Solar Control Window Films Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 11.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Solar Control Window Films Market Analysis
The market for solar control window films is expected to register a CAGR of 11.76% during the forecast period). Major factors driving the market studied are growing emphasis on reducing carbon footprints and the growing construction industry in the Asia-Pacific region. The growth in the smart glass market and other aftermarket issues, such as technical, warranty, and installation issues, is expected to hinder the growth of the market studied.
- The construction industry dominated the market and is expected to grow during the forecast period, owing to the ongoing surge in the construction industry globally, especially in the Asia-Pacific region.
- Growing concerns regarding UV protection are likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and India.
Solar Control Window Films Market Trends
This section covers the major market trends shaping the Solar Control Window Films Market according to our research experts:
Increasing Demand from Construction Industry
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Solar control window films are majorly used in the construction sector due to their ability to reflect the heat coming from solar radiation and maintain a comfortable ambiance in terms of the temperature inside the structure or building.
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Due to their transparent nature, these films or tints can be laminated on the glass surfaces present on the buildings. The other function of these films will be to hold the glass pieces together even after the occurrence of some cracks.
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Under the construction sector, solar control window films are mostly used in commercial and residential buildings.
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The construction spending in regions like Asia-Pacific and Middle East & Africa is increasing and the construction market is expected to grow over the forecast period.
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Moreover, in North America, especially the United States, the construction market has grown during the past years and has increased the solar control window film demand in the region.
China to Dominate the Market of Asia- Pacific Region
- The Chinese solar control window films market is driven by the construction market.
- The construction market in China is the largest in the region, which is almost two times the size of the construction industry of Japan
- China's residential building sector witnessed the growth accelerate in the past few years, as greater land supply was made available, in an effort to rebalance supply and demand and dampen the overheating housing market.
- Furthermore, the energy consumption in commercial and residential buildings is also increasing in China. Air conditioners are among the prime consumers of energy these days.
- Currently, more than one trillion kilowatt-hours of electricity is consumed by residential, commercial, and industrial air conditioning annually.
- Additionally, automotive heating, ventilation, and air conditioning systems (HVAC systems) also consume a huge amounts of energy, which results in the generation of exhaust emissions. However, China is already moving ahead and is expected to surpass the United States as the world's biggest user of electricity for air conditioning, by 2020.
- The aforementioned factors are contributing to the increasing demand for solar control window films’ consumption in the region, during the forecast period.
Solar Control Window Films Industry Overview
The solar control window film market is consolidated, with top five players accounting for about 50% of the market. The major companies include 3M, Solar Gard - Saint Gobain, Polytronix Inc., Purlfrost, and Eastman Chemical Company.
Solar Control Window Films Market Leaders
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3M
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Solar Gard - Saint Gobain
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Purlfrost
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Polytronix Inc.
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Eastman Chemical Company
*Disclaimer: Major Players sorted in no particular order
Solar Control Window Films Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Growing Emphasis on Reducing Carbon Footprints
- 4.1.2 Upsurge in the Asia-Pacific Construction Industry
- 4.1.3 Safety and Security
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4.2 Restraints
- 4.2.1 Growing Smart Glass Market
- 4.2.2 Technical, Warranty, and Installation Issues
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
- 4.5 Price Analysis
5. MARKET SEGMENTATION
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5.1 Film Type
- 5.1.1 Clear (Non-reflective)
- 5.1.2 Dyed (Non-reflective)
- 5.1.3 Vacuum Coated (Reflective)
- 5.1.4 High-performance Films
- 5.1.5 Other Film Types
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5.2 Absorber Type
- 5.2.1 Organic
- 5.2.2 Inorganic/Ceramic
- 5.2.3 Metallic
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5.3 End-user Industry
- 5.3.1 Construction
- 5.3.2 Automotive
- 5.3.3 Marine
- 5.3.4 Design
- 5.3.5 Other End-user Industries
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.2.4 Rest of North America
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 Italy
- 5.4.3.4 Spain
- 5.4.3.5 France
- 5.4.3.6 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle East & Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 United Arab Emirates
- 5.4.5.4 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Decorative Films LLC
- 6.4.3 Eastman Chemical Company
- 6.4.4 Garware Suncontrol
- 6.4.5 Avery Dennison Israel Ltd
- 6.4.6 Johnson Window Films Inc.
- 6.4.7 Madico
- 6.4.8 Polytronix Inc.
- 6.4.9 Purlfrost
- 6.4.10 Solar Control Films Inc.
- 6.4.11 Solar Gard - Saint Gobain
- 6.4.12 Thermolite
- 6.4.13 V-Kool USA INC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Concerns Regarding UV Protection
Solar Control Window Films Industry Segmentation
The solar control window films market report includes:
| Film Type | Clear (Non-reflective) | |
| Dyed (Non-reflective) | ||
| Vacuum Coated (Reflective) | ||
| High-performance Films | ||
| Other Film Types | ||
| Absorber Type | Organic | |
| Inorganic/Ceramic | ||
| Metallic | ||
| End-user Industry | Construction | |
| Automotive | ||
| Marine | ||
| Design | ||
| Other End-user Industries | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| Spain | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle East & Africa | Saudi Arabia |
| South Africa | ||
| United Arab Emirates | ||
| Rest of Middle East & Africa |
Solar Control Window Films Market Research FAQs
What is the current Solar Control Window Films Market size?
The Solar Control Window Films Market is projected to register a CAGR of greater than 11% during the forecast period (2024-2029)
Who are the key players in Solar Control Window Films Market?
3M, Solar Gard - Saint Gobain, Purlfrost, Polytronix Inc. and Eastman Chemical Company are the major companies operating in the Solar Control Window Films Market.
Which is the fastest growing region in Solar Control Window Films Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Solar Control Window Films Market?
In 2024, the Asia Pacific accounts for the largest market share in Solar Control Window Films Market.
What years does this Solar Control Window Films Market cover?
The report covers the Solar Control Window Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Solar Control Window Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Solar Control Window Films Industry Report
Statistics for the 2024 Solar Control Window Films market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Solar Control Window Films analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
