The global heat insulating films market was valued at $9.8 billion in 2021, and is projected to reach $15.8 billion by 2031, growing at a CAGR of 5% from 2022 to 2031.
Heat insulating film is a material used to reduce heat transfer. It is typically made of plastic and is used to insulate windows, doors, and other areas where heat may escape from a building. The film works by reflecting and blocking heat transfer, reducing the amount of heat that enters or escapes a building and assisting in maintaining a comfortable indoor temperature.
The increase in usage of vehicles has boosted the heat insulating films across automotive industry as these films ensure safety and privacy. Heat insulating films is attached to the window of the automotive, which does not change the appearance of vehicle and makes it more comfortable. Heat insulating film blocks the heat and reflects UV rays, thus allowing comfort inside the automotive cabin. In addition to that, heat insulating films has shatterproof capability that reduces the scattering of shards of glass after a fracture of glass, which not only makes the car interior more comfortable however also provides safety. Heat insulating films is non-metallic film that helps to stay connected with mobile devices, GPS, and satellite radio without any obstacles. Lifespan of automotive interiors mainly depends upon IR rays. Automotive windows allow infrared rays to penetrate in the automotive interior. Heat insulating films tend to block these IR rays, thus extend the life span of automotive interiors. In addition, UV protection and anti-glare capability of heat insulating films have made it an ideal choice in automotive industry.
Key-players in the automotive heat insulating films offer diverse product choice for the consumers. For instance, automotive heat insulating films are available in different colors ranging from visible tint to faded black tint. All these factors augment the demand for heat insulating films in the automotive end use industry. Heat insulating films are cost-effective thermal insulation products available in the market. Crystalline series and multilayer optical film are advanced heat insulating films that are capable of high heat rejection as compared to darker heat insulating films. Some spectrally selective films block up to 99% of UV rays. Heat insulating films are designed to enhance visibility by allowing visible light penetration through windows. In addition, heat insulating films block UV and IR rays that in turn help to maintain cabin temperature. In order to comply with the ongoing trend, key-players in the heat insulating films are offering advanced insulation films to automotive sector. These films are durable and maintenance free, making them ideal over other insulation films available in the market. All these factors are driving the demand of the global market.
However, formation of condensate inside the heat insulating films due the difference in the temperature of the inner side and outer side of the window glass tend to allow growth of mold, thus require proper installation. It is possible that installing a heat insulating films on new window could void the warranty. Mostly, heat insulating films products are made from plastic and while putting them on the glass, the clear transparency of windows is lost. Heat insulating films that is made from metal based material may interfere with the radio, satellite signals, tire pressure signals, cell phone reception, and EZ pass. Some darker heat rejection films impair the night vision from vehicle. All these factors allow the consumers to choose alternatives over heat insulating films, which hampers the market growth.
Endothermic films reduce energy cost ; thus, these films are widely preferred for commercial building heat insulation. In addition, endothermic heat insulating films can be used across both hot and cold climatic conditions. These films are widely preferred during heat insulation of constructed commercial buildings. For instance, National Bank of Arizona in Phoenix installed endothermic heat insulating window films to reduce building heat and retain the old building structure drive the demand of the global market. Several ways of heat conserving technologies are available in the market such as HVAC systems. However, such systems tend to cost more as compared to heat insulating films. Endothermic films are cost-effective products available in the market. All these factors are driving the demand of the global market. Endothermic heat insulating films can reduce the building temperature by 9°F under direct sunlight, thus allowing comfort inside the building. Several governmental organizations have certified the use of endothermic film. For instance, the US Department of Energy, has considered endothermic films as top-tier energy conservation technology.
