Construction Plastics Market Share Report, Growth Trend Statistics, Competitor Landscape, Industry Size, Demand, Features, Application and Global Forecast to 2023
Construction Plastics Market: Information by Type (PVC, Polyurethane, Polypropylene and Polyethylene), Application (Window, Roofing, Flooring, Insulation and Piping), and Region (Asia-Pacific, North America, Europe, and Others) — Global Forecast till 2023
Pune, India – July 16, 2019 /MarketersMedia/ —
Construction Plastics Market Overview:
A rapid acceleration noticed in the technological development to achieve greater economies of scale has led to the invention and adoption of numerous cost-effective materials over conventional construction materials. These materials are much better when it comes to performance, and easier to maneuver and handle. Construction plastics are widely used in the construction industry owing to its advantages over conventional materials. Additionally, they aid in the improvement of overall aesthetics of the structure and are easier to maintain.
The latest analysis by Market Research Future (MRFR) has suggested that the global construction plastics market is anticipated to augment at an accelerated rate through the forecast period. Demand for construction plastics across the globe is expected to skyrocket owing to the increasing infrastructural activities around the world, specifically in developing countries.
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Construction Plastics Market Key Players Analysis:
Some of the distinguished players in the global construction plastics market include;
• 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)
• Trinseo (US)
Construction Plastics Market Segmentation:
The global construction plastics market analysis presented by Market Research Future (MRFR) has included a study of different types of construction plastics, several end-use industries which use construction plastics, and various applications of construction plastics. The different types of construction plastics studied include polyethylene, polypropylene, polyvinyl chloride (PVC), polyurethane, polycarbonate, and polystyrene.
Several applications of construction plastics that have been analyzed in this report include window, piping, ducts, flooring, roofing, walls, and insulation. Residential construction, renovation, commercial construction, and reconstruction are a few end-user industries that are fueling the demand for construction plastics over the forecast period.
Construction Plastics Market Regional Analysis:
The global construction plastics market has been studied explicitly for various regions such as North America, South America, Asia Pacific, Europe, and the Middle East & Africa. Among these regions, the Asia Pacific held the highest percentage of the global construction plastics market at the beginning of the forecast period. This market dominion can be credited to the increasing infrastructural activities in several developing countries such as India, Thailand, Malaysia, Indonesia, and Vietnam.
North America is projected to fetch a substantial share in the global construction plastics market owing to the mushrooming construction industry in the region and increasing prevalence of green buildings. On the other hand, Europe is likely to witness a moderate CAGR due to sluggish growth in the construction industry in the region.
The Middle East & Africa is anticipated to grow at a fast pace, due to proliferated construction activities and a surge noted in the HVAC market in the region. Further, the proposed investment of USD 2700 billion across GCC nations is expected to create new growth opportunities for construction plastics over the review period. Similarly, Latin America is expected to witness significant growth during the forecast period owing to rapid urbanization and fast-paced industrialization in the region.
Construction Plastics Market Table of Content to be Continue…….,
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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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/construction-plastics-market-7171
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