Feb 07, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Construction Films Market.
It was estimated prior to this unanticipated outbreak that the Construction Films Market is likely to witness an impressive CAGR of 4.7% during the forecast period. The growing demand for construction films is mainly attributed to the increase in the usage of films in construction as water barrier, which is fueling the growth of the market.
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Construction films are used in various applications for protecting valuable equipment and machinery against dust, dirt, and dampness.
Construction films are of different materials, such as LLDPE, LDPE, HDPE, PP, PVC, PVB, PET/BOPET, BOPA, and others. They are used in different applications, such as barriers & protective, decorative, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Based on the film type, the market is segmented as LLDPE, LDPE, HDPE, PP, PVC, PVB, PET/BOPET, Polyamide/BOPA, and others. The LLDPE segment held the largest share of the market in 2019, in terms of value and volume, and is expected to remain dominant during the forecast period. LLDPE is an advanced version of LDPE. The growth of the segment is owing to its properties, such as higher strength against than its older version.
Based on the application type, the construction films market is segmented as barriers & protective, decorative, and others. The barriers & protective segment leads the market owing to rise in demand for water barriers, vapor barriers, and UV protection. The segment is also likely to remain dominant during the forecast period.
In terms of regions, Asia-Pacific is estimated to be the largest market for construction films during the forecast period. China and India are the growth engines of the region. The market is bolstered by the extensive growth of construction industry in the region along with the presence of a large number of construction film manufacturers in China and India. North America and Europe are also expected to offer lucrative growth opportunities during the forecast period.
Key players operating in the global Construction Films market are-
- Raven Engineered Films
- Saint-Gobain S.A.
- Berry Global, Inc.
- Toray Industries
- Eastman Chemical Company
- RKW SE
- Mitsubishi Chemical Holdings Corporation
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Construction Films analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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