Window
Films Market Analysis By Regions (North America, Europe, Asia-Pacific,
Latin America and Africa), Product, Size, Share, Trends, Growth Factors,
Revenue By Application And Segment Forecasts To 2027.
Global Window Films Market size
is expected to value at USD 13.81 billion by 2025. 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 window films in green houses and smart
homes is expected to boost market demand for window films over the forecast
period. Globally, the window film industry is predicted to grow at higher CAGR
in the forecast period providing numerous opportunities for market players to
invest for research and development in the industry.
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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 window film
market 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 the market over the forecast period.
Automotive tinting window films
is considered as one of the fastest growing segment on the window films
industry with substantial revenue generation in the last couple of years.
Similarly, growing number of manufactures and installers on the global-scale
are most likely to complement market growth. Increasing adoption of the tinting
film during production of the windshields because of the growing security
concerns are expected to boost sales of the automotive tinting film. Moreover,
aggressive marketing strategies adopted by industry player in order to promote
their product in the market are substantially influencing market growth. In
addition, growing need for safety and security among consumers are likely to
boost demand for tinting films in near future.
The sun-controlled window films
has also witnessed massive growth with 45% of overall market share in 2015. 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 films 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.
This research report offers a
comprehensive analysis of key elements of the Window Films Market such as potential top key Manufacturers along
with their strengths and weaknesses. The Window
Films Market report also comprises some useful strategies and scenario for
the new players in the market. While forecasting the growth of the global Window Films market, various
statistical tools were utilized to get an accurate result of the Demographic
data.
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