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Window Films Market Size, Growth | Global Industry Analysis, Major Players and Forecast, 2030
The Window Films demand was 1.314 million tons in 2020 and is predicted to reach 1.195 million tons through 2030. The global market for Windows Films is expected to grow at a CAGR of 3.79% until 2030.
Window films refers to the polymer films that are used to laminate windows or glass surfaces of automobiles or buildings. These films not only give an aesthetic look to buildings or automobiles but also provide protection from UV rays, reduce heat and glare. Moreover, Window Films are gaining popularity as they also improve safety and security and enhanced protection against accidents, stormy winds, flying glass fragments as well as scratch resistant.
On the basis of their utility, Window Films are segmented into several types such as UV blocking films, privacy films, insulating films, safety and security films, decorative films, and others. These films consist of a scratch resistant coating on their exterior surface for protection and are used to apply on the inner surface of a glass window in buildings or vehicles.
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Automotive, Building & Construction and Marine are the major end use industries for Window Films. Growth of these sectors would consequently impel the demand for Window films and boost its market in the forecast period. In automotive industry, several factors like increasing concern about health along with safety & security are driving the demand for automotive films. Window films in automobiles, offers heat control and UV protection that helps in preventing skin damage coupled with safety benefits, glare reduction and aesthetics looks. Moreover, to support fuel economy, focus on light weight and electric vehicle production is rising, which is expected to boost the demand for Window Films in this segment. However, the requirement of technical expertise for its application along with the rising demand for smart glass is expected to hamper its market growth over the forecast period.
Some of the major players operating in Window Films Market include 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.