Construction sector is likely to be the largest revenue contributor into solar control window films market share. In 2015, construction applications accounted for more than $370 million in revenue of the total market share. The growth can be attributed to escalating adoption of solar control window films adoption in commercial and residential building construction. Application of glass for aesthetic appearance and indoor lighting in retail stores has propelled solar control window films industry growth.
Solar control window films industry forecast report estimates that automotive applications will register the highest gains due to advancing automotive sector. In 2015, automotive applications contributed with to around 25% share of overall solar control window films market. The segmental growth can be accredited to the rising demand for high efficiency in vehicles by for reducing cabin temperature raised by solar rays.
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In 2015, metallic absorbers accounted for more than $640 million revenue of total solar control window films industry share and is expected to showcase similar growth trends in the future. The growth can be attributed to the shifting interest of people towards improved style and decorationsve appearance.
In 2015, organic coatings segment accounted for 35% revenue in overall solar control window films market size and isare likely to grow at 10% CAGR over 2016-2024. Organic absorbers have found huge applications as in safety films toas they provide protection against glass shards.
Augmenting temperature gradient has resulted in as a result of global warming, which has enhanced the growth of solar control window films market size. Major application areas of solar control window films include construction, graphics, and automotive sectors. It They areas used in buildings as a protective shield for building from harmful UV rays and have witnessed exponential growth in deployment, which has fueled solar control window films industry share growth.
Solar control window films market share is likely to surpass a remuneration valuation of $1.71 billion by 2024, at a with CAGR of 11.5% over 2016-2024.
Asia Pacific solar control window films market share recorded more than 30% revenue of global share in 2015. The regional growth is driven by advancing construction and automotive sectors in the region. Countries, such as India, Japan, and China, haves been witnessing rapid industrialization and increased investments in infrastructural projectse. For instance, in 2015, China recorded spending of around $1.7 trillion in construction. The region has witnessed intensifying intensification in awareness regardingfor safety and security in commercial, automotive, and residential sectors.
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Some of the notable solar control window films market players are 3M, Solar Control Films Inc., Thermolite, Llumar Window Films, CPF Films, Johnson Window Films, and Vista Windows Films. More Other major contributors include Eastman Chemical Company, CHB Industries, Madico Inc., Solamatrix, and Pleotint LLC.
Table of Contents (ToC) of the report:
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data sources
Chapter 2. Executive Summary
2.1. Solar control window films industry 3600 perspective, 2013 – 2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
Chapter 3. Solar control window films Market Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.4 Technology landscape
3.5. Industry Impact forces
3.5.1. Growth drivers
22.214.171.124. Increasing concern on reducing carbon footprint
126.96.36.199. Growing construction industry in APAC
188.8.131.52. Rising need for safety and security.
3.5.2. Industry pitfalls & challenges
184.108.40.206. Threat of substitute from smart glass
220.127.116.11 Issues related with warranty and installation
3.6. Growth potential analysis
3.7. Porter's analysis
3.8. Company market share analysis, 2015
3.9. PESTEL analysis
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