The global Window Films market stood around 1450 thousand tonnes in 2022 and is expected to grow at a CAGR of 3.7% in the forecast period until 2030.
Window Films are polymer films that are applied onto windows of automotive or buildings to protect from UV rays and reduce glare. There are several types including UV blocking films, decorative films, privacy films, safety and security films, insulating films, and others. Major end-use industries for Window Films are automotive, building and construction, and marine. Increasing demand from the automotive and construction sectors is expected to drive down the demand for Window Films during the forecast period. The application of Window Films requires technical expertise therefore the requirement of technical expertise is expected to hinder the demand growth for Window Films for the forecast period. Furthermore, the growing demand for smart glass is also expected to hinder the demand growth for window films. However, the high demand for window films from the marine sector is expected to drive its market growth in the upcoming years. Throughout the projection period, the Window Films demand is estimated to reach 1910 thousand tonnes in the forecast period.
Region-wise, the Asia-Pacific region holds the major share of global demand for Window Films due to the increasing demand from application industries such as automotive and construction. Moreover, increasing population and subsequent urbanization in economies like India and China coupled with the growing number of industries using Window Films is another factor influencing the growth of the Window Films market in the Asia Pacific region. In Addition, increasing efforts towards the reduction of carbon footprint by applying cooling films in buildings is also another factor propelling the demand for Window Films in Asia-Pacific.
Based on type, the global Window Films market is divided into UV Blocking Film, Decorative Film, Privacy Film, Safety & Security Film, and Insulating Film. Among these, UV blocking window films is dominating the total window films market and finds application in various sectors, such as automotive and architectural sectors.
Based on the end-user industry, the global Window Films market is segmented into Automotive, Building and Construction, Marine, and Others. Although, the two largest consumers are Automotive industry and Building and Construction industry. Each one of these two industries has consumed more than 40% of the market in 2022. Moreover, it is expected that the Automotive industry will experience a surge in the forecast period owing to rising per capita income and demand of vehicles on a worldwide level.
Major players in the production of Global Window Films market are 3M, Avery Dennison Corporation, Armolan Greece, Eastman Chemical Company, Johnson Window Films, Inc, Hyosung Chemical, Lintec Corporation, Rayno Window Film, Saint-Gobain, American Standard Window Film, Toray Plastics, Garware Suncontrol, Reflective Window Films.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2030
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Objective of the Study:
• To assess the demand-supply scenario of Window Films which covers production, demand and supply of Window Films market in the globe.
• To analyse and forecast the market size of Window Films
• To classify and forecast Global Window Films market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Window Films market in the globe.
To extract data for Global Window Films market, primary research surveys were conducted with Window Films manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Window Films market over the coming years.
ChemAnalyst calculated Window Films demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Window Films across the globe. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Window Films manufacturers and other stakeholders
• Organizations, forums and alliances related to Window Films distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Window Films manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Window Films s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
1450 thousand tonnes
Market size Volume by 2030
1910 thousand tonnes
Growth Rate
CAGR of 3.7% from 2023 to 2030
Base Year
2022
Estimated Year
2023
Historic Data
2015 – 2021
Forecast period
2023 – 2030
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2030
Report coverage
Industry Market Size, Capacity By Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Type, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade.
Segments covered
By End-Use: (Food & Beverages, Pharmaceuticals, Detergent & Cleaning, Cosmetic & Personal Care, and others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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What is the expected global market size of Window Films in terms of volume for 2030?
Ans:
The global market size of Window Films is expected to reach approximately 1910 thousand tonnes by 2030, and it is expected to further expand with a CAGR of 3.7%.
Q2.
What are the major end-use industries of Window Films?
Ans:
Window Films are used in a wide range of end use industries including Automotive, Building and Construction, Marine, and Others.
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