Global Solar Control Window Film Market Size to Grow at a CAGR of 6.50% Between 2023 and 2028

PRESS RELEASE

Published February 27, 2023

The ‘Global Solar Control Window Film Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global solar control window film market, assessing the market on the basis of its segments like product types, end uses, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Solar Control Window Film Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): Around USD 768.37 Million
• Forecast CAGR (2023-2028): 6.50%
• Forecast Market Size (2028): Nearly USD 1121.16 Million

The solar control window film market is expanding due to the benefits offered by these films, such as reduced energy usage and increased comfort in buildings and vehicles. These coatings enhance temperature regulation, lessen furniture fading, and minimise glare by reducing the penetration of sunlight through window glass. Additionally, these films are less expensive than costly windows and glasses and easier to install and maintain, which is boosting their utilisation in residential and commercial applications.

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The solar control window film market growth is anticipated to be supported by the increasing demand for solar control window films composed of heavy-duty polyester and high-performance adhesives due to their superior properties. In addition, solar control window films are utilised to increase the safety and strength of the window while reducing damage from shattered glass during accidents or natural catastrophes.

The demand for solar control window films in both commercial and residential buildings is significantly rising amid the growing awareness about the negative effects of ultraviolet (UV) radiation. As serious skin conditions, including skin cancer, can develop as a result of prolonged UV radiation exposure, increasing installations of solar control window films to prevent damaging UV rays from entering a building’s interior is likely to bolster the market demand in the forecast period.

Solar Control Window Film Market Definition and Major Segments

Solar control window film, also referred to as solar window film, is a thin polyester-based laminate for windows. It is an affordable way to upgrade windows and protect furniture while enhancing the comfortability of interior spaces. Solar control window films have become an integral part of homes, vehicles, and large buildings, to control the penetration of harmful UV rays.

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The market, based on product type, is segmented into:

• Clear Films
• Dyed Films
• Vacuum Coated Films

The solar control window film market, on the basis of end use, can be divided into:

• Automotive
• Construction
• Others

The regional markets for solar control window film include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Solar Control Window Film Market Trends

The introduction of strict government regulations aimed at improving the energy efficiency of buildings is one of the major trends fuelling the solar control window film market development. Additionally, as a result of growing energy prices, owners of homes and buildings are installing solar control window films in order to reduce their heating and cooling costs while enhancing the comfortability of interior spaces.

The solar control window film market expansion is propelled by an increasing focus by key players to develop advanced and innovative products. Leading companies are also deploying advanced solar control technologies to develop precision vacuum-coated solar control window films, which can be potentially used in cutting-edge applications like smart displays and windows.

Key Market Players

The major players in the global solar control window film market report include

• 3M Company
• Eastman Chemical Company
• Avery Dennison Corporation
• Saint-Gobain Performance Plastics Corporation
• Sican Co., Ltd.
• Madico, Inc.
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Global Solar Control Window Film Market Size to Grow at a CAGR of 6.50% Between 2023 and 2028

Solar Control Window Film Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

Solar Control Window Film Market Definition and Major Segments

Solar Control Window Film Market Trends

Key Market Players

IMARC