Global Construction Plastics market is expected to reach USD 143.23 billion by 2025 at a CAGR of 7.13% from 2018 to 2025. The key contributing factors for the growth are increase in construction activities in both residential and non-residential sectors as well as cost effectiveness quality of plastics over conventional materials.
Market Overview:
Plastics are increasingly replacing the conventional construction materials due to their superior cost effectiveness, weight to strength ratio and ease of application. Huge construction activities in residential as well nonresidential sectors are proving to be a major driving force for the growth of the market. Increasing urbanization, push for improving and retrofitting the existing housing structures as well as global emphasis on recycling of plastic materials has also provided fillip to research and development of new plastic materials for construction purposes.
Report Description:
Market Dynamics:
Drivers:
Restrains:
Opportunities:
Challenges:
Global Construction Plastics Market Key Findings:
Global Construction Plastics Market is segmented on Plastic type and Application.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Asia Pacific region dominated the global construction plastics market with 48.65% of the market share by revenues in 2017.
Global Construction Plastics Market Competitive Analysis:
The major players in global Construction Plastics markets are BASF AG, Borealis AG, The DowDupont Chemical Company, Solvay SA, Trinseo, LyondellBasell Industries Holdings BV, Saudi Basic Industries Corporation (SABIC), Total S.A., Asahi Kasei Corporation, Berry Plastics Corporation, LG Chemicals, INEOS Group Holdings SA, Lanxess Aktiengesellschaft, Koninklijke DSM N.V, Chevron Phillips Chemical Company and others. Increasing demand for construction plastics is making all these firms to develop more and more innovative products to remain ahead of the curve. For instance BASF AG launched a new innovative insulation material Neopor® in 2018. The grey plastic granular material Neopor® is a construction grade, graphite enhanced polystyrene (GPS) insulation. It contains specially embedded graphite particles that reflect heat radiation like a mirror and reduce heat loss in a building.
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Scope
Key Points |
Information |
Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size} Volume (Kilotons) |
USP of Report |
Industry and Technology Trends Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
Base Year |
2017 |
Historical Years |
2015-2016 |
Forecast Period |
2018-2025 |
Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the Global Construction Plastics market on the basis of below mentioned segments:
Global Construction Plastics Market by Plastic Type:
Global Construction Plastics Market by Applications:
Global Construction Plastics Market by Region:
List of Table
List of Figures
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