Construction Plastics Market Overview, Demand, Global Industry Share, COVID-19 Analysis and Growth 2023
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 application.
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 2017 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.
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/construction-plastics-market-7171
Construction Plastics Market Regional Analysis
Based on region, the global Construction Plastics
industry 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 2017 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 growth 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.
Competitive 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)
Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report
Read more details at: https://www.marketresearchfuture.com/infographics
Read more details at: https://www.marketresearchfuture.com/videos
About Market Research Future
At Market
Research Future (MRFR), we enable our customers to unravel
the complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
+1 646 845 9312
Comments
Post a Comment