Global Construction Films Market to Reach $22.4 Billion by 2026

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Sep 22, 2021, 11:40 ET

SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Construction Films - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 534
Companies: 48 - Players covered include Berry Global Group; BMP Packaging KFT. ; Celanese Corporation ; Climax Synthetic ; Dunmore Corporation ; Dupont Teijin Films; E. I. Du Pont De Nemours and Company; Eastman Chemical Company; Industrial Development Company (Indevco) Sal ; Inteplast Group and Others.
Coverage: All major geographies and key segments
Segments: Product (Vapor Barrier Films, Gas Barrier Films, Window Films, Solar Films, Other Products); End-Use (Commercial, Residential, Industrial)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Construction Films Market to Reach $22.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Construction Films estimated at US$16.5 Billion in the year 2020, is projected to reach a revised size of US$22.4 Billion by 2026, growing at a CAGR of 5.3% over the analysis period. Vapor Barrier Films, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$9.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Gas Barrier Films segment is readjusted to a revised 5.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.6 Billion in 2021, While China is Forecast to Reach $4.7 Billion by 2026
The Construction Films market in the U.S. is estimated at US$4.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2026 trailing a CAGR of 8.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Window Films Segment to Reach US$3.8 Billion by the year 2026
In the global Window Films segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.2 Billion in the year 2020 will reach a projected size of US$3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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