Construction Plastics Market Insights
Construction plastics market is likely to witness an impressive CAGR of 6.5% during the forecast period. The major factor for the growing demand for construction plastics is their properties, such as low cost, high durability and lightweight property, which is driving the market.
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Construction Plastics Market - Snapshot
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Growth
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6.5% for the next five years
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Major Plastic Type
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Polyvinyl Chloride
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Major Application Type
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Pipes
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Dominant End-User Type
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Building & Construction
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Region with the highest demand
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Asia-Pacific
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Key Players
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DowDuPont, Inc., BASF SE, Asahi Kasei Corporation, LyondellBasell
Industries Holdings B.V., Borealis AG, and Solvay S.A.
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Market Share Analysis
Construction Plastics Market Share: By Plastic Type
Based on the plastic type, the market is segmented as expanded polystyrene, polyethylene, polypropylene, polyvinyl chloride, and others. The polyvinyl chloride (PVC) segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. PVC has various properties, such as flexibility, durability, insulation, design freedom, scratch resistance, and thermal conductivity. It is majorly used in pipes application.
Construction Plastics Market Share: By Application Type
Based on the application type, the market is segmented as pipes, windows & doors, insulation materials, and others. The pipes segment dominated the plastic construction market in 2019, owing to properties, such as durability, corrosion resistance, and cost efficiency. Plastics are preferred in pipes for transmission of fluids and various substances. The segment is estimated to maintain its dominance during the forecast period as well.
Construction Plastics Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing construction plastics market during the forecast period, with China and India being the major countries having abundance of raw material and cheap labor, the advantage of low-cost manufacturing is also a major consideration. China is estimated to be the largest country in the Asia Pacific region’s construction plastics market.
Some of the major construction plastic manufacturers are-
- DowDuPont, Inc.
- BASF SE
- Asahi Kasei Corporation
- LyondellBasell Industries Holdings B.V.
- Borealis AG
- Solvay S.A.
Market Scope & Segmentation
Construction plastics is the broad name for a family of synthetic materials that are derived from petrochemicals. Although plastics are not much visible in buildings, they are used in a wide and emerging range of applications, including piping, insulation, window frames and interior design.
Construction plastics are of different types such as expanded polystyrene, polyethylene, polypropylene, polyvinyl chloride, and others. They are used in different applications such as pipes, windows & doors, insulation materials, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Construction Plastics Market Research Report - Features
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Market Segmentation
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4
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The construction plastics market is segmented into the following categories.
Construction Plastics Market Size, Share, & Forecast, by Plastic Type:
- Expanded Polystyrene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyethylene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polypropylene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyvinyl Chloride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Construction Plastics Market Size, Share, & Forecast, by Application Type:
- Pipes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Windows & Doors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Insulation Materials (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Construction Plastics Market Size, Share, & Forecast, by End-User Type:
- Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Non-residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Construction Plastics Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the plastics types by end-user type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
