MARKET OVERVIEW
Building and construction plastics refer to a wide range of plastic materials that are used in the construction industry for various applications. These materials include, but are not limited to, PVC pipes and fittings, insulation materials, roofing membranes, window and door profiles, siding, decking, and railing systems, and many more. These plastics are used in both commercial and residential construction projects and are known for their durability, weather resistance, and low maintenance requirements. They can also provide energy efficiency and cost savings compared to traditional building materials. In the building and construction plastics market, some notable trends include utilizing plastic building materials in environmentally friendly construction, growing interest in energy-efficient and sustainable materials, adopting advanced plastics such as fiber-reinforced plastics, and growing demand for plastic building materials in developing nations.
MARKET DYNAMICS
The global building and construction plastics market is anticipated to grow in the forecast period with factors such as the surge in residential and non-residential construction activities owing to urbanization and globalization. Moreover, the increasing adoption of plastic materials for construction due to their low cost, lightweight, and physical properties further contribute to the growth of the building and construction plastics market. However, growing concerns about environmentally safe building materials and the prohibition of PVC in green buildings restrict the growth of the market. Nonetheless, high demands from emerging economies and the growing use of recycled plastics for construction offer lucrative opportunities for the major players operating in the market during the forecast period.
MARKET SCOPE
The "Global Building and Construction Plastics Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on global market trend analysis. The report aims to provide an overview of the building and construction plastics market with detailed market segmentation by plastic type, application, end-user and geography. The global market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global building and construction plastics market is segmented based on plastic type, application, and end user. Based on plastic type, the market is segmented as polyurethanes, polyethylene, polystyrene, polyvinyl chloride, and others. Based on the application the market is segmented as windows, wall coverings, pipes and ducts, insulation, roofing, and others. The market based on the end user is classified as non-residential and residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The building and construction plastics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the building and construction plastics market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the building and construction plastics market in these regions.
MARKET PLAYERS
The reports cover key developments in the building and construction plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from building and construction plastics market are anticipated to have lucrative growth opportunities in the future with the rising demand for building and construction plastics in the global market. Below mentioned is the list of few companies engaged in the building and construction plastics market. The report also includes the profiles of key building and construction plastics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Arkema Group
- Asahi Kasei Corporation
- BASF SE
- Borealis AG
- Cork Plastics
- E. I. du Pont de Nemours and Company
- INTER PRIMO A/S
- Saudi Basic Industries Corporation (SABIC)
- Solvay S.A.
- The Dow Chemical Company