Solar Control Window Films Market is Forecasted to Reach US$ 1178.94 Million in 2028, Says Stratview Research

The global solar control window films market is projected to witness a growth rate of 6.56% annually from 2023 to 2028 with an anticipated size of US$ 1178.94 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global solar control window films market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 1178.94 million
Growth (CAGR): 6.56% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Solar Control Window Films Market:

The global solar control window films market is segmented based on product type, absorber type, end-user industry type, and region.

Based on product type - The market is segmented as clear (non-reflective), dyed (non-reflective), vacuum-coated (reflective), high-performance films, and others. Vacuum-coated (reflective) films held more than 40% market share in 2022 and are expected to witness a significant growth rate in the market during the forecast period, owing to their characteristics such as high reflectivity, consistent coating, and being highly effective in blocking UV radiation.

Based on absorber type - The market is segmented as organic, inorganic/ceramic, and metallic. The organic absorber segment is expected to hold the major share of the market on account of its economical cost as compared to ceramic or metallic absorbers. On the other hand, metallic absorbers are expected to have a higher growth rate in the market during the assessment period due to increasing demand from decorative applications.

Based on end-user industry type - The market is segmented as construction, automotive, marine, decorative, and others. The construction industry held more than 50% market share in 2022 and is estimated to account for the major share of the market due to increasing focus on carbon footprint reduction and energy savings in the construction industry. In addition, stringent regulations regarding energy consumption in buildings and increasing demand for energy-efficient houses are the other major factors expected to drive the market growth over the forecast period.

To know the most attractive segments, click here:
https://stratviewresearch.com/2062/Solar-Control-Window-Films-Market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific held more than 30% market share in 2022 and is estimated to be the leading region in the market for solar control window films during the following period. This growth outlook is majorly attributed to the following-

• The region's growth is supported by the growing construction and automotive industries in the region, especially in the emerging economies, such as China and India.
• Furthermore, growing focus on reducing carbon footprints is expected to fuel the market growth over the following period.
• North America and Europe are also expected to offer substantial growth opportunities over the assessment period.

Solar Control Window Films Market Drivers:

Some of the key drivers listed in the report are given below.

• Growing concern about UV protection, increasing demand from the construction industry, and strict regulations about energy consumption.
• In addition, the growing automotive industry and increasing concerns such as fuel efficiency and CO2 emissions reduction.

Top Companies in the Solar Control Window Films Market:

Stratview Research has identified the following companies as the top market players.
• Armolan Window Films
• Decorative Films, LLC.
• Eastman Chemical Company
• Hanita Coating
• Johnson Window Film
• Madico Inc.
• Purlfrost Ltd.
• Solar Control Film Inc.
• Solar Gard-Saint Gobain
• The 3M Company.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Solar Control Window Films Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Window Films Market: https://stratviewresearch.com/2982/window-films-market.html
• Thin Film Encapsulation Market: https://stratviewresearch.com/2678/Thin-Film-Encapsulation-Market.html

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This release was published on openPR.