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Construction Film: A Leading Driver Behind Rising Demand For Green Buildings Fuels Growth In The Construction Film Market Market Expansion in 2025
Construction Film
What Will the Construction Film Industry Market Size Be by 2025?
Over the past few years, the construction film market has seen consistent expansion. The market size is anticipated to escalate from $17.7 billion in 2024 to $18.39 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.9%. Several factors contributed to the growth experienced during the historic period, including construction and infrastructure developments, renovations and servicing of buildings, the rising demand for eco-friendly building and sustainability, an uptick in regulatory adherence, and the increase in urbanization and population expansion.
What's the Long-Term Growth Forecast for the Construction Film Market Size Through 2029?
Anticipations suggest a solid increase in the construction film market size in the coming years, with estimates pointing to a value of $22.75 billion in 2029, reflecting a compound annual growth rate (CAGR) of 5.5%. The predicted growth during the forecast period is ascribed to the rise in digitalized construction processes, tenets of the circular economy, adherence to construction safety norms, expansion in emerging markets and the increasing adaptation to fluctuating weather conditions. Key trends set to dominate the forecast period involve films resistant to weather conditions, incorporation of energy-saving films, application of construction films with anti-microbial features, bespoke film solutions and the emergence of intelligent construction films.
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What Are the Key Growth Drivers Fueling the Construction Film Market Expansion?
The surge in the adoption of eco-friendly buildings is predicted to fuel the expansion of the construction film market in the future. Eco-friendly buildings are designed with the aim to reduce operational expenses, aid in the conservation of natural resources, provide enhanced energy effectiveness, and boost productivity. The ascendancy of eco-friendly building construction has augmented the use of construction films in such projects, owing to their superior longevity and minimal production expenses. For example, as per the World Green Building Trends 2023 report, about 59% of industry respondents asserted that by 2023, most of their projects would be eco-friendly. Hence, the escalating preference for eco-friendly buildings is propelling the growth of the construction film market.
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What Are the Key Trends Driving Construction Film Market Growth?
The development in the production of construction films is paving the way for their broader application in the construction sector. Dominant businesses in the construction film domain are prioritizing the improvement of barrier protection. For instance, in August 2023, Cosmo Films introduced their novel high-barrier Enhanced Metalized BOPP Film, designed specifically for challenging packaging situations. This sophisticated film possesses exceptional moisture and oxygen barrier abilities, making it apt for a spectrum of products, spanning from flexible packaging for snacks, bakery goods, chocolates to personal care items such as shampoo sachets. The film is structured to function efficiently as an intermediate layer in multilayer laminates, maintaining product consistency and freshness over a period of time.
How Is the Construction Film Market Segmented?
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 Companies Are Leading the Charge in Construction Film Market Innovation?
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.
Which Regions Are Leading the Global Construction Film Market in Revenue?
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.
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