-fog car window films market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America is anticipated to hold the largest market share owing to high accumulation of densely fog and precipitation in the region which affects driving visibility amongst vehicle owners.
Rising Sales of Passenger Vehicles
In the statistics by the International Organization of Motor Vehicle Manufacturers (OICA), sales of passenger cars peaked to 68 million units from 45 million units in-between 2005-2018.
Presence of a large number of passenger vehicle fleet across the globe increases the probability for high sales of auto accessories products, such as anti-fog car window films. As anti-fog car window films are used massively in passenger cars, it is anticipated that the growing sales of new passenger cars around the globe will attract greater deployment of the product in the vehicle.
Moreover, rising concerns for vehicle crashes occurred around the globe due to poor visibility conditions and the increasing awareness amongst consumers for the benefits associated with the deployment of anti-fog car window films in vehicles are some of the factors anticipated to drive the growth of the global anti-fog car window films market in the near future.
However, concerns regarding presence of huge number of players in the market and the industry being a highly unorganized sector, along with the market aiming towards a level of saturation are some of the factors anticipated to limit the growth of the global anti-fog car window films market.
This report also provides the existing competitive scenario of some of the key players of the global anti-fog car window films market, which includes company 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 encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global anti-fog car window films market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.