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Global Solar Control Window Film Market by Application (Construction, Automotive), by Product (Clear, Dyed, Vacuum Coated) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-74836
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 97
  • No. Of Pages: 208
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global solar control window film sales reached USD 505.1 million in 2015. This market is expected to grow at a rate of 6% between 2016 and 2024. Solar control films are used to protect windows from UV rays and infrared radiations.

The market has seen a rise in construction, which is accompanied by superior properties such as energy savings and reducing carbon footprints. The market has seen a rise in demand due to stringent regulations on energy consumption in commercial buildings.

These benefits are not only important, but they also protect the paint and coatings in rooms and cars from the sun-rays. They also provide insulation throughout the year. Due to extreme weather conditions, countries like Brazil, Mexico, India, and India are particularly important for product demand.

The market for solar control window films includes raw material suppliers, manufacturers and distributors. It also includes end-user applications. The market for solar control window films is expected to grow due to the increasing demand from end-use sectors like construction and automotive. The main raw material used in the production of the films is polyethylene terephthalate. Other raw materials include dyes, adhesives, and metals like stainless steel and silver. Due to the existence of many established suppliers and manufacturers, the market for solar control windows films is very competitive.

Polyethylene terephthalate, which was patented in England in 1941 and is the most widely used pollster. It is also a primary material in the production of solar control window film. PET has excellent strength and optical clarity, making it the best material to make solar control window films. PET can also be used to make bottles and other containers. PET can also be recycled to make carpets and clothing fiber. Globally, the PET market has grown due to the growing demand for solar control windows films.

Application Insights

In 2015, the construction sector accounted for more than 50% of the total market. Both the residential and commercial construction industries have seen significant growth due to factors such as industrialization and lenient lending policies. The segment is expected to grow at a rate of 6.2% over the forecast period, following closely by the automotive segment. From 2016 to 2024, the construction segment will experience a 6.2% CAGR. According to the Asian Development Bank (ADB), the Asia Pacific region will invest between USD 8 trillion and USD 9 trillion in new infrastructure activities in 2010-2020, thereby fueling the region's construction industry growth.

In 2015, the automotive industry was second in terms of solar control window film applications. The demand for solar control windows for vehicles has grown due to the growing global automotive industry and rising temperatures. The market may be constrained by strict regulations about the shades of these products.

Product Insights

The largest share of all product types was held by the vacuum-coated solar control window films in 2015. It is expected to grow at a CAGR 6.4% between 2016 and 2024. The product's metal content reflects heat and blocks harmful UV rays. This can cause cancer. These films are more effective at reflecting solar radiation and keep the interiors cool than other films.

Regional Insights

Asia Pacific held the largest market share, 34.4%, in 2015's global market. Due to its growing construction sector, it is expected to be the fastest-growing area. Emerging countries like India and China dominate the construction industry in this area. This region will also see a growing automotive industry that will drive demand for solar control windows films.

Due to the growth in construction activity, the Middle East and Africa will see a steady increase in demand for solar control windows films. The slowdown in Europe's construction industry has led to a slower growth in the market for solar control films in this region. Between 2007 and 2009, some countries in Europe like Spain and Greece are still suffering from the effects of the economic depression.

Market Share Insights & Key Companies

The industry is fragmented due to the presence of many suppliers and manufacturers. 3M Company (U.S.), Eastman Chemical Company, U.S.), Saint-Gobain Limited (France), Garware Polyester Limited Limited (India) are some of the major players. These companies use strategic development to increase their market presence, including mergers and acquisitions, expansions, product developments, agreements, collaborations and joint ventures.

Eastman Chemical Company, for example, announced in September 2013 that it would expand its window film business with a USD 40 million investment in Henry County, California between 2013 and 2016. SolarGard, a Saint-Gobain subsidiary, opened a new manufacturing plant in China for its automotive and construction products segment. The company's presence in China was further strengthened by this expansion.

