According to Fortune Business Insights the global automotive tinting film market was valued at USD 1,450.1 million in 2019 and is expected to grow to USD 1,679.2 million by 2027, registering a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “Automotive Tinting Films Market Size, Share & Industry Analysis, By Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Application (Windshield, and Windows), and Regional Forecast, 2025-2032”
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Automotive Tinting Film Market Segmentation Analysis:
By Vehicle Type:
Passenger vehicles hold the largest market share due to their high global fleet size and consumer preference for styling. However, in regions like North America, light commercial vehicles (LCVs) see more tinting usage due to higher ownership. The growing trend of customizing luxury vehicles is also driving demand for tinting films.
By Application:
Rear windows and windshields are the primary areas for tint film application, driven by the need for sun protection and privacy. Rising global temperatures and increasing youth interest in aesthetic customization are fueling growth. However, restrictions on windshield tinting in certain countries may limit adoption.
List of the Key Players in the Automotive Tinting Film Market:
- The 3M Company (US)
- Eastman Performance Films, LLC {LLUMAR} (US)
- Johnson Automotive Tinting Film, Inc. (US)
- Toray Plastics (America), Inc. (US)
- Solar Gard (Saint-Gobain Performance Plastics Corporation) (US)
- Madico Inc. (US)
- Avery Dennison Corporation (US)
- Garware Suncontrol (India)
- ZEOfilms (China)
- American Standard Automotive Tinting Film (US)
- Other Players
Market Driver:
Rising carbon emissions and global temperatures are boosting demand for automotive tinting films. Government regulations on emissions and film visibility, such as bans on dark tints in India and restrictions in New Jersey, are shaping market dynamics. Additionally, growing consumer preference for tint films to reduce vehicle heat is expected to drive market growth.
Market Restraint:
The COVID-19 pandemic led to a sharp decline in car sales and production, disrupting the automotive tinting film market. For example, UK car sales dropped by 89% in May 2020. The global market is estimated to have contracted by 15–20% in 2020, with recovery expected from mid-2021.
Regional Analysis:
The market in Asia Pacific generated a revenue of USD 636.2 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others.
Key Industry Developments:
- August 2019 – Madico Inc., a US-based manufacturer of window tinting film, successfully acquired two Canadian distributors of window films to create a new entity Madico Canada. The company is set to operate both the distribution sites of Oakville, Ontario, and British Columbia to serve the local markets. This has strengthened the company’s position in North America.
- January 2020 – SolarGard, one of the key players in automotive tinting film headquartered in the US, announced an Asian automotive distribution partnership under the brand name of ShengJia. The partnership is set to strengthen the company’s hold over the Asian Automotive Industry.
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