Expert Market Research’s new report titled “Global Window Films Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026”, provides an in-depth analysis of the global window films market, assessing the market on the basis of its segments like type, application and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2020)
• Forecast CAGR (2021-2026): 5%
The growth of the market is mainly driven by the strong demand from the construction and infrastructure sector. The market for window films is expected to grow owing to the growing awareness of energy-efficient buildings and increased demand for window films in end-use industries. Residential demand is expected to be boosted by increased tinting practices on existing windows, as well as tighter restrictions on green building construction. An increase in the demand for window films has been attributed to growing concerns over climate change and increased awareness of environmental disturbances. Other factors driving the growth of the market include increasing population and increased urbanization.
Industry definition and major segments:
Window film is a thin layer of window covering, which is installed to provide a variety of high value benefits. Window films offer energy savings, a neutral carbon footprint, UV protection, glare reduction, safety benefits and aesthetic appearance, thanks to advances in technology.
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Window films can be divided on the basis of type into:
• Solar control
• Privacy films
• Decorative foils
• Safety and security
• One-way mirror
• Insulating films
Window films by applications can be divided as follows:
• Building and construction
o Infrastructure and Institutions
Regional window film markets can be broken down as follows:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
The global window film market was dominated by the building and construction segment. Window films are used in the building and construction industry to minimize glare and heat, prevent fading of fabrics and furniture, provide protection and improve resident comfort. Due to the presence of fast-growing economies, rapid urbanization, and increasing infrastructure spending, the construction industry in Asia-Pacific is growing steadily. The growing presence of foreign companies in the Asia-Pacific region has fueled the demand for new offices, buildings and production facilities, among others, propelling the region’s construction sector forward.
Main market players
Key players in the global window films market are 3M Co, Saint-Gobain Performance Plastics Corporation, Madico, Inc., Eastman Chemical Company, Johnson Window Films Inc., and Toray Industries Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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