Automotive Tinting Film Market is Predicted to Grow with a CAGR of ~5% During 2024-2036; Radically Rising Demand for Car to Elevate Market Growth – Research Nester

Research Nester has published a detailed market report on ‘Automotive Tinting Film Market’ for the forecast period, i.e. 2024–2036. It includes the market growth in the aforesaid period, market growth drivers, market restraining factors, market segments, an in-depth study of market key players, and a few regions.
Global Automotive Tinting Film Market Size:
The global automotive tinting film market is estimated to grow at a CAGR of ~5% over the forecast period. The market is estimated to garner a revenue of ~USD 5 billion by the end of 2033, up from a revenue of USD 3 billion in the year 2022. The rising purchasing power of individuals worldwide, the surging demand for luxury cars, the increasing evolution of custom-designed interiors that acknowledge personal safety and protection from harmful sun rays, and the reduction in the price of car tinting films are some of the major drivers expected to drive market growth over the forecast period. The global sales of luxury cars will hit nearly 200K vehicles in 2026, surging from 190K vehicles in 2022.
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Global Automotive Tinting Film Market: Key Takeaways
• Market in Asia Pacific to propel the highest growth
• Passenger Cars segment to garner the highest growth
• Market in Europe to grow at the highest rate
Growth in the Demand for Cars to Boost Market Growth
The major market growth factors in the aforesaid time period can be attributed to the swiftly elevating global automotive industry owing to the rising demand for vehicles such as cars, two-wheelers, LCVs, and HCVs worldwide. It is projected that the revenue of the automotive industry across the world will reach around USD 9 trillion by 2030. Moreover, in India, it was found that a total of ~3.8 million units of cars were sold in 2022, which is ~23% more than in 2021. Additionally, SUVs share stood at ~45% of the total PV sales in 2022. Furthermore, with the growing global demand for high-end premium cars like SUVs, the demand for different types of roofs such as sunroofs, moonroofs, and Targa tops is expected to elevate, further boosting the growth of the automotive tinting film market in the forecasted period.
Global Automotive Tinting Film Market: Regional Overview
The global automotive tinting film market is further classified into a few major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.
Massive Automotive Exports to Power Growth in Asia Pacific
The automotive tinting film market in the Asia Pacific region is estimated to garner the largest revenue by the end of 2033. The rising automotive as well as auto parts exports from the region, along with the growing production of vehicles, are expected to bring lucrative growth opportunities for the automotive tinting film market in the region over the estimated time frame. It was observed that China exported some 400,000 commercial vehicles and over 2 million passenger vehicles in 2021. Moreover, the production of vehicles in the Asia Pacific region totaled nearly 46 million in 2021, as per statistics released by the International Organization of Motor Vehicles (OICA), with the overall sales in the region reaching 42 million in 2021. Additionally, owing to the existence of most giant key players and exporters in the region the regional market is expected to grow vertically.

Growing Automotive Manufacturing to Drive Growth in the Europe Region
The automotive tinting film market in Europe is estimated to garner the highest CAGR by the end of 2033. The growing research and development in the automotive industry as well as the radically heightening production of vehicles in the region, in addition to the elevating lifestyle of the populace, together with the rising demand for aesthetics for vehicles in the region, backed by the innovations in windshields for protection from the sun, and UV rays by the automotive OEMs, will drive the market growth in the region over the projected period. The automotive sector in the European Union (EU) is found to be the top investor in research and development (R&D), spending more than 58 million on innovation each year. Moreover, the union manufactures over ~12 million motor vehicles every year.
The study further incorporates Y-O-Y growth, demand & supply and forecast future opportunity in:
• North America (U.S., Canada)
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
• Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Global Automotive Tinting Film Market, Segmentation by Vehicle Type
o Passenger Cars
o Light Commercial Vehicles (LCVs)
o Heavy Commercial Vehicles (HCVs)
o Others
The passenger cars segment is anticipated to hold the largest revenue by the end of 2033. The tremendously increasing demand for passenger vehicles worldwide along with the rising share of disposable income along with the changing lifestyle of the populace where buying a car is becoming a basic need globally along with the augmenting working population together with the rising trend of shared mobility in cars for daily commuters are expected to lead the massive growth of the segment in the upcoming years. As revealed by the International Organization of Motor Vehicle Manufacturers (OICA), sales of passenger vehicles globally went up to 56 million in 2021 from 53 million in 2020, whilst production went up to 57 million in 2021 from 55 million in 2020.
Global Automotive Tinting Film Market, Segmentation by Application
o Windows
o Windshields
The windows segment is anticipated to hold the largest revenue by the end of 2033. The factors applicable to the growth of the segment include the rapidly rising rate of vehicle production globally backed by the growing demand for auto parts. The International Organization of Motor Vehicle Manufacturers (OICA) revealed that the production of vehicles around the world accounted for some 57 million in 2021, whereas global sales of vehicles hiked from 53 million in 2020 to about 56 million in 2021. Furthermore, the giant automotive OEMs are increasingly working towards meeting the varied set standards & laws of various countries while producing tinting films for automotive. For instance, as per Indian Standards, car window tint film RTO approved for the front and rear glasses must allow visibility of at least 70% whilst the side glasses must have at least shall allow 50% of visual light transmission.
A few of the well-known market leaders in the global automotive tinting film market that are profiled by Research Nester are Eastman Chemical Company, Madico, Inc., Johnson Window Films, Inc., Toray Industries, Inc., Saint-Gobain Performance Plastics Corporation, Avery Dennison Armolan Company, Huper Optik USA, 3M Company, TintFit Window Films Ltd., and other key market players.
Recent Development in the Global Automotive Tinting Film Market
• Eastman Chemical Company a manufacturer and marketer of high-performance window tint and paint protection film launched the LLumar IRX Series of automotive window tint in their LLumar automotive tint portfolio.
• Madico, Inc., a manufacturer of quality window films, plans to acquire its two Canadian distributors, Courage Distributing, Inc. and Window Film Systems.
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