Construction Films Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Global Construction Films Market is segmented By Type (LLDPE, LDPE, HDPE, PP, PVC, PVB, PET, BOPET, BOPA), By Application (Barrier, Protective, Decorative), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Construction Films Market Overview

The Global Construction Films Market reached USD 10.1 billion in 2022 and is expected to reach USD 13.2 billion by 2031, growing with a CAGR of 4.0% during the forecast period 2024-2031.Construction films are used as a covering for dust prevention or privacy protection at construction sites. They are also used in stadiums as sound and moisture barriers and supporting films for scaffolding and water barriers below concrete floors. 

The films are recyclable, require no maintenance, are simple to use, have excellent abrasion resistance, toughness and strength, the capacity to respond to changing humidity, good puncture resistance and high tensile strength. 

Due to rising investments in the region's residential and commercial buildings, North America's Construction Film Market is expected to expand considerably during the forecast period. For instance, the Government of Ontario stated in 2021 that it will invest up to US$41.8 million in the construction of the new Grey Bruce Health Services Markdale Hospital.

Construction Films MarketScope

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Construction Films Market Dynamics

Rising Investment for Infrastructure Development

In terms of volume and value, the civil engineering industry is expanding. The construction of new roads, highways and infrastructure is a key factor in the economy’s growth. Construction films are utilized in construction materials and urban infrastructure for carrying weights like roads and highways. Construction films have mechanical properties, including thermal insulation, accelerated weathering, compressive and tensile strength and dynamic stability. 

Governments across the world are concentrating on boosting their investments in road connectivity. For instance, the Ministry of Road Transport & Highways committed USD 22 million in July 2021 under the Economic Importance and Inter-State Connectivity Scheme (EIC&ISC) for 2022, according to the Indian Brand Equity Foundation. Therefore, the market for construction films is expected to rise over the forecast period as the civil engineering industry expands.

Rapid Expansion of Residential Construction

By increased investments and financing, the residential construction sector is expanding. The residential building sector utilizes construction films, which are thin continuous polymeric layers, as a protective layer or as a barrier to sound, moisture, water and for other purposes. The residential construction market is expanding globally due to the increase in housing projects launched by governments and the increase in per capita income. 

For instance, the Canadian government reports that in 2021, Canada and Alberta jointly funded more than US$31.9 million on over 360 projects to enhance housing for seniors and families in 95 towns. Consequently, the global construction films market is expected to expand during the forecast period due to rising investments in residential construction.

Environmental Impact of Construction Films

Low-density polyethylene (LDPE), polyvinyl chloride (PVC) and high-density polyethylene (HDPE) are the plastic films most frequently utilized in the building industry. For use as a moisture barrier, vapor barrier, curing blanket and other purposes, construction plastic films are used. The separation, repurposing and recycling of plastic waste is the primary challenge construction plastic films face. 

Materials made of construction plastic film can take up to a thousand years to disintegrate in a landfill, causing contamination of the land and water. Additionally, thermoplastic creeps and softens at moderate temperatures and plastic films deteriorate in direct sunlight, which reduces their mechanical strength. Therefore, the negative environmental impacts of construction plastic films will restrain market expansion.

Construction Films Market Segment Analysis

The Global Construction Films Market is segmented based on type, application and region.

Rising Focus on Energy Efficiency Drives Barrier Segment’s Growth.

Barrier application of construction films is projected to represent about 30% of the Global Construction Films Market during the forecast period. Barrier films are essential for construction projects because they may be a barrier between the internal and exterior building envelopes. The demand for the product has increased in several applications due to a greater focus on strengthening durability, reducing energy consumption and servicing costs.

Construction films are also widely used for other important purposes, such as bonding, insulation and cable management. The films are perfect for bonding because of their excellent fit and high compliance to construction materials. Additionally, the most efficient method to raise a building's thermal efficiency is using the insulation films.

Source: DataM Intelligence Analysis (2023)

Global Construction Films Market Geographical Penetration

The Upsurge in Construction Activities in Asia-Pacific

Due to the growing demand for construction films in emerging nations like China, Japan, India and South Korea, Asia-Pacific is predicted to make approximately less than 50% of the global construction films market in 2022. 

Government schemes encouraging Public-Private Partnership (PPP) plans that promote infrastructure development projects at the regional and national levels are boosting the construction films market. 

During the forecast period, China is expected to maintain its leadership in the construction film market. It is a result of the nation's expanding building industry. For instance, the International Trade Administration estimated that China's construction sector would generate USD 1.1 trillion in sales in 2021, up from USD 968 billion in 2019.

Source: DataM Intelligence Analysis (2023)

Construction Films Market Key Players

The major global players include Saint-Gobain Performance Plastics, Berry Global Inc., Eastman Chemical Company, Raven Industries, RKW SE, Polyplex, Climax Synthetics Pvt. Ltd, Bostik SA, Tech Folien Ltd and Plastika kritis.

COVID-19 Impact on Construction Films Market

COVID Impact

One of the industries that was hit the hardest by COVID-19 was the construction industry, which had already been dealing with a liquidity crisis caused by the financial sector's dependence on non-banking financial institutions for more than a year. Due to a lack of funding, many projects remained incomplete. 

Due to many factors and uncertainties brought on by the COVID crisis, eager homeowners postponed their purchasing choices, which put the demand for residential real estate on the back foot. A variety of pricing fluctuations could be expected at this time because imports will also suffer difficulties. However, long-term supply chain concerns may drive up the cost for construction materials.

Russia-Ukraine War Impact

The growing war between Russia and Ukraine and the ensuing U.S. and international sanctions against Russia have hampered international building projects, which has had a variety of effects on the market for construction films. The crisis in Ukraine has further disrupted supply chains that were already suffering from a global epidemic, raising costs, leading to a scarcity of resources and extending project deadlines. 

Supply chain disruptions worsened as international collaboration and transportation routes are impacted. More businesses are revising bids and contracts to incorporate escalation regulations to handle the potential for fuel surcharges, labor effects and supply chain delays resulting from the war as a result of higher costs and inevitable slowdowns.

Key Developments

• TeraPlast Group, one of the largest manufacturers of construction materials in Romania and Brikston Construction Solutions, a Romanian construction materials manufacturer,  have come to an agreement for TeraPlast Group to take over the manufacturing of polyethylene films from the producer in Sighisoara beginning in September 2021. 

The assets of TeraPlast, located in Sighisoara, were moved to the Somplast facility in Nasaud, which was then undergoing repair after being purchased by TeraPlast Group.

• Saint-Gobain, a French multinational corporation headquartered in Paris, announced in March 2021 that a new plasterboard production line would be built in its Quinto factory, which is close to Zaragoza, Spain. The company will be able to increase its choice of high-value-added goods and building solutions due to the €40 million investment.
• To provide timely product delivery and superior customer care to the customers of its construction markets, Raven Industries, an American company that makes precision agriculture products and information management tools, expanded its engineered films division fabrication activities by establishing up a plant on the east coast of U.S. in Waynesboro in January 2020.

Why Purchase the Report?

• To visualize the Global Construction Films Market segmentation based on type, application and region and understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of construction films market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Construction Films Market Report Would Provide Approximately 53 Tables, 53 Figures And 202 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies