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Construction Films Market Trends

Report ID: GMI12429
Published Date: Nov 2024
Report Format: PDF

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Construction Films Market Trends

The growing interest in smart buildings and the Internet of Things (IoT) is driving the demand for smart construction films. These films, equipped with sensors or technologies that respond to external conditions such as temperature, light, or humidity, are revolutionizing the industry. For example, photochromic or thermochromic films, which change their properties in response to sunlight or temperature changes, are gaining popularity in modern construction projects. These films can enhance comfort, reduce reliance on HVAC systems, and improve energy efficiency by regulating the internal environment of a building.

Moreover, films with self-cleaning properties and those that automatically adjust heat absorption or reflectivity are expected to see wider use. This trend is especially noticeable in smart homes, high-tech commercial buildings, and green building projects.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for construction films was reached USD 17.9 billion in 2023 and is estimated to grow at a 5.5% CAGR from 2024 to 2032, driven by stricter building codes and regulations emphasizing energy efficiency and sustainability.

The vapor barrier segment recorded around USD 5.5 billion in 2023 and is expected to grow at a 6% CAGR from 2024 to 2032, due to the growing emphasis on moisture control in construction.

The polyolefin films segment held around 27% share of the construction films market in 2023 and is anticipated to grow at a 6.1% CAGR from 2024 to 2032, owing to their cost-effectiveness and versatility in construction applications.

The U.S. region dominated 82% share of the construction films market in 2023, propelled by the adoption of energy codes such as ASHRAE 90.1 and California Title 24, which set standards for reducing energy consumption in buildings.

Key players in the construction films industry include 3M, Amcor Limited, Avery Dennison, BASF, Berry Global, Dow, DuPont de Nemours, Eastman Chemical Company, Freudenberg Group, Honeywell International, Intertape Polymer Group, LyondellBasell Industries, Saint-Gobain, Schott, and Toray Industries.