Automotive labels serve the purpose of displaying company name, cost, technical information, components information, other specifications, and barcode in automobiles. These labels are durable even in high temperature. They are required to cope with engine conditions including high temperature and exposure to liquids such as brake fluid, screen wash, and engine oil.
The growing demand from automobile industry for RFID labels and mandatory compliance with automotive labeling laws are the main drivers for automotive labels market. Emerging countries and new product launches open up new opportunities for the market growth. The initial cost of manufacturing is more if manufactured in small quantities, hence the cost to profit ratio is a concern to small manufacturers.
Automotive Labels Market Taxonomy
On the basis of end use, the automotive labels market is segmented into:
On the basis of mechanism, the automotive labels market is segmented into:
On the basis of identification methods, the automotive labels market is segmented into:
Asset tags are used to identify the product with unique serial number such as barcode. Dome labels are used to print the logo of the company. Branding labels and warning labels are used for printing brand name and cautions respectively for the appliances.
Pressure sensitive labels are set on the application of pressure. Heat transfer labels are set on heat exposure and glue labels are applied by using adhesives. The segmentation based on application also depends on the label position.
Automotive Labels Market Outlook
The major players in the Automotive Labels Market are 3M (U.S.), Avery Dennison Corporation (U.S), UPM-Kymmene Corporation (Finland), H.B. Fuller (U.S.), Sika AG (Switzerland), CCL Industries Inc. (Canada), Barry-Wehmiller Companies Inc. (U.S), Dunmore (U.S.), Lewis Labels Products Corp. (U.S), and Precision Contract Manufacturing (U.S).
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