Building and Construction Plastics Market, By Product Type (Polyvinyl Chloride, Polystyrene, Polyurethanes, Polyethylene, Polypropylene, and Others), By Application, By Geography

Description

The building and construction plastics market is estimated to be valued at USD 120.21 Bn in 2024 and is expected to reach USD 164.33 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	120.21 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	4.60%	2031 Value Projection:	164.33 Bn

Figure. Building and Construction Plastics Market Share (%), By Region, 2024

Building and Construction Plastics Market - IMG1

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

Product Code: CMI4099

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Building and Construction Plastics Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Building and Construction Plastics Market - COVID-19
Impact Analysis

5. Global Building and Construction Plastics Market, By Product Type, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Polyvinyl Chloride (PVC)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Polystyrene (PS)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Polyurethanes (PU)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Polyethylene (PE)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Polypropylene (PP)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

6. Global Building and Construction Plastics Market, By Application, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pipes & Ducts
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Insulation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Roofing
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Doors
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Windows
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

7. Global Building and Construction Plastics Market, By Region, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- BASF
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- DuPont
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Dow
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- LG Chem
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- SABIC
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Arkema
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- LyondellBasell Industries Holdings B.V.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Borealis AG
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Solvay
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Evonik Industries AG
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Covestro AG
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Eastman Chemical Company
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Huntsman Corporation
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Teknor Apex
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Avient Corporation
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact