Construction Films Market worth $12.9 billion by 2026

The global Construction film market size is projected to grow from USD 9.9 billion in 2020 to USD 12.9 billion by 2026, at a CAGR of 4.0%. Increasing demand from developing countries (like India and China) and capacity expansion by major Construction film manufacturers is expected to drive the growth of the market between 2021 and 2026. However, factory shutdowns, interrupted supply chains, and reduced demand from end-use industries has negatively affected the Construction film market.

Construction films are used in applications that require vapor barriers, UV resistance, acoustic properties, antiglare, durability, and high strength. Plastic films used in construction are manufactured using different types of polymers.

Browse 276 market data Tables and 44 Figures spread through 235 Pages and in-depth TOC on "Construction Films Market by Type (LDPE &LLDPE, HDPE, PP, PVC, PVB, PET/BOPET, PA/BOPA, PVC, PVB), Application (Protective & Barrier, Decorative), End-Use Industry (Residential, Commercial, Industrial, Civil Engineering) & Region - Global Forecast to 2026"

LLDPE & LDPE films are the fastest-growing segment in the construction films market in terms of both value and volume.

The LDPE & LLDPE segment is expected to be the fastest-growing application in the overall construction films market during the forecast period in terms of value and volume. LLDPE & LDPE films are widely used in the construction industry due to superior properties such as tensile strength, resistance to moisture, chemicals, and protection from UV rays and flexibility. These films are in high demand from residential and commercial end-use segments in cladding, roofing, doors and windows, furniture, and others.

Films for Protective & Barrier use dominated the construction film market in terms of both value and volume.

The protective & barriers segment is expected to be the fastest-growing application in the overall construction films market during the forecast period in terms of value and volume. The high demand for construction films as vapor barriers, gas barriers, building enclosures, window films, UV protection, floor underlay, basement capping, etc., is driving the construction films market in protective & barrier applications.

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Civil Engineering Industry is the largest end-use industry of Construction film in terms of both value and volume.

Civil engineering is expected to be the fastest growing segment during the forecasted period in terms of value and volume. This growth is backed by increasing and rapid construction of roads and highways and developing infrastructure. The governments across the globe are focusing on increasing investments for the road connectivity. For instance, in India, the total investment in the roads and highway sector has increased by more than three times in the last six year.

Companies operating in the construction films market have strengthened their position by adopting expansions and new product/technology launches from 2013-2020. Expansions, joint ventures, acquisitions, and new product launches were among the key growth strategies adopted by the market players between January 2015 and November 2020. Saint-Gobain (France), Berry Global Group Inc. (US), Eastman Chemical Company (Switzerland), Raven (US), RKW SE (Germany), Polyplex Corporation (Thailand), Climax Synthetic Pvt. Ltd. (India), Tech Folien (UK), Dupont De Numors (US), Qingdao Kf Plastics Co., Ltd. (China), and Polifilm Extrusion GmbH (Germany) are some of the key players in the construction films market.

Berry Global acquired AEP Industries in 2017. This acquisition has provided Berry Plastics with the opportunity to enhance its product offerings as well as capacity expansion of its engineered materials segment that caters to the construction industry.

SKC introduced new window films in May 2020 that are easy to install and to work on. These window films act as barrier to solar heat and UV rays. SKC also had enetered into agreement with Sichuan Vinylon Works to foray in the PVB film market. The joint venture company will produce resin for PVB films. The manufacturing operations for PVB films is undertaken at SKCs Nantong film plant.

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