Construction films are thin continuous polymeric material and are used in applications such as vapor barriers, UV resistance, acoustic properties, antiglare, durability, and high strength. Variou films types used in the construction industry include LLDPE, LDPE, HDPE, PET.BOPET, PP/BOPP, PVB, PVC, polyamide, and others. The global construction films industry is expected to be driven by civil engineering industry during the forecast period. 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%.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221903376
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.
During the forecast period, the LDPE & LLDPE segment is projected to experience the most rapid growth within the construction films market in terms of both value and volume. This surge is attributed to the widespread application of LLDPE & LDPE films in construction, owing to their exceptional properties such as high tensile strength, resistance to moisture and chemicals, UV protection, and flexibility. These films are in high demand across residential and commercial sectors, particularly for applications such as cladding, roofing, doors and windows, furniture, and other uses.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=221903376
The Asia-Pacific (APAC) region emerged as the largest market for construction films both in terms of value and volume. This growth can be primarily attributed to several factors including the expansion of industrial activities, the presence of established manufacturers, and technological advancements in the construction sector within the region.
Read Our Trending Press Release Below:
Water Storage Systems Companies
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/construction-films-market-221903376.html