Solar Control Window Film Market is expected to value at USD 849.2 million by 2024. The market is subject to witness a substantial growth due to the growing demand from various end-user sector such as automotive industry, building & construction sector, and marine industry. Soaring demand for solar control window films in green houses and smart homes is expected to boost market demand for solar control window film over the forecast period. Globally, the solar control window films market is predicted to grow at CAGR of 6.2% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
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The key driving factors responsible for the growth of Solar Control
Window Film market :
The growing automobile sector
along with the rising consumer awareness, shifting focus towards regular
maintenance of vehicles, and high-end demand for paint protection in order to
avoid high maintenance costs is anticipated to fuel the growth of solar control
window film industry in automotive industry. Moreover, rapid industrialization,
urbanization and ever-growing population is leading to the rising standards of living
and increasing disposable income, thus driving demand of window films across
the globe. Other factors such as increasing demand for passenger vehicles,
particularly in developed economies and rising per capita income are expected
to drive the growth of solar control over the forecast period.
Solar control window film
prevents 99% of harmful long wave ultraviolet A (UVA) and short wave
ultraviolet B (UVB) radiation. Solar control window film are produced in
variable shades and sizes. The thickness of shade varies accordingly percentage
of variable light transmission, ranging from three to seventy percent.
Prevention of direct sunlight window films entering the vehicle can damage both
leather and interiors of the vehicle. Solar control window film not only offers
protection from direct sunlight but also increase life span of leather and
vehicle interiors.
The growing popularity of the
sun-controlled window films is attributed to rising demand from residential and
commercial applications coupled with prevention of potential skin diseases. In
addition, adverse atmospheric conditions in countries such as India, UAE,
Brazil, and Mexico is expected to drive the growth of the sun-controlled window
film market over the forecast period. Direct ultra-violet radiation from the
sun is primary cause of the 90% of all skin cancer. The sun-controlled window
films reduces solar heat while maintaining the sustainable and comfortable
environment.
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