Market Dynamics: The global architectural film market is anticipated to maintain a stable compound annual growth rate (CAGR) in terms of revenue throughout the forecast period. One of the key drivers propelling the growth of market revenue is the increased utilization of windows, driven by a growing demand for construction and energy-efficient housing systems.
Architectural film refers to a thin film strip that is applied to the exterior or interior of glass windows and panes to enhance material efficiency and leverage certain properties achieved through the application of coatings to the glass surface. This retrofit upgrade employs materials such as plastics, polyesters, ceramics, vinyl, and others, which facilitate light penetration. It is primarily used to address various challenges, including Ultraviolet (UV) filtration, decoration, branding, glare reduction, safety, security, thermal insulation, styling, and more. These films are typically installed on the windows of both vehicles and buildings. Architectural window film not only reduces energy consumption through thermal insulation but also offers effective cooling for buildings, structures, and infrastructure.
Request for Sample @https://www.reportsanddata.com/download-free-sample/5654
Key Drivers of Revenue Growth in the Global Architectural Film Market:
1. Increased adoption of architectural films on windows due to rising construction projects in both residential and commercial sectors, which is expected to contribute significantly to market revenue growth during the forecast period.
2. Growing demand for energy-efficient housing systems, further boosting the demand for architectural films and windows with these applications.
Factors Limiting Revenue Growth in the Global Architectural Film Market: Strict government regulations and policies governing the use of Volatile Organic Compounds (VOCs) present in raw materials used in architectural film production are expected to impede the market’s revenue growth.
Opportunities for Market Players in the Global Architectural Film Market:
1. Expansion opportunities in large-scale businesses and the emergence of startups led by new entrepreneurs.
2. Increased infrastructure development in both private and government offices.
3. Rapid advancements in airport infrastructure to enhance attractiveness.
Global Architectural Film Market Revenue Growth by Type Segment: The global architectural film market is categorized into glass fabric, Polyester fabric (PES), ETFE sheeting, and other segments based on the type of material used. The glass fabric segment is poised to experience a rapid revenue growth rate during the forecast period. Glass fabric architectural film consists of PTFE-impregnated glass fabric, offering excellent thermal properties, weather resistance, flame retardancy, translucency, and self-cleaning properties. It is characterized by its long lifespan and low maintenance requirements and finds applications in stadiums, stations, convention centers, and more.
Leading Application Segment in the Global Architectural Film Market: In terms of application, the tensile architecture segment is expected to dominate with the largest revenue share over the forecast period. Tensile structures comprise elements that solely bear tension and lack compression or bending properties. Tensile membrane structures, commonly used as roofs due to their cost-effectiveness and aesthetic appeal, can also serve as complete buildings. Typical applications include sports facilities, warehousing, exhibition halls, and storage structures.
North America as the Leading Region in the Global Architectural Film Market: North America is projected to register the highest revenue CAGR during the forecast period. The United States and Canada lead in terms of revenue share, primarily driven by the widespread use of architectural window films in commercial and residential buildings, as well as various other applications.
Continued Leadership of the Asia Pacific Region in Terms of Revenue CAGR: The Asia Pacific market is expected to witness a rapid growth rate in revenue in the global market throughout the forecast period. Countries like India, Japan, and China are contributing to this growth by increasing their consumption of architectural films, driven by infrastructure development projects in the region.
Major Companies in the Market: Key players in the market include Serge Ferrari (France), Mehler (Germany), Heytex (Germany), Sattler (Austria), Sioen (Belgium), Verseidag (Germany), Saint-Gobain (France), Sika (Switzerland), Atex Membrane (Germany), Veik (China), Guardtex (U.S.), and more.
Strategies and Goals of Major Companies:
1. In April 2022, Avery Dennison introduced Dusted Crystal decorative architectural films with a unique wet-apply quick-release adhesive, allowing for easy adjustment during installation and residue-free removal post-drying. This expansion aims to serve various applications, including schools, corporate meeting rooms, hospitality reception areas, medical offices, and glass partitions.
2. In January 2020, Eastman Chemical Company announced its expansion plans for a new coating and laminating line in Dresden, Germany, to support its branded architectural film protection products with high performance.
Segmentation of the Global Architectural Film Market:
- Type Outlook (Revenue, USD Billion; 2019-2030): Glass Fabric, Polyester Fabric (PES), ETFE Sheeting, Other
- Application/End-use Outlook (Revenue, USD Billion; 2019-2030): Tensile Architecture, Tents, Sun Shading and Sun Screening, Print Applications, Other
- Regional Outlook (Revenue, USD Billion; 2019-2030): North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Sweden, BENELUX, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of APAC), Latin America (Brazil, Rest of LATAM), Middle East & Africa (Saudi Arabia, UAE, South Africa, Israel, Rest of MEA)
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/5654
Thank you for reading global report. We also offer customized research reports as per client requirement. Kindly contact us for to know more about the feature and our team will provide you a well-curated report in the stipulated time.
Explore Trending Reports:
Metering Pumps Market-https://www.globenewswire.com/news-release/2019/10/17/1931345/0/en/Metering-Pumps-Market-To-Reach-USD-7-40-Billion-By-2026-Reports-And-Data.html
Super Abrasives Market-https://www.globenewswire.com/news-release/2020/06/10/2046522/0/en/Super-Abrasives-Market-To-Reach-USD-11-48-Billion-By-2027-Reports-and-Data.html
Forestry Equipment Market-https://www.globenewswire.com/news-release/2020/10/28/2116220/0/en/Forestry-Equipment-Market-To-Reach-USD-13-94-Billion-By-2027-Reports-and-Data.html
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a nconcrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
Browse Latest Blogs: https://www.reportsanddata.com/blogs
Browse Latest Press Release: https://www.reportsanddata.com/press-release