Construction Films Market Size Is Expected To Cross USD 23.53 Billion By 2025: Grand View Research Inc.

Construction Films Market.jpg
San Francisco, 24 December 2019: The Report Construction Films Market Size, Share & Trends Analysis Report By Product (Vapor Barrier, Solar Films), By Distribution Channel, By Application, By Function, By Resin Type, By End Use, And Segment Forecasts, 2019 – 2025

The global construction films market size is expected to reach USD 23.53 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.5% over the forecast period. Construction films are thin films or laminates used for applications, such as window glass building systems. They assist in converting the existing windows, roofs, walls to contemporary standards and increase their energy-efficiency. Vapor barrier films and solar films are the most widely used products as they reduce heat transfer. These films work on the principles of radiation and convection respectively to reduce heat flow.

They are used in various industrial sectors, such as petrochemicals, refinery, residential, and commercial buildings. Window film and vapor barriers are also being utilized to effectively reduce the environmental impact of buildings in numerous key areas, such as thermal resistance, water, and indoor environment. Advancements in technology used in plastic manufacturing have created a lucrative potential for the market growth over the past few years. The use of nanotechnology in the extrusion process has enabled manufacturers to develop plastic raw materials with enhanced strength and durability. The high-quality films produced using the method have high demand in eco-efficient construction.

In addition, rising usage in green building retrofits due to government initiatives, especially in APAC, aimed at reducing CO2 emissions will boost the demand further. Another factor boosting the prospects of construction films is the increasing trend of using lightweight materials in the construction industry. Glass- and plastics-based materials are increasingly replacing the heavy metal components, hence bolstering their demand in applications, such as roofing, walls, plumbing, and building envelope.

Access Research Report of Construction Films Market https://www.grandviewresearch.com/industry-analysis/construction-films-market

Further key findings from the study suggest:
  • Construction films market is led by vapor barrier films segment, which account for about 32% of the overall industry
  • Asia Pacific is expected to register the fastest CAGR during the estimated period, in terms of product demand
  • Growing number of green building initiatives and increasing investments by government and private sectors in APAC will drive the regional market in the years to come
  • Bonding was the dominant function segment in 2017, in terms of product demand
  • The residential end-use segment is anticipated to expand at the fastest CAGR over the forecast period
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the global construction films market on the basis of basis of product, resin 
type, application, function, end use, distribution channel, and region:
Construction Films Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Vapor Barrier Films
  • Gas Barrier Films
  • Window Films
  • Solar Films
  • Others Films
Construction Films Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Polyolefin Films
  • Polyester Films
  • Nylon Films
  • Ethylene Vinyl Alcohol Films
  • Polyvinyl Butyral Films
  • Fluropolymer Films
  • Polyvinylidene Chloride Films
  • Polyimide Films
  • Bio-based Polymer Films
  • Polyvinyl Chloride Films
  • Others Films
Construction Films Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Flooring
  • Walls & Ceilings
  • Windows
  • Doors
  • Roofing
  • Building & Enveloping
  • Electrical
  • HVAC
  • Plumbing
  • Others
Construction Films Function Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Bonding
  • Protection
  • Insulation
  • Glazing
  • Soundproofing
  • Cable Management
Construction Films End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Residential
  • Commercial
  • Industrial
Construction Films Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Direct
  • Third-Party
Construction Films Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
Access Press Release of Construction Films Market https://www.grandviewresearch.com/press-release/global-construction-films-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Comments

Popular posts from this blog

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Gas Detection Equipment Market Anticipated To Expand At A CAGR 9.7% From 2021 To 2028