Construction Plastics Market Size Was Valued 153.49 USD Billion By 2029, Expanding At A CAGR Of Nearly 7% During The Forecast Period | Dowdupont, BASF SE, Asahi Kasei Corporation, Lyondellbasell Industries Holdings B.V.

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Construction Plastics <a target="_blank" href="" class ="search_links_in_body">market</a> Size Was Valued 153.49 USD Billion By 2029, Expanding At A CAGR Of Nearly 7% During The Forecast Period | Dowdupont, BASF SE, Asahi Kasei Corporation, Lyondellbasell Industries Holdings B.V. Image

Exactitude Consultancy Market Research analyses that the construction Plastics market will witness a CAGR of 7% for the forecast period of 2023-2029 and is likely to reach at 153.49 USD billion by 2029 from 86.09 USD billion in 2022.

The construction plastics Market Research Report includes in-depth research and insights into the market size, revenues, important categories, growth drivers, limiting factors, and regional industrial presence. The goal of the market research study is to extensively explore the Chemical and Material industry and obtain an understanding of the business and its economic potential. As a consequence, the client gains wide information about the industry and business from the past, present, and future viewpoints, allowing them to spend money and deploy resources wisely. This report is 80 pages long and includes a detailed table of contents, a list of figures, tables, and charts, as well as significant analysis.

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Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2023-2029

Construction Plastics Market Drivers

  • Rise in Usage of Plastics in the Construction Industry is Expected to Propel the Market Growth

Plastics are used in construction industry due to their light weight, due to which it is easier to transport and handle the construction plastics. Construction plastics are resistant to rotting and corrosion, and are also weather resistant. Plastic can be flexible, easily extruded, moulded, and bent. Therefore, construction plastics are usually used in pipes, coverings, cables, panels, sheets, and films. The demand for plastics such as polyethylene terephthalate (PET), expanded polystyrene (EPS), and polyvinyl chloride (PVC), will rise with the growth of building and construction activities in emerging economies. For instance, according to Invest India, by 2025, the building and construction industry is estimated to reach US$ 1.4 Tn. Thus, with the growth of the construction sector, the market for construction plastics is anticipated to propel over the forecast period.

Construction Plastics Market Challenges

  • Environmental Effects of Construction Plastics Will Hamper the Market Growth

The most widely used plastics in construction sector are high density polyethylene (HDPE), expanded polystyrene (EPS), polyethylene terephthalate (PET), and polyvinyl chloride (PVC). Construction plastics are utilized for different applications such as seals, doors, pipes, windows, cables, insulation, and floor coverings. The main challenge of construction plastics is segregation, reuse, and recycle of plastic waste. Construction plastics materials takes up to 1,000 years to degrade in landfill, creating land and water pollution. Additionally, plastics are degraded under direct sunlight which decreases their mechanical strength, also, thermoplastics creeps and softens at moderate temperatures. Thus, the environmental effects of construction plastics will hamper the market growth.

Construction Plastics Market: Demand Analysis and Opportunity Outlook to 2023-2029

The Construction Plastics study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Construction Plastics industry, including: market share, market size (value and volume 2017-2022, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Construction Plastics, which includes drivers and restraints that help in estimating the future growth prospects of the market.

The study pays attention to the loftiest revenue-generating and highest growing segments of the Construction Plastics market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: DowDuPont, BASF SE, Asahi Kasei Corporation, LyondellBasell Industries Holdings B.V., Borealis AG, Solvay S.A., Saudi Basic Industries Corporation (SABIC), Berry Plastics Corporation, Total S.A., Formosa Plastic Group and others.

Recent Developments

  • In April 2020, BASF and Security Matters, Ltd collaborated to accelerate progress towards a circular economy for plastics, to improve the traceability and sorting of plastics in the value chain.

Construction Plastics Market Segmentation:

Construction Plastics Market by Plastic Types, 2023-2029 , (USD Million) (Kilotons)

  • Expanded Polystyrene
  • Polyethylene
  • Polypropylene
  • Polyvinyl Chloride

Construction Plastics Market by Application, 2023-2029 , (USD Million) (Kilotons)

  • Insulation Materials
  • Windows & Doors
  • Pipes

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Geographically, the following regions were investigated:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Construction Plastics market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Construction Plastics market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Construction Plastics report offers data on imports and exports, sales, production and key companies in all studied regional markets

What is the purpose of this report?

  • A thorough review of the Construction Plastics market, including regional markets.
  • Comprehensive coverage of all segments of the Construction Plastics market to assess trends, developments and market size forecasts till 2023-2029.
  • A thorough examination of deals involved in the Construction Plastics market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
  • The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.

There are 13 Sections to show the Construction Plastics market:

Chapter 1: Construction Plastics Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Production, By Types, Revenue, and Market share by Types

Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications

Chapter 7: Complete profiling and analysis of Manufacturers

Chapter 8 : Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10 : Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Construction Plastics Market Forecast

Chapter 13: Construction Plastics Market Research Findings and Conclusion, Appendix, methodology, and data source

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Key questions answered in the report include:

  • What is the growth potential of the Construction Plastics market?
  • Which regional markets will emerge as leaders in the next few years?
  • What are the key challenges facing the Construction Plastics market in the future?
  • Who are the most prominent players in the global Construction Plastics market?
  • What are the key trends positively impacting market growth?

Key Points from TOC:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Global Statistics - Key Countries
    • New Product Launches
    • Pipeline Analysis
    • Regulatory Scenario - Key Countries
    • Recent Industry Developments - Partnerships, Mergers and Acquisitions
  • Global Market Analysis, Insights and Forecast
  • Key Findings/ Summary
    • Market Analysis - By Product Type
    • Market Analysis - By Distribution Channel
    • Market Analysis - By Countries/Sub-regions
  • Competitive Analysis
    • Key Industry Developments
    • Global Market Share Analysis
    • Competition Dashboard
    • Comparative Analysis - Major Players
  • Company Profiles
    • Overview
    • Products and Services
    • SWOT Analysis
    • Recent developments
    • Major Investments
    • Regional Market Size and Demand
  • Strategic Recommendations

    TOC Continued...................

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