Global Construction Film market is valued approximately USD 9.44 billion in 2018 and is anticipated to grow with a growth rate of more than 4.30% over the forecast period 2019-2026.
The construction films are said as general-purpose polymer film that is widely used in the construction projects due to its superior properties such as water & gas barrier and ultraviolet protection. The global construction film market is driving owing to the growing construction industry in the developing countries of Asia-Pacific and increasing demand for water barrier and protective film. Whereas, stringent environment and government regulation are the factors hampering the growth of market over the forecast years. However, increasing use of recyclable plastic products is a lucrative growth opportunity for the growth of market. For instance: As per Statista, in public sector in 2016 the spending in construction sector was USD 292 billion and increased up to USD 302 billion in 2018. Also, according to the Indian Brand Equity Foundation (IBEF), the real estate industry in India is expected to reach USD 1 trillion by 2030 from USD 120 billion in 2017 and contributed to the 13% of the country’s GDP by 2025. Based on segment, the market is bifurcated into by type and application segment. Segment by type includes LIDPE, LDPE, HDPE, PP/BOPP, PET/ BOPET, POLYAMIDE/ BOPA, PVB, PVC and others and segment by application includes Barrier & Protective, Decorative and other application.
The regional analysis of global Construction Film market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia pacific accounts for the largest share in global construction film market owing to the several government initiatives coupled with a substantial foreign investment in real estate development. Whereas, the petrochemical plant of India and China are continuously using vapor barrier in the green house and industry building. Also, government is taking initiative encouraging Public-Private Partnership programs to promote infrastructure development projects that propel the growth of market over the upcoming years. North America is the fastest growing region in the global construction film market owing to the rising investment in the construction liquefied natural gas terminals in the gulf coast region, expansion in the industrial sector and new power plant.
Market player included in this report are:
Berry Global Group
Eastman chemical company
Dupont Teijin Films
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Barrier & Protective
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Construction Film Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers