Window Film Market is Expected to Propel Due to the Growing Need for Energy-Efficient Buildings
April 4, 2019: The global window film market size is anticipated to reach USD 13.8 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.9% over the forecast period. Rising demand for the product across various end-use industries such as automotive, residential, commercial, and marine is anticipated to drive the industry. Due to rising awareness regarding energy-efficient vehicles, the automotive manufacturers across the globe are improvising their technologies and finding sustainable alternatives to reduce fuel consumption in vehicles, thereby reducing emissions. This, in turn, is estimated to increase demand for the product in the automotive industry. Growing need for energy-efficient buildings, both residential as well as commercial spaces, is expected to propel the demand for sun control films over the forecast period on account of their ability to reduce excess sunlight penetration inside the room. Aerospace i...