Global Solar Control Films Market is expected to reach US$ XX Mn by 2027 from US$ XX Mn in 2019 at a CAGR of 12.91% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Solar Control Films Market Dynamics:
Solar-control films are used to reduce the transmission of solar heat energy. It is a thin laminated control film, which is designed to adhere to windows, doors, or other transparent building surfaces to reflect sunlight and regulate the internal temperature. The Solar control films are available in the metalized form, which helps to save substantial amounts of energy. Solar control films have the ability to reduce power consumption and cost association. It helps to reduce energy cost, carbon emissions, and reduction in UV rays IR emissivity that are expected to increase the demand for solar control films. Additionally, it supports lowering carbon emission levels by reducing the excessive load on the air-conditioning systems. Advantages of the usage of solar control films over normal sun reflective glass are expected to boost the growth in the solar control films market across the globe. The Infrastructural enhancement in developing countries like the construction of malls and high-rise buildings also contributes to the growth of the solar control films market. Also, the ongoing trend of constructing buildings, which have more glass area are contributing to the rapid adoption of sun control films. The growing adoption because of raising environmental and health concerns is a key propelling factor for the market growth.
Global Solar Control Films Market Segment Analysis:
By absorber type, organic solar control films are expected to grow at an xx% rate of CAGR during the forecast period. Organic coatings are also used in safety films by using adhesives. They are thicker and delivers protection against glass shards. Furthermore, the metallic absorbers are expected to grow at an xx% rate of CAGR. They are used as decorative and style statements of the building. It significantly reflects sun rays which aid in reducing power bills because of the ingress of lesser heat. The metal content in the product reproduces the incoming heat and also blocks the harmful UV rays. The metallic absorbers films reflect the largest amount of solar radiation by keeping the interiors cooler than other films. Growth in the construction industry coupled with superior properties like energy savings and reduction of carbon footprints has contributed to the solar control films market growth. Further, strict regulations concerning the energy consumption in commercial buildings have increased the solar control film demand. The lenient lending policies and industrialization have played a vital role in the growth of residential and commercial construction sectors. The Solar control films are required for UV protection, decoration, security, and privacy purpose in commercial buildings like hospitals, malls, and offices.
Global Solar Control Films Market Regional Insights:
By region, the Asia Pacific region contributed the xx% share in 2019 and expected to be the leading region in the global solar control films market. The dominant position in the market is attributed to the presence of warm temperatures in Asian countries. The tropical climate of the nations has proven to be conducive for the sales of solar control films. The region at the forefront of the global solar control films market. The usage of solar control films is most commonly commercial buildings such as malls, offices, industrial facilities, and automobiles. The region is anticipated to be the fastest-growing region thanks to the rapid expansion of the construction sector. The construction industry is dominated by emerging countries like India and China. Also, the automotive industry is expected to drive the demand for solar control films in this region. The objective of the report is to present a comprehensive analysis of the Global Solar Control Films Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Solar Control Films Market dynamics, structure by analyzing the market segments and projects the Global Solar Control Films Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Solar Control Films Market make the report investor’s guide.
Global Solar Control Films Market Scope:
Global Solar Control Films Market, By Type
• Vacuum Coated • Dyed • Clear
Global Solar Control Films Market, By Application
• Marine • Graphics • Automotive • Construction • Transportation • Decorative
Global Solar Control Films Market, By Absorber Type
• Organic • Inorganic • Metallic
Global Solar Control Films Market, By Region
• North America • Europe • Asia Pacific • Middle East Africa • South America
Global Solar Control Films Market Key Players:
• 3M Company • Eastman Chemical Company • Saint Gobain • Garware Polyester Limited (India) • The Window Film Company • Solar Control Films Inc. • Purlfrost Ltd. • Avery Dennison Israel Ltd • Sun Control • Madico Inc. • Polytronix Inc. • Solyx Films SA Pty Ltd. • Decorative Films LLC • Thermolite • V-Kool USA INC
