Construction Films Market by Type (Opaque, Translucent, Transparent), Material (High Density Polyethylene, Low Density Polyethylene & Linear Low-Density Polyethylene, Polyamide or Biaxially Oriented PA), Thickness, Application, End-Use - Global Forecast 2

Construction Films Market by Type (Opaque, Translucent, Transparent), Material (High Density Polyethylene, Low Density Polyethylene & Linear Low-Density Polyethylene, Polyamide or Biaxially Oriented PA), Thickness, Application, End-Use - Global Forecast 2024-2030

The Construction Films Market size was estimated at USD 14.94 billion in 2023 and expected to reach USD 15.76 billion in 2024, at a CAGR 6.02% to reach USD 22.51 billion by 2030.

Construction films are versatile films typically made from polyethylene (PE), polypropylene (PP), or polyvinyl chloride (PVC) resins and exhibit a range of beneficial properties such as durability, flexibility, and resistance to moisture, chemicals, and ultraviolet radiation. The growing construction and residential projects are increasing the deployment of construction films to protect building structures from dust, debris, moisture, and vapors and to ensure surface protection. In addition, the property of construction films acts as a protective barrier against rain, sunlight, and cold conditions, elevating its usage across changing weather conditions. Construction films play a crucial role in developing energy-efficient and green buildings for reducing energy consumption, improving thermal performance, minimizing waste generation, and enhancing overall building sustainability. The fluctuating costs of raw materials used in construction films, including polyethylene, polypropylene, polyvinyl chloride, and other additives, limit the production and deployment of construction films. Moreover, the strict government regulations for approving and using construction films negatively impact product penetration worldwide. However, the emergence of nanotechnology improves mechanical strength, flexibility, chemical resistance, thermal stability, and barrier properties of construction films against water vapor and gas permeation, expanding the scope of the construction films market. In addition, the growing focus of manufacturers on certified recycled materials to produce construction films is expected to create growth opportunities for the construction films market in the coming years.

Regional Insights

The construction films market in the Asia-Pacific region is rapidly expanding owing to the rising investments in residential and commercial building structures, growing adoption of advanced construction materials for constructing industrial infrastructures, and increasing government focus on smart cities and green building development. The construction films market in the Americas is growing due to the rising awareness of energy efficiency, increasing stringent building regulations, and growing advancements in construction film technology. The International Energy Conservation Code in the U.S. mandates that construction projects meet specific thermal insulation and air infiltration requirements. As a result, the demand for high-performance construction films has escalated in the Americas to provide an effective solution for meeting regulatory standards. Moreover, the EMEA region represents a highly developing construction films market owing to the increasing use of construction films to overcome the challenges of extreme weather conditions, increasing government investments for sustainable construction projects, and rising innovations in construction film materials and manufacturing technologies.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Construction Films Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increasing investments in commercial and residential construction projects worldwide
    • Adoption of construction films to protect building structures from extreme weather conditions
    • Supportive government initiatives for energy-efficient and green buildings
    • Market Restraints
      • Increase in the prices of raw materials
      • Market Opportunities
        • Emergence of recyclable films to ensure sustainable construction projects
        • Introduction of nanotechnology for manufacturing of construction films
        • Market Challenges
          • Environmental concerns over plastic waste and strict government regulations imposed on plastic usage
          • Market Segmentation Analysis
            • Type: Increasing demand for translucent film for enhancing the functionality and durability of building and construction
            • Material: Growing popularity of low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE) construction films due to it moisture resistance advantage
            • Thickness: Increasing adoption of 16-35 microns thickness construction film due to their improved moisture and vapor barrier properties
            • Application: Growing usage of construction film for protective & barrier construction application
            • End-Use: Increasing use construction film for prioritize energy efficiency and attractive appearance
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Construction Films Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Construction Films Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • BASF breaks ground on polyethylene plant at Zhanjiang Verbund site in China
              
              BASF has commenced the construction of a cutting-edge polyethylene (PE) plant at its Verbund site in Zhanjiang, China. This plant, anticipated to be operational by 2025, is expected to boast an impressive annual PE production capacity of 500,000 metric tons to meet the soaring demand in China. It is anticipated to cater to various industries, including consumer goods, packaging, construction films, and transportation.
              
              POLIFILM Group focuses on the establishment of a fourth subgroup
              
              POLIFILM GmbH has established its fourth subgroup, known as POLICYCLE GmbH, with a specific focus on promoting and implementing circular economy practices. This initiative involves expanding the group's recycling capacities and competencies, as well as actively encouraging the use of material cycles for polyethylene-based films. Notable initial pilot projects are underway in which customer waste is recycled into film products. Additionally, the group is currently constructing new production sections at its Weißandt-Gölzau site to further enhance its recycling capacities.
              
              Berry Announces Expansion of its Film Manufacturing Facility in Lewisburg, Tennessee
              
              Berry Global, Inc. is expanding its stretch film manufacturing facility in Lewisburg, TN through a 25,000 square foot expansion, scheduled to be completed by early 2024. The expansion project aims to accommodate three new cast lines, enhance the capacity of the facility's post-industrial resin reprocessing system, and extend its rail spur for efficient resin material handling. The integration of advanced technology in the new cast line will enable increased production of ultra-high-performing stretch films, supporting the manufacturing industry's transition towards circularity.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Construction Films Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Construction Films Market, highlighting leading vendors and their innovative profiles. These include 3M Company, BASF SE, Berry Global Group, Inc., Brite Coatings Private Limited, China Petrochemical Corporation, Compagnie de Saint-Gobain, Cortec Corporation, Coveris Management GmbH, Dana Poly, Inc., DEKU Kunststoffabrik E. & J. Bolkart GmbH & Co. KG, DuPont de Nemours, Inc., Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, INDEVCO Group, Inteplast Group, Kashyap Unitex Corporation, Mitsubishi Chemical Corporation, Mondi PLC, MURAPLAST d.o.o., Napco National, POLIFILM GmbH, Polyplex Corporation Limited, RKW SE, Siliconature Spa, SKC Co., Ltd., Supreme Industries Ltd., TechnoNICOL Corporation, Toray Industries, Inc., Total Plastics, Upass Material Technology (Shanghai) Co.,Ltd., and Viaflex, Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Construction Films Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Opaque
              • Translucent
              • Transparent
              • Material
                • High Density Polyethylene
                • Low Density Polyethylene & Linear Low-Density Polyethylene
                • Polyamide or Biaxially Oriented PA
                • Polyethylene Terephthalate
                • Polypropylene
                • Polyvinyl Butyral
                • Polyvinyl Chloride
                • Thickness
                  • 16 - 35 microns
                  • Less than 15 microns
                  • Over 35 microns
                  • Application
                    • Decoration
                    • Protective & Barrier
                    • End-Use
                      • Commercial
                      • Industrial
                      • Residential
                      • Region
                        • Americas
                          • Argentina
                          • Brazil
                          • Canada
                          • Mexico
                          • United States
                            • California
                            • Florida
                            • Illinois
                            • New York
                            • Ohio
                            • Pennsylvania
                            • Texas
                            • Asia-Pacific
                              • Australia
                              • China
                              • India
                              • Indonesia
                              • Japan
                              • Malaysia
                              • Philippines
                              • Singapore
                              • South Korea
                              • Taiwan
                              • Thailand
                              • Vietnam
                              • Europe, Middle East & Africa
                                • Denmark
                                • Egypt
                                • Finland
                                • France
                                • Germany
                                • Israel
                                • Italy
                                • Netherlands
                                • Nigeria
                                • Norway
                                • Poland
                                • Qatar
                                • Russia
                                • Saudi Arabia
                                • South Africa
                                • Spain
                                • Sweden
                                • Switzerland
                                • Turkey
                                • United Arab Emirates
                                • United Kingdom
                                
                                
                                Please Note: PDF & Excel + Online Access - 1 Year