Over the next five years the Architectural Window Film market will register a 5.3% CAGR in terms of revenue, the global market size will reach $ 2356.6 million by 2027.
Architectural window film is a thin laminate film mounted inside or outdoor wall panels. These window thin films are made of vinyl, polyester, plastic, ceramics, and other materials that allow sufficient light to enter and restrict harmful U.V. rays. These are placed on the windows of residences, offices, boats, hospitals, automobiles, and aircraft. Solar control film in the market is the most popular, and sales grow year by year Window film has a wide range of applications in both commercial and residential areas. The market is anticipated to be driven by increasing demand for energy competent housing systems. Architectural window films aid in lowering the energy consumption helps ineffective cooling and minimizes the maintenance cost of the building.
The use of architectural window films in commercial or residential buildings helps in fulfilling the threshold of energy-efficient standards and helps in achieving the green building objective. Hence, the driving factor behind the growth of the market is increased demand for cost-effective building products. However, the market growth is hindered by strict rules imposed on the use of volatile organic compounds and a lack of quality assurance. Polyester film materials are widely used to manufacture window films as they possess scratch-resistant properties which protect the outer surface of the film.
Eastman Expanding in Dresden to Support New Coating and Laminating Line for Film
In January 2020, Eastman Chemical Company increased production capacity in Germany, to meet the growing demand for coatings and lamination used in films. This capacity addition is aimed to strengthen paint protection films and window films segment.
Toray Plastics (America), Inc., Launches a New, 8.7-Meter Polypropylene Film Line
In February 2019, Toray Plastics (America), Inc. announced the extension of the polypropylene film line to meet increasing customer demand. The polypropylene film line with automated slitting began producing commercial volumes of packaging and label films in May. The customized, proprietary equipment is considered by Toray to be one of the most capable BOPP film lines in the world.
Top Key Players in the Architectural Window Film Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Architectural Window Film Market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report includes Eastman, 3M, Saint-Gobain, Madico, Johnson, Hanita Coating, Haverkamp, Sekisui S-Lec, Garware SunControl, Wintech, Erickson, KDX, Polytronix,Armolan Architectural Windows Films, Avery Dennison Corporation, Lintec Corporation, Purlfrost Ltd, Solar Control Films, Architectural Window Film Company, Toray Plastic, Sun Control, Solar Gard and others.
Global Architectural Window Film Market research provides a detailed Analytical Insights on global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact of global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Growing Development of Building and Construction across the Globel
According to the US Census Bureau, building permits in the United States increased 0.3 percent to an adjusted annual rate of 1.76 million in 2021 from 1.75 million in 2020. Furthermore, according to the National Development and Reform Commission (NDRC), 14 construction investment projects were approved worth CNY177.8 billion (US$25.2 billion), following approvals of CNY68.9 billion (US$10.1 billion) in the Previous Year. On the other hand, according to the National Bureau of Statistics, China's real estate market investment jumped from 15.7% to 38.3% in 2021.
Volatility in Raw Material prices
Hindrance in the market is created by the fluctuation in the price of crude oil as Polyester and polyethylene terephthalate are derived from crude oil. According to the BP statics, the average oil price increased to $71/ bbl from $54/bbl, however, it declined to US$64.21/bbl. Fluctuations like these are can be the reason behind hindrance in the architectural window films market.
Architectural Window Film Market is segmented based on the type, applications, companies, and regions.
By Type
The Asia Pacific region dominates the global architectural film market due to the increasing consumption of window films such as reflective films and security films. Reasons like these are behind the estimated growth in the Asian countries of the market.EMEA holds the largest market share, owing to the increase in commercial and residential construction industries in China.
The architectural window film industry is relatively concentrated, manufacturers are mostly in North America, Europe and APAC. Among them, North American sales accounted for more than 25% of the total sales of global architectural window film. Eastman is the world-leading manufacturer in the global architectural window film market with a market share of 10%, in terms of production.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.3 % during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies |
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Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
What is the growth rate of the Architectural Window Film Market?
Who are the key players in Architectural Window Film Market?
What regions does this Architectural Window Film Market report cover?
What are the significant types of Architectural Window Film Market?
• Solar Control Film, Safety/Security Film, Decorative Film, Spectrally Selective Film, Others
What are the major end-use applications of the Architectural Window Film Market?
• Commercial - Offices, Education, Banking, Retail, Hospitality, Healthcare,
Residential - Private Dwellings, Apartments, Row House
All our reports are customizable to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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