Global Building & Construction Plastics Market, By Plastic Type (EPS, Polyethylene, Polypropylene, P

Published Date: | Report Code : MT1958291

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The use of plastic made in building & construction is due to its properties like its low maintenance, scratch resistance, durability, lightweight, high strength, and design flexibility. The use of building & construction plastics are made by architects for various activities ranging from renovation to construction of new homes, non-residential buildings, etc, due to the inherent property of plastics like high performance, its durability.

Rising number of construction projects across the world, the ability of plastics to enhance the aesthetics of architecture and design at a reasonable cost, increase in residential and non-residential activities related to restructuring or renewing, are a few factors driving the growth of the building & construction plastics market across the globe. The growing industry of building & construction is assumed to fuel the demand for plastic for building & construction in the days to come. The reason for the increased demand for plastic by the building & construction industry are its low maintenance properties and ease in handling.

Segment Analysis:

The segment of Polyvinyl chloride is inferred to hold a considerable share in the build & construction plastics market since polyvinyl chloride is majorly used for various applications like pipeline system for water, wastewater, and industrial purposes. Also, the properties of polyvinyl chloride pipes like corrosion resistance, smooth surface, scaling help reduce the energy required for pumping. These are a few factors responsible for fueling the demand for polyvinyl chloride.

The piping segment is expected to grow at a significant rate in the days to come. This growth can be attributed to traditional materials made pipes being replaced by pipes made with plastic material, since pipes made of plastic are easily available, and are also low in cost in comparison to traditional materials made pipes.

Key Factors Impacting Market Growth:

  • Construction projects across the world are on a rise

  • Cost-effective solution

  • Rising demand from various end-use industries

  • Availability of close substitutes

  • Issues related to production and disposal of plastics

Regional Analysis:

The regional outlook section for building and construction plastics market provides the region-wise market projections along with related market dynamics. Besides, this section provides further information about segments in the market on a regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe have been traditional markets with a sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this region include automotive, heavy engineering, building & construction, aerospace & defense, mining, and so on. These industries are expected to register steady growth in North America and Western Europe region during the forecast period.

Asia Pacific region is estimated to register the highest CAGR with strong industrial and infrastructural growth. Some of the major economies, in the region, include China, India, South Korea, Japan, Australia, and so on. Besides, favorable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. The Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with the growth of the industrial sector in the region. Rest of the World consisting of South America and Africa are estimated to be emerging regions for the building and construction plastics market during the forecast period.

Companies Covered: BASF SE, Total S.A, DowDuPont, Asahi Kasei Corporation, LyondellBasell Industries Holdings B.V., Borealis AG, Solvay S.A., Berry Plastics Corporation, Saudi Basic Industries Corporation...

Market Segmentation:

By Plastic Type:

  • Expanded Polystyrene (EPS)

  • Polyethylene

  • Polypropylene

  • Polyvinyl Chloride (PVC)

  • Others

By Application:

  • Flooring

  • Window & Door Panel

  • Siding

  • Piping

  • Roofing

  • Insulation

  • Others

By End-users:

  • Residential

  • Non-residential

By Region:

  • North America

    • By Country (US, Canada, Mexico)
    • By Plastic Type

    • By Application

    • By End-users

  • Western Europe:

    • By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)

    • By Plastic Type

    • By Application

    • By End-users

  • Eastern Europe:

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Plastic Type

    • By Application

    • By End-users

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Plastic Type

    • By Application

    • By End-users

  • Middle East:

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Plastic Type

    • By Application

    • By End-users

  • Rest of the World

    • By Region (South America, Africa)

    • By Plastic Type

    • By Application

    • By End-users

Reasons To Buy This Report:

  • Market size estimation of the building & construction plastics market on regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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