DUBLIN--(BUSINESS WIRE)--The "Construction Plastics Market by Plastic Types (Expanded Polystyrene, Polyethylene, Polypropylene, Polyvinyl Chloride), Application (Insulation Materials, Windows & Doors, Pipes), End User, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The construction plastics market is estimated to be USD 75.6 billion in 2018 and is projected to reach USD 105.7 billion by 2023, at a CAGR of 6.9%.
The growth in consumption of lightweight materials, such as plastics is driving the demand for construction plastics. The low cost of plastics compared with other substitute materials is also a driving factor for the growth of construction plastics market. However, volatile prices of crude oil, a major raw material of plastics, is a potential restraint for the growth of the market. China's slowing economy and the prohibition of the use of PVC products in green buildings are some of the potential restraints of the market.
Market Dynamics
Drivers
- Increasing Demand for PVC in Building & Construction Industry
- Increasing Demand for Expanded Polystyrene (EPS) Plastics
Restraints
- China's Slowing Economy
- Prohibition of PVC Products in Green Building
Opportunities
- Increasing Investments and Financial Attractiveness in Emerging Economies
- High Demand for Construction Plastics in Asia Pacific
Challenges
- Volatility in Crude Oil Prices
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Construction Plastics Market, By End User
7 Construction Plastics Market, By Application
8 Construction Plastics Market, By Plastic Type
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- ACH Foam Technologies
- Aep Industries Inc.
- Asahi Kasei Corporation
- BASF SE
- Berry Plastics Corporation
- Borealis AG
- Chevron Phillips Chemical Company LLC
- China Petrochemical Corporation
- Dowdupont Inc
- Engineered Profiles LLC.
- Excelite
- Formosa Plastics Corporation
- Ineos Olefins & Polymers USA
- JM Eagle
- Lyondellbasell Industries Holdings B.V.
- PJSC Sibur Holding
- Plazit Polygal Group
- Saint-Gobain S.A.
- Saudi Basic Industries Corporation (SABIC)
- Sigma Plastics Group
- Solvay S.A.
- Sumitomo Chemical
- Total S.A.
For more information about this report visit https://www.researchandmarkets.com/research/gh9582/100_billion?w=4
