Dublin, April 24, 2019 (GLOBE NEWSWIRE) -- The "Automotive Tinting Film Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Cars, LCV, HCV), By Application (Windows, Windshield), By Region, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive tinting film market size is expected to reach USD 4.46 billion by 2025. It is projected to expand at CAGR of 5.1% over the forecast period.
The major factor driving the demand for automotive tinting films is the increasing global automotive production. The demand for passenger vehicles has witnessed substantial growth, primarily from Asian countries such as India, China, and Japan.
The demand for passenger vehicles has seen an upsurge in developing economies on account of rapid urbanization and increasing working population and disposable income. This is expected to positively impact the product demand over the forecast period.
However, various regulations regarding the Visible Light Transmission (VLT) are expected to restrain the market growth. In addition, onset of Chinese tinted glasses in the global market is expected hamper the demand for tinting films.
Tinting films help reduce solar heat gain and winter heat loss and maintain sustainable and comfortable environment. In addition, the use of Ultra Violet-A filtering tinting films reduces the risk of skin cancer and skin damage. Environmental benefits offered by these films along with rising safety concerns among consumers is expected to drive the market.
The market is characterized by the presence of a large number of players. The competitive rivalry is quite intense in the automotive tinting film market owing to the presence of several large and small players. Constant growth of automotive industry is anticipated to further fuel the rivalry among competitors in near future.
Further key findings from the report suggest:
- LCV is expected to be the fastest growing segment of the global automotive tinting film market over the forecast period
- Windshield application segment in North America was estimated as the largest segment in 2018
- China was estimated to be the largest market in Asia Pacific region owing to rising demand for security and privacy
- Major market players are Eastman Chemical Company; 3M; Saint-Gobain Solar Gard; and Madico, Inc
Key Topics Covered
Chapter 1 Methodology and Scope
1.1 Information Procurement
1.2 Information Analysis & Research Methodology
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 Automotive Tinting Film: Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Automotive Tinting Film: Market Dynamics
3.3 Value chain analysis
3.3.1 Raw Material Trends
3.3.1.1 Purified Terephthalic Acid (PTA)
3.3.1.2 Polyethylene Terephthalate (PET)
3.4 Technology overview
3.5 Regulatory framework
3.6 Market variables analysis
3.6.1 Market Driver Analysis
3.6.1.1 Increasing Demand For Passenger Vehicles
3.6.2 Market Restraint Analysis
3.6.2.1 Limitations on visible light transmission (VLT)
3.7 Penetration and growth prospect mapping
3.8 Automotive tinting film market: Porters Five Forces Analysis
3.9 Automotive tinting film market: PESTEL analysis
Chapter 4 Automotive Tinting Film Market: Vehicle Type Estimates & Trend Analysis
4.1 Automotive Tinting Film Market: Vehicle Type movement analysis, 2018 & 2025
4.2 Passenger cars
4.3 Light Commercial Vehicles (LCVs)
4.4 Heavy Commercial Vehicles (HCVs)
Chapter 5 Automotive Tinting Film Market: Application Estimates & Trend Analysis
5.1 Automotive Tinting Film Market: Application Movement Analysis, 2018 & 2025
5.2 Windows
5.3 Windshield
Chapter 6 Automotive Tinting Film Market: Regional Estimates & Trend Analysis
6.1 Automotive tinting film market: Regional Market Share, 2018 & 2025
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Central & South America
6.6 Middle East & Africa
Chapter 7 Competitive Landscape
7.1 Competition overview
7.2 Competition Categorization
7.3 Vendor Landscape
7.4 Public companies
7.5 Private companies
Chapter 8 Company Profiles
8.1 3M Company
8.2 Eastman Chemical Company
8.3 Tintfit Window Films Ltd.
8.4 Hanita Coatings RCA Ltd.
8.5 Johnson Window Films Inc.
8.6 Global Window Films
8.7 Madico Inc.
8.8 Saint-Gobain Solar Gard LLC
8.9 Technical Window Films
8.10 Armolan Window Films
8.11 Nexfil Co. Ltd.
8.12 Solar Screen International S.A.
8.13 Huper Optik USA
For more information about this report visit https://www.researchandmarkets.com/r/1vuodh
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.