Global Window Films Market report offers the latest industry trends,
technological alteration and forecast data. A deep-dive view of Window Films
industry based on its size, growth, development plans, and opportunities is
offered by this report. The forecast information, SWOT analysis, Window Films
barriers, and feasibility study are the vital aspects evaluated in this report.
The 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.
Download Free Sample Report Now @ https://www.millioninsights.com/industry-reports/window-films-market-size/request-sample
Main features
of the report:
·
To provide detailed analysis of the market
structure along with forecast of the various segments and sub-segments of the
global Window Films Market.
·
A complete backdrop analysis, which includes an
assessment of the parent market
·
Important changes in market dynamics
·
Market segmentation up to the second or third
level
·
To provide country level analysis of the market
for segment by application, product type and sub-segments.
·
To provide strategic profiling of key players in
the market, comprehensively analyzing their core competencies, and drawing a competitive
landscape for the market.
·
Track and analyze competitive developments such
as joint ventures, strategic alliances, mergers and acquisitions, new product
developments, and research and developments in the global Window Films Market.
·
Emerging niche segments and regional markets
·
An objective assessment of the trajectory of the
industry.
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.
Introduction of
noise, vibration, and harshness (NVH) laminates provides noise cancellation and
limits harshness, thus substantially improving overall ride quality. These
factors play a major in the growth of the window films industry, in the recent
years. Increasing adoption of various components such as covered release liner,
epoxy resin, polyester papers, scratch resistance casing, shades, metal
composites, and UV inhibitors, thus enhances durability, improves overall shelf
life of the product, and performance of window films recast period, which in
turn is expected to aid market growth for window tints.
The window film
market is divided by region as North America, Europe, Asia-Pacific, Latin
America and Africa. North America has shown major growth in recent years owing
to the rise in the implementation of latest technologies in automotive and
construction sector, increase in disposable income among general population,
recent technological advancements such as the advent of bio-based polyester
film, and existence of well-established industrial infrastructure in the
region. Asia-Pacific region is predicted to hold major market share in the
window films with massive growth in forecast period. Countries such as India,
China and Singapore are leading the Asia-Pacific market with rapid growth in
the automotive and construction industries, lucrative business environment, and
significant investment by leading industry players considering potential growth
opportunities in the region.
The key players in
the window film industry are the 3M Company, Eastman Chemical Company, Madico,
Inc., Toray Plastics, Inc., Hanita Coatings RCA Ltd., Johnson & Johnson
Co., Armolan GmbH, Rayno Window Film Ltd., Suntek Energy Systems Pvt., Ltd.,
Reflective SAS, and Nexfil Co., Ltd.
Know More Insights
@ https://newsonmarketblog.wordpress.com
No comments:
Post a Comment