Solar Control Window Films Market Research Report – Global Forecast till 2027

Global Solar Control Window Films Market Research Report: Information By Type (Dyed, Vacuum and Clear), Absorber Type (Organic, Inorganic and Metallic), Application (Construction, Automotive & Transportation, Marine and Decorative) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast till 2027

ID: MRFR/CnM/4333-CR | March 2021 | Region: Global | 184 pages

Please note that the assessment period of report has been updated from (2018-2027) to 2020-2027. Cordially fill the sample form for updated data

Market Overview


Global Solar Control Window Films Market is projected to witness healthy growth at a CAGR of over 9.3% to reach USD 6.2 Billion by 2027.


Solar Control Window Films are very thin polyester-based films (coated and laminated with different types of metals, and some are non-metalized) majorly used in the building and construction and automotive industries. Window films are generally installed on the inner side of glass panes or windows in residences, office spaces, the hospitality sector, automobiles, and airplanes. These films, thus, reduce heat gain, block UV radiation, and limit the amount of visible light and glare entering the room/vehicle.


Solar control window films are available in a range of colors, thicknesses, grades, and finishes, and applications (thermal insulation system, heat reduction, UV filtration process, privacy, and security), thus providing a choice of performance and aesthetic qualities.


The building & construction and automotive industries are the major consumers of these films in the market. Increasing use of solar control window films in residential and commercial buildings due to the increased energy savings and reduced carbon emissions achieved by the use of these films is driving the market growth. The widespread use of solar control films in the automotive is the other key factor driving the market growth. However, the availability of alternative solar control technology (smart glass) and products is expected to be a key factor restraining the market growth during the forecast period.


Nevertheless, considering the anticipated growth of the automotive market in the developing economies of Asia-Pacific, Latin America, and the Middle East & Africa and the widespread use of solar control films in automobiles, the demand for solar control window films is expected to witness healthy growth in the near future.


Market Dynamics


The prominent factors driving the growth of the global market are the high demand for solar control window films in residential and commercial buildings and the expanding automotive industry in the developing economies. Commercial and residential solar films are long-lasting and durable films aiding in tackling various problems such as heat, energy loss, and glare in commercial, institutional, and residential buildings. Solar heat can be a major issue for any property with outward-facing windows. Solar control window films will prevent the steady heat build-up from occurring due to the sunlight streaming through the glass, resulting in a more stable and moderate temperature. Energy efficiency is also achieved as the decline in heat results in lower energy consumption for air conditioning and cooling. With environmental pressures and rising energy costs, the demand for solar control films is increasing, meeting the ongoing requirement of improved energy efficiency. Moreover, these films block up to 99% of the suns’ harmful UV rays, thus help combat fading and avoid skin damages.


Environmental concerns such as fuel efficiency and CO2 emissions reduction are among the most important issues that the automotive industry has been facing in recent years. Automotive solar control films are used as a drop-in solution that helps lower interior temperatures quickly, cooling the passenger cabin and minimizing the strain on the air conditioner, thus improving fuel efficiency. The metallic coating on the films reflects heat-causing infrared (IR) rays without impairing visible light transmission and reduces solar heat gain. Moreover, the rising concerns over skin damage due to harmful solar UV rays are driving the demand for such films in the automotive industry.


However, the availability of alternative solar control technologies and products is expected to be a key factor restraining market growth during the forecast period. Smart glasses, performing a similar function to a solar control, are seen as a possible substitute for solar control films in the construction industry. Nevertheless, considering the anticipated growth of the automotive market in the developing economies of Asia-Pacific, Latin America, and the Middle East & Africa and the widespread use of solar control films in automobiles, the demand for solar control window films is expected to grow at a healthy rate in the near future.


Global Solar Control Window Films Market Revenue, by Application, 2018–2027 (USD Million)
Solar Control Window Films Market


Sources: MRFR Analysis


Segmentation


Global Solar Control Window Films Market is segmented based on Type, Absorber Type, and Application.