Endothermic film can reduce the heat by 75% in summer season and approximately saves 19 kWh of energy per square foot of glass. Moreover, these are carbon negative energy conservative products available in the market. Large commercial buildings need to get certified from regulatory bodies to ensure and comply with heat conservation. For instance, endothermic heat insulating films are certified from several auditing bodies such as Energy Plus and LEED credits. Key players in the construction industry are using cost-effective heat insulating endothermic films on commercial buildings to comply with the regulations. All these factors are anticipated to offer new growth opportunities in the global heat insulating film market.
The heat insulating films market analysis is done on the basis of type, end-use industry, and region. By type, the market is segregated into endothermic films and reflective films. By end-use industry, the global market is segmented into commercial buildings, residential buildings, and automotive. By region, the global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The report covers Strategies adopted by key players in the market to sustain the competitive environment and increase their market share. The key players operating in the thermal interface material market include, DuPont, UBE Corporation, Toray Industries Inc., Johnson Window Films Inc., Singleton Group, 3M, Saint Gobain, Bleher Folientechnik GmbH, Cosmos Films Ltd., Avery Dennison Corporation. The global heat insulating film market report provides in-depth competitive analysis as well as profiles of these major players.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the heat insulating films market analysis from 2021 to 2031 to identify the prevailing heat insulating films market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the heat insulating films market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global heat insulating films market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Type
- Endothermic Films
- Reflective Films
By End-Use Industry
- Commercial Building
- Residential Building
- Automotive
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Johnson Window Films, Inc.
- Singleton Group
- DuPont
- UBE Corporation
- Toray Industries, Inc.
- Saint Gobain
- 3M
- Bleher Folientechnik GmbH
- Cosmo Films Ltd
- AVERY DENNISON CORPORATION
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growth in demand for heat insulation films in commercial building
3.4.1.2. Surge in demand for heat insulation films in automotive
3.4.2. Restraints
3.4.2.1. Disadvantages associated with the use of heat insulation films
3.4.3. Opportunities
3.4.3.1. Rise in demand for heat insulating films in automotive
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Regulatory Guidelines
3.10. Value Chain Analysis
CHAPTER 4: HEAT INSULATING FILMS MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Endothermic Films
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Reflective Films
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: HEAT INSULATING FILMS MARKET, BY END-USE INDUSTRY
5.1. Overview
5.1.1. Market size and forecast
5.2. Commercial Building
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Residential Building
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Automotive
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: HEAT INSULATING FILMS MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by End-Use Industry
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by End-Use Industry
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by End-Use Industry
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by End-Use Industry
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by End-Use Industry
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by End-Use Industry
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by End-Use Industry
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by End-Use Industry
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by End-Use Industry
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by End-Use Industry
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by End-Use Industry
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by End-Use Industry
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by End-Use Industry
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by End-Use Industry
6.4.4.3. Japan
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by End-Use Industry
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by End-Use Industry
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by End-Use Industry
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by End-Use Industry
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by End-Use Industry
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by End-Use Industry
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by End-Use Industry
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by End-Use Industry
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by End-Use Industry
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. Cosmo Films Ltd
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.2. 3M
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. DuPont
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.4. Saint Gobain
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.5. UBE Corporation
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. Toray Industries, Inc.
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. AVERY DENNISON CORPORATION
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.8. Johnson Window Films, Inc.
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. Bleher Folientechnik GmbH
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. Singleton Group
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
List of Tables
Table 01. Global Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. Global Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 03. Heat Insulating Films Market for Endothermic Films, by Region, 2021-2031 (Revenue, $Million)
Table 04. Heat Insulating Films Market for Endothermic Films, by Region, 2021-2031 (Volume, Square Meter)
Table 05. Heat Insulating Films Market for Reflective Films, by Region, 2021-2031 (Revenue, $Million)
Table 06. Heat Insulating Films Market for Reflective Films, by Region, 2021-2031 (Volume, Square Meter)
Table 07. Global Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 08. Global Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 09. Heat Insulating Films Market for Commercial Building, by Region, 2021-2031 (Revenue, $Million)
Table 10. Heat Insulating Films Market for Commercial Building, by Region, 2021-2031 (Volume, Square Meter)
Table 11. Heat Insulating Films Market for Residential Building, by Region, 2021-2031 (Revenue, $Million)
Table 12. Heat Insulating Films Market for Residential Building, by Region, 2021-2031 (Volume, Square Meter)
Table 13. Heat Insulating Films Market for Automotive, by Region, 2021-2031 (Revenue, $Million)
Table 14. Heat Insulating Films Market for Automotive, by Region, 2021-2031 (Volume, Square Meter)
Table 15. Heat Insulating Films Market, by Region, 2021-2031 (Revenue, $Million)
Table 16. Heat Insulating Films Market, by Region, 2021-2031 (Volume, Square Meter)
Table 17. North America Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 18. North America Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 19. North America Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 20. North America Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 21. North America Heat Insulating Films Market, by Country, 2021-2031 (Revenue, $Million)
Table 22. North America Heat Insulating Films Market, by Country, 2021-2031 (Volume, Square Meter)
Table 23. U.S. Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 24. U.S. Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 25. U.S. Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 26. U.S. Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 27. Canada Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 28. Canada Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 29. Canada Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 30. Canada Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 31. Mexico Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 32. Mexico Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 33. Mexico Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 34. Mexico Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 35. Europe Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 36. Europe Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 37. Europe Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 38. Europe Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 39. Europe Heat Insulating Films Market, by Country, 2021-2031 (Revenue, $Million)
Table 40. Europe Heat Insulating Films Market, by Country, 2021-2031 (Volume, Square Meter)
Table 41. Germany Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 42. Germany Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 43. Germany Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 44. Germany Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 45. UK Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. UK Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 47. UK Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 48. UK Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 49. France Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 50. France Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 51. France Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 52. France Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 53. Spain Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 54. Spain Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 55. Spain Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 56. Spain Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 57. Italy Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 58. Italy Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 59. Italy Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 60. Italy Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 61. Rest of Europe Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 62. Rest of Europe Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 63. Rest of Europe Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 64. Rest of Europe Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 65. Asia-Pacific Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 66. Asia-Pacific Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 67. Asia-Pacific Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 68. Asia-Pacific Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 69. Asia-Pacific Heat Insulating Films Market, by Country, 2021-2031 (Revenue, $Million)
Table 70. Asia-Pacific Heat Insulating Films Market, by Country, 2021-2031 (Volume, Square Meter)
Table 71. China Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 72. China Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 73. China Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 74. China Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 75. India Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 76. India Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 77. India Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 78. India Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 79. Japan Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 80. Japan Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 81. Japan Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 82. Japan Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 83. South Korea Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 84. South Korea Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 85. South Korea Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 86. South Korea Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 87. Australia Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 88. Australia Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 89. Australia Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 90. Australia Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 91. Rest of Asia-Pacific Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 92. Rest of Asia-Pacific Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 93. Rest of Asia-Pacific Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 94. Rest of Asia-Pacific Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 95. LAMEA Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 96. LAMEA Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 97. LAMEA Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 98. LAMEA Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 99. LAMEA Heat Insulating Films Market, by Country, 2021-2031 (Revenue, $Million)
Table 100. LAMEA Heat Insulating Films Market, by Country, 2021-2031 (Volume, Square Meter)
Table 101. Brazil Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 102. Brazil Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 103. Brazil Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 104. Brazil Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 105. Saudi Arabia Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 106. Saudi Arabia Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 107. Saudi Arabia Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 108. Saudi Arabia Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 109. South Africa Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 110. South Africa Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 111. South Africa Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 112. South Africa Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 113. Rest of LAMEA Heat Insulating Films Market, by Type, 2021-2031 (Revenue, $Million)
Table 114. Rest of LAMEA Heat Insulating Films Market, by Type, 2021-2031 (Volume, Square Meter)
Table 115. Rest of LAMEA Heat Insulating Films Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 116. Rest of LAMEA Heat Insulating Films Market, by End-use Industry, 2021-2031 (Volume, Square Meter)
Table 117. Cosmo Films Ltd.: Key Executives
Table 118. Cosmo Films Ltd.: Company Snapshot
Table 119. Cosmo Films Ltd.: Product Segments
Table 120. Cosmo Films Ltd.: Product Portfolio
Table 121. 3M: Key Executives
Table 122. 3M: Company Snapshot
Table 123. 3M: Product Segments
Table 124. 3M: Product Portfolio
Table 125. Dupont: Key Executives
Table 126. Dupont: Company Snapshot
Table 127. Dupont: Product Segments
Table 128. Dupont: Product Portfolio
Table 129. Saint Gobain: Key Executives
Table 130. Saint Gobain: Company Snapshot
Table 131. Saint Gobain: Service Segments
Table 132. Saint Gobain: Product Portfolio
Table 133. Ube Corporation: Key Executives
Table 134. Ube Corporation: Company Snapshot
Table 135. Ube Corporation: Product Segments
Table 136. Ube Corporation: Product Portfolio
Table 137. Ube Corporation: Key Strategies
Table 138. Toray Industries, Inc.: Key Executives
Table 139. Toray Industries, Inc.: Company Snapshot
Table 140. Toray Industries, Inc.: Service Segments
Table 141. Toray Industries, Inc.: Product Portfolio
Table 142. Toray Industries, Inc.: Key Strategies
Table 143. Avery Dennison Corporation: Key Executives
Table 144. Avery Dennison Corporation: Company Snapshot
Table 145. Avery Dennison Corporation: Product Segments
Table 146. Avery Dennison Corporation: Product Portfolio
Table 147. Johnson Window Films, Inc.: Key Executives
Table 148. Johnson Window Films, Inc.: Company Snapshot
Table 149. Johnson Window Films, Inc.: Product Segments
Table 150. Johnson Window Films, Inc.: Product Portfolio
Table 151. Bleher Folientechnik GmbH: Key Executives
Table 152. Bleher Folientechnik GmbH: Company Snapshot
Table 153. Bleher Folientechnik GmbH: Product Segments
Table 154. Bleher Folientechnik GmbH: Product Portfolio
Table 155. Singleton Group: Key Executives
Table 156. Singleton Group: Company Snapshot
Table 157. Singleton Group: Product Segments
Table 158. Singleton Group: Product Portfolio
List of Figures
Figure 01. Heat Insulating Films Market, 2021-2031
Figure 02. Segmentation of Heat Insulating Films Market, 2021-2031
Figure 03. Top Investment Pockets in Heat Insulating Films Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. Moderate Bargaining Power of Buyers
Figure 06. Low Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalheat Insulating Films Market
Figure 10. Impact of Key Regulation: Heat Insulating Films Market
Figure 11. Patent Analysis by Company
Figure 12. Patent Analysis by Country
Figure 13. Pricing Analysis: Heat Insulating Films Market 2021 and 2031
Figure 14. Regulatory Guidelines: Heat Insulating Films Market
Figure 15. Value Chain Analysis: Heat Insulating Films Market
Figure 16. Heat Insulating Films Market, by Type, 2021(%)
Figure 17. Comparative Share Analysis of Heat Insulating Films Market for Endothermic Films, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Heat Insulating Films Market for Reflective Films, by Country 2021-2031(%)
Figure 19. Heat Insulating Films Market, by End-use Industry, 2021(%)
Figure 20. Comparative Share Analysis of Heat Insulating Films Market for Commercial Building, by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Heat Insulating Films Market for Residential Building, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Heat Insulating Films Market for Automotive, by Country 2021-2031(%)
Figure 23. Heat Insulating Films Market by Region, 2021
Figure 24. U.S. Heat Insulating Films Market, 2021-2031 ($Million)
Figure 25. Canada Heat Insulating Films Market, 2021-2031 ($Million)
Figure 26. Mexico Heat Insulating Films Market, 2021-2031 ($Million)
Figure 27. Germany Heat Insulating Films Market, 2021-2031 ($Million)
Figure 28. UK Heat Insulating Films Market, 2021-2031 ($Million)
Figure 29. France Heat Insulating Films Market, 2021-2031 ($Million)
Figure 30. Spain Heat Insulating Films Market, 2021-2031 ($Million)
Figure 31. Italy Heat Insulating Films Market, 2021-2031 ($Million)
Figure 32. Rest of Europe Heat Insulating Films Market, 2021-2031 ($Million)
Figure 33. China Heat Insulating Films Market, 2021-2031 ($Million)
Figure 34. India Heat Insulating Films Market, 2021-2031 ($Million)
Figure 35. Japan Heat Insulating Films Market, 2021-2031 ($Million)
Figure 36. South Korea Heat Insulating Films Market, 2021-2031 ($Million)
Figure 37. Australia Heat Insulating Films Market, 2021-2031 ($Million)
Figure 38. Rest of Asia-Pacific Heat Insulating Films Market, 2021-2031 ($Million)
Figure 39. Brazil Heat Insulating Films Market, 2021-2031 ($Million)
Figure 40. Saudi Arabia Heat Insulating Films Market, 2021-2031 ($Million)
Figure 41. South Africa Heat Insulating Films Market, 2021-2031 ($Million)
Figure 42. Rest of LAMEA Heat Insulating Films Market, 2021-2031 ($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap: Heat Insulating Films Market
Figure 49. Top Player Positioning, 2021
Figure 50. Cosmo Films Ltd.: Net Revenue, 2020-2022 ($Million)
Figure 51. Cosmo Films Ltd.: Revenue Share by Segment, 2022 (%)
Figure 52. Cosmo Films Ltd.: Revenue Share by Region, 2022 (%)
Figure 53. 3M: Net Sales, 2019-2021 ($Million)
Figure 54. 3M: Revenue Share by Segment, 2021 (%)
Figure 55. 3M: Revenue Share by Region, 2021 (%)
Figure 56. Dupont: Net Revenue, 2019-2021 ($Million)
Figure 57. Dupont: Revenue Share by Region, 2021 (%)
Figure 58. Dupont: Revenue Share by Segment, 2021 (%)
Figure 59. Saint Gobain: Net Revenue, 2019-2021 ($Million)
Figure 60. Saint Gobain: Revenue Share by Segment, 2021 (%)
Figure 61. Ube Corporation: Net Revenue, 2020-2022 ($Million)
Figure 62. Ube Corporation: Revenue Share by Segment, 2022 (%)
Figure 63. Ube Corporation: Revenue Share by Region, 2022 (%)
Figure 64. Toray Industries, Inc.: Net Sales, 2019-2021 ($Million)
Figure 65. Toray Industries, Inc.: Research & Development Expenditure, 2019-2021 ($Million)
Figure 66. Toray Industries, Inc.: Revenue Share by Segment, 2022 (%)
Figure 67. Toray Industries, Inc.: Revenue Share by Region, 2022 (%)
Figure 68. Avery Dennison Corporation: Net Sales, 2019-2021 ($Million)
Figure 69. Avery Dennison Corporation: Revenue Share by Segment, 2021 (%)
Figure 70. Avery Dennison Corporation: Revenue Share by Region, 2021 (%)
Executive Summary
According to the report titled, 'Heat Insulating Films Market,' the heat insulating films market was valued at $9.8 billion in 2021, and is estimated to reach $15.8 billion by 2031, growing at a CAGR of 5% from 2022 to 2031.Heat insulating films are typically made up of plastic and is used to insulate windows, doors, and other areas where heat may escape from a building. The film works by reflecting and blocking heat transfer, reducing the amount of heat that enters or escapes a building and assisting in maintaining a comfortable indoor temperature. Endothermic films and reflective films are the type of heat insulating films available in market.
