Solar Control Films Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Solar Control Films Market
The solar control films market size was valued at USD 773.4 million in 2021, and the market is now projected to grow from USD 791.6 million in 2022 to USD 1203.1 million by 2029, exhibiting a CAGR of 6.2% during the forecast period of 2022-2029.
Due to the COVID-19 pandemic, the demand for solar control window films from the automotive and construction industries has deteriorated considerably. The transport and construction industries were majorly impacted by COVID-19, which hindered the market progression. The COVID-19 pandemic has suggestively impacted the automotive sector, which is globally interrelated. The deteriorating sales of automobiles strictly impacted the solar control window film market growth.
Power consumption is a vital factor impelling vehicle battery size, disturbing the automobile's complete presentation. Employing environment-friendly solutions such as solar window films in cars can expressively decrease complete power consumption. These films are planned to block harmful ultraviolet rays. They support shield the seats and dashboards of the automobile from risky UV light. Lessening in energy consumption for air conditioning vividly interrupts the lifespan of the vehicle’s battery. Accordingly, the rising demand for electric vehicles is projected to enhance the films’ consumption. With increasing charges of fossil fuels, there is enlarged importance on finding substitute energy sources and declining energy consumption.
Innovative materials such as solar control window films can effectually absorb a substantial share of the harmful UV rays coming from the sun. This embraces dropping UV-A and UV-B radiation, which are liable for skin cancer. Installing homes and car windows with solar films can suggestively decrease the transmission of UV radiation through glass, limiting UV radiation exposure. Solar window films decrease the essential for air conditioning which is directly and indirectly liable for ozone reduction.
Comprehensive Analysis of Solar Control Films Market
The market can be segmented in various ways, depending on the focus of analysis such as by product, by technology and by application. Based on product type, the market is segmented into clear, dyed, and vacuum coated. Based on technology, the market is segmented into tinted, polymer-dispersed liquid crystals, suspended particle devices, and others. Based on application, the market is segmented into construction, automotive, and others.
Asia Pacific region is dominating the solar control films market share due to existence of most populated countries. These observed augmented construction and automotive activities due to prompt urbanization.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include 3M (U.S.), Saint-Gobain (France), Avery Dennison Corporation (U.S.), Lintec Corporation (Japan), SOLAR CONTROL FILMS INC (U.S.), Solar Screen International SA (Luxembourg), Eastman Chemical Company (U.S.), Madico Inc. (U.S.), Dexerials Corporation (Japan), Recon Blinds (India), Garware Hi-Tech Films Limited (India), Nexfil USA (U.S.), E&B Co., Ltd. (South Korea), HAVERKAMP GmbH (Germany) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In August 2020, Lintec Corporation announced that it is changing the names of WINCOS standard series “xxx-C70” and “xxxC50” to WINCOS Medium Series LM-xx as designated in Exhibit A. The change is made to support the brand value of WINCOS and differentiate the products from the superior series.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD Million)
Segmentation
By Product Type, Technology, Application, and Region
By Product Type
Clear
Dyed
Vacuum Coated
By Technology
Tinted
Polymer Dispersed Liquid Crystals
Suspended Particle Device
Others
By Application
Construction
Automotive
Others
By Region
North America (By Product Type, By Technology, By Application, By Country)
U.S.
Canada
Europe (By Product Type, By Technology, By Application, By Country)
Germany
France
U.K.
Italy
Rest of Europe
Asia Pacific (By Product Type, By Technology, By Application, By Country)
China
India
Japan
South Korea
Rest of Asia Pacific
Latin America (By Product Type, By Technology, By Application, By Country)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa (By Product Type, By Technology, By Application, By Country)
South Africa
GCC
Rest of Middle East & AfricaPlease Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Regions
- 4.2. . Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 5. Qualitative Insights on Impact of COVID-19 on Global Solar Window Film Market
- 5.1. Supply Chain Analysis & Challenges due to Covid-19
- 5.2. Steps taken by Government / Companies to Overcome this Impact
- 5.3. Potential Challenges and Opportunities due to COVID-19 Outbreak
- 6. Global Solar Control Window Film Market Analysis, Insights and Forecast, 2018-2029
- 6.1. Key Findings / Summary
- 6.2. By Type (Value)
- 6.2.1. Clear
- 6.2.2. Dyed
- 6.2.3. Vacuum Coated
- 6.3. By Technology (Value)
- 6.3.1. Tinted
- 6.3.2. Polymer Dispersed Liquid Crystals
- 6.3.3. Suspended Particle Device
- 6.3.4. Others
- 6.4. By Application (Value)
- 6.4.1. Construction
- 6.4.2. Automotive
- 6.4.3. Others
- 6.5. By Region (Value)
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia Pacific
- 6.5.4. Latin America
- 6.5.5. Middle East & Africa
- 7. North America Solar Control Window Film Market Analysis, Insights and Forecast, 2018-2029
- 7.1. Key Findings / Summary
- 7.2. By Type (Value)
- 7.2.1. Clear
- 7.2.2. Dyed
- 7.2.3. Vacuum Coated
- 7.3. By Technology (Value)
- 7.3.1. Tinted
- 7.3.2. Polymer Dispersed Liquid Crystals
- 7.3.3. Suspended Particle Device
- 7.3.4. Others
- 7.4. By Application (Value)
- 7.4.1. Construction
- 7.4.2. Automotive
- 7.4.3. Others
- 7.5. By Country (Value)
- 7.5.1. U.S
- 7.5.2. Canada
- 8. Europe Solar Control Window Film Market Analysis, Insights and Forecast, 2018-2029
- 8.1. Key Findings / Summary
- 8.2. By Type (Value)
- 8.2.1. Clear
- 8.2.2. Dyed
- 8.2.3. Vacuum Coated
- 8.3. By Technology (Value)
- 8.3.1. Tinted
- 8.3.2. Polymer Dispersed Liquid Crystals
- 8.3.3. Suspended Particle Device
- 8.3.4. Others
- 8.4. By Application (Value)
- 8.4.1. Construction
- 8.4.2. Automotive
- 8.4.3. Others
- 8.5. By Country (Value)
- 8.5.1. Germany
- 8.5.2. France
- 8.5.3. U.K.
