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Window Film Market Analysis, Company Profiles, Competitive Landscape and Key Regions Analysis Available at Fortune Business Insights

The global window films market size is expected to reach USD 2.90 billion by 2027, exhibiting a CAGR of 5.71% during the forecast period. The introduction of new windows films with high aesthetics will foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Window Film Market Size, Share & COVID-19 Impact Analysis, By Type (Sun Control Films, Decorative Film, Safety & Security Film, Privacy Film, and Others), By Application (Automotive, Building & Construction


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Ashwini Bhamare

4 months ago | 3 min read
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The global window
films market
 size is expected to reach USD 2.90 billion by 2027,
exhibiting a CAGR of 5.71% during the forecast period. The introduction of new
windows films with high aesthetics will foster healthy growth of the market,
states Fortune Business Insights, in a report, titled “Window Film Market Size,
Share & COVID-19 Impact Analysis, By Type (Sun Control Films, Decorative
Film, Safety & Security Film, Privacy Film, and Others), By Application
(Automotive, Building & Construction, (Residential and Commercial), Marine
and Others), and Regional Forecast, 2020-2027.” The market size stood at USD
2.44 billion in 2019.



The occurrence of coronavirus has caused enormous damage to
various businesses across the world. We understand that this health emergency
has negatively impacted various sectors across the globe. Rising support from
governments and several companies can help in the fight against this highly
infectious virus. There are some industries that are struggling and some are
thriving. More or less, nearly every sector is estimated to be impacted by this
pandemic.



The report on thewindow film marketfeatures:




  • Exceptional
    insights into the market

  • All-inclusive
    facts and figures

  • Latest industry
    development

  • Data about the
    prominent players

  • Dominating
    regions in the market

  • COVID-19 Impact



Browse In-depth Summary of This Research Insight@



https://www.fortunebusinessinsights.com/window-film-market-102081



Market Driver:



Emphasis on Energy Efficient Buildings to Stimulate Growth



The growing focus on eco-friendly and energy-efficient buildings
will enable speedy expansion of the market. The high demand for
energy-efficient constructions is due to increasing global warming and climate
change, in turn, augmenting the growth of the market. Furthermore, the
utilization of window films reduces energy consumption by 35% while also
improving ambient cooling drastically. Films are designed to diminish energy
consumption and CO2 emissions of buildings, thus benefiting the environment.
Moreover, increasing infrastructure development can spur opportunities for the
market in the forthcoming year. Likewise, the stringent government regulations
for the construction of green buildings will consequently aid the expansion of
the market.



Slashed Car Sales to Badly Affect Market During COVID-19



The massive drop in car production and sales has negatively
impacted the global market. The disruption caused by coronavirus on
manufacturing plants and factories will dampen the growth of the market. The
stringent regulations implemented by governments will further thwart the
development of the market. The declined footfall in car showrooms is expected
to inhibit the growth of the market amid coronavirus. Additionally, the
deteriorating demand for passenger cars in various regions of the world will
simultaneously dwindle the market. However, the businesses are expected to
recover in the coming months, which, in turn, will aid the retention of the
market.



Regional Analysis:



Window Retrofitting Activities to Promote Market in North America



The market in North America is expected to hold the largest share
in the global market during the forecast period owing to the high demand for
sun control films to limit the penetration of sunlight vehicles in the region.
Moreover, increasing window retrofitting activities will influence the healthy
growth of the market in the region. Europe is expected to hold a significant
share owing to the increasing demand for automotive films in various countries
such as Germany, France, the UK, and Russia. Furthermore, the demand for glass
facades and curtain walls will fluence a healthy growth of the market in
Europe. Asia Pacific is expected to witness a high growth rate owing to
increasing constriction activities in the developing nations.



Key Development:



August 2018: XPEL, Inc., a supplier for
paint protection and windows films, acquired three franchisees of Protex and
also the assets from E-shields Heaths. The company aims to re-brand and
commercialize the products as a part of the company’s version of the architectural
business through this acquisition.



The Report lists the Key Companies in the Window Films
Market:




  • 3M Company

  • Eastman Chemical
    Company

  • American
    Standard Window Film

  • Madico Inc

  • Hanita Coatings

  • Solar Gard
    Performance Plastics

  • Toray Plastics
    (America) Inc.

  • Armolan Window
    Film

  • Reflectiv 

  • Jupiter
    International

  • Other



 







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