South America Solar Control Window Films Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market for South America solar control window films is expected to expand at a CAGR of more than 10% during the forecast period. Major factors driving the market studied are growing emphasis on reducing carbon footprint. The growing smart glass market is expected to hinder the growth of the market studied.

• The construction industry dominated the market and is expected to grow during the forecast period.
• Growing concerns regarding UV protection is expected to act as an opportunity in the future.

Key Market Trends

Increasing Demand from Construction Industry

• Solar control window films are majorly used in the construction sector due to their ability to reflect the heat coming from the solar radiation and maintain a comfortable ambiance in terms of the temperature inside the structure or building.
• Due to their transparent nature, these films or tints can be laminated on the glass surfaces present on the buildings. The other function of these films will be to hold the glass pieces together even after the occurrence of some cracks.
• Under the construction sector, solar control window films are mostly used in commercial and residential buildings.
• Moreover, in South America, the construction market is likely to witness the growth during the past years and has increased the solar control window film demand in the region.

Brazil to Dominate the Market of South America Region

• Brazil is one of the world's five biggest auto markets, and a major base of operations for Fiat Chrysler Automobiles NV, Volkswagen AG, General Motors Co, and Ford Motor Co.
• The requirement for solar control films is a mandate for the big players around in the automobile sector.
• Furthermore, the new energy efficiency code for commercial, public and service buildings by the Brazil government has established new rules concerning building envelope, lighting and conditioning systems. This way, Brazil has opened a huge market for solar control films in the construction industry.
• The aforementioned factors are contributing to the increasing demand for solar control window films’ consumption in the region, during the forecast period.

Competitive Landscape

The South America solar control window film market is semi consolidated. The major companies include 3M, Saint-Gobain Performance Plastics Corporation, Eastman Chemical Company, Polytronix Inc, and Purlfrost, amongst others.

Reasons to Purchase this report:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

This product will be delivered within 2 business days.