San Francisco, 14 December 2018: The Report Window Films Market Analysis By Product (Sun Control, Decorative, Safety &
Security, Privacy), By End-Use (Automotive, Construction (Commercial,
Residential), Marine), Trends, Dynamics, Competitive Insights And Segment
Forecasts, 2018 - 2025
The global window
films market is expected to reach USD 13.81 billion by 2025, according
to a new report by Grand View Research, Inc. Rising environmental awareness regarding
carbon dioxide emissions coupled concerns related to energy efficiency are
projected to drive demand.
Increasing demand from key end-use
industries such as automotive, construction, and marine is a major factor that
will determine future growth trajectory.Technological improvement in reducing
solar heat gain & winter heat loss is anticipated to promote sustainable
construction and foster consumption.
They are widely utilized to improve energy
efficiency in heating and cooling purpose in residential and commercial
applications. According to U.S. Department of Energy, it helps in consuming 30%
of average home’s heat loss occurs through windows and doors.
Recovery of automotive industry in the U.S.
and parts of Europe is also expected to have a positive influence on the
industry growth. However, few countries including Pakistan, Portugal and Libya
have entirely banned these films in vehicles owing to increasing violence along
with the ongoing threat of terrorism.
Decorative films are anticipated to witness
significant growth owing to increasing demand for decorative products in
construction industry. It helps to reduce energy costs, eliminates window
glare, prevents the fading of carpets & furniture and adds aesthetic
values.
Access Research Report of Window Films Market@ www.grandviewresearch.com/industry-analysis/window-films-market
Further key findings from the report suggest:
· The global window films market size was
155,000 thousand sq. meters in 2015 and is projected to reach 240,000 thousand
sq. meters by 2025, growing at a CAGR of 4.9% from 2016 to 2025
· The technologies deployed for production
include multi-layer nanotechnology and co-extrusion technology. Multi-layer
nanotechnology based window films are made up of polyester, acrylic and
polyethylene napthalate.
· Canada emerged as the fastest growing country
level market in North America with an estimated CAGR of 4.9% from 2016 to 2025
· U.S. Department of Energy and Database of
State Incentives for Renewables & Efficiency (DSIRE) provide rebates, tax
credits and incentives for high-performance and energy efficient films.
· Privacy films provide privacy from unmated
prying eyes. It also provides aesthetic value and additional safety. This
segment is forecasted to grow at a CAGR of 4.5% from 2016 to 2025.
· Major companies operating in the industry
include 3M, Eastman, Madico, Toray Plastics, Hanita Coatings, Johnson, Armolan,
Rayno, Suntek, Reflectiv, and Nexfil.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the
window films market on the basis end-use and region:
Global Window Films Product Outlook
(Volume, Thousand Square Meters; Revenue, USD Million; 2014 - 2025)
·
Sun control window film
·
Decorative window film
·
Safety & security window film
·
Privacy window film
Global Window Films End-Use Outlook
(Volume, Thousand Square Meters; Revenue, USD Million; 2014 - 2025)
·
Automotive
·
Construction
·
Marine
·
Others
Global Window Films Regional Outlook
(Volume, Thousand Square Meters; Revenue, USD Million; 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Window Films Market@ www.grandviewresearch.com/press-release/global-window-films-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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