Report ID: UCMIG15A2087
Report ID:
UCMIG15A2087 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market size of the global solar control window films is estimated to reach USD 718.64 million in 2021 and is projected to grow at a CAGR of 6.6% from 2022 to 2030. Solar control window films are designed to protect individuals from harmful radiation while inside a car or building, as prolonged exposure to ultraviolet (UV) rays can cause skin cancer. Additionally, these window films can prevent furniture in the interior of cars and buildings from fading due to exposure to sunlight. The installation process of solar control window films is inexpensive and user-friendly, and it also enhances the overall appearance of a building.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15A2087