The Window Film Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Window Film Market:
https://www.thebusinessresearchcompany.com/report/window-film-global-market-report
According to The Business Research Company’s Window Film Global Market Report 2024, The window film market size has grown strongly in recent years. It will grow from $15.21 billion in 2023 to $16.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to energy efficiency trends, solar control and UV protection, privacy and security concerns, aesthetic and decorative purposes, government initiatives.
The window film market size is expected to see strong growth in the next few years. It will grow to $22.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to green building trends, rising awareness of health risks, smart building integration, commercial applications, architectural innovations, increased emphasis on privacy. Major trends in the forecast period include surge in automotive applications, focus on sustainable and recyclable films, security and safety film demand, anti-glare and anti-reflective films, technological integration for enhanced performance.
Growing demand for energy-efficient buildings is expected to propel the growth of the window film market going forward. An energy-efficient building ensures that residents have a comfortable living environment while using the fewest resources and the least amount of energy. Solar window film installation can also be successful in lowering winter heat loss and raising tenants’ thermal comfort. To increase energy efficiency, window films are used in energy-efficient buildings. For instance, in February 2021, according to the U.S. Environmental Protection Agency, a US-based government organization, found that consistently benchmarked buildings reduced energy use by an average of 2.4% per year. Therefore, the growing demand for energy-efficient buildings is driving the demand for the window film market.
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The window film market covered in this report is segmented –
1) By Product type: Sun Control, Decorative, Security & Safety, Privacy
2) By Application: Automotive, Residential, Commercial, Marine
Top Major Players:
3M Company
Toray Plastics (America) Inc
Eastman Chemical Company
Bekaert Specialty Films LLC
Reflectiv SAS
Asia-Pacific was the largest region in the window film market in 2023
Major companies operating in the window film market are focusing on developing innovative products such as decorative architectural window film to provide a versatile and easy-to-install solution for enhancing interior spaces. Decorative architectural window film refers to a type of film used to enhance the aesthetics and functionality of windows in various settings, including residential, commercial, and industrial buildings. For instance, in April 2022, Avery Dennison Corporation, a US-based adhesive manufacturing company, launched a new decorative architectural window film called Dusted Crystal. The frosted film is available in a matte and luster finish, offering privacy while providing a translucent light effect for interior environments using glass to signify specially designed spaces.
The window film market report table of contents includes:
1. Executive Summary
2. Window Film Market Characteristics
3. Window Film Market Trends And Strategies
4. Window Film Market – Macro Economic Scenario
5. Global Window Film Market Size and Growth
….
32. Global Window Film Market Competitive Benchmarking
33. Global Window Film Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Window Film Market
35. Window Film Market Future Outlook and Potential Analysis
36. Appendix
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