Construction Films Market | Key players operating in the market include Mitsubishi Chemical, Du Pont de Nemours, Polifilm, Berry Global Group, RKW SE

According to recent market research "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.

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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.

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.

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Construction films are thin continuous polymeric material and are used in applications such as vapor barriers, UV resistance, acoustic properties, antiglare, durability, and high strength. Variou films types used in the construction industry include LLDPE, LDPE, HDPE, PET.BOPET, PP/BOPP, PVB, PVC, polyamide, and others. The global construction films industry is expected to be driven by civil engineering industry during the forecast period. 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%.

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), Climaxsynthetic 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.

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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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