The solar control window film market is broadly categorized into three major segments based on the application type such as dyed films, clear films and vacuum coated films. The dyed films is considered as one of the fastest growing segment in the solar control window films industry with substantial revenue generation in the last few years. Growing popularity of the dyed films segment is attributed to their capability to block incoming heat and also blocks the harmful UV rays. The vacuum coated films segment has also witnessed substantial growth owing to the higher market penetration.
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The solar control window films market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in automotive and construction sector, increase in the number of research & development activities in the region and existence of well-established industrial infrastructure.
Asia-Pacific region is predicted to hold major market share in the solar control window film industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rapid growth in the automotive and construction industries, lucrative business environment, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the solar control window films industry are the 3M Company, Eastman Chemical Company, Madico, Inc., Toray Plastics, Inc., Hanita Coatings RCA Ltd., Johnson & Johnson Co., Armolan GmbH, Rayno Window Film Ltd., Suntek Energy Systems Pvt., Ltd., Reflectiv SAS, and Nexfil Co., Ltd.
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