Solar Control Window Films Market By Global Top Key Players: Solar Control Films, Thermolite, LLumar Window Films, Vista Windows Films, CPF Films, Johnson Window Films, Eastman Chemical Company, Polytronix
Solar control window films market is depicting an exponential growth globally, owing to the increased temperature gradient as a result of global warming. Now a days, it is extensively used in all the building constructions to create a protective layer between the building’s furnishings and harmful UV rays. As per the report by Global Market Insights, Inc., “Worldwide solar control window films market was worth USD 640 million in 2015 and will register an annual growth rate of more than 11% over the coming years of 2016 to 2024.” In addition, usage of window film eliminates the danger and damage caused due to broken glass during any natural disaster and accidents like storms, earthquakes, and chemical explosion etc. This, in turn, will favorably influence solar control window films industry share.
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.
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Top Key Players: -
The noteworthy participants in solar control window films market are Solar Control Films Inc., Thermolite, LLumar Window Films, Vista Windows Films, CPF Films, Johnson Window Films, Eastman Chemical Company, Polytronix, Inc., CHB Industries Inc., Madico Inc., Pleotint LLC, and Solamatrix, Inc.
Market share calculation in this report is not done based on companies covered in it. The calculation of solar control window films market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Geographically, Asia Pacific solar control window films market will generate a revenue of USD 540 million by 2024. The huge investment in the automotive and construction sector will augment the industry growth. India and China will be the major revenue contributors toward the development of the APAC market.
North America solar control window films industry was worth more than USD 155 million in 2015 and will register substantial growth rate over the period of 2016 to 2024. High demand for energy conservation coupled with increasing health awareness are estimated to be the prime drivers of the regional growth. U.S. is projected to be the major regional revenue pocket.
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Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data sources
Chapter 2. Executive Summary
2.1. Solar control window films industry 3600 perspective, 2013 – 2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
Chapter 3. Solar control window films Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.4 Technology landscape
3.5. Industry Impact forces
3.5.1. Growth drivers
184.108.40.206. Increasing concern on reducing carbon footprint
220.127.116.11. Growing construction industry in APAC
18.104.22.168. Rising need for safety and security.
3.5.2. Industry pitfalls & challenges
22.214.171.124. Threat of substitute from smart glass
126.96.36.199 Issues related with warranty and installation
3.6. Growth potential analysis
3.7. Porter's analysis
3.8. Company market share analysis, 2015
3.9. PESTEL analysis
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In 2015, solar control window films market from the construction application segment generated a revenue of USD 370 million and is poised to grow lucratively over the coming timeframe. The growth can be credited to the growing usage of glass to reduce the need of artificial light source and enhance appearance.
Based on the absorbers, solar control window film industry is bifurcated into inorganic, organic, and metallic absorbers. Metallic absorber market is anticipated to exhibit a CAGR of more than 11% over the coming seven years, owing to its extensive use across the various end-use sectors to address the décor requirements of the infrastructures. Organic solar control window films market will collect a revenue of around USD 240 million by 2024.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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