Johnson Laminating and Coating, Inc., Hanita Coatings RCA Ltd., Sican Co. Ltd., The Window Film Company, Polytronix Inc., and Madico, Inc. are some of the other players.

Solar Control Window Film Market Report Scope

These are the most frequently asked questions about this report

b. Global solar control window film market was valued at USD 636.3 Million in 2019, and is forecast to grow to USD 674.1 Million in 2020.

b. Global solar control window films market will grow at a compound annual rate of 6% between 2016 and 2024 to reach USD 849.2 millions by 2024.

b. Clear window held 51.1% of the market share in solar control window films in 2019, compared to 51.1% for clear window. Clear window dominated the solar control film market with a share of 51.1% in 2019. This is due to its ability to reflect the most solar radiation and keep the interiors cooler.

b. Among the key players in the solar control film market are 3M Company (U.S.), Eastman Chemical Company, U.S.), Saint-Gobain Limited (France), Garware Polyester Limited (India).

b. The market's growth is driven by the ability to protect interiors of buildings or cars from harmful ultraviolet (UV) radiations (IR).

Up Market Research published a new report titled “Solar Control Window Film Market research report which is segmented by Application (Construction, Automotive), by Product (Clear, Dyed, Vacuum Coated), By Players/Companies Eastman Chemical Company (US), Saint-Gobain (France), Garware Polyester Limited (India), 3M Company (US)”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report AttributesReport Details
Report TitleSolar Control Window Film Market Research Report
By ApplicationConstruction, Automotive
By ProductClear, Dyed, Vacuum Coated
By CompaniesEastman Chemical Company (US), Saint-Gobain (France), Garware Polyester Limited (India), 3M Company (US)
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages208
Number of Tables & Figures146
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Solar Control Window Film Industry Outlook

Global Solar Control Window Film Market Report Segments:

The market is segmented by Application (Construction, Automotive), by Product (Clear, Dyed, Vacuum Coated).

Solar Control Window Film Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Solar Control Window Film Market

Overview of the regional outlook of the Solar Control Window Film Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Solar Control Window Film Market Overview

Highlights of The Solar Control Window Film Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Solar Control Window Film Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application:

                1. Construction

                2. Automotive

        7. By Product:

                1. Clear

                2. Dyed

                3. Vacuum Coated

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Solar Control Window Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Solar Control Window Film Market Trends

Reasons to Purchase the Solar Control Window Film Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Control Window Film Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Solar Control Window Film Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Solar Control Window Film Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Solar Control Window Film Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Solar Control Window Film Market Size & Forecast, 2018-2028 
      4.5.1 Solar Control Window Film Market Size and Y-o-Y Growth 
      4.5.2 Solar Control Window Film Market Absolute $ Opportunity 


Chapter 5 Global Solar Control Window Film Market Analysis and Forecast by Application
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application
      5.1.2 Basis Point Share (BPS) Analysis by Application
      5.1.3 Absolute $ Opportunity Assessment by Application
   5.2 Solar Control Window Film Market Size Forecast by Application
      5.2.1 Construction
      5.2.2 Automotive
   5.3 Market Attractiveness Analysis by Application

Chapter 6 Global Solar Control Window Film Market Analysis and Forecast by Product
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Product
      6.1.2 Basis Point Share (BPS) Analysis by Product
      6.1.3 Absolute $ Opportunity Assessment by Product
   6.2 Solar Control Window Film Market Size Forecast by Product
      6.2.1 Clear
      6.2.2 Dyed
      6.2.3 Vacuum Coated
   6.3 Market Attractiveness Analysis by Product

Chapter 7 Global Solar Control Window Film Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Solar Control Window Film Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Solar Control Window Film Analysis and Forecast
   9.1 Introduction
   9.2 North America Solar Control Window Film Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Solar Control Window Film Market Size Forecast by Application
      9.6.1 Construction
      9.6.2 Automotive
   9.7 Basis Point Share (BPS) Analysis by Application 
   9.8 Absolute $ Opportunity Assessment by Application 
   9.9 Market Attractiveness Analysis by Application
   9.10 North America Solar Control Window Film Market Size Forecast by Product
      9.10.1 Clear
      9.10.2 Dyed
      9.10.3 Vacuum Coated
   9.11 Basis Point Share (BPS) Analysis by Product 
   9.12 Absolute $ Opportunity Assessment by Product 
   9.13 Market Attractiveness Analysis by Product

