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In terms of product, the vacuum coated segment is predicted to observe nearly 11.5% growth rate through 2032. Vacuum coated or reflective window films are considered the most cost-effective solution that can provide high heat reduction by blocking up to 99% of damaging UV radiation. Companies and builders have a strong preference for tinted, reflective films for glass breakage & shattering prevention as well as to maximize the building’s energy efficiency and comfort on a budget, which is slated to foster segment growth.
Solar control window films market size the graphics/decorative segment accounted for over USD 40 million in 2022. Extensive product usage to transform ordinary glass into creative areas at museums and art galleries to protect paintings and sculptures from damage and fading from sunlight without incurring high expenses is set to propel the business expansion. Furthermore, constant efforts by industry participants to secure their stake in the thriving market are likely to support the segment expansion.
Based on absorber, the solar control window films market from organic segment is poised to witness approximately 11% gains between 2023 and 2032. The increased protection against glass shards, availability of thick interfaces, and high durability are some of the qualities that are likely to stimulate segment revenue. Key stakeholders across the value chain are collaborating with businesses to offer effective sustainable solutions to the customers as a part of their efforts to advance their customers' sustainability commitments which is estimated to be the major factor augmenting the business growth.
Asia Pacific solar control window films market size valued at USD 380 million in 2022. Increasing energy demand from the expanding population and improvement of people’s living conditions across APAC nations, has promoted more sustainable energy usage and green building materials. Additionally, the rapid development of modern buildings and structures with a high window-to-wall ratio which results in high energy consumption and discomfort for occupants is expected to impel the regional revenue growth. Moreover, the ongoing growth of the construction and automotive sectors in the developing nations along with the increasing availability of high-performance films is anticipated to accelerate regional industry growth.