Construction Film Market anylsis Strategy, Revenue, Opportunity, Business Segment Overview and Key Trends 2020-2027

Construction Film Market Overview

Being a general-purpose polymer film, construction film is widely used in construction projects due to its superior properties that include ultraviolet protection and water & gas barriers. These films are used in multiple industries such as agriculture and construction. Market Research Future (MRFR) has published and released a research report about the  Construction Film Market that estimates the rise of the market during the forecast period between 2020 and 2027.

The primary factor enhancing the global construction film market growth include increasing the use of building systems due to rising demand for high-quality energy-efficient homes. Other factors include the speed & efficiency of the modular building system and the growing use of construction films during the curing process of concrete. This is because construction films can maintain hydration and inhibit moisture loss. However, the market growth can face hurdles because regulatory associations such as the European Union (EU) have set limitations on the use of construction film as it is not eco-friendly.

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The global construction film market has been segmented on the basis of application, type, and lastly, region. Based on application, this market has been segmented into agriculture, building system, concrete slabs, vapor retarder, and others. By types, the market has been segmented into high-density polyethylene (HDPE), Low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polypropylene (PP), polyethylene terephthalate (PET), polyamide, polyvinyl butyral (PVB), and polyvinyl chloride (PVC).

The regional segmentation of the global construction film market segments the market into continent-based regional markets namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa (MEA). Asia Pacific region holds the lion’s share in the global market because infrastructural activities and urbanization are increasing in the developing countries, especially in India. In China and India, the market is growing due to the growing construction industry, improving living standards, product demand from the eco-friendly building projects for energy-efficient & premium quality housing and rising per capita disposable income. Other major country-specific markets in this region are Australia, Japan, and New Zealand, followed by the rest of Asia Pacific. In Latin America, the market may not be as big as North America, but it is stable. The primary country-specific markets in this region are Argentina, Brazil, and Mexico, followed by the rest of Latin America.

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The European region is witnessing a staggering growth rate due to increasing demand for prefabricated and modular homes. The demand for cost-effective and eco-friendly construction of both residential as well as non-residential buildings is aiding the market growth in Europe. The crucial country-specific markets in this region are France, Germany, Italy, Spain, Poland, Russia, and the United Kingdom (UK).

In the MEA region, the demand for a bio-based PET is majorly driven by the growing construction projects in the countries of Middle East. The most significant country-specific markets in this region are Bahrain, Israel, Kuwait, North Africa, Oman, Qatar, Saudi Arabia, Turkey, and United Arab Emirates (UAE), followed by the rest of MEA region.

Key Players

The key players in the global construction film market include Berry Global Inc. (USA), DowDuPont (USA), DuPont Teijin Films (USA), Eastman Chemical Company (USA), Mitsubishi Chemical Holdings Corporation (Japan), Raven (USA), RKW SE (Germany), Saint-Gobain (France), SKC (USA), and TORAY INDUSTRIES INC. (Japan).

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Latest Industry News

• Sukano, a leader in the development & production of additive, color masterbatches, and compounds for polyester as well as specialty resins has collaborated with Eurotech Extrusion Machinery, NatureWorks and Nippon Gohsei. This collaboration aims to develop and process a multilayer transparent bio-based barrier film. 21 JUNE 2018
• Mitsubishi Chemical Corporation has planned to construct its subsidiary Ryoka Performance Polymers (Chengdu) Co., Ltd. for production of performance polymers in Chengdu, Sichuan Province, China. 14 SEP 2018

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