APAC Solar Control Window Films Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 10.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Solar Control Window Films Market Analysis
The market for Asia-Pacific solar control window films is expected to expand at a CAGR of more than 10% during the forecast period. Major factors driving the market studied is growing emphasis on reducing carbon footprint. Growing smart glass market is expected to hinder the growth of the market studied.
- Construction industry dominated the market and is expected to grow during the forecast period.
- Growing concerns regarding UV protection is expected to act as an opportunity in the future.
APAC Solar Control Window Films Market Trends
This section covers the major market trends shaping the APAC Solar Control Window Films Market according to our research experts:
Increasing Demand from Construction Industry
- The construction industry, which includes commercial and residential buildings, accounts for the major share in the solar control films market.
- These windows filmshave been extensively used in commercial and residential buildings, as a protective sheet installed on the windows.
- These window films serve a wide variety of purposes, like providing protection against damaging ultraviolet radiations that can cause fading of fabrics, furnishings, or display articles, blocking glare, reducing heat within a building, lowering energy costs by reducing air conditioning needs, and providing privacy while making buildings look attractive.
- Varying levels of insulation are also available that assists in keeping the energy usage under control in any kind of climate.
- They also play a major role in enhancing the home exterior and appearance. Due to their advanced benefits, they are preferred more as compared to other types of films.
- Aforementioned factors are expected to increase the demand of solar control window films over the forecast period.
China to Dominate the Market
- The Chinese solar control window films market is driven by the constructionmarket.
- The construction market in China is the largest in the region, which is almost two times the size of the construction industry of Japan.
- China's residential building sector witnessed the growth accelerate inpast few years,as greater land supply was made available,in an effort torebalance supply and demand and dampen the overheating housing market.
- Furthermore, the energy consumption in commercial and residential buildings is also increasing in China.Air conditioners are among the primeconsumers of energy these days.
- Currently,more thanone trillion kilowatt-hours of electricityisconsumed by residential, commercial, and industrial air conditioning annually.
- Additionally, automotive heating, ventilation, and air conditioning systems (HVAC systems) also consume a huge amounts of energy, which results in the generation of exhaust emissions. However, China is already moving ahead and is expected to surpass the United States as the world's biggest user of electricity for air conditioning, by 2020.
- The aforementioned factors are contributing to the increasing demand for solar control window films’ consumption in the region, during the forecast period.
APAC Solar Control Window Films Industry Overview
The Asia-Pacific solar control window films market is semi-consolidated. The major companies include 3M, Saint-Gobain Performance Plastics Corporation, Eastman Chemical Company, Polytronix Inc, and Purlfrost, among others.
APAC Solar Control Window Films Market Leaders
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3M
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Saint-Gobain Performance Plastics Corporation
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Eastman Chemical Company
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Polytronix Inc
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Purlfrost Ltd.
*Disclaimer: Major Players sorted in no particular order
APAC Solar Control Window Films Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growing Emphasis on Reducing Carbon Footprint
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4.1.2 Upsurge in the Asia-Pacific Construction Industry
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4.2 Restraints
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4.2.1 Growing Smart Glass Market
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4.2.2 Other Restraints
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4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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4.5 Price Analysis
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4.6 Policies & Regulations
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5. MARKET SEGMENTATION
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5.1 Film Type
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5.1.1 Vacuum Coated
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5.1.2 Clear
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5.1.3 Dyed
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5.1.4 High Performance and Others
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5.2 Absorber Type
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5.2.1 Organic
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5.2.2 Inorganic/Ceramic
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5.2.3 Metallic
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5.3 Application
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5.3.1 Construction
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5.3.1.1 Commercial/Retail
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5.3.1.2 Residential
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5.3.2 Automotive
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5.3.3 Marine
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5.3.4 Other Applications
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5.4 Geography
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5.4.1 China
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5.4.2 India
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5.4.3 Japan
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5.4.4 South Korea
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5.4.5 ASEAN Countries
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5.4.6 Rest of Asia-Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Ranking Analysis
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 3M
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6.4.2 Avery Dennison Israel Ltd.
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6.4.3 Decorative Films, LLC.
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6.4.4 Eastman Chemical Company
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6.4.5 Garware Suncontrol
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6.4.6 Johnson Window Films, Inc
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6.4.7 Madico, Inc.
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6.4.8 Polytronix, Inc.
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6.4.9 Purlfrost Ltd.
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6.4.10 Saint-Gobain Performance Plastics Corporation
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6.4.11 Solar Control Films Inc.
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6.4.12 Thermolite
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Growing Concerns Regarding UV Protection
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APAC Solar Control Window Films Industry Segmentation
The Asia-Pacific solar control window films market report includes:
Film Type | |
Vacuum Coated | |
Clear | |
Dyed | |
High Performance and Others |
Absorber Type | |
Organic | |
Inorganic/Ceramic | |
Metallic |
Application | ||||
| ||||
Automotive | ||||
Marine | ||||
Other Applications |
Geography | |
China | |
India | |
Japan | |
South Korea | |
ASEAN Countries | |
Rest of Asia-Pacific |
APAC Solar Control Window Films Market Research FAQs
What is the current Asia-Pacific Solar Control Window Films Market size?
The Asia-Pacific Solar Control Window Films Market is projected to register a CAGR of greater than 10% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Solar Control Window Films Market?
3M, Saint-Gobain Performance Plastics Corporation, Eastman Chemical Company, Polytronix Inc and Purlfrost Ltd. are the major companies operating in the Asia-Pacific Solar Control Window Films Market.
What years does this Asia-Pacific Solar Control Window Films Market cover?
The report covers the Asia-Pacific Solar Control Window Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Solar Control Window Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Solar Control Window Films Industry Report
Statistics for the 2024 Asia-Pacific Solar Control Window Films market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Solar Control Window Films analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.