Construction Film Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

 

Overview and Scope
Construction films are made of polymers and are commonly used for protecting and storing materials during indoor construction and renovation. The construction films are used in applications that require antiglare, UV resistance, vapour barriers, durability, acoustic properties, and high strength.

Sizing and Forecast
The construction film market size has grown steadily in recent years. It will grow from $17.13 billion in 2023 to $17.86 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%.  The  growth in the historic period can be attributed to construction and infrastructure projects, building renovations and repairs, growing need for green building and sustainability, increasing regulatory compliance, and urbanization and population growth
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The construction film market size is expected to see steady growth in the next few years. It will grow to $21.5 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%.  The growth in the forecast period can be attributed to increasing digital construction workflows, circular economy practices, construction safety standards, emerging market growth, and growing adaptation to changing climate conditions. Major trends in the forecast period include weather-resistant films, adoption of energy-efficient films, use of construction films with anti-microbial properties, customized film solutions, and smart construction films.

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Segmentation & Regional Insights
The construction film market covered in this report is segmented –

1) By Type : LDPE And LLDPE, HDPE, PP, PVC, PVB, PET/BOPET, PA/BOPA
2) By Application: Protection And Barrier, Decorative
3) By End User Industry: Residential, Commercial, Industrial

Asia-Pacific was the largest region in the construction films market in 2023. The regions covered in the construction film market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
The growing popularity of green buildings is expected to drive the growth of the construction film market going forward. Green buildings are buildings designed to lower operating costs, assist in natural resource conservation, provide better energy efficiency, and improve productivity. Green building construction has increased the usage of construction films in green building projects due to their high durability and low production costs. For instance, according to the World Green Building Trends, 47% of industry respondents would make the majority of their projects green by 2021. Therefore, the growing popularity of green buildings is driving the construction film market growth.

Key Industry Players
Major companies operating in the construction film market include  Raven Engineered Films, Saint-Gobain Performance Plastics Corp., Berry Global Inc., Toray Industries Inc., Eastman Chemical Company, The RKW Group, Mitsubishi Chemical Corporation, Dupont Teijin Films, Scientific Kit Corporation, Siliconature Spa, Mondi plc, Dow Inc., 3M Company, Intertape Polymer Group Inc., Jindal Poly Films Limited, Polifilm GmbH, Polyplex Corporation Limited, Uflex Limited, Garware Polyester Limited, Cosmo Films Limited, Flex Films (USA) Inc., Innovia Films, Taghleef Industries LLC, Treofan Germany GmbH & Co. KG, Bemis Company Inc., Sealed Air Corporation, Coveris Holdings S.A., Amcor plc, Huhtamaki Oyj, Constantia Flexibles Group GmbH, Novolex Holdings Inc., Sigma Plastics Group, AEP Industries Inc., Poly-America L.P., Atlantis Plastics Inc.

The construction film market report table of contents includes:


1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis



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