Press release
Building and Construction Plastics Market illuminated by new report - key player BASF, Arkema, Borealis, SABIC, Solvay, Dow
Plastics are widely used in building and construction segment for interior designing, insulation, piping, and window frames among other applications. Properties such as durability, lightweight, resistance to corrosion, flexibility, process ability make plastics suitable for a wide range of building and construction products. Besides, most safety products, such as automated firefighting systems, smoke detectors, and alarms, are primarily made of plastics.Polyvinyl chloride (PVC) possess excellent fire performance properties and is a leading polymer used in the building and construction sector. Innovations in design, dimensions, and features are mainly possible with plastics. Plastics are not only easy to install and operate but also require little maintenance. Also, the flexibility of plastics enables the pipes to cope with soil movements.
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, increasing adoption of plastic materials for construction due to their low cost, lightweight, and physical properties further contributes to the growth of the building and construction plastics market.
However, growing concerns on environmentally safe building materials and prohibition of PVC in green building restrict the growth of the building and construction plastics market. Nonetheless, high demands from emerging economies and growing use of recycled plastics for construction offer lucrative opportunities for the major players operating in the building and construction plastics market during the forecast period.
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Leading key market players mentioned in the report:-
• BASF
• Arkema
• Borealis
• SABIC
• Solvay
• Dow
• Asahi Kasei Plastics North America, Inc.
• Asahi Kasei Europe GmbH
• E.I. du Pont de Nemours and Company
• Inter Primo A/S - Primo Group
The global building and construction plastics market is segmented on the basis of plastic type, application, and end user. Based on plastic type, the market is segmented as polyurethanes, polyethylene, polystyrene, polyvinyl chloride, and others. On the basis of the application the market is segmented as windows, wall coverings, pipes and ducts, insulation, roofing, and others. The market on the basis of the end user is classified as non-residential and residential.
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
What the report features:-
• Global analysis of Building and Construction Plastics market from 2019 – 2027 illustrating the progression of the market.
• Forecast and analysis of Building and Construction Plastics market by Dosage, Route of Administration and Application from 2019 – 2027
• Forecast and analysis of Building and Construction Plastics market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global building and construction plastics market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 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 building and construction plastics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides 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.
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 partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from building and construction plastics market are anticipated to 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.
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