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solar-control films are available in a range of finishes and grades, with the highest performing films rejecting up to 77% of the sun’s solar energy.
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Solar Control Window Films Market size worth $1.71bn by 2024:Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Key Insights from Solar Control Window Films Market: • Global solar control window films market is projected to expand with 11.5% CAGR from 2016 to 2024. Rising product demand across end use industries such as construction and automotive is forecast to be key factor driving industry growth. • Metallic absorbers were valued at over USD 640 million in 2015. Increasing demand for improving style along with increasing decorative application is forecast to drive solar control window films market for metallic absorber type. • Automotive applications were responsible for over 25% of total volume in 2015. Increasing penetration in vehicles to enhance efficiency by stabilizing cabin temperature via solar rays will drive industry growth.
Continued... • Asia Pacific, followed by North America, was largest regional industry, accounting over 30% of global share in 2015. Increasing construction and automotive segment in the region is key factor driving this region. Argentina solar control window films market was valued above USD 20 million in 2015, and is estimated to rise over 10% CAGR. • Global solar control window films market is highly consolidated. Key industry players are Solar Control Films Inc., 3M, Thermolite, CPF Films, Llumar Window Films, Vista Windows Films, and Johnson Window Films. Other significant contributors include CHB Industries, Eastman Chemical Company, Madico Inc., Pleotint LLC, and Solamatrix.
Germany Solar Control Window Films Market Size, By Application, 2013-2024 (USD Million)
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360° Analysis • Application Analysis • Construction application was valued over USD 370 million in 2015. Widespread glass application across construction to enhance the appearance and increase the indoor lighting of the interiors may propel demand up to 2024. It also finds application in retail stores to attract customer by providing added clarity and gloss. • Regional Analysis • North America, led mainly by the U.S. solar control window films market size, was valued over USD 155 million in 2015. Increasing health awareness coupled with rising need for energy savings in the region is forecast to drive industry growth. • Europe solar control window films market share is set to gain steadily pver the next decade. • Competitive Market Share • Global solar control window films market share is highly consolidated. Major industry participants include Thermolite, Solar Control Films Inc., 3M, CPF Films, Llumar Window Films, Johnson Window Films, and Vista Windows Films. Other notable participants include Madico Inc., Eastman Chemical Company, Solamatrix, Pleotint LLC, Polytronix, and CHB Industries.
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