Published by Coherent Market Insights
Posted on September 27, 2021
Building & construction plastics is a polymer that is specially designed for the construction industry. They are used in a wide range of construction application such as cladding & roof membranes, flooring, flooring & wall covering, cables, insulation, piping, and door & window panels.
Growth in the building &construction industry is one the prime factor driving the market growth of the building and construction plastic. Increasing urban population coupled with the changing lifestyle of the consumer especially across developing region such as China and India is augmenting demand for infrastructure which is again fueling the market growth of building &construction plastic over the forecast period.
The global building and construction plastics market is estimated to account for US$ 57,516.4 Mn in terms of value and 53,117.2 Kilo Tons in terms of volume by the end of 2019.
Top Key Players in Construction & Building Plastics market: Arkema SA, Asahi Kasei Corporation, BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF SE, Borelis AG, The Dow Chemical Company, E.I. Du Pont De Nemours and Company, Formosa Plastic Group, PetroChina Co. Ltd., Reliance Co. Ltd., and Solvay SA
Regional Analysis:
The market research report on the global Construction & Building Plastics market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered:
High consumption and production of plastic thanks to rising demand from various end-user industries is predicted to drive the market growth. Advancement within the technology for production of polymer is additionally expected to reinforce the market growth of the building &construction plastic. Moreover, growing awareness regarding the advantage of the polymers like durability, corrosion resistance, and high strength is further propelling its demand.
Increasing development of bioplastic for building and construction applications is expected to provide lucrative market opportunities. For instance, in May 2017, Eastman Chemical Company, the producer of cellulosic materials, introduced Eastman TR VA™, a engineering bioplastics that help global brands concurrently meet their sustainability and performance needs in today’s rapidly evolving marketplace.
The growing popularity of plastic pipes and tubing systems that are basically used in building and on the outer premises of building is projected to offer potential growth opportunities. Plastic pipes are widely used in snow melting, water service, plumbing, fire protection, hydronic heating & cooling, and geothermal piping systems. Emerging such application of plastic in the building and construction industry is projected to propel the market growth over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Construction & Building Plastics market application, trends, growth, opportunities and worldwide forecast to 2027 appeared first on Gatorledger.
Building & construction plastics is a polymer that is specially designed for the construction industry. They are used in a wide range of construction application such as cladding & roof membranes, flooring, flooring & wall covering, cables, insulation, piping, and door & window panels.
Growth in the building &construction industry is one the prime factor driving the market growth of the building and construction plastic. Increasing urban population coupled with the changing lifestyle of the consumer especially across developing region such as China and India is augmenting demand for infrastructure which is again fueling the market growth of building &construction plastic over the forecast period.
The global building and construction plastics market is estimated to account for US$ 57,516.4 Mn in terms of value and 53,117.2 Kilo Tons in terms of volume by the end of 2019.
Top Key Players in Construction & Building Plastics market: Arkema SA, Asahi Kasei Corporation, BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF SE, Borelis AG, The Dow Chemical Company, E.I. Du Pont De Nemours and Company, Formosa Plastic Group, PetroChina Co. Ltd., Reliance Co. Ltd., and Solvay SA
Regional Analysis:
The market research report on the global Construction & Building Plastics market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered:
High consumption and production of plastic thanks to rising demand from various end-user industries is predicted to drive the market growth. Advancement within the technology for production of polymer is additionally expected to reinforce the market growth of the building &construction plastic. Moreover, growing awareness regarding the advantage of the polymers like durability, corrosion resistance, and high strength is further propelling its demand.
Increasing development of bioplastic for building and construction applications is expected to provide lucrative market opportunities. For instance, in May 2017, Eastman Chemical Company, the producer of cellulosic materials, introduced Eastman TR VA™, a engineering bioplastics that help global brands concurrently meet their sustainability and performance needs in today’s rapidly evolving marketplace.
The growing popularity of plastic pipes and tubing systems that are basically used in building and on the outer premises of building is projected to offer potential growth opportunities. Plastic pipes are widely used in snow melting, water service, plumbing, fire protection, hydronic heating & cooling, and geothermal piping systems. Emerging such application of plastic in the building and construction industry is projected to propel the market growth over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Construction & Building Plastics market application, trends, growth, opportunities and worldwide forecast to 2027 appeared first on Gatorledger.
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