- 8.5.4. Italy
- 8.5.5. Rest of Europe
- 9. Asia-Pacific Solar Control Window Film Market Analysis, Insights and Forecast, 2018-2029
- 9.1. Key Findings / Summary
- 9.2. By Type (Value)
- 9.2.1. Clear
- 9.2.2. Dyed
- 9.2.3. Vacuum Coated
- 9.3. By Technology (Value)
- 9.3.1. Tinted
- 9.3.2. Polymer Dispersed Liquid Crystals
- 9.3.3. Suspended Particle Device
- 9.3.4. Others
- 9.4. By Application (Value)
- 9.4.1. Construction
- 9.4.2. Automotive
- 9.4.3. Others
- 9.5. By Country (Value)
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. South Korea
- 9.5.5. Rest of Asia Pacific
- 10. Latin America Solar Control Window Film Market Analysis, Insights and Forecast, 2018-2029
- 10.1. Key Findings / Summary
- 10.2. By Type (Value)
- 10.2.1. Clear
- 10.2.2. Dyed
- 10.2.3. Vacuum Coated
- 10.3. By Technology (Value)
- 10.3.1. Tinted
- 10.3.2. Polymer Dispersed Liquid Crystals
- 10.3.3. Suspended Particle Device
- 10.3.4. Others
- 10.4. By Application (Value)
- 10.4.1. Construction
- 10.4.2. Automotive
- 10.4.3. Others
- 10.5. By Country (Value)
- 10.5.1. Brazil
- 10.5.2. Argentina
- 10.5.3. Mexico
- 10.5.4. Rest of Latin America
- 11. Middle East & Africa Solar Control Window Film Market Analysis, Insights and Forecast, 2018-2029
- 11.1. Key Findings / Summary
- 11.2. By Type (Value)
- 11.2.1. Clear
- 11.2.2. Dyed
- 11.2.3. Vacuum Coated
- 11.3. By Technology (Value)
- 11.3.1. Tinted
- 11.3.2. Polymer Dispersed Liquid Crystals
- 11.3.3. Suspended Particle Device
- 11.3.4. Others
- 11.4. By Application (Value)
- 11.4.1. Construction
- 11.4.2. Automotive
- 11.4.3. Others
- 11.5. By Countries (Value)
- 11.5.1. South Africa
- 11.5.2. GCC
- 11.5.3. Rest of Middle East & Africa
- 12. Company Profiles
- 12.1. 3M
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Technology Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Saint-Gobain
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Technology Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Avery Dennison Corporation
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Technology Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Lintec Corporation
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Technology Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. SOLAR CONTROL FILMS INC
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Technology Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Solar Screen International SA
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Technology Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Eastman Chemical Company
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Technology Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Madico Inc.
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Technology Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Dexerials Corporation
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Technology Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Recon Blinds
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Technology Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.11. Garware Hi-Tech Films Limited
- 12.11.1. Overview
- 12.11.2. Description
- 12.11.3. Technology Portfolio
- 12.11.4. Financials (Data as available in public domain and/or on paid databases)
- 12.11.5. Recent Developments
- 12.12. Nexfil USA
- 12.12.1. Overview
- 12.12.2. Description
- 12.12.3. Technology Portfolio
- 12.12.4. Financials (Data as available in public domain and/or on paid databases)
- 12.12.5. Recent Developments
- 12.13. E&B Co., Ltd.
- 12.13.1. Overview
- 12.13.2. Description
- 12.13.3. Technology Portfolio
- 12.13.4. Financials (Data as available in public domain and/or on paid databases)
- 12.13.5. Recent Developments
- 12.14. HAVERKAMP GmbH
- 12.14.1. Overview
- 12.14.2. Description
- 12.14.3. Technology Portfolio
- 12.14.4. Financials (Data as available in public domain and/or on paid databases)
- 12.14.5. Recent Developments
- 13. Strategic Recommendations
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook