The global solar control window films market size reached US$ 765 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,104 Million by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
|Solar Control Window FilmsMarket Size in 2022
||US$ 765 Million
|Solar Control Window FilmsMarket Forecast in 2028
||US$ 1,104 Million
|Solar Control Window FilmsMarket Growth Rate 2023-2028
Solar control window films includes thin layers of plastic or polyester-based films which reduce the steady accumulation of heat by improving the reflectivity and insulating properties of window glass. This helps control the amount of heat escaping through the windows, thereby reducing the need to cool the building with appliances like air conditioners and reducing carbon footprint. Moreover, they protect individuals against ultraviolet (UV) rays and prevent furniture from fading in car interiors and homes as well. A broad range of solar control window films, such as thermal insulation, heat reduction, UV filtration, privacy, and security, are available. Due to their ease of installation and affordability, these films are widely used in the residential and automotive sectors.
Solar Control Window Films Market Trends:
The market is majorly driven by the rapid utilization of solar control window films in residential and commercial buildings. This can be attributed to the shifting focus toward sustainable development, thus facilitating higher energy savings. In line with this, the rising concerns regarding the adverse effects of ultraviolet (UV) radiation, along with the augmenting need for a proficient solution to restrict their entry into building interiors, are resulting in a higher uptake of these window films. Also, the escalating product demand in the automobile industry as a drop-in solution for CO2 emission reduction, cooler cabin ambience, and fuel efficiency is providing an impetus to the market growth. Furthermore, favorable government initiatives promoting the adoption of renewable energy sources are creating a positive outlook for the market. Some of the other factors that are contributing to the market include rapid urbanization and industrialization, the inflating disposable income levels of the masses, and extensive research and development (R&D) activities conducted by key players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global solar control window films market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, film type and application.
Breakup by Type:
Breakup by Film Type:
- Vacuum Coated Films
Breakup by Application:
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Avery Dennison Israel Ltd, Eastman Chemical Company, Garware Suncontrol, Johnson Window Films Inc., Madico Inc, Purlfrost Ltd., Saint-Gobain Performance Plastics Corporation (Saint-Gobain S.A.), Sican Co. Ltd., The Window Film Company and V-Kool USA INC.
|Base Year of the Analysis
||Type, Film Type, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||3M Company, Avery Dennison Israel Ltd, Eastman Chemical Company, Garware Suncontrol, Johnson Window Films Inc., Madico Inc, Purlfrost Ltd., Saint-Gobain Performance Plastics Corporation (Saint-Gobain S.A.), Sican Co. Ltd., The Window Film Company and V-Kool USA INC
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Key Questions Answered in This Report:
- How has the global solar control window films market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global solar control window films market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the film type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global solar control window films market and who are the key players?
- What is the degree of competition in the industry?