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  • Solar Control Window Films Market Growth Analysis | 2023-2028

    Solar Control Window Films Market Growth Analysis | 2023-2028

    Solar Control Window Films Market Growth Analysis | 2023-2028
    Report code - SR1220 Delivery - 2 Weeks
    Solar Control Window Films Market Size, Share, Trends, Dynamics, Forecast, & Grow See more...

    Market Insights

    The solar control window films market was estimated at USD 801.19 million in 2022 and is likely to grow at a CAGR of 6.56% during 2023-2028 to reach USD 1178.94 million in 2028.

    Solar-Control-Window-Films-Market-size

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    What is solar control window film?

    Solar control window film is a thin protective layer applied on the windows to reduce solar heat, block UV radiation, and moderate the amount of glare and visible light. Solar control window films are reflective or non-reflective. Reflective films are designed to absorb energy and reject solar energy, whereas non-reflective films are designed to absorb unwanted light and heat.

    Solar Control Window Films Market Highlights

    Market Size in 2028

    USD 1178.94 Million

    Market Size in 2022

    USD 801.19 Million

    Market Growth (2023-2028)

    CAGR of 6.56%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Dynamics

    These factors are expected to boost the demand for market in the coming year:

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

    Solar-Control-Window-Films-Market-Snapshot

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    Key Players

    Some of the key players in the solar control window films market are-

    • The 3M Company
    • 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.

    Segments Analysis

    By Product (Film) 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 radiations. 

     By 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.

    By 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.

    Regional Analysis

    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. 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-Regional-Analysis

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    Segmentation

    Report - Features

    Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >130

    Company Profiles

    10

     

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories-

    By product (film) type:

    • Clear (Non-Reflective)
    • Dyed (Non-Reflective)
    • Vacuum Coated (Reflective)
    • High-Performance Films
    • Others

    By absorber type:

    • Organic
    • Inorganic/Ceramic
    • Metallic

    By end-user industry type:

    • Construction
    • Automotive
    • Marine
    • Decorative
    • Others

    By region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Italy, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Brazil, the Middle East, and Others)

    Solar-Control-Window-Films-Market-Segments

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision making for the existing players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Solar Control Window Films Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization Option

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Segmentation

    • Current segmentation by any one of the product types by end-user industry type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Solar control window film is a thin protective layer applied on the windows to reduce solar heat, block UV radiation, and moderate the amount of glare and visible light. Solar control window films are reflective or non-reflective. Reflective films are designed to absorb energy and reject solar energy, whereas non-reflective films are designed to absorb unwanted light and heat.

    The solar control window films market is expected to grow at a CAGR of 6.64% during the upcoming five years.

    Major factors such as growing concern about UV protection, increasing demand from construction industry, and strict regulations about energy consumption are expected to drive the growth of the market.

    The solar control window films market size is estimated to grow from USD 801.19 Mn in 2022 to USD 1178.94 Mn by 2028.

    The study period of the market is 2016-2028.

    Asia-Pacific is estimated to be the leading region in the market during the assessment period.

    The 3M Company, Armolan Window Films, Decorative Films, LLC., Eastman Chemical Company, Hanita Coating, Johnson Window Film, Madico Inc., Purlfrost Ltd., Solar Control Film Inc., and Solar Gard-Saint Gobain are the key companies in the market.

    The construction segment has the largest share of the market during the estimated time.

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