Growing
requirement for protection from heat, dust, and UV rays inside vehicles is
anticipated to propel demand for automotive tinting film. Such film spreads,
being made from thermoplastic polymer resin, can be installed easily on the interiors
and exteriors of glass surfaces of four wheelers. Proper filming prevents
external heat to enter the vehicle and keeps the inner temperature favorable
for the travelers.
New Tinting Film to Reject More Heat
Major
application variants for automotive tinting film are windows and windshields.
In the coming years, windows segment is likely to exhibit a healthy CAGR of 5 %
during the forecast period (from 2018 to 2025). To cater to rising product demand,
most companies in this field are offering advanced tinting films to cover
windows in vehicles.
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Market Insights
The
global automotive tinting film market is estimated to reach at USD 4.48 billion
by 2025, according to a research report published by Grand View Research, Inc.
Growing demand for vehicle modification in order to improve its aesthetic value
is expected to impel the market growth over the coming years. Rise in
atmospheric temperature due to global warming is also anticipated to propel the
market demand in future. Increasing use of tint films to protect the interiors
of vehicles from UV rays, glare, and heat is likely to stimulate the growth of this
market.
Moreover,
growing number of privately-owned cars owing to high disposable income can also
foster the market in the next few years. Awareness regarding the benefits of using
tinting films in shielding expensive automotive paints may also have a major
impact on the market demand. Some of the leading companies offering
automotive tinting films are Avery Dennison Corporation, 3M Company, Lintec
Corporation, Saint-Gobain Performance Plastics, and Eastman Chemical Company.
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