Europe Solar Control Window Films Market - Segmented by Product Type, Application and Geography - Growth, Trends and Forecasts (2018 - 2023)
The Europe solar control window films market is estimated to register a CAGR of 10.87%, during the forecast period, 2018-2023. Germany is expected to lead the market in the region supported by the growing number of new residential and commercial buildings in the country.Construction is to lead the market among other end-user industries.
Growing Emphasis on Safety & Security
Window films are available in different grades, shades, colors, and thicknesses, which are custom-built to offer solutions to a variety of challenges. Window films are a retrofit upgrade for existing glass that can be used to address problems inherent to glazing, including. Solar control window film prevents light and infrared heat from passing through glass windows or doors and, thereby, reducing heat gain. Moreover, these films can be used to improve the unprotected glass and bring its quality up to certified safety standards for impact by objects and humans; blast protection, such as from a chemical explosion; and other events, which may create hazards from broken glass. Furthermore, they also help by protecting property against fading caused by the UV rays
Construction to be the Largest End-user Segment
Due to their transparent nature, these films or tints can be laminated on the glass surfaces present on the buildings. The other function of these films will be to hold the glass pieces together even after the occurrence of some cracks. The construction sector in Europe is of great importance providing 18 million direct jobs and accounted for around 8.6% of EU’s total GDP in the year 2016. The initiative for green buildings is also likely to increase revenues for the European construction sector. The strong growth in the construction industry is to result in owning the higher share of the solar window films market.
Germany to be the Major Market in the Region
The German solar control window films market is driven by majorly increasing demand in the construction and automobile market. In Germany, the energy efficiency of a building is of high priority. The country has higher production of solar power energy and the government has supported the new solar control window film technology to be implemented in the country, to reduce the energy costs and carbon footprint. The automotive production and sales have been increasing in the past few years, in Germany. The other market applications, such as marine and design, have also shown increasing demand for solar control window film products in the recent past.
Major Players: 3M, Saint Gobain, Eastman Chemical Company, Hanita Suncoontrol, and Madico, among others.
Reasons to Purchase this Report
To understand the impact of increasing stringent regulations on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the trend of end-user industries
Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players.
3-month analyst support, along with the Market Estimate sheet (in Excel)
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