The global construction films market is foreseen to increase growth with the rising demand for protective and water barrier films. Vendors operating in the construction films market could take advantage of the growth of the construction industry in Asia Pacific and other emerging regions. However, tight government and environmental regulations are anticipated to raise fears of decreased growth of the global construction films market. On the other hand, the mature status of the construction films market in Europe could hamper the demand in the coming years. However, rising adoption of recyclable plastic products is projected to create rewarding opportunities in the global construction films market.
Germany’s POLIFILM PROTECTION introduced a new universal laser film – PF84C – in October 2018, which the company claims to be the first of its kind that enables optic laser cutting of stainless steel with no restriction in speed. The global construction films market is expected to witness more such innovations in the near future
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Massive Demand for Housing in India and China Helps Asia Pacific to Take Lead
Developed countries could provide powerful growth platforms that the construction films market is predicted to enjoy for the next few years. Although the building and construction industry faced a downfall in the recent past, it has been showing great recovery in developed countries. This could be a fine opportunity for vendors to up their sales in the construction films market.
However, the growth of the construction films market may not be limited to developed countries. Emerging regions such as Asia Pacific are foreseen to augment the demand in the construction films market. This could be done on the back of the rise in the number of building and construction activities in the region. Among blockbuster country-wise markets could be India and China, which are envisioned to push the sales of construction films in the region. The demand for housing is considerably high in these countries because of the continuous increase in population growth. This could bode well for the Asia Pacific construction films market.
On the other hand, the MEA and Latin America may show lethargic growth in the construction films market.
Use of Construction Films as Vapor Barrier Increases in Residences and Malls
Construction films find application in curing blanket, vapor barrier, and gas/moisture barrier. Commercial and residential builders use construction films as vapor barriers for apartments, shopping malls, education institutes, and hospitals. Among the aforementioned applications, vapor barrier is prognosticated to collect a handsome share of the global construction films market on the basis of both volume and revenue. Even in 2017, the application showed dominance in the global construction films market.
Among key end-use sectors such as industrial, commercial, and residential, the global construction films market could testify a substantial share secured by the residential sector in the foreseeable future. Rise in construction activities in the residential sector, especially in Asia Pacific, is projected to help the segment to take command over the global construction films market.
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