According to a new report Global Automotive Tinting Film Market, published by KBV Research, The Global Automotive Tinting Film Market size is expected to reach $4.1 billion by 2025, rising at a market growth of 4.9% CAGR during the forecast period. With changing lifestyle, continuous rise in purchasing power of consumers and the expected increase in sales of light commercial vehicles and passenger cars worldwide thereby fuel the demand for automotive tinting film market.
Windshield segment garnered the highest market share in 2018 and is anticipated to remain dominant throughout the forecast period. In the geographies without ban on tinting films, the automotive manufactures offer the cars with tinting films applied to give an access to a comfortable and protected driving experience. The Windows market segment is expected to witness a CAGR of 5.8% during (2019 - 2025).
The Passenger Cars market dominated the Global Automotive Tinting Film Market by Vehicle Type 2018. Light Commercial Vehicles (LCV) segment is anticipated to grow at fastest pace throughout the forecast period, owing to the significant growth in transport based businesses worldwide, majorly in Asia Pacific region.
The North America market dominated the Global Automotive Tinting Film Market by Region 2018, growing at a CAGR of 4.2 % during the forecast period. The Asia Pacific market would witness prominent growth rate of 6% during (2019 - 2025). Additionally, The Europe market is anticipated to witness significant CAGR of 4.5% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/automotive-tinting-film-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, Eastman Chemical Company, Saint-Gobain Group (Saint-Gobain Solar Gard, LLC), Tintfit Windows Films Ltd., Avery Dennison Corporation (Hanita Coatings RCA Ltd.), Johnson Window Films, Inc. (Johnson Laminating & Coatings, Inc.), Global Window Films, Lintec Corporation (Madico, Inc.), Technical Window Films, and Armolan Window Films.
By Vehicle Type
By Application
By Geography
Companies Profiled
Unique Offerings from KBV Research