DUBLIN--(BUSINESS WIRE)--The "Construction Films Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The construction films market is expected to surge at a CAGR of 4.74% to achieve a market size of US$17.383 billion by 2025 from US$13.166 billion in 2019
Construction film is a general-purpose polymer film widely used in construction projects. Construction films are utilized for covering, for example, in the form of dust covers or privacy protection on the construction spots. These are further used as moisture barriers, underlying film for scaffolding, water barrier below the concrete floor, and sound barrier in stadiums. These films have outstanding abrasion resistance, toughness and strength, ability to adapt to varying humidity, high puncture resistance, high tensile strength, are recyclable, maintenance-free and are easy to apply.
The construction film market seems to have a steady growth owing to its characteristics and advantages, along with boost up by the government initiative and regulations recognizing the green building projects, which demand construction film products. Additionally, elevated use of construction films during the curing process of concrete owing to the ability to maintain hydration and inhibit moisture and their ability to maintain and stabilize soil temperature in agriculture is leading to higher demand.
However, strict rules and regulations imposed on plastic manufacturing and its usage, disposal, and recycling pose a challenge for market growth. Environmental regulations also act as a restrictive factor. Besides, the quality standards for recycled films have also increased their costs. To overcome these, the market demands technological improvements, innovations and mergers & acquisitions so that the growth remains steady.
Green construction is driving the market demand in the forecast period
The green building construction is in high demand at the global level, the government is also emphasizing on green construction, hence, this is providing a huge opportunity for the market to thrive in the forecast period. Additionally, consumers around the globe are realizing the benefits of green buildings and are valuing eco-friendly techniques and solutions for the construction of residential, commercial, and industrial buildings contributing towards energy efficiency and cost-efficiency, driving sustainability.
These consumer demands for green building construction has paved a path for innovations, further driving the market demand in the forecast period. Keeping in view the surging demand, the manufacturers are working on strengthening their R&D activities for delivering more high-quality products in their product portfolio to a wide range of consumers. Some of the products available in the market include high-performance window films for providing protection against UV and IR radiations and stabilizing indoor temperatures. Additionally, builders and manufacturers look for ways to reuse materials that are already in use in a construction project, hence, this will contribute to creating less waste, in addition to providing unique elements of the already-existing structures which are otherwise difficult to achieve.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Construction Films Market Analysis, by Type
5.2. Transparent Construction Films
5.3. Translucent Construction Films
5.4. Coloured Opaque Construction Films
6. Construction Films Market Analysis, by Material Type
7. Construction Films Market Analysis, by Application
7.3. Barrier & Protection
8. Construction Films Market Analysis, by End User
9. Construction Films Market Analysis, by Geography
9.2. North America
9.3. South America
9.5. Middle East and Africa
9.6. Asia Pacific
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. Company Profiles
11.1. Raven Industries, Inc.
11.2. Plastika Kritis S.A.
11.3. Tech Folien Ltd.
11.4. Qingdao KF Plastics Co., Ltd
11.5. Eastman Chemical Company
11.6. Four Star Plastics
11.7. Polifilm GmbH
11.8. RKW Group
11.9. INDEVCO Group
For more information about this report visit https://www.researchandmarkets.com/r/g1dzya