The construction film market has seen considerable growth due to a variety of factors.
• In recent times, the size of the construction film market has seen steady expansion. Predictions show it will rise from $17.7 billion in 2024 reaching a size of $18.39 billion in 2025, growing at a compound annual growth rate (CAGR) of 3.9%.
Factors contributing to its growth during the historical period include construction and infrastructure initiatives, building refurbishments and maintenance, amplified focus on sustainable and green building, strict adherence to regulatory requirements, as well as urbanization and the increase in population.
The construction film market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for construction films is predicted to experience substantial expansion in the upcoming years, reaching a valuation of $22.75 billion in 2029, with a compound annual growth rate (CAGR) of 5.5%.
The rise in the projected period can be linked to enhanced digital construction procedures, the implementation of the circular economy, safety standards in construction, growth in emerging markets, and the increasing adaptation to evolving climate conditions. Key trends anticipated within this period consist of weather-resistant films, the move towards energy-efficient films, application of construction films boasting anti-microbial features, tailored film solutions, and intelligent construction films.
The surge in favor of green buildings is anticipated to fuel the expansion of the construction film market. Green buildings are specially planned structures that reduce operating expenses, help conserve natural resources, provide superior energy efficiency, and enhance productivity. The rise in green building construction has led to more usage of construction films due to their long-lasting durability and economical production costs. For example, as per the World Green Building Trends 2023 report, about 59% of the respondents from the industry predicted that the bulk of their projects would be green by 2023. Hence, this rising trend of green buildings is propelling the growth of the construction film market.
The construction film market covered in this report is segmented –
1) By Type: LDPE And LLDPE, HDPE, PP, PVC, PVB, PET/BOPET, PA/BOPA
2) By Application: Protection And Barrier, Decorative
3) By End User Industry: Residential, Commercial, Industrial
Subsegments:
1) By LDPE and LLDPE: LDPE Films, LLDPE Films
2) By HDPE: HDPE Films for Packaging, HDPE Films for Construction Applications
3) By PP: Biaxially Oriented Polypropylene (BOPP) Films, Cast Polypropylene (CPP) Films
4) By PVC: Rigid PVC Films, Flexible PVC Films
5) By PVB: PVB Laminating Films, PVB Interlayer Films
6) By PET/BOPET: PET Films, BOPET Films
7) By PA/BOPA: PA Films, BOPA Films
The advancement in the production of construction films is opening up new possibilities for their application in the construction sector. Several key players in the field of construction films are making strides in improving barrier protection. For example, Cosmo Films made a significant announcement in August 2023, launching their latest high-barrier Enhanced Metalized BOPP Film. This advanced film is specially designed for rigorous packaging demands. It excels in providing exceptional moisture and oxygen barrier properties, making it an ideal choice for a myriad of applications such as flexible packaging for snacks, bakery items, chocolates, and personal care products like shampoo sachets. The film is uniquely created to act as a key layer in multi-layer laminates, guaranteeing the preservation of product quality and freshness over extended periods.
Major companies operating in the construction film market include:
• Raven Engineered Films
• Saint-Gobain Performance Plastics Corp.
• Berry Global Inc.
• Toray Industries Inc.
• Eastman Chemical Company
• The RKW Group
• Mitsubishi Chemical Corporation
• Dupont Teijin Films
• Siliconature Spa
• Mondi plc
• Dow Inc.
• 3M Company
• Intertape Polymer Group Inc.
• Jindal Poly Films Limited
• Polifilm GmbH
• Polyplex Corporation Limited
• Uflex Limited
• Garware Polyester Limited
• Cosmo Films Limited
• Flex Films (USA) Inc.
• Innovia Films
• Taghleef Industries LLC
• Treofan Germany GmbH & Co. KG
• Sealed Air Corporation
• Coveris Holdings S.A.
• Amcor plc
• Constantia Flexibles Group GmbH
• Novolex Holdings Inc.
• Sigma Plastics Group
• AEP Industries Inc.
• Poly-America L.P.
• Atlantis Plastics Inc.
Asia-Pacific was the largest region in the construction films market in 2024. The regions covered in the construction film market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.