Construction Films Market Size By Dynamics Key Growth Drivers and Emerging Trends

According to a new report published by Allied Market Research, 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", the global construction films market was valued at $8.0 billion in 2020 and is projected to reach $14.6 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.

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Key Growth Drivers

- Rapid growth of the construction industry in developing countries.

- Increase in construction activities across residential, commercial, and industrial sectors.

- Government-backed infrastructure projects worldwide.

However, the use of non-biodegradable plastics remains a significant challenge, limiting market growth. On the positive side, increasing demand from the automotive industry offers promising opportunities for market expansion.

Segment Highlights:

By Application:

- The Gas & Moisture Barrier segment led the market in 2020, accounting for more than one-fourth of the total revenue.

- This segment is also projected to record the highest CAGR of 6.3% during the forecast period, due to its critical role in enhancing building durability and energy efficiency.

By End Use:

- The Residential segment was the largest contributor in 2020, representing over one-third of the market share.

- It is expected to witness the fastest growth, with a CAGR of 7.4% from 2021 to 2030, driven by rising housing demands and urban population growth.

Regional Insights

- Asia-Pacific, followed by North America, dominated the global market in 2020, contributing nearly 40% of the total revenue.

- The region is projected to experience the fastest CAGR of 7.2% through 2030, fueled by rapid urbanization and large-scale infrastructure developments in countries such as China, India, and Southeast Asian nations.

Leading Market Players:

- Berry Global

- Eastman Chemical Company

- E.I. du Pont de Nemours

- Mitsubishi Chemical Corporation

- Mondi

- Raven Industries, Inc.

- RKW SE

- Saint-Gobain

- Supreme Industries

- Toray Industries, Inc.

These key players are focusing on innovation, sustainable materials, and strategic partnerships to strengthen their market position.

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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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