-- Construction Film is a general purpose polymer film widely used in the construction projects due to its superior properties such as water & gas barrier and ultraviolet protection. These films are used in various industries such as construction and agriculture.
Increasing use of building systems due to rising demand for high-quality energy-efficient homes is propelling the Construction Film Market globally. The speed and efficiency of modular building system are further driving the market growth. Growing use of construction films during the curing process of concrete due to the ability to maintain hydration and inhibit moisture loss is fuelling the product demand. The product demand is increasing from the construction sites containing risk factors for naturally occurring sites due to strong gas barrier properties. Rising agriculture industry in developing countries is stimulating the product demand owing to the ability to maintain stable soil temperature. Construction films usage is increasing in the farming activities as it supports the growth of crops and vegetables by rejecting insects and retaining wetness. Due to its UV protection property, it is widely preferred in home furnishing applications as well. For Instance, 3M introduced a new product “3M DI-NOC, which can recreate the visual appearance and ambiance of wood, metal, stones, and weaves owing to high versatility. It can be used in various applications such as building fascia, merchandising racks, retail furniture, and elevator carriages. Furthermore, a dry construction system made up of Brasilia, Placo, ISOVER and Weber products, developed by Saint-Gobain in Brazil is widely used for construction purposes. In 2017, Berry Global Group, Inc., one of the key players in the construction film market acquired the Clopay Plastic Product Company, Inc. to get the advantage of Clopay’s unique technology and global presence.
However, regulatory associations such as European Union (EU) has set limitations on the use of Construction Film as a result of its negative impact on the environment.
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Key Players:
Some of the key players in the Global Construction Film Market are Raven (U.S.), Saint-Gobain (France), Berry Global Inc. (U.S.), TORAY INDUSTRIES, INC. (Japan), Eastman Chemical Company (U.S.), RKW SE (Germany), Mitsubishi Chemical Holdings Corporation (Japan), DuPont Teijin Films (U.S.), SKC (U.S.), DowDuPont (U.S.).
Segmentation:
The Global Construction Film Market is segmented into Type, Application and Region.
On the basis of the Type, the market is divided into linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), high-density polyethylene (HDPE), polypropylene (PP), polyethylene terephthalate (PET), POLYAMIDE, polyvinyl butyral (PVB), and polyvinyl chloride (PVC).
Based on the Application, the Global Construction Film Market is segmented into building system, concrete slabs, vapor retarder, agriculture, and others.
Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Regional Analysis:
Asia Pacific accounted for the largest share of the Construction Film Market in 2016 due to growing infrastructural activities in the developing countries, especially in India. Growing Construction Industry in India and China coupled with improving living standards and rising per capita disposable income are driving the market growth in this region. The product demand from the green building projects for energy-efficient and premium quality housing is propelling the market growth further. Initiatives such as the Indian Green Building Council for promoting the green building concept is further stimulating the product demand.
North America is another prominent region in the Construction Films Market due to growing construction industry and increasing spending on the renovation of houses coupled with improving living standards. Increasing modular home demand due to better flexibility, innovation, and many décor options availability is set to influence the development of Construction Films Market positively.
The European region is growing at a staggering rate in the Global Construction Film Market owing to increasing demand for prefabricated and modular homes. The product demand from construction industry is growing for eco-friendly technology and cost-effective construction of both residential and non-residential buildings. In the Middle East and African region, the Construction Film Market is expected to grow substantially with an increase in the number of construction projects mainly in GCC and the UAE.
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