Construction Plastics Market Overview:
Over the years, with the rapidly changing technologies and innovations to optimize the cost of construction has led to adoption of cost-effective materials over traditional construction materials that are easy to handle and maneuver without jeopardizing the performance. Construction plastics are such materials which are being widely used in building and construction due to its advantages over traditional materials such as lightweight, cost, handling, strength and other properties. In addition, it improves the overall aesthetics of the structure and need comparatively low maintenance.
Construction Plastics Market Key Players Analysis:
Some of the key players in the global Construction Plastics are BASF SE (Germany), DowDuPont (US), PetroChina Ltd (China), Borealis AG (Austria), Solvay SA (Belgium), Arkema (France), SABIC (Saudi Arabia), B & F Plastics, Inc., (US), Cork Plastics (US), and Trinseo (US).
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Construction Plastics Market Segmentation:
The global construction plastics market has been segmented by type, application, and region.
Based on type, the market has been segmented into polyvinyl chloride (PVC), polyethylene, polypropylene, polyurethane, polycarbonate, polystyrene, and others. The polystyrene is further sub-segmented into expanded and extruded polystyrene. PVC accounted for the largest market share in 2018 and is expected to maintain its dominance throughout the forecast period. Proliferating demand for PVC in residential and commercial construction for an array of applications like, flooring, piping, and roofing. The properties of PVC such as flexibility, lightweight, and easy maneuvering has led to an augmented demand for PVC in an array of construction applications such as cladding, roofline, and rainwater provisions adding substantial value to the global construction plastics market.
Based on application, the market has been segmented into flooring, window, piping, ducts, insulation, roofing, walls, and others. Pipelines accounted for the largest market share in 2018 and is expected to maintain its dominance throughout the forecast period. Plastic components are widely used in construction for interior and exterior applications such as piping, pipe fittings, water services, and others, which is expected to drive the demand. The pipeline segment is followed by insulation and ducts which is expected to grow at significant CAGRs during the forecast period with the increasing awareness regarding energy efficient building and construction.
Construction Plastics Market Regional Analysis:
Based on region, the global construction plastics market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The market in Asia-Pacific was the largest in 2018 due to the increasing investments in the infrastructural activities in the Southeast Asian economies along with the rise in population and urbanization can be attributed to the growth of construction plastics market in Asia-Pacific.
North America is the second-largest market for construction plastics owing to the increasing commercial construction activities in the region. In addition, the increasing prevalence of green building in the US and Canada is expected to offer lucrative opportunities for construction plastics during the forecast period. The European market for construction plastics is expected to grow at a moderate pace during the forecast period with a slow-moving construction sector in the Western European countries. The market in Latin America and the Middle East & Africa are expected to exhibit considerable growth during the review period with the increasing construction activities and industrialization.
Construction Plastics Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Market Dynamics of Global Construction Plastics Market
Construction Plastics Market Table of Content to be Continue…….,
Construction Plastics Market List of Tables:
Table 1 Global Construction Plastics Market, By Region, 2016−2023
Table 2 North America: Construction Plastics Market, By Country, 2016−2023
Table 3 Europe: Construction Plastics Market, By Country, 2016−2023
Table 4 Asia-Pacific: Construction Plastics Market, By Country, 2016−2023
Table 5 Middle East & Africa: Construction Plastics Market, By Country, 2016−2023
Construction Plastics Market List of Tables to be Continue…….,
Construction Plastics Market List of Figures:
FIGURE 1 Global Construction Plastics Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Construction Plastics Market
FIGURE 4 Value Chain of Global Construction Plastics Market
FIGURE 5 Share of Global Construction Plastics Market In 2017, By Country (%)
Construction Plastics Market List of Figures to be Continue…….,
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