Plastic Coating Window Screen Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI2174
Plastic Coating Window Screen Market size will witness a substantial growth. This can be credited to increasing demand for automotive and building & construction industries. Rapid growth in hotel tourism, and growth in meat processing industry coupled with increase in disposable income will favor the industry growth. Increasing demand for automotive components such as battery tray, filler pipes, and door handles will further support the revenue generation till 2024.
Rising concern regarding carbon emissions will positively impact the industry growth over the forecast timeline. The industry is highly dependent on the construction sector as any fluctuation will adversely affect the plastic coating window screen market share from 2017 to 2024. High price and use of hazardous chemicals may also hamper the industry growth over the forecast timeframe.
Government norms regarding quality control and protection will induce immense potential to the industry size till 2024. The product helps in energy saving, glass strengthening, self-cleaning and is more resistant to heat and wind as compared to conventional windows screen which in turn escalated the industry demand over the next eight years.
Industry is segmented based on screen into fiberglass, aluminum, and steel. Aluminum is anticipated to exhibit substantial revenue share owing to its benefits. An aluminum screen possesses a protective finish of coatings. Additionally, corrosion resistance, air-ventilation, durability, and light weight are other factors that contribute significantly towards the high revenue generation over the coming years.
Plastic coating window market share is segmented based on material into polyurethane, epoxy, nylon. Polyurethane accounted for highest share in 2016 and is expected to continue its dominance owing to its high acceptance from automotive, floors, and metal objects sectors.
Asia Pacific, led by India and China will upsurge the plastic coating window screen market size from 2017 to 2024. The growth can be attributed to increasing construction activities and up gradation of the manufacturing facilities across the region. India is expected to grow exponentially in the construction sector which will promote the plastic coating window screen market over the forecast timeline. High hotel tourism across the region will further support the region’s growth. Rising usage of aluminum window screen in hotels & buildings to prevent insects, birds, and debris from entering the room will strengthen the product penetration.
The key players in this industry includes Andersen, Flexscreen, Phantom, Phifer, Quality Screen, Frost King, Fine Mesh Metals, PPG industries, Bayer AG, Kansai Paint Co. Ltd, and BASF SE, Wacker Chemie AG. These players are well established with their distribution channel and are investing heavily in R&D to enhance their product features. The material suppliers are seeking to partner with the industry players. For instance, in July 2017, Tundra developed a heat resistant fiber reinforced composite that resolves the vinyl siding warping problem from excessive sunlight. The company is seeking to partner with a plastic coating window screen manufacturer.
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