Global Solar Control Window Films Market - Segmented by Type, Application, and Geography - Trends and Forecasts (2015-2020)
LONDON, Sept. 22, 2015 /PRNewswire/ -- Solar control window films have been extensively used since the 1950's in commercial, residential buildings as a protective sheet installed on windows to block the sun's rays. Solar Control window films block nearly 80% of the heat entering a building thus reducing electrical costs -usage of air conditioners during summer and heating during winters.
The growth in solar control window films market in the Americas has now been constant and solely depends on real estate. The rising demands in countries other than Asia-Pacific like Middle East has huge potential for solar control film market. This market is expected to grow with a compound annual growth rate – CAGR of 12.2% by the year 2018.
Solar control window films are manufactured mainly from PET polyethylene terephthalate (common thermoplastic resin from the polyester family). They are used because of their excellent optical properties and strength. The raw material- PET is in the form of pellets that are melted and stretched biaxially into polyester sheets which are then processed according to its applications.
The report profiles the history of solar window panel market, technology roadmap- milestones and growth of this market.
Driving factor
Reduction of energy costs, carbon footprint are the key driving forces. Safety and security reasons with respect to thefts and reduction of ultra-violet (UV) and infra-red (IR) emissivity are the key factors driving this market.
Challenges
The challenge is in identifying an appropriate film depending on climatic conditions and glass specifications. The cost curtailed thereby on making a wrong decision keeps the customer from investing in it.
What the report contains
The report gives a detailed overview of the different kinds of films manufactured and segmented based on their application and type. Region wise break up forecasting the market size, growth has been given. Asia-Pacific being the third leading region, North America, South America, Europe with Others leading ahead has been forecasted by the year 2018.
Recent developments in the solar window control film industry about joint ventures, collaborations have also been listed.
The report also profiles the latest technological innovations being worked on in the solar window panel film industry in different laboratories with the potential to commercialize in the next 5 years.
Companies profiled in the solar control window films market report include Thermolite, Solar Control Films Inc., Solar Gard-Saint Gobain, 3M, Llumar, Vista Windows Films, Madico, Decorative Films, LLC., Eastman Chemical Company, Solamatrix, Inc., Pleotint, LLC., Hunter Douglas Corporate Office, Polytronix, Inc., CHB Industries, Verotex etc.
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