Solar control films are thin laminate films designed specifically for transparent building surfaces such as doors and windows to reduce heat and light transfer. Furthermore, these films provide an effective barrier to high heat levels, protecting against glare, hotspots, and temperature changes. Furthermore, these films have greatly reduced the heat generated by sunlight on glass, lowering air-conditioning and cooling expenditures. During the winter, these films reflect up to 35% of the heat back into the room, reducing heat loss. Factors such as growth in real estate industry is creating profitable opportunities for the solar control films market in the forecast period.
MARKET DYNAMICS
The infrastructural enhancement in the developing nations such as construction of malls and high rise buildings and increase in emphasis on energy security and stringent government regulation are driving the growth of the solar control films market. However, traditional window films are similar to mirrors, which makes it difficult to look outside at night. This factor restricts the growth of the market. Furthermore the use of solar films has now become a commonplace in urban areas in tropical countries and in other regions that experience warm temperatures is anticipated to create market opportunities for the solar control films market during the forecast period.
MARKET SCOPE
The "Global Solar Control Films Market Analysis to 2028" is a specialized and in-depth study of the solar control films market with a special focus on the global market trend analysis. The report aims to provide an overview of solar control films market with detailed market segmentation by type, application, and geography. The global solar control films market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solar control films market players and offers key trends and opportunities in the solar control films market.
MARKET SEGMENTATION
The global solar control films market is segmented on the basis of by type and application. On the basis of type the market is segmented into clear (non-reflective), dyed (non-reflective), and vacuum coated (reflective). Based on application the market is segmented into automotive, construction, marine, decorative, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global solar control films market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The solar control films market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting solar control films market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the solar control films market in these regions.
IMPACT OF COVID-19 SOLAR CONTROL FILMS MARKET
The outbreak of COVID-19 has disrupted the global solar industry by halting the operations. At present, the solar industry imports nearly 80% of its major solar panel materials from China. The pandemic has affected the manufacturing capacities of China, as all fundamental ship container organizations had additionally stopped functioning out of Chinese ports and transporting items from China to other countries, including of India. Thus, owing to economic uncertainties, some of the solar based construction projects were either canceled or postponed. However, after the mid-2021, the relaxation in lockdown and internationally, the industry is recovering and is expected to grow in the forecast period.
MARKET PLAYERS
The reports cover key developments in the solar control films market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from solar control films market are anticipated to lucrative growth opportunities in the future with the rising demand for solar control films market. Below mentioned is the list of few companies engaged in the solar control films market.
The report also includes the profiles of key solar control films market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Garware Polyester Ltd
-3M Company
-Jupiter International
-Decorative Films LLC
-Guangdong New Vision Film Technology Co., Ltd
-Madico Inc
-Eastman Chemicals Company (LLumar)
-SunTek Window Films
-Saint-Gobain SA
-Solar Gard