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According to Global Market Insights, Solar Control Window Films Market size is estimated to be over USD 1.71 billion by 2024 growing at a CAGR of over 11% during the forecast period. Vacuum coated was largest product segment in 2015 owing to its consistent reflecting and high reflectivity coupled with impressive looks. However, high performance films and others product segment is forecast to witness strongest growth, at more than 11%.Global solar control window films market is segmented into varied products like vacuum coated product, clear product, high performance films and dyed product. Vacuum coated product segment is predicted to register CAGR of more than 11% during forecast timeframe. Solar films when covered with reflective metal during vacuum coating method gives attractive looks. It also provides highly consistent and reflective coating predicted to boost industry expansion.
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Solar control window films market is depicting an exponential growth globally, owing to the increased temperature gradient as a result of global warming. Now a days, it is extensively used in all the building constructions to create a protective layer between the building’s furnishings and harmful UV rays. In addition, usage of window film eliminates the danger and damage caused due to broken glass during any natural disaster and accidents like storms, earthquakes, and chemical explosion etc. This, in turn, will favorably influence solar control window films industry share.
Rising acceptance of the films owing to increasing ecological as well as health concerns are predicted to be major factors fuelling industry growth during forecast period. These films inhibit emissions of greenhouse gases and protects body or property against ultra violet rays of sun. All these features are predicted enhance the demand of the product and contribute towards industry growth. Further, they block 80.1% of solar power leading to more than 30.1% of savings on utility expenses due to low cooling and heating costs. Also, government support to lessen carbon footprints have boosted demand for product. Rising demand for smart glass can be yet another product threat that can hinder solar control window films market expansion.
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. 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.
Browse key industry insights spread across 80 pages with 103 market data tables & 11 figures & charts from the report, “Solar Control Window Films Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/solar-control-window-films-market
Geographically, Asia Pacific solar control window films market will generate a revenue of USD 540 million by 2024. The huge investment in the automotive and construction sector will augment the industry growth. India and China will be the major revenue contributors toward the development of the APAC market.
The noteworthy participants in solar control window films market are Solar Control Films Inc., Thermolite, LLumar Window Films, Vista Windows Films, CPF Films, Johnson Window Films, Eastman Chemical Company, Polytronix, Inc., CHB Industries Inc., Madico Inc., Pleotint LLC, and Solamatrix, Inc.
Table Of Content For This Research Report:
Chapter 4. Solar Control Window Films Market Insights, By Product
4.1. Global Solar control window films market share by product type, 2015 & 2024
4.2. Clear (Non-Reflective)
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Dyed (Non-Reflective)
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Vacuum coated (Reflective)
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. High performance films and others
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/solar-control-window-films-market
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