Solar Control Window Films Market size worth $3.5 Bn by 2032

Solar Control Window Films Market size is set to surpass USD 3.5 billion by 2032, according to a new research report by Global Market Insights Inc.
 

The ongoing development of modern infrastructures throughout economies, along with the expanding preference for protective films that reduce glare and provide thermal insulation across commercial and industrial bases, is likely to positively influence the industry outlook. While air conditioning can help with excessive heat, it is a costly solution that is also harmful to the environment. Solar control film assists in creating a more controllable internal temperature without blocking the view or obstructing the natural sunlight by slowing down the buildup of excessive warmth.  As a result, increased demand for safe and efficient glasses is slated to significantly fuel the industry dynamics.
 

High demand for vehicle aesthetics to stimulate automotive segment growth

In terms of application, the solar control window films market from automotive segment is predicted to record a valuation of over USD 1 billion by 2032 driven by multiple product advantages, including glare, UV, heat, safety benefits, and the option to personalize the vehicle’s appearance and aesthetics according to the customer's preferences. Furthermore, the booming automotive sector across Asian countries has offered growth opportunities to solar control window film manufacturers, which is poised to propel the segment growth. For instance, in July 2022, Avery Dennison, a global materials science firm, launched its largest range of vehicle window films in Malaysia, Indonesia, Thailand, the Philippines, Singapore, and Vietnam.
 

Rising popularity of smart windows to foster high-performance films segment expansion

In terms of product, the high performance solar control window films market size valued at more than USD 160 million in 2022. The escalating popularity of smart windows to cut energy usage in temperate areas with chilly winters and hot summers, such as the Netherlands, is driving demand for high performance solar window films. Moreover, increased product usage throughout homes and buildings to minimize fading of interior furniture and items and to avoid glass breakage and shattering is estimated to boost segment expansion.
 

Browse key industry insights spread across 200 pages with 359 market data tables & 30 figures & charts from the report, “Solar Control Window Films Market - By Application (Construction, Automotive, Marine, Graphics/Decorative), By Film (Clear Window, Dyed Window, Vacuum Coated, High Performance), By Absorber (Organic, Metallic), 2023 – 2032”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/solar-control-window-films-market
 

Increasing automotive applications to augment metallic segment revenues

In terms of absorber, the solar control window films market from metallic segment exceeded USD 560 million in 2022. Metallic films, unlike colored tints, reflect heat rather than absorb it. This creates a reflecting or shining appearance, which is required for automotive applications. It also protects against excessively hot surfaces, UV damage, and AC. Additionally, major companies are actively developing long-lasting, affordable, and highly effective films, which is expected to support business expansion.
 

Expansion of building structures with glazed windows across Europe

Europe solar control window films market is projected to reach nearly USD 860 million by 2032. The growing number of buildings and houses with glazed windows has emerged as a major cause of inconvenience in the European region, prompting a consumer shift towards modern and efficient films and heat-retaining solutions to protect, decorate, and safeguard windows, bay windows, and other glass panes, which is estimated to contribute to the regional business growth. In March 2022, NHS contracted The Window Film Company to install solar control films at its Chelmsford facility that was exposed to uncomfortably high temperatures and glare.
 

Strong focus on introducing innovative solar films to improve business scenario

Major companies operating in the global solar control window films market are Eastman Performance Films, LLC Garware Suncontrol Film, Saint Gobain Performance Plastics, 3M, Sunsational Solutions, NEXFIL, Decorative Films, LLC, Purlfrost, and NDFOS. Recent advancements and product range expansions by industry players are slated in the market. For instance, in April 2022, Avery Dennison Graphics Solutions, a global materials science firm, debuted the Dusted Crystal decorative architectural window film that offers privacy while also creating a transparent light look for interior situations that use glass to designate particularly designated areas.