Global Construction Plastics Market is valued at approximately USD 98.15 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.39% over the forecast period 2022-2029. Construction plastics are plastic materials that are used in the construction industry for a variety of purposes. These plastics are known for their strength, durability, and versatility, which makes them ideal for use in many different applications within construction. Some common types of construction plastics include polyvinyl chloride (PVC), polyethylene (PE), polycarbonate (PC), acrylic, and thermoplastic elastomers (TPE). These materials are often used in the production of pipes, insulation, roofing, flooring, windows, doors, and other building components. The Construction Plastics Market is expanding because of factors such as increase in demand for PVC in the building & construction industry and rise in demand for expanded polystyrene (EPS) plastics and rising spending on construction industry across the globe.
As construction spending increases, there is a greater demand for building materials that can be produced quickly and efficiently. Plastics can be molded into a wide range of shapes and sizes, making them ideal for custom applications, and they can be produced in large quantities at a relatively low cost. Thus, rising spending on the construction industry across the world is fostering market growth. According to Statista, in the year 2019 Construction industry spending worldwide stood at USD 12 trillion which increased to USD 12.9 trillion in the year 2021 and it is projected to reach USD 19.2 trillion by the year 2035. Thus, rising spending in the construction industry is favoring the market growth. In addition, the development of sustainable and eco-friendly technologies by market players are creating lucrative growth in the market. However, the prohibition of PVC Products in Green buildings and Stringent government regulation on the use of plastic may halt market growth.
The key regions considered for the Global Construction Plastics Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising construction industry, rising urbanization, and rising investment for construction activities in the region. Whereas North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising product development and the presence of key market players in the region.
Major market players included in this report are:
- Dowdupont Inc
- BASF SE
- Asahi Kasei Corporation
- Lyondellbasell Industries Holdings B.V.
- Excelite
- ACH Foam Technologies Inc
- Borealis AG
- Solvay S.A.
- Formosa Plastics Corporation
- Saudi Basic Industries Corporation (SABIC)
Recent Developments in the Market:
- In April 2020, BioLogiQ and Nexeo Plastics, a major global distributor of thermoplastic resins, partnered to promote the use of its specialized biopolymers in the construction industry.
- In June 2022, Tide Rock Holdings LLC announced the merging of the four plastics companies it bought last year to become Plastic Molding Technologies LLC, which will offer injection moulding, extrusion, thermoforming, and in-house mould fabrication.
Global Construction Plastics Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Plastic Type, Application, End use, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Plastics Typeofferings of key players. The detailed segments and sub-segment of the market are explained below.
By Plastic Type:
- Expanded Polystyrene (EPS)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride (PVC)
- Others
By Application:
- Pipes
- Window & Doors
- Insulation Materials
- Others
By End User:
- Non-residential
- Residential
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Construction Plastics Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Construction Plastics Market, by Plastics Type, 2019-2029 (USD Billion)
- 1.2.3. Construction Plastics Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Construction Plastics Market, by End Use, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Construction Plastics Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Construction Plastics Market Dynamics
- 3.1. Construction Plastics Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increase in demand for PVC in the building & construction industry
- 3.1.1.2. Rise in demand for expanded polystyrene (EPS) plastics
- 3.1.2. Market Challenges
- 3.1.2.1. Prohibition of PVC Products in Green Building
- 3.1.2.2. Stringent government regulation on use of plastic
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising investment and development of construction industry
- 3.1.3.2. Development of sustainable and eco friendly technologies
Chapter 4. Global Construction Plastics Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Construction Plastics Market, by Plastics Type
- 6.1. Market Snapshot
- 6.2. Global Construction Plastics Market by Plastics Type, Performance - Potential Analysis
- 6.3. Global Construction Plastics Market Estimates & Forecasts by Plastics Type 2019-2029 (USD Billion)
- 6.4. Construction Plastics Market, Sub Segment Analysis
- 6.4.1. Expanded Polystyrene (EPS)
- 6.4.2. Polyethylene
- 6.4.3. Polypropylene
- 6.4.4. Polyvinyl Chloride (PVC)
- 6.4.5. Others
Chapter 7. Global Construction Plastics Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Construction Plastics Market by Application, Performance - Potential Analysis
- 7.3. Global Construction Plastics Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Construction Plastics Market, Sub Segment Analysis
- 7.4.1. Pipes
- 7.4.2. Window & Doors
- 7.4.3. Insulation Materials
- 7.4.4. Others
Chapter 8. Global Construction Plastics Market, by End User
- 8.1. Market Snapshot
- 8.2. Global Construction Plastics Market by End Use, Performance - Potential Analysis
- 8.3. Global Construction Plastics Market Estimates & Forecasts by End User2019-2029 (USD Billion)
- 8.4. Construction Plastics Market, Sub Segment Analysis
- 8.4.1. Non-residential
- 8.4.2. Residential
- 8.5. Market Global Construction Plastics Market, Regional Analysis
- 8.6. Construction Plastics Market, Regional Market Snapshot
- 8.7. North America Construction Plastics Market
- 8.7.1. U.S. Construction Plastics Market
- 8.7.1.1. Plastics Type breakdown estimates & forecasts, 2019-2029
- 8.7.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.7.1.3. End Userbreakdown estimates & forecasts, 2019-2029
- 8.7.2. Canada Construction Plastics Market
- 8.8. Europe Construction Plastics Market Snapshot
- 8.8.1. U.K. Construction Plastics Market
- 8.8.2. Germany Construction Plastics Market
- 8.8.3. France Construction Plastics Market
- 8.8.4. Spain Construction Plastics Market
- 8.8.5. Italy Construction Plastics Market
- 8.8.6. Rest of Europe Construction Plastics Market
- 8.9. Asia-Pacific Construction Plastics Market Snapshot
- 8.9.1. China Construction Plastics Market
- 8.9.2. India Construction Plastics Market
- 8.9.3. Japan Construction Plastics Market
- 8.9.4. Australia Construction Plastics Market
- 8.9.5. South Korea Construction Plastics Market
- 8.9.6. Rest of Asia Pacific Construction Plastics Market
- 8.10. Latin America Construction Plastics Market Snapshot
- 8.10.1. Brazil Construction Plastics Market
- 8.10.2. Mexico Construction Plastics Market
- 8.10.3. Rest of Latin America Construction Plastics Market
- 8.11. Rest of The World Construction Plastics Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Dowdupont Inc
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. BASF SE
- 9.2.3. Asahi Kasei Corporation Inc
- 9.2.4. Lyondellbasell Industries Holdings B.V.
- 9.2.5. Excelite
- 9.2.6. ACH Foam Technologies
- 9.2.7. Borealis AG
- 9.2.8. Solvay S.A.
- 9.2.9. Formosa Plastics Corporation
- 9.2.10. Saudi Basic Industries Corporation (SABIC)
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption