Low Emissivity Film Increases Energy Savings for Commercial & Residential Use; Global Market to Reach US$ 536.6 Million by 2033 | Future Market Insights, Inc.
The recent study by FMI showed that boasting an impressive 84% e-value for solar control films, Low-E films take energy conservation to the next level, the market growth is primarily being driven by the increasing acceptance and implementation of energy-efficient technologies in both buildings and vehicles. Furthermore, the study also says that the Energy-Efficient option significantly lowers your establishment's annual energy bills, while contributing to a more sustainable future.
NEWARK, DEL, July 20, 2023 (GLOBE NEWSWIRE) -- Low Emissivity Film is often referred to as Low E-film. The lower the e-values, the better suited a film is for energy savings. The "e-value" of all solar control films is 84%. On the other hand, Low-E films, which work best for energy efficiency aid to prevent heat gain in the summer, making them essential for year-round savings. Low-emissivity (Low-E) film is a long-term, energy-efficient option that can greatly lower your schools, high-rise office buildings, commercial properties or retail store's annual energy bills.The *L**ow Emissivity F**ilm **Market* is expected to reach *US$ 335.8 **M**illion in 2023*, with further growth anticipated to exceed *US$ 536.6 **M**illion by 2033*, registering a steady *CAGR of 4.8%* throughout the forecast period.
Low Emissivity Film is one of the most cost-effective techniques for decreasing a building's energy usage, with sustainability and energy efficiency at the forefront of residential and commercial property globally. Glazing accounts for 87% of heat input and 49% of heat loss in a building's envelope.
*Seize the potential for business expansion by exploring new growth opportunities in the **Low Emissivity Film** Market@ *https://www.futuremarketinsights.com/reports/sample/rep-gb-17550
Low-E film reduces summer cooling demand by blocking direct solar heat. It insulates to reduce summer and winter energy consumption while also improving occupant comfort. According to U.S. General Services Administration 34% of commercial building HVAC, energy is lost to windows.
*Key Takeaways from the **Low Emissivity Film** Market**:*
· The low-emissivity film industry in the United States is predicted to reach US$ 48.2 million by 2033, increasing at a 3.0% CAGR.
· The low-emissivity film industry in China is estimated to reach a market share of US$ 34.9 million, expanding at a CAGR of 4.1% by 2033.
· With a CAGR of 4.4% from 2022 to 2033, the solar control low E-Film segment is expected to dominate the low emissivity film industry.
· With a CAGR of 3.8% from 2022 to 2033, the automotive glass segment is expected to dominate the low-emissivity film industry.
*Competitive Landscape of Top Companies in the Low Emissivity Film Industry**: *
1. Eastman Performance Films, LLC.
2. Guardian Bastille
3. Madico, Inc.
4. TintFX
5. All American Window Tinting, Inc.
6. Tenco Construction Company
7. 3M
8. Campbell Window Film
9. Epic Solar Control
10. Manchester Window Film Company
11. Epner Technology, Inc.
12. Shandong Senhong Glass Co., Ltd
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*Segmentation Analysis of the Low Emissivity Film Market**:*
By Film Type:
· Passive Low E-Film
· Solar Control Low E-Film
· Spectrally Selective Low E-Film
· Conductive Low E-Film
By Application:
· Windows
· Automotive Glass
· Display PanelsBy End Use:
· Food
· Automotive
· Building & Construction
· Electrical & Electronics
*Installing Low-E Film for Windows Spurring the Market Growth*
Low-E window film, also known as sun control window film, is a thin plastic covering that is put to the interior of a window to increase comfort, privacy, safety, and security. Low-E film also saves energy by filtering up to 99% of UV rays that would otherwise enter the home. Low emissivity films are intended to improve the efficiency of window glass. These films significantly reduce the heat emitted by the sun's energy as it passes through the glass. It also keeps the inside temperature stable by keeping the heat inside the building rather than allowing it to escape through the windows. Low-E technology is used in most new dual-pane windows, although Low-E window film can be used to retrofit existing glass to enhance energy efficiency. Low-E films are used to reduce the amount of infrared light (or heat) that can pass through a window, thus improving its insulating capabilities. Radiant energy loss is the most common cause of heat transfer through all windows.
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The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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