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Construction Plastics Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | BASF SE, Asahi Kasei Corporation, DowDuPont, LyondellBasell Industries Holdings B.V.
Construction Plastics Global Market Report
The Business Research Company's Construction Plastics Global Market Report 2023 identifies the increase in the building and construction industry and infrastructural standards is one of the major factors driving the growth of the construction plastic market. Emerging markets that registered robust construction activity included China, Brazil, India, Saudi Arabia, and Indonesia.
The global construction plastics market size grew from $95.23 billion in 2022 to $102.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global construction plastics is expected to grow to $137.34 billion in 2027 at a CAGR of 7.7%.
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Major players in the construction plastics market are BASF SE, Asahi Kasei Corporation, DowDuPont, LyondellBasell Industries Holdings B.V., Borealis AG, Solvay S.A, Saudi Basic Industries Corporation, Berry Plastics Corporation, Total S.A., Excelite, Ach Foam Technologies, Aep Industries Inc., Chevron Phillips Chemical Company L.L.C., China Petrochemical Corporation, Engineered Profiles L.L.C., Formosa Plastics Corporation, and Saint-gobain S.A.
A key trend in the Construction Plastics market includes the increasing preference for recycled plastics is a growing trend in the market. The world population is increasingly becoming aware of the adverse impact of plastic materials on the environment.
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The Construction Plastics market is segmented -
1) By Type: Polyethylene, Polypropylene, Polyvinyl Chloride
2) By Application: Insulation Materials, Pipes, Windows & Doors
3) By End-User: Non-Residential, Residential
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Construction Plastics market.
The Business Research Company's "Global Construction Plastics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Construction Plastics Market Include:
1. Executive Summary
2. Construction Plastics Market Characteristics
3. Construction Plastics Market Trends And Strategies
4. Construction Plastics Market - Macro Economic Scenario
5. Construction Plastics Market Size And Growth
……
27. Construction Plastics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Construction Plastics Market
29. Construction Plastics Market Future Outlook and Potential Analysis
30. Appendix
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