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Building & Construction Plastics Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_7752 | Date : Jan, 2023 | Pages : 182 | Region : Global

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Building and construction plastics are the key factors that make the infrastructure stronger, lighter, and sustainable. These are used for various purposes such as roofing, insulation, waterproofing, reinforcement, and others.
The global building and construction plastics market is driven by high durability, low cost, and non-corrosive property of these materials; changing lifestyles of the population; and rapid urbanization. However, inability of some building and construction plastics to withstand cold conditions, softening at higher temperatures, and weakening & formation of fading appearances due to exposure to UV rays hamper the market growth. Moreover, the toxic nature of such plastics, growing in environmental concerns, and stringent laws by regulatory bodies are the other detrimental factors for the market growth. Furthermore, technological advances such as use of thermoplastics and thermosetting plastics in sanitary equipment, piping, and shuttering along with applications of bio-based and biodegradable plastics present lucrative opportunities for the market players during the forecast period.
The flourishing construction industry in countries such as Brazil, India, and China is the chief driver of the global building and construction plastics market. Rapid urbanization and changing lifestyles in developing economies are also leading to increased demand from the building and construction plastics market. However, the market is expected to suffer from reduced demand for many traditional plastics owing to growing environmental concerns. This factor, however, is expected to create new growth opportunities for the market in the form of biobased and biodegradable plastics.
The Global Building & Construction Plastics Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Building & Construction Plastics Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Borealis
The Dow Chemical Company
BASF
DuPont
PetroChina
Arkema
Solvay


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Acrylics
Polyurethanes (PU)
Thermoplastics Elastomers (TPE)
Composite Materials
Others

In Market segmentation by applications :
Pipes & Ducts
Insulation 
Door Fittings
Others 

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Building & Construction Plastics Market for the forecast period 2023-2030?
• What are the driving forces in the Building & Construction Plastics Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Building & Construction Plastics industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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