The global Construction film market size is projected to grow from USD 9.9 billion in 2020 to USD 12.9 billion by 2026, at a CAGR of 4.0%. Increasing demand from developing countries (like India and China) and capacity expansion by major Construction film manufacturers is expected to drive the growth of the market between 2021 and 2026. However, factory shutdowns, interrupted supply chains, and reduced demand from end-use industries has negatively affected the Construction film market.
Construction
films are used in applications that require vapor barriers, UV resistance,
acoustic properties, antiglare, durability, and high strength. Plastic films
used in construction are manufactured using different types of polymers.
Browse 276
market data Tables and 44 Figures spread through 235 Pages and
in-depth TOC on "Construction
Films Market by Type (LDPE &LLDPE, HDPE, PP, PVC, PVB, PET/BOPET, PA/BOPA,
PVC, PVB), Application(Protective & Barrier, Decorative), End-Use Industry
(Residential, Commercial, Industrial, Civil Engineering) & Region - Global
Forecast to 2026"
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Companies
operating in the construction films market have strengthened their position by
adopting expansions and new product/technology launches from 2013-2020.
Expansions, joint ventures, acquisitions, and new product launches were among
the key growth strategies adopted by the market players between January 2015
and November 2020. Saint-Gobain (France), Berry Global Group Inc. (US), Eastman
Chemical Company (Switzerland), Raven (US), RKW SE (Germany), Polyplex
Corporation (Thailand), Climax Synthetic Pvt. Ltd. (India), Tech Folien (UK),
Dupont De Numors (US), Qingdao Kf Plastics Co., Ltd. (China), and
Polifilm Extrusion GmbH (Germany) are some of the key players in the
construction films market.
Berry Global acquired AEP Industries in 2017. This
acquisition has provided Berry Plastics with the opportunity to enhance its
product offerings as well as capacity expansion of its engineered materials
segment that caters to the construction industry.
SKC introduced new window films in May 2020 that
are easy to install and to work on. These window films act as barrier to solar
heat and UV rays. SKC also had enetered into agreement with Sichuan Vinylon
Works to foray in the PVB film market. The joint venture company will produce
resin for PVB films. The manufacturing operations for PVB films is undertaken
at SKCs Nantong film plant.
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