Construction Films Market Advancements Highlighted by Industry Outlook and Competitive Landscape Analysis
Allied Market Research recently published a report titled, "Construction Films Market by Type (LDPE and LLDPE, HDPE, Polypropylene (PP)/BOPP, PET/BOPET, Polyamide/BOPA, PVB, PVC, and Others), Application (Gas & Moisture Barrier, Vapor Barrier, Curing Blanket, and Others), and End Use (Residential, Commercial, Industrial, and Others): Global Opportunity Analysis and Industry Forecast 2021-2030." According to the report, the global construction films industry, which generated $8.0 billion in 2020, is projected to reach $14.6 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030.ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/A07820
Key Growth Factors
The growth of the construction films market is fueled by the expanding construction sector in developing regions, an increase in global construction activities, and rising government-funded infrastructure projects. Despite the industry's strong potential, market growth is tempered by concerns regarding non-biodegradable plastics. Nonetheless, emerging demand from the automotive sector presents new growth avenues.
Segment Insights
Application: The gas & moisture barrier segment dominated in 2020, capturing over one-fourth of the market share. It is expected to sustain this leadership and achieve a CAGR of 6.3% from 2021 to 2030.
End Use: The residential sector led the market in 2020, holding more than one-third of the total share, driven by a surge in residential construction due to population growth. This segment is projected to grow at the highest CAGR of 7.4% during the forecast period.
Regional Outlook
The Asia-Pacific region, followed by North America, held the largest market share in 2020, accounting for nearly 40% of the global construction films market revenue. The region is projected to experience the fastest CAGR of 7.2% through 2030, spurred by rapid infrastructure development and urbanization in emerging economies.
Leading Market Players
Key players in the construction films market include:
- Berry Global
- Eastman Chemical Company
- E.I. du Pont de Nemours
- Mitsubishi Chemical Corporation
- Mondi
- Raven Industries, Inc.
- RKW SE
- Saint-Gobain
- Supreme
- Toray Industries, Inc.
These industry leaders continue to shape market growth through product innovation and strategic initiatives.
πππππ’π§ πππ©π¨π«π πππππ’π₯π¬: https://www.alliedmarketresearch.com/construction-films-market-A07820
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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