Construction plastics Industry Is Growing Massively By 2019-2025 | Major Players: DowDuPont Inc, BASF SE, Borealis AG, Solvay S.A., Formosa Plastics Corporation

The global construction plastics Industry is valued at approximately USD 70.4 billion in 2017 and is expected to grow with a growth rate of more than 7% during the 2019-2025 forecast period. The arrival of the consumption of light and low-cost materials in the Construction Industry, together with the growing popularity of the green building, is considered an important growth trend for the global construction plastics Industry. The adoption of expanded polystyrene and PVC plastics in the construction industry is growing due to the beginning of the concept of green construction. According to the report of the International Energy Agency, the building and construction sectors represent approximately 39% of energy-related carbon dioxide emissions. Therefore, to minimize environmental pollution in the construction sector, the use of green buildings recycles plastic resources that are durable, recyclable, which exhibit high resistance along with the lower environmental impact that increases their use in the construction sector. green construction, Therefore, it is projected that the growing popularity of the concept of green building will boost the demand for plastics in construction.

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Green building concept efforts to minimize the environmental impact of the construction sector that complements the adoption of construction plastics. In addition, growing investments in emerging economies are expected to create lucrative growth prospects for the construction plastics Industry worldwide. However, the strict laws of the regulatory authorities act as a key constraint for the Industry during the forecast period.

Top Players Of This Research Report:
DowDuPont Inc, BASF SE, Borealis AG, Solvay S.A., Formosa Plastics Corporation, Saudi Basic Industries Corporation (SABIC), Ineos Olefins & Polymers USA, Plazit Polygal Group, etc.

The Construction plastics Industry is anticipated to grow in the forecast period owing to driving factors such as massive data generation across various Industry segments, including BFSI, retail, and entertainment industries. Besides, increasing competitiveness is likely to Construction plastics Industry growth.

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The detailed segments and sub-segment of the Industry are explained below:
Global Construction plastics Industry Segmentation By Product Type:
Polyethylene
expanded polystyrene (EPS)
Polypropylene
polyvinylchloride
another type of plastic

Global Construction plastics Industry Segmentation By Application:
insulation materials
doors & pipes
windows
other application

Global Construction plastics Industry Segmentation By End-user:
residential
non-residential

Regional Segmentation: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries, and others.

This report discusses the key drivers influencing Industry growth, opportunities, the challenges and the risks faced by key manufacturers and the industry as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Highlights of the report:

• Reporting and evaluation of recent industry developments
• Industry shares and strategies of key players
• Emerging Construction plastics segments and regional Industry
• An objective assessment of the trajectory of the Industry
• Recommendations to companies for strengthening their foothold in the Industry
• A complete backdrop analysis, which includes an assessment of the parent Industry
• Important changes in Industry dynamics
• Industry segmentation up to the second or third level
• Historical, current, and projected size of the Industry from the standpoint of both value and volume

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This release was published on openPR.