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Advancement in window film technology such as dual reflective and spectrally selective films is increasing the demand for window films in commercial and residential applications. Business owners and home owners alike are selecting window films to block UV rays, reduce glare, and increase energy efficiency of cooling systems. Automotive applications are also gaining considerable growth on the back of resurgent automobile market and favorable government regulations. The global window films market is expected to grow at a healthy growth rate between 2019 and 2029. Manufacturers of window films must invest in expansion of product portfolio in order to leverage opportunities.
Automotive Applications to Garner 1/3rd Share
Automotive applications garner more 1/3rd market share, this can be attributed to surging logistics demand from industries and increasing commercial automobile fleets. Window films in automotive enhance the strength of windows and increase sun protection amidst rising peak temperatures globally. The sun control segment is projected to grow 1.6X during the forecast period. Residential and commercial applications collectively account for over 58% of the market. Manufacturers gain traction from these application industries due to product efficiency in sun blocking, decorative appeal, and resultant privacy. Among these demand generators, commercial application present lucrative opportunities on the back of multiplying investment via upgrading corporate offices and establishing entrepreneurship ventures.
Following Questions Answers Covered in the Report are:
- How will the global Window Film Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Window Film Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Window Film Market?
- How will these strategies influence the market growth and competition?
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Get More Insights –http://www.globenewswire.com/en/news-release/2018/01/13/1289035/0/en/5-Key-Takeaways-on-SiC-GaN-Power-Semiconductor-Market-for-Forecast-Period-2017-2026.html
Product Innovation to Act as Growth Levers
Market players are focused on expanding global footprint by engaging partners in training programs and building a stakeholder community. Major market players are Eastman Chemical Company, 3M, Avery Dennison Corporation, Madico Inc., Johnson Window Films, Inc., Reflectiv SAS, Saint-Gobain S.A., Garware Suncontrol Ltd., Pleotint LLC, CHB Industries, Inc., The Window Film Specialists LLC, Rayno Window Film, Purlfrost Ltd., Solyx Films SA Pty Ltd., Polytronix, Inc., and Solar Control Films Inc.
- In Nov 2019, Suntuitive® Dynamic Glass released the Suntuitive MonoLite product, a dynamic glass, laced with intelligent window films. Suntuitive MonoLite is versatile in its applications and can be deployed in new, as well as, old infrastructure.
- Glassware Suncontrol Ltd. runs pilot plants for film manufacturing, UV curing, Differential Scanning Calorimetry (DSC), and Environmental Test Chambers to enhance and develop new products.
- In Feb 2024, Saint Gobain issued a press release informing its stakeholders that window films and dynamic glass from their product portfolio was used in the new Tottenham stadium in the UK and the Academy of Museum of Motion Pictures in LA, California.
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