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Solar Control Window Films Market By Leading Key Players: 3M, Eastman Chemical Company, Madico Inc., Solar Gard Saint-Gobain, Garware Suncontrol Window Glass Films – India, Deposition Technology Innovations, Solamatrix, Inc., Thermolite Inc., Polytronix
Solar Control Window Films Market
Solar Control Window Films Market is expected to reach USD 1.71 billion to expand at over 11% CAGR up to 2024. Vacuum coated was largest product segment in 2015 owing to its consistent reflecting and high reflectivity coupled with impressive looks. However, high performance films and others product segment is forecast to witness strongest growth, at more than 11%.
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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.
Construction applications were valued at over USD 370 million in 2015 and will remain largest revenue contributors due to increasing demand across residential and commercial buildings. Automotive applications are forecast to experience highest gains owing to growing automotive sector.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. 3M, Eastman Chemical Company
2. Madico Inc.
3. Solar Gard Saint-Gobain
4. Garware Suncontrol Window Glass Films – India
5. Deposition Technology Innovations
6. Solamatrix, Inc.
7. Thermolite Inc.
8. Polytronix, Inc.
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• Global solar control window films product type Analysis (Revenue: USD Million, 2013 - 2024)
o Clear (Non-Reflective)
o Dyed (Non-Reflective)
o Vacuum Coated (Reflective)
o High Performance Films and Others
• Global solar control window films absorber type Analysis (Revenue: USD Million, 2013 - 2024)
o Organic
o Inorganic/Ceramic
o Metallic
Automotive application is projected to expand with over 11% CAGR in revenue. Vehicles during day time are widely exposed to sun light substantially increases the inside temperature and causes extra load on the air conditioning system which later affects the fuel consumption. These films help in maintaining the temperature inside was reflecting UV rays. Booming automotive industry may positively impact on solar control window films market size.
North America, led mainly by the U.S. solar control window films market size, was valued over USD 155 million in 2015. Increasing health awareness coupled with rising need for energy savings in the region is forecast to drive industry 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.
Global solar control window films market share is highly consolidated. Major industry participants include 3M, Thermolite Inc., Llumar Window Films, Solar Gard Saint-Gobain, Vista Windows, Decorative Films by Mary Anne,Eastman Chemical Company, Solamatrix, Inc., CHB Industries, Garware Suncontrol Window Glass Films - India, Deposition Technology Innovations, Polytronix, Inc., and Madico Inc.
Browse key industry insights spread across 80 pages with 103 market data tables & 11 figures & charts from the report, Solar Control Window Films Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/solar-control-window-films-market
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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