Growing Demand for Energy-Efficient Buildings to Drive Market Growth
The rising importance of energy consumption is a vital factor that is expected to drive market growth during the forecast period. The demand for energy-efficient buildings is increasing owing to the limited resource availability and extensive environmental effects, including climatic changes and global warming. Buildings consume a significant amount of energy that adds extra CO2 to the atmosphere. A study conducted by the University of West London in the U.K. has revealed that buildings emitting CO2 emissions account for at least 43% of the total emissions, and of which window facade systems account for 60% of the building energy losses. Further, the study suggests that the usage of solar control films decreases cooling energy consumption by 35% annually and a 2% increase in the cost of annual heating energy.
Source - https://www.fortunebusinessinsights.com/window-film-market-102081