Automotive Tinting Film Market Size, Share & Trends Analysis Report By Vehicle Type (LCVs, HCVs), By Application (Windows, Windshields), By Region (North America, Asia Pacific), And Segment Forecasts, 2023 - 2030

Report Overview

The global automotive tinting film market size was valued at USD 6.65 billion in 2022 and is anticipated to progress at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. The industry is anticipated to be driven by the growing automotive industry globally, particularly in the developing nations of the Asia Pacific, Central America, and South America regions. Consumer propensity for protection of expensive luxury car interiors and personal safety from harmful sun rays are some of the factors that are expected to drive the market over the forecast period. Demand for passenger cars in developing countries has increased on account of rising disposable income, growing working population, and rapid urbanization, which will drive the market further.

The COVID-19 pandemic had a negative impact on the global industry in 2020. Due to the government-imposed shutdown to stop the spread of the virus, vehicle facilities were temporarily shut down. Some plastic feedstock manufacturing has been substantially cut, which has had a significant influence on the global industry. Tinting laws in different countries are expected to negatively impact market growth. Some countries, such as the U.S., have exemptions if passengers or drivers suffer from certain medical conditions, such as sunlight allergies, lupus, photosensitivity, or melanoma. The window tinting ban in India is expected to have a negative impact on regional market growth.

Several manufacturers in the market are undertaking initiatives, such as mergers & acquisitions, and strategies, such as acquiring the division of other competitors, to expand their vehicle type portfolio. Key players are focused on developing new vehicle types, thereby increasing their market penetration. Technological advancements, such as the introduction of bio-based polyester films, combined with rising consumer purchasing power, are expected to drive vehicle demand. Furthermore, rising consumer awareness about the product benefits, combined with the automotive industry's rapid recovery, is expected to boost vehicle demand during the forecast period. Visible Light Transmission (VLT) restrictions are expected to limit the industry's growth.

Window tinting in cars reduces VLT through car windows. Poor visibility can lead to theft or an accident, especially at night. The raw material used to manufacture vehicle type plays an important role in the quality of the window films manufactured. Major players are constantly working on innovative processes for thin coatings and more efficient double and triple-glazing methods for high levels of glare reduction and UV blocking. Global players have a strong distribution network and offer products at the most economical prices. For example, TintFit Window Films Ltd. received the award for Best National Window Film Supply and Installer in 2021.

Vehicle Type Insights

On the basis of vehicle types, the industry has been categorized into passenger cars, Heavy Commercial Vehicles (HCVs), and Light Commercial Vehicles (LCVs). The passenger cars vehicle type segment dominated the global industry in 2022 and accounted for the maximum share of more than 65.68% of the overall revenue. Tinting films are applied to passenger car windows and windscreens to protect from harmful UV rays. Tinting films reduce heat and glare while also protecting against UV rays.

On account of the rising disposable income and changing lifestyles, the sales of passenger cars and LCVs worldwide are expected to increase during the forecast period. This, in turn, is estimated to drive the overall product in the years to come. With constant improvements in transportation and trade around the world, especially in the Asia Pacific region, the demand for LCVs is expected to rise during the forecast period. Window tint films are applied to the windshields of LCVs to reduce glare and block UV rays.

Application Insights

In terms of revenue, the windshields application segment dominated the industry and accounted for the maximum share of more than 69.35% in 2022. Tinting films provide protection from UV rays. The vehicle type reduces glare and ensures the clear vision and safety of the driver. Most automobile manufacturers use tinting films to provide the best driving experience & protection and avoid glare. Harmful sunlight entering the vehicle through the windshield can cause driving discomfort and make long drives difficult.

It helps reduce this effect and makes driving comfortable. The windows application segment is also expected to experience significant growth during the forecast period. Tinting films are used to provide protection against harmful UV rays. The increasing product demand to reduce vehicle interior temperatures, protect interiors from UV rays, and provide a comfortable driving experience for passengers is expected to drive the growth of this segment over the forecast period.

Region Insights

The North America region dominated the global industry in 2022 and accounted for the largest share of more than 33.50% of the overall revenue. The region is projected to expand further at a steady CAGR retaining its leading position throughout the forecast period. This is due to the high demand for light commercial and passenger vehicles in the U.S. The market is also expected to grow due to minimum regulations regarding the Visible Light Transmission (VLT) percentage of tint films. North America’s economic recovery has resulted in increased consumer spending on passenger cars and LCVs.

These vehicles are increasingly being manufactured with environmentally friendly materials, such as polymers, which are expected to boost the demand for these vehicle types in the region during the forecast period. On the other hand, the Asia Pacific region is expected to register the fastest growth rate over the forecast years. Light commercial vehicles are becoming increasingly popular in emerging markets for privacy and security reasons. Another factor that is expected to have a positive impact on the Asia Pacific regional market growth is the increasing demand for vehicle type from OEMs.

Key Companies & Market Share Insights

Key industry participants compete based on the quality of vehicle types offered, vehicle type development capabilities, and new technologies used in vehicle types. For instance, in January 2020, Solar Gard, one of the key global players in window tinting technology, launched ShengJia in China, a new paint protection brand as well as a crucial Asian automobile marketing collaboration. This collaboration is expected to strengthen the company’s position in the Asian automotive industry. Some of the prominent players in the global automotive tinting film market include:

• 3M

• Eastman Chemical Company

• TintFit Window Films Ltd.

• Avery Dennison Israel Ltd. (Hanita Coatings RCA Ltd.)

• Johnson Window Films, Inc.

• GLOBAL WINDOW FILMS

• Madico, Inc.

• Saint-Gobain Performance Plastics Corp.

• TWF

• Armolan

• NEXFIL

• Solar Screen International SA

• Huper Optik USA

Automotive Tinting Film Market Report Scope

Global Automotive Tinting Film Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2019 to 2030. For the purpose of this study, Grand View Research has segmented the global automotive tinting film market report on the basis of vehicle type, application, and region:

• Vehicle Type Outlook (Volume, Square Foot; Revenue, USD Million, 2018 - 2030)

  • Passenger Cars

  • Light Commercial Vehicles (LCVs)

  • Heavy Commercial Vehicles (HCVs)

• Application Outlook (Volume, Square Foot; Revenue, USD Million, 2018 - 2030)

  • Windows

  • Windshields

• Regional Outlook (Volume, Square Foot; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • U.K.

    • Italy

    • Russia

  • Asia Pacific

    • China

    • India

    • Japan

    • Thailand

    • Indonesia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • UAE

    • South Africa