IMARC Group, a leading market research company, has recently releases report titled Solar Control Window Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The study provides a detailed analysis of the industry, including the global Solar Control Window Films Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big Is The Solar Control Window Films Market?
The global solar control window films market size reached US$ 765 Million in 2022. Looking forward, IMARC Group expects themarket to reach US$ 1,104 Millionby 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
What are Solar Control Window Films?
Solar control window films include thin layers of plastic or polyester-based films that minimize the steady accumulation of heat by enhancing the reflectivity and insulating characteristics of window glass. They aid in controlling the amount of heat escaping via the windows, thereby reducing the need for cooling the building with appliances, including air conditioners, and minimizing carbon footprint. Some of the commonly available types of solar control window films include thermal insulation, heat reduction, UV filtration, privacy, and security. They protect individuals against ultraviolet (UV) rays and prevent furniture from fading in car interiors as well as homes.
What Are The Growth Prospects And Trends In The Solar Control Window Films Industry?
The growing consumer inclination towards sustainable development and higher energy savings is among the key factors augmenting the solar control window films market. Furthermore, various adverse effects of ultraviolet (UV) radiation are bolstering the need for an excellent solution to restrict their entry into building interiors, which is catalyzing the market growth. Apart from this, the widespread adoption of solar control window films in residential and commercial buildings is acting as another significant growth-inducing factor.
Moreover, the escalating demand for these films in the automotive sector as a drop-in solution for cooler cabin ambiance and fuel efficiency is further stimulating the market growth. Besides this, the launch of several favorable policies by government bodies to promote the utilization of renewable energy sources is also positively influencing the global market. Additionally, the rising levels of industrialization and extensive RD activities conducted by leading manufacturers are expected to fuel the solar control window films market in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Organic
- Metallic
- Ceramic
Breakup by Film Type:
- Clear
- Dyed
- Vacuum Coated Films
- Others
Breakup by Application:
- Construction
- Automotive
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 3M Company
- Avery Dennison Israel Ltd
- Eastman Chemical Company
- Garware Suncontrol
- Johnson Window Films Inc.
- Madico Inc, Purlfrost Ltd.
- Saint-Gobain Performance Plastics Corporation (Saint-Gobain S.A.)
- Sican Co. Ltd.
- The Window Film Company and V-Kool USA INC.
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