QY Research has recently added a report titled, “Global Architectural Window Film Market Insights, Forecast to 2025”, according to the report, the global architectural window film market was worth US$2102.2 mn during 2018 and is expected to reach US$2519.9 mn by the end of 2025, registering a CAGR of 263.0% during the forecast period.
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Increased Protection and Comfort to Augment the Growth of the Market
Architectural window films are rising in demand as they improve the performance and look of windows by going through a strong polyester laminated treatment. One side of the window film provides scratch resistance and the other side provides adhesive to bond the film to the glass surface. These window films protect the solar energy from entering into room spaces. It helps to improve the insulation performance of window and offers endless decorative opportunities. It considerably reduces the hazards associated with fragile, shattered glasses.
These solar protection films help to control radiant energy of the sun, enhances outward visibility, reduces harsh glare, reduces influx of heat, and eliminates the harmful effects of ultraviolet rays on interior furnishing, eyes, and skin. The wide range of benefits offered by architectural window films are expected to bode well for the market.
Commercial Segment to Augment as Technological Development has Generated Jobs
Commercial architectural window film is expected to lead the market because commercial spaces are increasing as technological advancements are generating new jobs in the market. Commercial spaces are installing these window films as they strengthen the window glass and provide protection from storm and other hazards. They improve comfort and reduce discoloration caused due to UV rays. In addition, they also improve energy efficiency of spaces and helps in blocking UVA and UVB rays from damaging the home.
China to Lead the Global Market as this Region is Witnessing Increased Construction Activities
China has the highest number of constructions in the world. The rapid growth of economy and population has led China to the top, leaving North America behind. Thus, architectural window films will highly be consumed in this region.
Key players in the market are investing in sustainable development goals to bring new dynamics in the industry. They are bringing new renewable technology solution to the business. Ensuring corporates innovations to take care of reducing waste and energy consumption.
The key players operating in the global architectural window film market are Eastman, 3M, Saint-Gobain, Madico, Johnson, Hanita Coating, Haverkamp, Sekisui S-Lec, Garware SunControl, and Wintech.
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