Heat insulating films have become more popular in recent years as users become more aware of the importance of energy efficiency and indoor comfort. The growth in construction sector, particularly in the residential sector, is increasing the demand for heat insulating films. Heat insulating films can help reduce energy consumption by insulating the interior from heat, and the automotive industry is increasingly focused on developing energy-efficient vehicles. To maintain battery performance and extend battery life, electric vehicles require effective insulation. Governments across the world are enforcing strict building codes and regulations to encourage the use of energy-efficient insulation systems.
Increased construction activity, especially in the residential sector. All these factors are expected to offer new growth opportunities in the global thermal interface material market. Rise in disposable income in developed European countries has increased the demand for heat insulating films in automotive and commercial & residential building. Endothermic films maintain the temperature by absorbing the energy with the help of the phase change material (PCM). During the phase change process, PCM can absorb and release large amounts of energy while maintaining a nearly constant temperature. As a result, the latent heat absorption phenomenon associated with PCM can be used effectively to delay heat transfer or tailor temperature response in thermal insulation materials. Endothermic heat insulating films offers high heat rejection during summer. All these factors are expected to boost demand for heat insulating films
However, heat insulating films are installed in such a way that there is no gap for passing the air and no place for moisture to go through the window. This results in the formation of condensation due the difference in the temperature of the inner side and outer side of the window glass. This condensed water can damage the joining and chances of growth of mold. In the maintenance of window, such as in the process of cleaning and removing the condensation, there are chances of formation of scratches on window. It is possible that installing a heat insulating films on new window could void the warranty. Mostly, heat insulating films products are made from plastic and while putting them on the glass, the clear transparency of windows is lost. This factor is expected to hamper the market growth.
Heat insulating films are gaining importance in commercial buildings and automotive industry owing to its high heat insulation capability and low cost. Heat insulating films are used to insulate the existing glass of window, which improve cooling efficiency in summer and heating efficiency in winter. In addition, it blocks the UV rays, reduces glare, improves visibility, and its quick installation altogether make it viable for use in buildings and automotive. Window retrofitting activities and emphasis on energy efficient buildings promote the heat insulating films market. Heat insulating films are used to increase the efficiency of HVAC system and reduce CO2 emission. All these factors are driving the demand of heat insulating films. Apart from the insulation, there are also other benefits of heat insulating films, which have value added role. Heat insulating films minimizes the use of HVAC units and the maintenance cost of HVAC systems. Infrared rays penetrate into automotive cabin through the windows. Heat insulating films tend to block these IR rays, thus extending the life span of the interiors of automotive cabin. All these factors are expected to offer new growth opportunities.
The heat insulating films market analysis is done on the basis of type, end-use industry, and region. By type, the market is segregated into endothermic films and reflective films. By end-use industry, the global market is segmented into commercial buildings, residential buildings, and automotive. By region, the global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include DuPont, UBE Corporation, Toray Industries Inc., Johnson Window Films Inc., Singleton Group, 3M, Saint Gobain, Bleher Folientechnik GmbH, Cosmos Films Ltd., Avery Dennison Corporation. The global heat insulating films market report provides in-depth competitive analysis as well as profiles of these major players.
Key Market Insights:
By film type, the reflective film segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.1% from 2022 to 2031.By end-use industry, the commercial building end-use industry is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.3% from 2022 to 2031.
By region, Asia-Pacific garnered the highest share of 44% in 2021, in terms of revenue, growing at a CAGR of 5.5%.
Companies Mentioned
- Johnson Window Films, Inc.
- Singleton Group
- DuPont
- UBE Corporation
- Toray Industries, Inc.
- Saint Gobain
- 3M
- Bleher Folientechnik GmbH
- Cosmo Films Ltd
- AVERY DENNISON CORPORATION
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 457 |
| Published | January 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 9.8 billion |
| Forecasted Market Value ( USD | $ 15.8 billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