Based on type, the global solar control window films market is segmented into dyed, vacuum, clear, and others. Among these, the vacuum segment accounted for the largest market share of over 46% in 2019.               


Based on absorber type, the global market has been segmented into organic, inorganic, and metallic. The organic segment accounted for the largest market share of around 45% in 2019, and it is projected to register a 9% CAGR during the forecast period.


By application, the global market is segmented into construction, automotive and transportation, marine, decorative, and others. Among these, the construction segment emerged as the leading and fastest-growing segment with a CAGR of around 10%.


Global Solar Control Window Films Market Share, By Region, 2019 (%)
Solar Control Window Films Market


Sources: MRFR Analysis


Regional Analysis


Solar Control Window Films Market has been studied across the five regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. The market in the North American region accounted for the largest market share of 34.4%. The high growth in this region is attributed to rising infrastructural development.


Asia-Pacific emerged as the fastest-growing market, exhibiting a 10.9% CAGR during the assessment period. The growth in this region is attributed to the rapid industrialization and commercialization in economies such as India, Thailand, and South Korea. As per Invest India, the construction market in India is expected to become the third-largest worldwide and is projected to register a 5.6% CAGR from 2016 to 2020. The rising demand for commercial space due to the growth of service sectors such as information technology, banking, financial services and insurance, and telecommunications is leading to increased construction, which is driving the growth of solar-controlled window films in the regional market.


Key Players


The Key Players in the Global Solar Control Window Films Market are 3M (US), The Window Film Company (UK), Eastman Chemical Company (US), Garware Suncontrol (India), Avery Dennison Corporation (US), Saint-Gobain (France), Madico, Inc (US), Solar Screen International SA (Luxembourg), Johnson Laminating & Coating, Inc (US), and NEXFILUSA (US).


Some of the key strategies followed by the players operating in the global solar control window films market are acquisition and expansion.



  • In July 2019, Avery Dennison Corporation announced the strengthening of its New Zealand distribution network of architecture solar and safety window films with the help of a new distributor, Decrastrip. This expansion will aid the company in providing its existing products to customers across New Zealand.

  • In August 2018, Madico, Inc. acquired the distribution business of Midwest Marketing, Inc. (US). This acquisition will aid the company in its distribution business by providing direct service to all its customers in the US region.


Market Segmentation


Global Solar Control Window Films Market, By Type



  • Dyed

  • Vacuum

  • Clear

  • Others


Global Solar Control Window Films Market, By Absorber Type



  • Organic

  • Inorganic

  • Metallic


Global Solar Control Window Films Market, By Application        



  • Construction

  • Automotive & Transportation

  • Marine

  • Decorative

  • Others


Global Solar Control Window Films Market, By Region



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • UK

    • France

    • Spain

    • Italy

    • Russia

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • South Korea

    • Indonesia

    • Thailand

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Latin America

    • Mexico

    • Brazil

    • Argentina

    • Rest of Latin America



  • Middle East & Africa

    • GCC

    • Turkey

    • South Africa

    • Israel

    • Rest of the Middle East & Africa




Available Additional Customizations



  • Solar Control Window Films Market PESTEL analysis 

  • Customer Analysis of Major Consumers


Intended Audience



  • Solar Control Window Films Manufacturers

  • Suppliers and Traders of Solar Control Window Films

  • Government, Associations, and Industrial Associations

  • Investors and Trade Experts

  • Consulting in Chemical Experts



Frequently Asked Questions (FAQ) :


The market is expected to exhibit a strong 9.3% CAGR over the forecast period from 2020 to 2027.

Major product types in the solar control window films market include vacuum coated, dyed, and clear.

Growing demand for temperature regulating windows is likely to be the major driver for the solar control window films market.

North America is the largest regional market for solar control window films due to the widespread awareness in the region.

Leading players in the market include 3M, The Window Film Company, and Eastman, among others.