The global solar control films market was valued at $645.1 million in 2015, and it is expected to grow at a CAGR of 9.4% during 2016 - 2022. The factors driving the growth of the global market include reduction of energy cost & carbon footprint, reduction of ultra-violet (UV) & infrared (IR) emissivity, and increasing awareness about advantages of solar control films over normal sun reflective glass. Additionally, the surge in the real estate development is further boosting the opportunities for increasing demand for solar control films.
Explore Full Report at: https://www.psmarketresearch.com/market-analysis/solar-control-films-market
The sunlight streaming through window comprises heat, UV rays, infra-red radiation, and visible light. UV rays possess health risk, since excessive exposure may cause skin cancer, premature aging of skin, cataracts and other eye problems. UV rays are the major reason for fading, and it can cause damage to furniture, hard floor, equipment and other materials. Wherever there are windows, be it houses or offices, this issue will surface there. Solar control films block (absorbs) 98% of the UV rays to reduce the exposure, hence reducing the health hazard associated with UV rays and also preventing fading effects on furniture, interior and other appliances. Solar control films has the ability to block the certain wavelength of infrared radiations and reject heat without affecting the natural light and maintaining the inside temperature.
In 2015, Asia-Pacific held the largest share (39.5%) in the global solar control films market with a market size of $254.7 million. The solar control films market in the region is anticipated to witness the highest growth at a CAGR of 10.6% during the forecast period. The major reasons behind the growth of the solar control films market in the region include large base of automobile industries and rapid development in building construction sector.
The information and data in the publication “Global Solar Control Films Market Size, Share, Development, Growth and Demand Forecast to 2022”, represents the research and analysis of data from various primary and secondary sources. An amalgamation of bottom-up and top-down has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.
Among the various applications, the automotive segment held the largest share in the global market in 2015. However, the commercial building segment is anticipated to witness the highest growth during 2016 - 2022.
Some of the major players operating in the global solar control films market include Garware Polyester Ltd., 3M Company, Decorative Films LLC, Madico Inc., Hanita Coatings RCA Ltd., Eastman Chemicals Company (LLumar), Nexfil USA, CHB Industries, SunTek Window Films, Wintech Company Ltd., Johnsons Window Films Inc., Saint-Gobain.
GLOBAL SOLAR CONTROL FILMS MARKET SEGMENTATION
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Assistant – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)