Global Window Film Market Report 2022: A $14.8 Billion Market by 2027 from $10.7 Billion in 2021 - Industry Trends, Share, Size, Growth, Opportunities and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 12, 2023--
The “Window Film Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global window film market size reached US$ 10.7 Billion in 2021. Looking forward, the market is set to reach US$ 14.8 Billion by 2027, exhibiting a CAGR of 5.56% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Window film refers to a sheet of solid polyester laminate used to enhance the overall aesthetic of a building. It is made using protective release liners, scratch-resistant coatings, and adhesives with ultra-violet (UV) inhibitors, which are further coated, laminated, metalized, sputtered and colored. It can be tinted with metals, dyes, and pigments to reduce the visible light transmitted through the glass and block heat from the sun.
Nowadays, different types of window films are available, depending on the application and requirements of individuals. For instance, films manufactured using clear and multiple layers of polyethylene terephthalate (PET) offer protection from shattering glass.
Window Film Market Trends:
The benefits of window films, including saving money on high energy costs, reducing heat build-up, cutting excessive glare, eliminating premature fading of interior furnishings, increasing safety and security, and adding privacy, represents one of the primary factors contributing to market growth.
Besides this, the rising trend of modern and contemporary homes is also fueling the market growth. Window films are utilized in office buildings wherein certain areas are prone to intense glaring from the sun, which makes it uncomfortable to work. As they assist in climate and energy control and reduced heating, ventilation, and air conditioning (HVAC) equipment wear and maintenance, window films are increasingly being used to improve the building score of commercial structures
. Apart from this, as window film installation is easy and inexpensive, it is gaining traction in retail spaces, restaurants, museums, schools and daycare centers, and health care facilities around the world.
The leading players are also offering high-tech products with vacuum metallization and nano-particle pigmentation, which is anticipated to expand their applications in the automotive industry.
Key Questions Answered in This Report:
- How has the global window film market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global window film market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global window film market and who are the key players?
- What is the degree of competition in the industry?
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- 3M Company
- American Standard Window Films
- Avery Dennison Corporation
- Eastman Chemical Company
- Johnson Window Films Inc.
- LINTEC Corporation
- Nexfil Co. Ltd.
- Saint-Gobain Performance Plastics Corporation (Compagnie de Saint-Gobain S.A.)
- Toray Plastics (America) Inc. (Toray Industries Inc.).
Key Market Segmentation:
Breakup by Product:
- Sun Control
- Security and Safety
Breakup by Application:
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/b78h7v
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INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
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PUB: 01/12/2023 07:51 AM/DISC: 01/12/2023 07:52 AM