Press release
Construction Film Market Poised for 5.5 % Growth, Set to Hit $137.69 Billion by 2029
Construction Film Market Size
The rise in demand for green buildings is anticipated to fuel the expansion of the construction film market. Green buildings are architecturally designed to reduce overhead costs, aid in conserving nature's resources, offer superior energy efficiency, and enhance productivity. The prevalence of construction films in green building projects has spiked owing to their high resilience and cost-efficient production. For example, the World Green Building Trends 2023 report portrayed that 59% of industry participants would turn the majority of their initiatives green by 2023. Consequently, this rising trend of green buildings is propelling the growth of the construction film market.
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What Is the projected market size and growth rate for the construction film market?
The steady expansion of the construction film market in the past few years has been witnessed. Expect a rise from $17.7 billion in 2024 to $18.39 billion in 2025, with a compound annual growth rate (CAGR) of 3.9%. The growth during the historic period is credited to aspects such as construction and infrastructure projects, building renovations and repairs, the rising demand for green building and sustainability, an escalation in regulatory compliance, and growth in urbanization and population.
The market size for construction film is anticipated to experience robust expansion in the near future, with projections estimating a value of $22.75 billion by 2029, driven by a compound annual growth rate (CAGR) of 5.5%. Factors contributing to this upward trend during the forecast period include the rise in digital construction workflows, implementation of circular economy strategies, robust construction safety norms, development in emerging markets, and the growing need to adapt to climate change. Key shifts forecasted for this period encompass the production of weather-resistant films, the embracing of energy-efficient films, the application of construction films with anti-microbial features, the provision of tailored film solutions, and the advent of intelligent construction films.
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What new trends are reshaping the construction film market and its opportunities?
The progress in the production of construction films is paving the way for broadened applications in the building industry. Leading businesses in the construction film market are prioritising the improvement of barrier protection. For instance, in August 2023, Cosmo Films introduced its latest Enhanced Metalized BOPP Film, designed for challenging packaging needs. This sophisticated film possesses high-level moisture and oxygen barrier features, making it appropriate for various products, including flexible packaging for confectionery, bakery items, chocolates, and personal care products such as shampoo sachets. The film is crafted to effectively serve as an intermediate layer in multilayer laminates, ensuring the durability and freshness of the product.
What major market segments define the scope and growth of the construction film market?
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
Subsegments:
1) By LDPE and LLDPE: LDPE Films, LLDPE Films
2) By HDPE: HDPE Films for Packaging, HDPE Films for Construction Applications
3) By PP: Biaxially Oriented Polypropylene (BOPP) Films, Cast Polypropylene (CPP) Films
4) By PVC: Rigid PVC Films, Flexible PVC Films
5) By PVB: PVB Laminating Films, PVB Interlayer Films
6) By PET/BOPET: PET Films, BOPET Films
7) By PA/BOPA: PA Films, BOPA Films
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Which region dominates the construction film market?
Asia-Pacific was the largest region in the construction films market in 2024. The regions covered in the construction film market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the construction film industry growth?
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, 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, Sealed Air Corporation, Coveris Holdings S.A., Amcor plc, Constantia Flexibles Group GmbH, Novolex Holdings Inc., Sigma Plastics Group, AEP Industries Inc., Poly-America L.P., Atlantis Plastics Inc.
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What Is Covered In The Construction Film Global Market Report?
•Market Size Forecast: Examine the construction film market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the construction film market for a structured understanding.
•Key Players Overview: Analyze major players in the construction film market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the construction film market.
•Segment Contributions: Evaluate how different segments drive overall growth in the construction film market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the construction film market.
•Industry Challenges: Identify potential risks and obstacles affecting the construction film market.
•Competitive Landscape: Review strategic developments in the construction film market, including expansions, agreements, and new product launches.
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