Market Overview:
The Global Solar Heat-ray Shielding Paint Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for solar heat-ray shielding paints in automobiles and buildings. In addition, the growing awareness about the benefits of using solar heat-ray shielding paints is also contributing to the market growth. Some of the major factors that are restraining the market growth are high cost and lack of awareness about these paints in certain regions. The global solar heat-ray shielding paint market can be segmented on the basis of type, application, and region. On basis of type, it can be divided into house paint and automobile paint. House paint is further subsegmented into interior wall coatings and exterior wall coatings while automobile paint is subsegmented into automotive window glass, window glass films, automotive lighting, roof cooling etc. On basis of application, it can be classified into automotive window glass, window glass films,,automotive lighting,,roof cooling etc., Among all applications; Automotive Window Glass helds largest share in terms of revenue followed by Window Glass Films in 2017 .Geographically ,the global Solar Heat Ray Shielding Paint Market has been segmented into North America , Latin America , Europe Asia Pacific & Middle East & Africa .
Product Definition:
Solar Heat-ray Shielding Paint is a type of paint that helps protect objects from the sun's heat. It is important because it can help keep things cooler, which can save energy and money.
House paint:
House paint is a two-component system made up of pigments and binders. The binders hold the pigment particles together in solid form, while the water or other solvent-based medium serves as a carrier for these particles to penetrate into the wood or another substrate.
The global house paint market size was valued at USD 27 billion in 2016 and is expected to grow at an estimated CAGR of XX% from 2017 to 2025.
Automobile paint:
Automobile paint is a protective coating applied on the vehicle body to protect it from scratches, dents and rust. The primary function of automobile paint is to increase the shelf life of the vehicle; however, it also has an important role in protecting vehicles against UV rays which act as a catalyst for car aging. Automotive paints are available in various types including acrylics, polyurethanes and epoxy resins among others depending upon their functions and applications.
Application Insights:
Automotive window glass was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The product has numerous applications in automotive industry including vehicle exterior, interior, and sunroofs. Solar heat-ray shielding paints are used on all surfaces that come into direct contact with the sun's rays such as windows, car roofs, car interiors etc.
Window films are also expected to witness significant growth over the forecast period owing to rising awareness regarding UV protection for buildings coupled with rising concerns regarding high energy visible light (HEVL) exposure for employees working inside buildings during summer months when HEVL penetration increases up to 38%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The region accounted for a share of more than 30% in 2017 and is anticipated to witness significant growth over the next eight years. This growth can be attributed to rising disposable income, increasing population, and rapid urbanization in emerging economies such as China and India.
The demand for solar heat-ray shielding paint in Europe was valued at USD X million in 2017 owing to growing adoption by residential consumers due its aesthetic appeal coupled with energy efficiency benefits offered by these products. In addition, stringent government regulations pertaining energy consumption are projected to fuel market growth during the forecast period.
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of its benefits. This is expected to drive the growth of the solar heat-ray shielding paint market in the coming years.
- Rising concerns over climate change: The effects of climate change are becoming more evident, and this is driving governments and businesses to adopt renewable sources of energy such as solar power. This will create opportunities for the growth of the solar heat-ray shielding paint market in the coming years.
- Technological advancements: The development of new technologies that can improve performance and reduce costs is likely to boost the growth prospects of this market in future years.
- Growing investments in renewable energy: Renewable energy investments are increasing globally, owing to their environmental benefits as well as cost savings potentials over traditional fuels such as coal and oil .This will provide a major impetus tothe adoptionofsolarheat-rayshieldingpaintin various applications across different regions worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Heat-ray Shielding Paint Market Research Report
By Type
House paint, Automobile paint
By Application
Automotive window glass, Window glass films, Automobile lighting, Roof cooling
By Companies
Mitsubishi Materials, Ramakrishna Electro Components, ECKART, Rawlins Paints, Kanematsu, ASTEC Paints, Solacoat, BASF, Starshield, Guangzhou Hongyu Fangshui, FUMIN Coating
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Solar Heat-ray Shielding Paint Market Report Segments:
The global Solar Heat-ray Shielding Paint market is segmented on the basis of:
Types
House paint, Automobile paint
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive window glass, Window glass films, Automobile lighting, Roof cooling
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Materials
- Ramakrishna Electro Components
- ECKART
- Rawlins Paints
- Kanematsu
- ASTEC Paints
- Solacoat
- BASF
- Starshield
- Guangzhou Hongyu Fangshui
- FUMIN Coating
Highlights of The Solar Heat-ray Shielding Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- House paint
- Automobile paint
- By Application:
- Automotive window glass
- Window glass films
- Automobile lighting
- Roof cooling
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar Heat-ray Shielding Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solar heat-ray shielding paint is a type of paint that blocks the sun's heat from reaching a surface. It is often used on roofs and other areas that are exposed to the sun's rays.
Some of the major players in the solar heat-ray shielding paint market are Mitsubishi Materials, Ramakrishna Electro Components, ECKART, Rawlins Paints, Kanematsu, ASTEC Paints, Solacoat, BASF, Starshield, Guangzhou Hongyu Fangshui, FUMIN Coating.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Heat-ray Shielding Paint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solar Heat-ray Shielding Paint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Heat-ray Shielding Paint Market - Supply Chain
4.5. Global Solar Heat-ray Shielding Paint Market Forecast
4.5.1. Solar Heat-ray Shielding Paint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Heat-ray Shielding Paint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Heat-ray Shielding Paint Market Absolute $ Opportunity
5. Global Solar Heat-ray Shielding Paint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Type
5.3.1. House paint
5.3.2. Automobile paint
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Heat-ray Shielding Paint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Application
6.3.1. Automotive window glass
6.3.2. Window glass films
6.3.3. Automobile lighting
6.3.4. Roof cooling
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Heat-ray Shielding Paint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solar Heat-ray Shielding Paint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solar Heat-ray Shielding Paint Demand Share Forecast, 2019-2029
9. North America Solar Heat-ray Shielding Paint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Application
9.4.1. Automotive window glass
9.4.2. Window glass films
9.4.3. Automobile lighting
9.4.4. Roof cooling
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Type
9.7.1. House paint
9.7.2. Automobile paint
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solar Heat-ray Shielding Paint Demand Share Forecast, 2019-2029
10. Latin America Solar Heat-ray Shielding Paint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Application
10.4.1. Automotive window glass
10.4.2. Window glass films
10.4.3. Automobile lighting
10.4.4. Roof cooling
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Type
10.7.1. House paint
10.7.2. Automobile paint
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solar Heat-ray Shielding Paint Demand Share Forecast, 2019-2029
11. Europe Solar Heat-ray Shielding Paint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Application
11.4.1. Automotive window glass
11.4.2. Window glass films
11.4.3. Automobile lighting
11.4.4. Roof cooling
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Type
11.7.1. House paint
11.7.2. utomobile paint
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solar Heat-ray Shielding Paint Demand Share, 2019-2029
12. Asia Pacific Solar Heat-ray Shielding Paint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Application
12.4.1. Automotive window glass
12.4.2. Window glass films
12.4.3. Automobile lighting
12.4.4. Roof cooling
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Type
12.7.1. House paint
12.7.2. Automobile paint
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solar Heat-ray Shielding Paint Demand Share, 2019-2029
13. Middle East & Africa Solar Heat-ray Shielding Paint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Application
13.4.1. Automotive window glass
13.4.2. Window glass films
13.4.3. Automobile lighting
13.4.4. Roof cooling
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Heat-ray Shielding Paint Market Size and Volume Forecast by Type
13.7.1. House paint
13.7.2. Automobile paint
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solar Heat-ray Shielding Paint Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Solar Heat-ray Shielding Paint Market: Market Share Analysis
14.2. Solar Heat-ray Shielding Paint Distributors and Customers
14.3. Solar Heat-ray Shielding Paint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ramakrishna Electro Components
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ECKART
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rawlins Paints
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kanematsu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ASTEC Paints
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Solacoat
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BASF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Starshield
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Guangzhou Hongyu Fangshui
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FUMIN Coating
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
