Global Automotive Tinting Film Market By Vehicle Type (Light Commercial Vehicles (LCVs), Passenger Cars, and Heavy Commercial Vehicles (HCVs)), By Application (Windshields and Windows), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Automotive Tinting Film Market Overview:

Global Automotive Tinting Film market value was USD 3,712 million in 2021. This market is projected to expand at a CAGR of 4.8% between 2023-2032.

The global automotive industry is expected to drive this market, especially in emerging economies like Asia-Pacific. The market will be driven by consumers’ desire to protect themselves from damaging sun rays, as well as the protection afforded luxury cars’ interiors. In developing countries, there has been a rise in passenger vehicle demand due to increased urbanization, a growing working population, and a rising disposable income.

Global Automotive Tinting Film Market Analysis:

Vehicle Type Analysis

Due to significant improvements in transportation and trade worldwide, especially in the Asia Pacific, light commercial vehicles held the largest revenue share and are expected to increase in demand during the forecast period. Tinting films are placed on the windshields for LCVs to block the UV rays and reduce glare. The drivers who transport the goods spend more time driving them and are exposed to harsh sunlight. The market share for passenger cars was a substantial one in 2021. Tinting films are used to protect passenger cars’ windows from the sun and interiors from the harmful effects of UV rays. Tinting films provide heat and glare reduction, as well as UV rejection. As disposable income rises and lifestyles change, passenger car and light commercial vehicle sales are projected to increase. This will drive overall demand.

Application Analysis

According to their application, the market can be divided into windows and windshields. The market was dominated by windshields in 2021. They are expected to continue dominating the market over the forecast period. Tinting films that are applied to windshields prevent the sun’s heat rays and UV rays directly from hitting passengers. This product reduces glare while providing clear vision and safety to the vehicle driver. Most automotive manufacturers use tinting films to prevent glare and improve driving experience and protection.

LCVs/HCVs are primarily designed to transport goods. This allows them to travel long distances at the same time. The sun’s harmful rays can cause discomfort and make it hard to drive for long periods of time. This product is designed to reduce the discomfort of driving and make it more enjoyable.
The forecast period will see significant growth in the windows application market. These films can be used on windows to protect from UV rays. The increasing demand for the product is expected to drive demand over the forecast period. It lowers the interior temperature of vehicles, protects them from UV rays, and offers comfortable driving experiences to passengers.

Key Market Segments:

By Vehicle Type

• Light Commercial Vehicles (LCVs)
• Passenger Cars
• Heavy Commercial Vehicles (HCVs)

By Application

• Windshields
• Windows

Market Dynamics:

Auto production units were temporarily stopped during the pandemic because of the government-imposed lockdown. This was to stop the spread of COVID-19 cases. Some plastic feedstocks were drastically reduced which had a major impact on the industry.

There is a possibility that laws regarding tinting in different countries will have a negative effect on the growth of their respective markets. There are exemptions in some countries like the U.S. for passengers or drivers who have certain medical conditions, including lupus, sun allergy, photosensitivity, and melanomas. India’s ban on window tinting will have an adverse impact on market growth. A few market players are pursuing initiatives such as mergers and acquisitions or strategies like acquiring divisions of competitors to improve their product offerings. To increase their market penetration, key players have focused on developing new products. Solar Gard, an international player in window tinting technologies, has announced ShengJia’s debut. This brand is also a vital Asian collaboration in automotive marketing. This alliance is expected to improve the company’s standing in the Asian automobile industry.
Technological advances such as the development of bio-based polyester fabrics and an increase in consumers’ purchasing power are expected to drive product growth. The global demand for automotive tinting films will rise due to increased awareness from consumers about the benefits and rapid recovery of this industry.

Markets will be restricted by the limitations of Visible Light Transmission. Tinting windows in automobiles can reduce the VLT through their windows. Low visibility can result in theft or accidents, especially at night. The quality of the window film produced is affected by the raw materials used to make it. Innovative processes are being developed by major players to create thin coatings, and double and triple glazing, which can reduce glare, block UV rays, and other effective methods. Global players are able to offer customers the best-priced films because they have an extensive distribution network around the world.

Regional Analysis:

North America accounted for the largest portion of the global market for 2021, accounting for 40%, due to its growing demand for LCVs and passenger vehicles. A lack of regulations regarding tinting films’ visible light transmission (VLT), percentage, and other aspects of the market are expected to drive growth. North America’s economic recovery has led to increased light commercial vehicles and the spending of consumers on passengers. These vehicles are being made with sustainable materials like polymers and are expected to have a positive impact on the region’s demand during the forecast period.
The forecast period will see rapid growth for these films in Asia-Pacific. The product is in high demand in emerging countries, especially for security and privacy reasons. Another positive factor for the Asia-Pacific market is the increasing demand from OEMs.

Key Regions and Countries covered in the report:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The market is very competitive. Manufacturers compete based on their product quality and the technology used to produce these films. Eastman Chemical Company is one of the most established players in this market. They use high-performance, sputter coated which improves solar heat rejection while still maintaining excellent optical properties.

Маrkеt Кеу Рlауеrѕ:

• The 3M Company
• TintFit Window Films Ltd.
• Eastman Chemical Company
• Johnson Window Films Inc.
• Avery Dennison Israel Ltd.
• Madico Inc.
• Global Window Films
• TWF
• Other Key Players

For the Automotive Tinting Film Market research study, the following years have been considered to estimate the market size: