Residential Segment Accounted for Largest Share in Overall Construction Films Market

Northbrook, IL 60062 -- (SBWire) -- 03/23/2022 --The report "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" The global construction film market is expected to grow from USD 9.9 billion in 2020 to USD 12.9 billion by 2026, at a CAGR of 4.0% during the forecast period. Increasing demand from civil engineering industry is driving the growth of the market

Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221903376

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"

LLDPE & LDPE films are the fastest-growing segment in the construction films market in terms of both value and volume.

The LDPE & LLDPE segment is expected to be the fastest-growing application in the overall construction films market during the forecast period in terms of value and volume. LLDPE & LDPE films are widely used in the construction industry due to superior properties such as tensile strength, resistance to moisture, chemicals, and protection from UV rays and flexibility. These films are in high demand from residential and commercial end-use segments in cladding, roofing, doors and windows, furniture, and others.

Films for Protective & Barrier use dominated the construction film market in terms of both value and volume.

The protective & barriers segment is expected to be the fastest-growing application in the overall construction films market during the forecast period in terms of value and volume. The high demand for construction films as vapor barriers, gas barriers, building enclosures, window films, UV protection, floor underlay, basement capping, etc., is driving the construction films market in protective & barrier applications.

Civil Engineering Industry is the largest end-use industry of Construction film in terms of both value and volume.

Civil engineering is expected to be the fastest growing segment during the forecasted period in terms of value and volume. This growth is backed by increasing and rapid construction of roads and highways and developing infrastructure. The governments across the globe are focusing on increasing investments for the road connectivity. For instance, in India, the total investment in the roads and highway sector has increased by more than three times in the last six year.

APAC is the leading construction film market in terms of both value and volume.

The APAC region is estimated to be the largest market for construction films in 2020 in terms of value and volume. The growth of the APAC construction films market can be attributed to industrial expansion, the presence of well-established manufacturers, and technological advancements in construction in the region.

Key Market Players

Mitsubishi Chemical (Japan) Du Pont de Nemours (US) Polifilm (Germany) Berry Global Group (US) RKW SE (Germany)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com