As per this study, the Global Building & Construction Plastics Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of 8.3%. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023 - 2030.
Buildings and construction plastics are chemically treated plastic polymers that are used to develop products for buildings & construction. Properly installed plastic products can save energy and maintenance cost as well as improve aesthetics and safety. In addition, it's a cost-effective and flexible substitute for glass in buildings and construction.
Market Dynamics
The growing population and shifting preference of people towards nuclear family lead to increasing demand for building and construction is driving the market growth. Also, technological advancements associated with materials in the construction industry for reducing production cost along with improvement in overall infrastructure is further fuelling the market growth. Furthermore, the introduction of green building projects in terms of recycled plastics for buildings and construction is further expected to accelerate the market growth in upcoming years. On the downside, the growing environmental concern may restrict market growth during the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of building & construction plastics.
Market Segmentation
The broad building & construction plastics market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product
- Polyvinyl Chloride
- Polystyrene
- Polyethylene
- Polyurethanes
- Others
By Application
- Roofing
- Insulation
- Pipes & Ducts
- Wall Coverings
- Windows
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for building & construction plastics in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Building & Construction Plastics Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the building & construction plastics market include BASF SE, Borealis AG, The Dow Chemical, DuPont, Solvay SA, and Trinseo.. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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