The global construction films market was valued at USD 9.8 billion in 2021 and is anticipated to grow at USD 13.2 billion by 2028 recording a CAGR of 4.2% during the forecast period 2022-2028. On construction sites, construction films are used as privacy screens or dust covers. They're also employed as a moisture barrier, scaffolding underlying film, water barrier beneath the concrete floor, and stadium sound barrier. Construction films are durable and strong, with high tensile strength, abrasion resistance, and puncture resistance, as well as the capacity to adjust to changing humidity. These films can be reused. Construction films are low-maintenance and simple to install.

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One of the primary factors driving the growth of the construction film market is the rise in the number of green building projects around the world. The market is growing due to an increase in investment in infrastructure development and residential projects as a result of the liberalisation of foreign investment regulations, as well as a high demand for construction film due to cost advantages, durability, and accessibility of application-specific products. The market is also influenced by the introduction of rigorous laws aiming at decreasing carbon and greenhouse gas (GHG) emissions, as well as stimulus measures by the US government to help the construction industry recover from COVID-19. Furthermore, rising consumer awareness, increased industrialization and urbanisation, and rising need for water barrier as well as protective films all benefit the building film industry. Furthermore, in the projection period of 2021 to 2028, the use of recyclable plastic products and the swift recovery of the building industry in China and other nations expands profitable potential for market players. Stringent environmental regulations and challenges with recycling plastic films, on the other hand, are projected to stymie market expansion. The construction film market is expected to face challenges in the forecast period of 2021-2028, including the difficulty of maintaining an uninterrupted supply chain and operating at full production capacity, as well as a liquidity constraint.

The global construction films market segmentation:

1) By Function: Bonding, Cable Management, Glazing, Insulation, Protection and Soundproofing.

2) By Type: Linear Low Density Polyethylene Film (LLDPE), Low Density Polyethylene Film (LDPE), High Density Polyethylene (HDPE), Polypropylene/Biaxially Oriented PolyPropylene Films (PP/BOPP), Polyethylene Terephthalate/Biaxially -oriented polyethylene terephthalate (PET/BOPET), POLYAMIDE/Biaxially Oriented Nylon Film (BOPA), Polyvinyl Butyral Film (PVB), Polyvinyl Chloride (PVC) and Others.

3) By Product: Vapor Barrier Films, Gas Barrier Films, Window Films, Solar Films and Other Films.

4) By Application: Flooring, Walls & Ceilings, Windows, Doors, Roofing, Building & Enveloping, Electrical, Heating, Ventilation, and Air Conditioning (HVAC), Plumbing and Others

 

Due to a spike in government efforts and foreign investment in real estate development within the region, Asia-Pacific dominates the construction film market. Because of increased expenditures in the development of liquefied natural gas terminals in the region, North America is predicted to be the fastest expanding market over the forecast period of 2021 to 2028.

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Some of the major key players in the Construction Films Market are Saint-Gobain (France) Berry Global group (Lithuania) Climax Synthetic (India) Eastman Chemical (Switzerland) PLASTIKA KRITIS (Greece) Polifilm Extrusion (Germany) Polyplex Corporation (Thailand) QINGDAO KF PLASTICS (China) Raven (US) RKW SE (Germany) Tech Folien (UK)

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