Window Films Market is Projected to Hit US$ 22 Billion at a 6% CAGR by 2032
The window films market in the United States witnessed substantial expansion, constituting a noteworthy 22% share of the regional revenue in 2022. Notably, key manufacturers are directing fresh investments into the country, signaling a rebound in both residential and non-residential construction activities. This resurgence is attributed to capital expenditure reductions in the oil and gas sector and the fiscal stimulus plan implemented by the Liberal government to stimulate new non-residential construction projects. Additionally, with the Federal Reserve's anticipated rate hikes, the ascent in long-term interest rates is foreseen to proceed gradually.
The worldwide window films market (ウィンドウフィルム市場) achieved a valuation of approximately US$ 11.5 billion in 2021, with projections indicating a robust growth at a Compound Annual Growth Rate (CAGR) of 6%. Anticipated to surpass US$ 22 billion by 2032, this upward trajectory is notably driven by the soaring demand for the sun-type segment, expected to witness a steady increase at a CAGR of 5.5% throughout the assessment period from 2022 to 2032.
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