Window Films Landscape Is Slated To Reach A Valuation Of US$ 22 Billion By 2032

The global window film market was valued at roughly US$ 11.5 billion in 2021 and is expected to grow at a CAGR of 6% to reach US$ 22 billion by 2032. Demand for the sun-type segment is significant, and it is expected to grow at a CAGR of 5.5% from 2022 to 2032.

The window films intelligence study provides readers with a complete understanding of the worldwide market scene, allowing them to make informed business decisions. Through 2032, the APAC market is estimated to grow at a CAGR of more than 6%.

"Favorable government regulations and rapid advent of window film technology will predominantly augur well for the growth of window films market," states the Fact.MR report.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: -https://www.factmr.com/connectus/sample?flag=S&rep_id=2388?PS

𝗪𝗶𝗻𝗱𝗼𝘄 𝗙𝗶𝗹𝗺𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 - 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀

• Automotive applications are poised to grow 1.5X; residential and commercial applications collectively account for 58% market share.

• Sun control window films account for more than 2/5th of total sales.

• Aerospace and defense industries hold promise to push revenue growth of market at around 6% CAGR by 2029 end.

• East and South Asia are poised to collectively absorb a share of 1/3rd of the total market.

• North America and Europe remain leading regional markets.

𝗪𝗶𝗻𝗱𝗼𝘄 𝗙𝗶𝗹𝗺𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 - 𝗞𝗲𝘆 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗙𝗮𝗰𝘁𝗼𝗿𝘀

• Economic price point and light weight of window films continue to drive their sales across multiple end-use industries.

• Technological advancements such as dual reflective and spectrally selective films are favoring the market growth

• Improved government regulations and a resurgent automobile market are significantly contributing to the growth of the automotive segment, thereby propelling the overall market.

• Surging infrastructural developments in Asian countries such as India, China, South Korea, and Indonesia among others, are bolstering the market growth.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2388?PS

𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱

• 3M
• Eastman Chemical Company
• American Standard Window Film
• Saint-Gobain Performance Plastics Corporation (Solar Gard)
• Madico, Inc.
• Toray Plastics (America), Inc.
• Hanita Coatings RCA Ltd. (Avery Dennison Israel Ltd.)
• Johnson Window Films, Inc.
• Armolan Window Films
• Garware Sun Control
• Reflective Window Films

𝗪𝗶𝗻𝗱𝗼𝘄 𝗙𝗶𝗹𝗺𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 - 𝗞𝗲𝘆 𝗖𝗼𝗻𝘀𝘁𝗿𝗮𝗶𝗻𝘁𝘀

• Guarantee issues related to window films remain a longstanding challenge facing manufacturers to achieve full potential of sales growth.

• Limited consumer awareness about superior attributes and lower price point of window films over traditional decorative glass counterparts continues to be an impediment to rapid market growth.

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

The global market is highly fragmented with the presence of a large number of local and regional players. Market players are concentrating on product launches to broaden their market footprints.

• In November 2021, Suntuitive® Dynamic Glass released the Suntuitive MonoLite product, a dynamic glass, laced with intelligent window films. Suntuitive MonoLite is versatile in its applications and can be deployed in new, as well as, old infrastructure.

• Glassware Sun Control Ltd. runs pilot plants for film manufacturing, UV curing, Differential Scanning Calorimetry (DSC), and Environmental Test Chambers to enhance and develop new products.

• In February 2020, Saint Gobain issued a press release informing its stakeholders that window films and dynamic glass from their product portfolio were used in the new Tottenham stadium in the UK and the Academy of Museum of Motion Pictures in LA, California.

𝗚𝗲𝘁 𝗙𝘂𝗹𝗹 𝗔𝗰𝗰𝗲𝘀𝘀 𝗼𝗳 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/checkout/2388?PS

𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗪𝗶𝗻𝗱𝗼𝘄 𝗙𝗶𝗹𝗺𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵

By Product Type :

• Sun Control
• Decorative
• Security & Safety
• Privacy
• Polyurethane

By Application :

• Automotive
• Residential
• Commercial
• Marine
• Others

By Region :

• North America
• Europe
• East Asia Pacific
• South Asia & Oceania
• Middle East & Africa
• Latin America

Contact: 

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

About Fact.MR

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.