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DUBLIN--(BUSINESS WIRE)--Oct 5, 2022--
The "Solar Control Window Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global solar control window films market size reached US$ 713.5 Million in 2021. Looking forward, the publisher expects the market to reach US$ 1,042.86 Million by 2027, exhibiting a CAGR of 6.53% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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:
The publisher 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 2022-2027. Our report has categorized the market based on type, film type and application.
Breakup by Type:
Breakup by Film Type:
Breakup by Application:
Breakup by Region:
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Solar Control Window Films Market
6 Market Breakup by Type
7 Market Breakup by Film Type
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/v27pdz
View source version on businesswire.com:https://www.businesswire.com/news/home/20221005005819/en/
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KEYWORD:
INDUSTRY KEYWORD: SUSTAINABILITY ENVIRONMENTAL HEALTH GENERAL AUTOMOTIVE AFTERMARKET RESIDENTIAL BUILDING & REAL ESTATE AUTOMOTIVE COMMERCIAL BUILDING & REAL ESTATE ENVIRONMENT CONSTRUCTION & PROPERTY OTHER MANUFACTURING CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/05/2022 03:59 PM/DISC: 10/05/2022 03:59 PM
http://www.businesswire.com/news/home/20221005005819/en