The global automotive tinting film market revenue is expected to expand at a lucrative CAGR over the forecast period. Increasing demand tint films to protect interior and automobile electronics from UV rays and heat is expected to drive market growth. However, countries such as India, Iraq, Kuwait, and Libya have banned installation of tinting films to prevent criminal activities and women harassment, which is expected to impact market growth over the forecast period
The global automotive tinting film market report has been segmented on the basis of application, vehicle type, and region.
On the basis of application, the global automotive tinting film market has been segmented into windows and windshields. Penetration of windows is expected to grow over the forecast period. Tinting films change the appearance of the vehicle and provide additional safety to the passengers inside.
On the basis of vehicle type, the global automotive tinting film market has been segmented into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Light commercial vehicles (LCVs) is expected to witness steady growth over the forecast period owing to growing demand for transportation sector across the world. Tinting films are installed on the windshield of the light commercial vehicles to reduce glare and UV rays effect.
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On the basis of region, the global automotive tinting film market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to be the fastest growing region in the global automotive tinting film market owing to increasing automotive production in the region. However, countries such as UK and Belgium have imposed several regulations specifying the percentage of visual light transmission (VLT) allowed on the glass of a vehicle, which is expected to hamper market growth in the region.
Key players operating in the global automotive tinting film market include Avery Dennison Corporation, 3M Company, Saint-Gobain Performance Plastics, Eastman Performance Films, LLC., Tintfit Window Films Ltd., Johnson Window Films, Inc., Armolan Window Films, Avery Dennison Israel Ltd., Madico, Inc., and Huper Optik USA.