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Solar Control Window Films Market by Growth Strategies, Rising Trends and Revenue Analysis 2024

Author : Ronak Bora | Published Date : 2020-09-14 

Global solar control window films market is projected to expand with 11.5% CAGR from 2016 to 2024. Rising product demand across end use industries such as construction and automotive is forecast to be key factor driving industry growth.

Metallic absorbers were valued at over USD 640 million in 2015. Increasing demand for improving style along with increasing decorative application is forecast to drive solar control window films market for metallic absorber type.

Automotive applications were responsible for over 25% of total volume in 2015. Increasing penetration in vehicles to enhance efficiency by stabilizing cabin temperature via solar rays will drive industry growth.

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The main application areas of solar control window films industry include the automotive, construction, and graphics sectors. Automotive applications will record an annual growth rate of more than 11% over the period of 2016 to 2024. The growth can be attributed to the usage of film coatings on automotive glasses to help reduce fuel consumption by minimizing the load on the vehicle’s air conditioning system. In response to this factor, the enormously expanding automotive industry will create huge growth prospects for the solar control window films market over the years ahead.

Positive infrastructure spending trends coupled with rapid industrialization China, Japan, and India will drive industry growth. For example, China’s construction spending was above USD 1.7 trillion in 2015. Increasing awareness regarding safety and security in residential, commercial, and automotive sector may boost product demand. Window films offers enhanced safety by forming a shield and keeps broken part in place after breakage. However, growing smart glass demand to reduce energy bills may hinder solar control window films market growth.

Asia Pacific, followed by North America, was largest regional industry, accounting over 30% of global share in 2015. Increasing construction and automotive segment in the region is key factor driving this region.

Argentina solar control window films market was valued above USD 20 million in 2015, and is estimated to rise over 10% CAGR.

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Global solar control window films market is highly consolidated. Key industry players are Solar Control Films Inc., 3M, Thermolite, CPF Films, Llumar Window Films, Vista Windows Films, and Johnson Window Films. Other significant contributors include CHB Industries, Eastman Chemical Company, Madico Inc., Pleotint LLC, and Solamatrix.

Table of Contents (ToC) of the report:

Chapter 5.    Solar Control Window Films Market Insights, By Absorber

5.1.    Global Solar control window films industry share by absorber type, 2016 & 2024

5.2.    Organic

5.2.1.    Market estimates and forecast, 2013 - 2024

5.2.2.    Market estimates and forecast, by region, 2013 - 2024

5.3.    Inorganic

5.3.1.    Market estimates and forecast, 2013 - 2024

5.3.2.    Market estimates and forecast, by region, 2013 – 2024

5.4.    Metallic

5.4.1.    Market estimates and forecast, 2013 - 2024

5.4.2.    Market estimates and forecast, by region, 2013 – 2024

Chapter 6.    Solar control window films Industry Application Insights

6.1.    Global Solar control window films market share by application, 2016 & 2024

6.2.    Construction

6.2.1.    Market estimates and forecast, 2013 - 2024

6.2.2.    Market estimates and forecast, by region, 2013 – 2024

6.3.    Automotive

6.3.1.    Market estimates and forecast, 2013 - 2024

6.3.2.    Market estimates and forecast, by region, 2013 - 2024

6.4.    Marine

6.4.1.    Market estimates and forecast, 2013 - 2024

6.4.2.    Market estimates and forecast, by region, 2013 – 2024

6.5.    Graphics or decorative

6.5.1.    Market estimates and forecast, 2013 - 2024

6.5.2.    Market estimates and forecast, by region, 2013 – 2024

6.6.    Others

6.6.1.    Market estimates and forecast, 2013 - 2024

6.6.2.    Market estimates and forecast, by region, 2013 - 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/solar-control-window-films-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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