Global Window Films Market 2018-2022
About Window Films
Window films are defined as laminated films that are made of thermoplastic materials and available in various grades. They are widely used in the automotive, residential, construction, and marine industries.
Technavio’s analysts forecast the global window films market to grow at a CAGR of 5.21% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global window films market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Window Films Market 2018-2022
Technavio recognizes the following companies as the key players in the global window films market: 3M, Eastman Chemicals, LINTEC, Saint-Gobain, and Toray.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is demand from laboratories and commercial spaces. Increasing concerns regarding noise pollution and its impact on the productivity at workspace are driving the need for efficient commercial spaces with noise-control glass windows. The use of such window films reduces noise and provides a better working environment. The rise in a number of entertainment centers, shopping complexes, luxury stays, and commercial spaces have contributed to the growth of the global window films market.”
According to the report, one driver in the market is increasing demand for automobiles. The use of various kinds of window films in automobiles is likely to fuel the growth of the global window films market. Investments in automobile manufacturing are creating the demand for window films, particularly in APAC. Increasing disposable income and consumer awareness about the benefits of window films are boosting their applications in the automobile industry. Growing sales of passenger and commercial vehicles are expected to impact the growth of the global market positively. The improving automobiles sales are expected to be prominent in Europe and the Americas.
Further, the report states that one challenge in the market is limitation on visible light transmission. The use of tinted windows in the automobile industry causes various problems. Tinted window glass reduces visible light transmission (VLT) through the windows. The increasing use of tinted windows in automobiles is causing low visibility for the drivers, especially during the night. Tinted windows allow less light to pass through. Thus, the visibility is reduced. Low visibility is causing several accidents.
3M, Eastman Chemicals, LINTEC, Saint-Gobain, and Toray.
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