Market Research Future (MRFR) has published a research report about the global solar control window films market that estimates 6% CAGR (Compound Annual Growth Rate) growth during the forecast period from 2017 and 2023.
Solar control films are essential elements in protection against harmful UV radiation. The world over, the problems have been there for all to see due to the rapid degradation of environment and rapid depletion in the ozone layer. Scientists continue issuing warnings every year about the impact of global warming and its ill effects on this planet.
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The main solution for this problem is to use large space cooling systems- i.e. air conditioning systems. The main problem with this system is the huge power bill and large energy required to keep this system running. Furthermore, the maintenance cost of these systems is quite high and increases the overall budget of organizations, which employ air conditioning system, by few thousand dollars at least.
Solar Control Window Films Market Segmentation:
Global Solar Control Window Films Market, By Type
- Vacuum Coated (Reflective)
- Dyed (Non-reflective)
- Clear (Non-reflective)
Global Solar Control Window Films Market, By Application
Global Solar Control Window Films Market, By Absorber Type
- By Region
- North America
- Asia Pacific
- Rest of the World
The regional segmentation of the global solar control window films market is based on North America, Asia Pacific, Europe, and Rest of the World.
In North America, the maximum market lies in United States of America (USA) and Canada. In this region, consumers prefer large houses since large open spaces can never be a constraint. Due to Ozone depletion, entire Europe is at the risk of suffering UV radiations and more the Ozone depletion continues, closer Europe gets drawn to the danger. Hence, for protection, fitting of solar control window film is necessary.
Hence, in Europe, the growth of solar control window films market stands a strong chance. The European market has been segmented into France, Germany, Italy, United Kingdom (UK) and rest of Europe.
As the entire Asia Pacific region lies in the tropical region of our planet, it is subjected to consistent and severe heat, and the dangers of UV radiations are more visible in this region, compared to how they will be more visible in Europe in the coming years. Hence, Asia Pacific is also a strong market for solar control window films. The market may exist for solar control window films in the whole Asia Pacific region, but the maximum demand, sales, and revenue for this market happen in China, India, and Japan.
The key players in global solar control window films market include 3M Company (USA), Eastman Chemical Company (USA), Garware Suncontrol – Window Film (India), Polytronix Inc. (USA), Purlfrost Ltd. (U.K), Saint-Gobain S.A. (France), Solar Control Films Inc. (USA), Sun Control, Madico Inc. (USA), The Window Film Company (UK) and Solyx Films SA Pty Ltd (South Africa).
Latest Industry News
- Recently, 3M welcomed dealers at annual Window Film Dealer Conference as hosts in Phoenix, Arizona. In this conference, 3M established a Dealer Advisory Board, where industry experts shared best practices and insights on how to grow business and increase sales. They also hosted a series of awards for the dealers.
- French solar control window films Saint-Gobain (SGOB.PA) is set to take a large stake in Switzerland’s Sika AG SIK.S while abandoning its quest for control, in a deal that would end a nearly four-year-old hostile takeover. The dispute over control of Sika started in 2014 when Saint-Gobain offered 2.75 billion Swiss francs to buy the founding Burkard family’s 53 percent voting stake.
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