Building and Construction Plastics Market, By Product Type (Polyvinyl Chloride (PVC), Polystyrene (PS), Polyurethanes (PU), Polyethylene (PE), Polypropylene (PP), and Others), By Application (Pipes & Ducts, Insulation, Roofing, Doors, Windows, and Others)

Building and Construction Plastics Market, By Product Type (Polyvinyl Chloride (PVC), Polystyrene (PS), Polyurethanes (PU), Polyethylene (PE), Polypropylene (PP), and Others), By Application (Pipes & Ducts, Insulation, Roofing, Doors, Windows, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The building and construction industry has witnessed significant growth over the past few decades. Rapid urbanization, growing population, and rising per capita income are some of the major factors boosting residential and commercial construction activities globally. Plastics have emerged as an indispensable material for the building and construction sector owing to their lightweight, durable, and affordable nature.

Market Dynamics

The global building and construction plastics market growth is driven by robust growth in residential and commercial building projects around the world. Rapid urbanization and rising disposable income have increased demand for new residential units especially in developing economies. Meanwhile, increasing commercial and office spaces owing to growing industries and service sectors are further boosting the use of plastics in construction. However, strict environmental regulations regarding plastic waste disposal and recycling may hinder the market growth to some extent. On the other hand, innovations towards bio-based and recycled content plastics are expected to create new opportunities in the building and construction plastics industry over the forecast period. Properties like corrosion resistance, insulation, and flexibility make plastics highly suitable for various construction applications including pipes, insulation, fittings, doors, and windows. Moreover, advancements in plastic manufacturing technologies have led to the development of high-performance plastics with enhanced structural properties. Thus, the global building and construction plastics market is expected to witness profitable growth in the coming years on account of rising infrastructure investments and the favorable properties of plastics.

Key features of the study

• This report provides in-depth analysis of the global building and construction plastics market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global building and construction plastics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include BASF, DuPont, Dow, LG Chem, SABIC, Arkema, LyondellBasell Industries Holdings B.V., Borealis AG, Solvay, Evonik Industries AG, Covestro AG, Eastman Chemical Company, Huntsman Corporation, Teknor Apex, and Avient Corporation
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global building and construction plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global building and construction plastics market

Market Segmentation

• By Product Type Insights (Revenue, USD Bn, 2019 - 2031)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Polyurethanes (PU)
• Polyethylene (PE)
• Polypropylene (PP)
• Others
• By Application Insights (Revenue, USD Bn, 2019 - 2031)
• Pipes & Ducts
• Insulation
• Roofing
• Doors
• Windows
• Others
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC Countries
• Israel
• Rest of Middle East
• Africa
• South Africa
• North Africa
• Central Africa
• Key Players Insights
• BASF
• DuPont
• Dow
• LG Chem
• SABIC
• Arkema
• LyondellBasell Industries Holdings B.V.
• Borealis AG
• Solvay
• Evonik Industries AG
• Covestro AG
• Eastman Chemical Company
• Huntsman Corporation
• Teknor Apex
• Avient Corporation