Solar Control Window Films Market By Product (Clear, Dyed, Vacuum Coated Films), By Application (Automotive, Construction, and Others), and By Region - Trends, Analysis and Forecast till 2032

Report Code: PMI509523 | Publish Date: May 2024 | No. of Pages: 170

Solar Control Window Films Market Overview

Solar Control Window Films are made of PET (polyethylene terephthalate) and are applied over windows in the construction and automotive industries. The Solar Control Window Films are inserted over the window to improve performance by reducing glare, blocking UV rays, and also help in saving energy.

The growing population and rapid growth in the automotive and construction industries are likely to propel market growth. Growing residential sectors and smart building projects have further enhanced market growth. Government initiatives and the growing popularity of window Films are expected to foster the demand for Solar Control Window Films market growth.

Solar Control Window Films Market Drivers & Restraints

Growing demand from automotive industries to fuel market growth

Rapid growth in urbanization has given rise to automotive industries to meet transportation demand which, in turn, facilitated market growth. Protecting car seats and interior parts from harmful UV rays is likely to propel Solar Control Window Films market growth. Growing environmental concerns, rising prices of fossil fuels, and demand for electric vehicles have boosted the demand for Solar Control Window Films market growth.

For instance, according to (zeenews.india.com), in 2022, In India, demand for electric vehicles has increased exponentially. An Indian carmaker Tata Motors has won the category with sales of 15,198 electric cars with a share of 85.37%, and MG Motor India sold 2,045 vehicles with a share of 11.49% and won second place.

Thus, the growing adoption of electric vehicles has increased the demand for Solar Control Window Films market.

Restrains:

However, the availability of alternative solutions like solar control glasses has harmed target market growth. Further, solar control window Films reduce the amount of sunlight that enters the home in winter, which leads to colder winter and, thus, restrains the Solar Control Window Films market growth.

Solar Control Window Films Market Segmentations & Regional Insights

Solar Control Window Films Market Segmentation

Solar Control Window Films Market is segmented based on Product, Application and Region.

Product Insight

On the basis of Product, Solar Control Window Films Market is segmented into Clear, Dyed, Vacuum Coated Films. Vacuum Coated Films is expected to dominate the target market growth because it helps in reflecting largest amount of solar radiation by blocking harmful UV rays and keeping interior part cooler.

Application Insights

On the basis of Application, Solar Control Window Films Market is segmented into Automotive, Construction, and Others. Construction segment is expected to dominate the target market growth due to rapid growth in urbanization and growing construction of residential buildings.

Regional Insights:

On region the Solar Control Window Films Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific, market is estimated to witness a significantly high revenue share over the forecast period. Moreover, high disposable income, growing construction activities, rapid growth in urbanization, huge investment in smart city projects, growing automotive industries to fulfill need of transportation is anticipated to increase demand for Solar Control Window Films in the region.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Million & CAGR from 2022 to 2032

Market Segmentation

By Product - Clear, Dyed, Vacuum Coated Films

By Application - Automotive, Construction, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Solar Control Window Films Market report based on Product, Application, and Region:

Solar Control Window Films Market, By Product:

  • Clear
  • Dyed
  • Vacuum Coated Films

Solar Control Window Films Market, By Application:

  • Automotive
  • Construction
  • Others

Solar Control Window Films Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Solar Control Window Films Market Competitive Landscape & Key Players

The key players operating the Solar Control Window Films Market includes, Eastman Chemical Company, 3M, Johnson Laminating and Coating Inc., Compagnie de Saint Gobain, The Window Films Company, Madico Inc., Avery Dennison Israel Ltd., Garware Hi-Tech Films Limited, LINTEC Corporation, Sican Co. Ltd., and Others.

Solar Control Window Films Market Recent News

  • In May 2023, Solar Art acquired Nashville a TN Window Film Company. This acquisition will offer expanded set of product offerings to residential and commercial window tinting with solar insulation to customers.
  • In February 2022, Limitless Wraps announced to help local entrepreneurs to grow their business by providing cost-effective and popular form of business strategy with advertising. The company will offer high quality wraps with protection films to windshield, vehicle paint, headlights and interior part.

Solar Control Window Films Market Company Profile

  • Eastman Chemical Company*
  • 3M
  • Johnson Laminating and Coating Inc.
  • Compagnie de Saint Gobain
  • The Window Films Company
  • Madico Inc.
  • Avery Dennison Israel Ltd.
  • Garware Hi-Tech Films Limited
  • LINTEC Corporation
  • Sican Co. Ltd.

FAQs

The Solar Control Window Films Market is segmented into Product, Application and Region.

Solar Control Window Films Market is driven by factors like growing demand from automotive industries.

By region, the Solar Control Window Films market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Solar Control Window Films Market includes, Eastman Chemical Company, 3M, Johnson Laminating and Coating Inc., Compagnie de Saint Gobain, The Window Films Company, Madico Inc., Avery Dennison Israel Ltd., Garware Hi-Tech Films Limited, LINTEC Corporation, Sican Co. Ltd., and Others.

Solar Control Window Films Market accounted for US$ 765.2 Million in 2022 and is estimated to be US$ 1,520.8 Million by 2032 and is anticipated to register a CAGR of 6.7%.