Window Film Market is Expected to Propel Due to the Growing Need for Energy-Efficient Buildings2/15/2019 April 4, 2019: The global window film market size is anticipated to reach USD 13.8 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.9% over the forecast period. Rising demand for the product across various end-use industries such as automotive, residential, commercial, and marine is anticipated to drive the industry. Due to rising awareness regarding energy-efficient vehicles, the automotive manufacturers across the globe are improvising their technologies and finding sustainable alternatives to reduce fuel consumption in vehicles, thereby reducing emissions. This, in turn, is estimated to increase demand for the product in the automotive industry.
Growing need for energy-efficient buildings, both residential as well as commercial spaces, is expected to propel the demand for sun control films over the forecast period on account of their ability to reduce excess sunlight penetration inside the room. Aerospace industry utilizes the product to enhance the rigidity and strength of windows and protect interior components and furniture from outside radiation and sunlight. Furthermore, these films make it easier to clean and maintain windows. These are attractive, cheaper than decorative glasses, and lightweight, which is projected to increase their consumption in the industry over the forecast period. In 2014, Solar Gard announced the opening of a new manufacturing facility in Qingdao, China. This facility focuses on the production of automotive and architectural films for Asia Pacific and provide security and safety, glare reduction, carbon emission reduction, and energy-saving solutions. Request a Free Sample Copy of Window Film Market Report @ https://www.radiantinsights.com/research/window-film-market/request-sample Further key findings from the study suggest:
For further inquiries, about - Global Window Film Market Analysis, Size, Growth, Trends and Forecast 2019 - 2025, click on this link https://www.radiantinsights.com/research/window-film-market About Radiant Insights, Inc Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
0 Comments
Leave a Reply. |
Archives
October 2022
Categories |