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Solar Control Window Film Market Report Scope & Overview

The Solar Control Window Film Market size was USD 815.22 million in 2023 and is expected to Reach USD 1349.35 million by 2031 and grow at a CAGR of 6.5% over the forecast period of 2024-2031.

Solar control window films are generally made of polyethylene terephthalate (PET). These window films will bounce away heat, preventing it from passing through the glass to the property and keeping it unduly cold. It can prevent your vehicle from heating up like a greenhouse, sometimes beyond what your air conditioning system can handle. It is a transparent film that lets sunlight inside the vehicle or room without harmful rays or UV radiation. It also offers glare reduction, privacy, protection, lower energy bills, and stops the fading of the material. Films are metallized by beam deposition, sputtering, and vapour deposition.

Solar Control Window Film Market Revenue Analysis

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Solar-control window films are mostly used in the automotive and construction industries. This can enhance a comfortable indoor environment and improve energy efficiency. According to the World Health Organisation (WHO), UV rays can lead to skin-related diseases such as photo conjunctivitis and skin ageing. Other than that, UV rays cause damage and fading colour of flooring, furniture, and other interior items. This film helps to increase the life span of furnishings and decor items by protecting them from harmful rays. Many factories are operating in world releasing harmful pollutants in air and water, deforestation, and construction of buildings are few factors which are disturbing earth life cycle and led to rising temperatures in the environment, global warming, which anticipates green construction to boost solar window film usage. Therefore, the government has taken many initiatives to encourage green construction, as it reduces the power and gas consumption of air conditioners used for cooling. The installation of film is user-friendly and inexpensive; the installation is done by professionals. It reduces the cost and power needed to cool buildings and reduces carbon footprints. Dyed solar control window films, also called non-reflective films, are mostly used in the automotive industry.

MARKET DYNAMICS

KEY DRIVERS:

  • Reduction in power consumption used to cool down vehicle and building in summer

  • Eco-friendly and inexpensive material alternative to curtain and board to block sunlight inside building

The Energy consumed for cooling process in a vehicle or room uses excess power from the power supply or vehicle battery, respectively. These anticipate employing eco-friendly solar control window films, which are easy to install and inexpensive. These films usage in vehicles has increased market share in the automotive and automobile industries. Another application in the windows of residential buildings and offices will help protect against UV rays and increase the life span of furnishings, vehicles, dashboards, and decor items. These films can reduce 70% of solar radiation entering a vehicle or room. A reduction in energy consumption by AC in vehicles affects vehicle battery running capacity.

RESTRAIN:

  • After a period of time solar control window films can fade color and fall apart

  • Alternative solutions like solar control glasses, in house curtains, board

When solar control window film is used in extreme sunlight after some time it fades its colour and falls apart. These demerits can be an area of development for film. If any other alternative in the market is available then it can act as a substitute for films.

OPPORTUNITY:

  • Rising demand in automotive and construction sector

The growing urban density and increasing national income have driven the construction industry globally. Nowadays, the high release of harmful pollutants from factories like carbon dioxide, carbon monoxide, and many other gases has led to global warming. Day by day, the temperature is rising heavily. Traditionally, boards and curtains were used, but now solar control window films can be used as inexpensive and eco-friendly films to block rays. These have driven attention towards the global usage of solar control window films. Hence, there is increasing market demand for solar control window films.

CHALLENGES:

  • The Availability of alternate solutions of solar control window films in market.

  • Scarcity of raw material used to make solar control window films

IMPACT OF RUSSIA UKRAINE

Due to Russia Ukraine war the supply chain of raw material and finished goods required for manufacturing of solar control window films are disrupted. The economic instability, geopolitical tensions between nations has impacted every region differently but areas near war zone has sudden face decrease in demand of solar control window film due to economic downturn, infrastructure damage and no new projects in war region. Governments are making policies and taking initiatives to elevated the use of more solar panels as power supply was damaged in war zone. Government is initiating projects about green construction, rebuilding damaged properties in war zone areas near Ukraine. Companies in Ukraine may face losses as the market demand in that area is low for solar control window films.

IMPACT OF ONGOING RECESSION

Recession is the condition of high inflation which has majorly impacted every sectors. These materials which are used to make films are polyethylene terephthalate (PET). China is the major producer and exporter of PET Resins. Due to high cost and availability of raw material the production of films may delay. However, government and medical industry is understanding the importance of application areas of solar control window and they are taking steps to anticipate its adoption. Mostly solar control window films are used widely in construction and automotive industry due to recession people prefer to avoid unwanted expenses.

KEY MARKET SEGMENTS

By Type

  • Clear

  • Dyed

  • Vacuum Coated

  • Other Film Type

By Technology

  • Organic

  • Inorganic/Ceramic

  • Metallic

By Application

  • Construction

  • Automotive

  • Design

  • Marine

  • Other End-user Industries

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REGIONAL ANALYSIS

The Asia-Pacific region is considered as a developing region in the world, with countries such as China and India having a growing market size in solar control film. It includes many major construction projects from announcement to completion. The market in this region is driven by growing construction projects, Photovoltaic solar cells projects, and it is a high-temperature area throughout the year. Growing automotive sales have also boosted market size.

