- Opportunity and Forecast, 2016-2025
Solar control window films play a significant role in reduction of carbon footprints by acting as a protective sheet on windows. These films help to maintain cooler conditions, which in turn, saves energy costs by lowering air conditioning needs. Polyethylene terephthalate (PET) is used to manufacture these window films owing to its strength and optical properties. Temperature imbalance is corrected to provide more comfort and deflect harsh glare from sun. In addition, more than 99% of the harmful ultraviolet rays that cause fading in furnishings and fabrics are filtered out.
The global solar control window films market is driven by rise in concerns to reduce carbon footprint, growth in construction industry in Asia-Pacific, and increase in need for safety & security. However, emergence of smart glass and issues about warranty & installation limit the growth of the market. Technological innovation creates new opportunities in the industry.
Detailed segmentation of the global solar control window films market is offered in terms of product, application, absorber, and geography. Based on product, the market is segmented into clear, vacuum coated, dyed, and high-performance films. Applications covered in the study include construction, automotive, and graphics/decorative. By absorber, the market is classified into organic, inorganic, and metallic. Geographically, it is analyzed across North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.
Key manufacturers that operate in the industry are Thermolite, 3M, Solar Control Films Inc., Llumar Window Films, CPF Films, Johnson Window Films, Madico Inc., Eastman Chemical Company, and Vista Windows Films. These players have adopted new products launches, expansion, mergers & acquisitions, joint ventures, collaborations, partnerships, and others to gain stronger position and sustain in the market.
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