Increasing Adoption of Solar Control Window Films in Asia-Pacific to Open-Up Newer avenues for 3M, Saint Gobain, Eastman Chemical Company, Polytronix Inc.

Sep 22, 2016, 08:30 ET from Mordor Intelligence

HYDERABAD, India, September 22, 2016 /PRNewswire/ --

Mordor Intelligence announces the publication of their research report on global solar control window film market. The report titled, "Global Solar Control Window Film Market - Segmented by Type, Absorber Type, Application, and Geography - Trends and Forecasts" discusses the current landscape and outlook of the said market.

In 2015, the global solar control window film market was valued at USD 631.20 million and is estimated to reach USD 1,259.75 million by 2021, at a CAGR of 12.21% during the forecast period 2016-2021.

Our report on the solar control window films market has been segmented as follows:

  • By Application
    • Construction
    • Automotive
    • Marine
    • Graphics or Decorative
    • Others
  • By Type
    • Clear (Non-Reflective)
    • Dyed (Non-Reflective)
    • Vacuum Coated (Reflective)
    • High-performance films
    • Others
  • By Absorber type
    • Organic
    • Inorganic/ceramic
    • Metallic

Based on geography, the market is segmented as North America (United States, Canada, Mexico, and Rest of North America), Europe (Germany, United Kingdom, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of APAC), South America (Brazil, Argentina, Rest of South America), and Middle-East & Africa (Saudi Arabia, South Africa, UAE and Rest of Middle-East & Africa).

In 2015, the construction segment, which was the largest application segment, accounted for about 60% of the global solar window films market. The automotive segment is projected to be the fastest growing application segment with a growth rate of over 12%. By type, the vacuum coated (reflective) segment dominated the market with a share of over 43%. The high-performance films & 'others' segment is expected to be the fastest growing segment with a CAGR of over 13% during 2016-2021. Asia-Pacific has the highest share in the market in terms of revenue, accounting for over 30% of the global share and is likely to be the fastest growing region during the forecast period.

Some of the major companies profiled in the report are 3M, Saint Gobain, Eastman Chemical Company, Polytronix Inc., and Purlfrost Ltd.

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SOURCE Mordor Intelligence