Chapter 10 Europe Solar Control Window Film Analysis and Forecast
   10.1 Introduction
   10.2 Europe Solar Control Window Film Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Solar Control Window Film Market Size Forecast by Application
      10.6.1 Construction
      10.6.2 Automotive
   10.7 Basis Point Share (BPS) Analysis by Application 
   10.8 Absolute $ Opportunity Assessment by Application 
   10.9 Market Attractiveness Analysis by Application
   10.10 Europe Solar Control Window Film Market Size Forecast by Product
      10.10.1 Clear
      10.10.2 Dyed
      10.10.3 Vacuum Coated
   10.11 Basis Point Share (BPS) Analysis by Product 
   10.12 Absolute $ Opportunity Assessment by Product 
   10.13 Market Attractiveness Analysis by Product

Chapter 11 Asia Pacific Solar Control Window Film Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Solar Control Window Film Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Solar Control Window Film Market Size Forecast by Application
      11.6.1 Construction
      11.6.2 Automotive
   11.7 Basis Point Share (BPS) Analysis by Application 
   11.8 Absolute $ Opportunity Assessment by Application 
   11.9 Market Attractiveness Analysis by Application
   11.10 Asia Pacific Solar Control Window Film Market Size Forecast by Product
      11.10.1 Clear
      11.10.2 Dyed
      11.10.3 Vacuum Coated
   11.11 Basis Point Share (BPS) Analysis by Product 
   11.12 Absolute $ Opportunity Assessment by Product 
   11.13 Market Attractiveness Analysis by Product

Chapter 12 Latin America Solar Control Window Film Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Solar Control Window Film Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Solar Control Window Film Market Size Forecast by Application
      12.6.1 Construction
      12.6.2 Automotive
   12.7 Basis Point Share (BPS) Analysis by Application 
   12.8 Absolute $ Opportunity Assessment by Application 
   12.9 Market Attractiveness Analysis by Application
   12.10 Latin America Solar Control Window Film Market Size Forecast by Product
      12.10.1 Clear
      12.10.2 Dyed
      12.10.3 Vacuum Coated
   12.11 Basis Point Share (BPS) Analysis by Product 
   12.12 Absolute $ Opportunity Assessment by Product 
   12.13 Market Attractiveness Analysis by Product

Chapter 13 Middle East & Africa (MEA) Solar Control Window Film Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Solar Control Window Film Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Solar Control Window Film Market Size Forecast by Application
      13.6.1 Construction
      13.6.2 Automotive
   13.7 Basis Point Share (BPS) Analysis by Application 
   13.8 Absolute $ Opportunity Assessment by Application 
   13.9 Market Attractiveness Analysis by Application
   13.10 Middle East & Africa (MEA) Solar Control Window Film Market Size Forecast by Product
      13.10.1 Clear
      13.10.2 Dyed
      13.10.3 Vacuum Coated
   13.11 Basis Point Share (BPS) Analysis by Product 
   13.12 Absolute $ Opportunity Assessment by Product 
   13.13 Market Attractiveness Analysis by Product

Chapter 14 Competition Landscape 
   14.1 Solar Control Window Film Market: Competitive Dashboard
   14.2 Global Solar Control Window Film Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Eastman Chemical Company (US)
      14.3.2 Saint-Gobain (France)
      14.3.3 Garware Polyester Limited (India)
      14.3.4 3M Company (US)
Segments Covered in the Report
The global Solar Control Window Film market has been segmented based on

By Application
  • Construction
  • Automotive
By Product
  • Clear
  • Dyed
  • Vacuum Coated
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Eastman Chemical Company (US)
  • Saint-Gobain (France)
  • Garware Polyester Limited (India)
  • 3M Company (US)

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