The U.S. is the major market for solar control film in North America, which is driven by residential infrastructure projects. The extreme weather conditions in the US have also made vacuum-coated solar window film the most commonly used film. Some of the major automotive manufacturers, such as Ford Motor Company, Tesla, and General Motors, are based in this North American region. The increase in construction activities and the automotive sector has driven the market for solar control film. The growth in the automotive industry across the world, particularly in regions like Latin America, Asia Pacific, the Middle East, and Africa, is the major driver in this segment.

REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe

Asia-Pacific

  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of the Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin American

Key Players

3M, The Window Film Company, Eastman Chemical Company, Garware Suncontrol, Avery Dennison Corporation, Saint Gobain, Madico.Inc., Solar Screen International SA, XPEL Inc, Purlfrost, Polytronix Inc. and other key players are mentioned in final reports.

Eastman Chemical Company-Company Financial Analysis

RECENT DEVELOPMENTS

Lintec corporation- In 2022 Lintec corporation announced the name change of WINCOS standard series “XXXC70” and “XXXC50” to medium series LM-XX. This is done to strengthen brand value of WINCOS.

Solar Control Window Film Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 815.22 Mn
Market Size by 2031  US$ 1349.35 Mn
CAGR  CAGR of 6.5% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By type (Clear, Dyed, Vacuum Coated, and Other Film Types)
• By technology (Organic, Inorganic/Ceramic, Metallic)
• By End-user (Construction, Automotive, Design, Marine, and other end-user Industries)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles 3M, The Window Film Company, Eastman Chemical Company, Garware Suncontrol, Avery Dennison Corporation, Saint Gobain, Madico.Inc., Solar Screen International SA, XPEL Inc, Purlfrost, Polytronix Inc.
Key Drivers • Reduction in power consumption used to cool down vehicle and building in summer.
• Eco-friendly and inexpensive material alternative to curtain and board to block sunlight inside building.
Market Opportunities • Rising demand in automotive and construction sector.

 

Frequently Asked Questions

Ans: The CAGR value of Solar Control Window Film Market over the forecast period is 6.5%.

Ans. The drivers are

  • Reduction of power consumption used to cool down vehicle and building.
  • Eco-friendly and inexpensive material alternative to curtain and board to block sunlight.

Ans CHALLENGES:

  • The Availability of alternate solutions of solar control window films in market.
  • Scarcity of raw material used to make solar control window films

Ans.   USD 815.22 million was the market size of the Solar Control Window Film in 2023.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Solar Control Window Film Market Segmentation, By Type
8.1 Clear
8.2 Dyed
8.3 Vacuum coated films

8.4 Others

9. Solar Control Window Film Market Segmentation, By Technology
9.1 Organic
9.2 In Organic/Ceramic
9.3 Metallic

10. Solar Control Window Film Market Segmentation, By Application
10.1 Construction
10.2 Automotive
10.3 Marine
10.4 Design and Other

