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$100+ Billion Construction Plastics (Expanded Polystyrene, Polyethylene, Polypropylene, Polyvinyl Chloride) Market - Global Forecast to 2023 - ResearchAndMarkets.com

January 4, 2019

DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--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

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005144/en/

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Related Topics:Building Materials

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/04/2019 04:45 AM/DISC: 01/04/2019 04:45 AM

http://www.businesswire.com/news/home/20190104005144/en

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