Window Films Market | 2020 Size, Growth, Share, And Industry Trends Forecast To 2027
The global window films market size is expected to reach USD 2.90 billion by 2027, exhibiting a CAGR of 5.71% during the forecast period. The introduction of new windows films with high aesthetics will foster healthy growth of the market, states Fortune Business Insights, in a report The window films market size stood at USD 2.44 billion in 2019.

The occurrence of coronavirus has caused enormous damage to various businesses across the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

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The report on the window film market features:

• Exceptional insights into the market
• All-inclusive facts and figures
• Latest industry development
• Data about the prominent players
• Dominating regions in the market
• COVID-19 Impact

Market Driver:
Emphasis on Energy Efficient Buildings to Stimulate Growth

The growing focus on eco-friendly and energy-efficient buildings will enable speedy expansion of the market. The high demand for energy-efficient constructions is due to increasing global warming and climate change, in turn, augmenting the growth of the market. Furthermore, the utilization of window films reduces energy consumption by 35% while also improving ambient cooling drastically. Films are designed to diminish energy consumption and CO2 emissions of buildings, thus benefiting the environment. Moreover, increasing infrastructure development can spur opportunities for the market in the forthcoming year. Likewise, the stringent government regulations for the construction of green buildings will consequently aid the expansion of the market.

Slashed Car Sales to Badly Affect Market During COVID-19

The massive drop in car production and sales has negatively impacted the global market. The disruption caused by coronavirus on manufacturing plants and factories will dampen the growth of the market. The stringent regulations implemented by governments will further thwart the development of the market. The declined footfall in car showrooms is expected to inhibit the growth of the market amid coronavirus. Additionally, the deteriorating demand for passenger cars in various regions of the world will simultaneously dwindle the market. However, the businesses are expected to recover in the coming months, which, in turn, will aid the retention of the market.

The Report lists the Key Companies in the Window Films Market:

• 3M Company
• Eastman Chemical Company
• American Standard Window Film
• MadicoInc
• Hanita Coatings
• Solar Gard Performance Plastics
• Toray Plastics (America) Inc.
• Armolan Window Film
• Reflectiv
• Jupiter International
• Other

Browse Summary:
https://www.fortunebusinessinsights.com/window-film-market-102081