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Solar Control Window Film Market by Country
11.2.2North America Solar Control Window Film Market by Type
11.2.3 North America Solar Control Window Film Market by Technology
11.2.4 North America Solar Control Window Film Market by Application
11.2.5 USA
11.2.5.1 USA Solar Control Window Film Market by Type
11.2.5.2 USA Solar Control Window Film Market by Technology
11.2.5.3 USA Solar Control Window Film Market by Application
11.2.6 Canada
11.2.6.1 Canada Solar Control Window Film Market by Type
11.2.6.2 Canada Solar Control Window Film Market by Technology
11.2.6.3 Canada Solar Control Window Film Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Solar Control Window Film Market by Type
11.2.7.2 Mexico Solar Control Window Film Market by Technology
11.2.7.3 Mexico Solar Control Window Film Market by Application
11.3 Europe
11.3.1 Europe Solar Control Window Film Market by Country
11.3.2 Europe Solar Control Window Film Market by Type
11.3.3 Europe Solar Control Window Film Market by Technology
11.3.4Europe Solar Control Window Film Market by Application
11.3.5Germany
11.3.5.1 Germany Solar Control Window Film Market by Type
11.3.5.2 Germany Solar Control Window Film Market by Technology
11.3.5.3 Germany Solar Control Window Film Market by Application
11.3.6 UK
11.3.6.1 UK Solar Control Window Film Market by Type
11.3.6.2 UK Solar Control Window Film Market by Technology
11.3.6.3 UK Solar Control Window Film Market by Application
11.3.7 France
11.3.7.1 France Solar Control Window Film Market by Type
11.3.7.2 France Solar Control Window Film Market by Technology
11.3.7.3 France Solar Control Window Film Market by Application
11.3.8 Italy
11.3.8.1 Italy Solar Control Window Film Market by Type
11.3.8.2 Italy Solar Control Window Film Market by Technology
11.3.8.3 Italy Solar Control Window Film Market by Application
11.3.9 Spain
11.3.9.1 Spain Solar Control Window Film Market by Type
11.3.9.2 Spain Solar Control Window Film Market by Technology
11.3.9.3 Spain Solar Control Window Film Market by Application
11.3.10 The Netherlands
11.3.10.1 Netherlands Solar Control Window Film Market by Type
11.3.10.2 Netherlands Solar Control Window Film Market by Technology
11.3.10.3 Netherlands Solar Control Window Film Market by Application
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Solar Control Window Film Market by Type
11.3.11.2 Rest of Europe Solar Control Window Film Market by Technology
11.3.11.3 Rest of Europe Solar Control Window Film Market by Application
11.4 Asia-Pacific
11.4.1 Asia Pacific Solar Control Window Film Market by Country
11.4.2Asia Pacific Solar Control Window Film Market by Type
11.4.3 Asia Pacific Solar Control Window Film Market by Technology
11.4.4 Asia Pacific Solar Control Window Film Market by Application
11.4.5 Japan
11.4.5.1 Japan Solar Control Window Film Market by Type
11.4.5. 2Japan Solar Control Window Film Market by Technology
11.4.5. 3Japan Solar Control Window Film Market by Application
11.4.6 South Korea
11.4.6.1 South Korea Solar Control Window Film Market by Type
11.4.6.2. South Korea Solar Control Window Film Market by Technology
11.4.6.3. South Korea Solar Control Window Film Market by Application
11.4.7China
11.4.7.1 China Solar Control Window Film Market by Type
11.4.7.2. China Solar Control Window Film Market by Technology
11.4.7.3. China Solar Control Window Film Market by Application
11.4.8 India
11.4.8.1 India Solar Control Window Film Market by Type
11.4.8.2. India Solar Control Window Film Market by Technology
11.4.8.3 India Solar Control Window Film Market by Application
11.4.9Australia
11.4.9.1 Australia Solar Control Window Film Market by Type
11.4.9.2. Australia Solar Control Window Film Market by Technology
11.4.9.3. Australia Solar Control Window Film Market by Application
11.4.10Rest of Asia-Pacific
11.4.10.1 APAC Solar Control Window Film Market by Type
11.4.10.2. APAC Solar Control Window Film Market by Technology
11.4.10.3. APAC Solar Control Window Film Market by Application
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Solar Control Window Film Market by Country
11.5.2 The Middle East & Africa Solar Control Window Film Market by Type
11.5.3The Middle East & Africa Solar Control Window Film Market by Technology
11.5.4The Middle East & Africa Solar Control Window Film Market by Application
11.5.5Israel
11.5.5.1 Israel Solar Control Window Film Market by Type
11.5.5.2 Israel Solar Control Window Film Market by Technology
11.5.5.3 Israel Solar Control Window Film Market by Application
11.5.6 UAE
11.5.6.1 UAE Solar Control Window Film Market by Type
11.5.6.2 Israel Solar Control Window Film Market by Technology
11.5.6.3 Israel Solar Control Window Film Market by Application
11.5.7South Africa
11.5.7.1 South Africa Solar Control Window Film Market by Type
11.5.7.2 South Africa Solar Control Window Film Market by Technology
11.5.7.3 South Africa Solar Control Window Film Market by Application
11.5.8 Rest of Middle East & Africa
11.5.8.1 Rest of Middle East & Asia Solar Control Window Film Market by Type
11.5.8.2 Rest of Middle East & Asia Solar Control Window Film Market by Technology
11.5.8.3 Rest of Middle East & Asia Solar Control Window Film Market by Application
11.6 Latin America
11.6.1 Latin America Solar Control Window Film Market by Country
11.6.2. Latin America Solar Control Window Film Market by Type
11.6.3 Latin America Solar Control Window Film Market by Technology
11.6.4 Latin America Solar Control Window Film Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Solar Control Window Film Market by Type
11.6.5.2 Brazil Solar Control Window Film Market by Technology
11.6.5.3Brazil Solar Control Window Film Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Solar Control Window Film Market by Type
11.6.6.2 Argentina Solar Control Window Film Market by Technology
11.6.6.3 Argentina Solar Control Window Film Market by Application
11.6.7 Rest of Latin America
11.6.7.1 Rest of Latin America Solar Control Window Film Market by Type
11.6.7.2 Rest of Latin America Solar Control Window Film Market by Technology
11.6.7.3Rest of Latin America Solar Control Window Film Market by Application

12 Company Profile
12.1 3M
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 The Window Film Company
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Eastman Chemical Company
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Garware Sun control
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Avery Dennison Corporation
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Solar Screen International SA
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7. Purlfrost
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Saint Gobain
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 XPEL Inc.
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Polytronix Inc.
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments

14. USE Cases and Best Practices

15. Conclusion

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Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

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Primary Research

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Data Bank Validation

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