USD 92.74 billion
Report ID: SQMIG20B2026 | Region: Global | Published Date: July, 2023 | Pages: 157 | Tables: 64 | Figures: 75
Construction Plastics Market size was valued at USD 92.74 billion in 2021 and is poised to grow from USD 99.23 billion in 2022 to USD 170.50 billion by 2030, at a CAGR of 7% during the forecast period (2023-2030).
The Global Construction Plastics Market is a dynamic and rapidly growing industry that encompasses the production, supply, and utilization of various plastic materials in the construction sector. With the increasing demand for sustainable and cost-effective building solutions, construction plastics have gained significant traction as a versatile and durable alternative to traditional construction materials. The market is driven by several factors, including urbanization, population growth, infrastructure development, and technological advancements. Construction plastics find wide-ranging applications in roofing, insulation, windows and doors, pipes and fittings, flooring, and wall cladding, among others. They offer benefits such as lightweight, corrosion resistance, thermal and acoustic insulation, energy efficiency, design flexibility, and ease of installation, making them highly sought-after in the construction industry. Moreover, the growing emphasis on environmentally friendly construction practices has fueled the adoption of recyclable and eco-friendly plastics, contributing to the market's expansion. Key players in the global market include major manufacturers, suppliers, and distributors who cater to the diverse needs of residential, commercial, and industrial construction projects worldwide. The market is highly competitive and characterized by continuous research and development efforts to introduce innovative plastic products that meet evolving construction requirements. As the construction industry continues to evolve and embrace sustainable practices, the global market is projected to witness steady growth in the coming years.
US Construction Plastics Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 92.74 billion
polyvinyl chloride (PVC)
polyvinyl chloride (PVC)
To get more reports on the above market click here to Buy The Report
The Global Construction Plastics Market is segmented on the basis of type, application, and region. Based on type, the market can be segmented into PVC, polyurethane, polypropylene and polyethylene. Based on application, the market is segmented into Window, roofing, flooring, insulation and piping. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Construction Plastics Market Analysis By Type
The dominant segment in the Global Construction Plastics Market is PVC (Polyvinyl Chloride). PVC is widely used in the construction industry due to its excellent properties such as durability, versatility, and cost-effectiveness. It is extensively utilized in applications such as pipes and fittings, window profiles, roofing, and insulation materials. PVC's popularity can be attributed to its resistance to chemicals, weathering, and fire, making it a preferred choice for construction projects globally.
On the other hand, the fastest-growing segment in the Global Construction Plastics Market is Polyurethane. Polyurethane offers exceptional thermal insulation properties, high strength-to-weight ratio, and excellent adhesion capabilities. It finds increasing applications in construction materials like insulation panels, adhesives, sealants, and coatings. The growing demand for energy-efficient buildings and the need for sustainable construction solutions have propelled the adoption of polyurethane in the construction industry, driving its rapid growth within the market.
Construction Plastics Market Analysis By Application
The dominant segment in the global construction plastics market is roofing. Roofing materials made from construction plastics, such as PVC and polyethylene, are widely used due to their durability, weather resistance, and cost-effectiveness. Roofing plastics offer excellent protection against harsh weather conditions, UV radiation, and corrosion, making them a preferred choice for both residential and commercial buildings.
The fastest-growing segment in the Global Construction Plastics Market is insulation. Insulation materials made from polyurethane and polyethylene plastics are experiencing rapid growth due to the increasing emphasis on energy efficiency in construction. Plastic insulation provides superior thermal resistance, reduces heat transfer, and improves energy efficiency in buildings. With a rising focus on sustainable construction practices and stricter regulations on energy consumption, the demand for plastic insulation in residential, commercial, and industrial buildings is expected to witness significant growth in the coming years.
To get detailed analysis on other segments, Request For Sample Report
The dominant region in the Global Construction Plastics Market is Asia Pacific. Asia Pacific holds the largest market share due to rapid urbanization, infrastructural development, and a growing population in countries like China, India, and Southeast Asian nations. The region's construction industry is witnessing robust growth, leading to increased demand for construction plastics across various applications such as roofing, piping, insulation, and more.
The fastest-growing region in the Global Construction Plastics Market is the Middle East and Africa. The region is experiencing substantial growth in construction activities driven by investments in infrastructure projects, commercial and residential buildings, and tourism-related developments. With rising urbanization, a need for sustainable building solutions, and government initiatives promoting infrastructure development, the demand for construction plastics in the Middle East and Africa is expected to witness significant growth in the coming years.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Construction Plastics Market Drivers
Increasing demand for sustainable and cost-effective building solutions
Construction Plastics Market Restraints
Environmental concerns associated with plastic waste and disposal
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
The competitive landscape of the Global Construction Plastics Market is characterized by intense competition among various players operating in the industry. These players strive to gain a competitive edge through product innovation, expansion of production capacities, strategic collaborations, and mergers and acquisitions. The market is highly fragmented, with a mix of large multinational corporations, regional players, and small-scale manufacturers. Continuous research and development efforts are being undertaken to introduce advanced construction plastic products that meet evolving customer demands. Additionally, players in the market are focusing on sustainability, incorporating recycled materials, and adopting environmentally friendly manufacturing processes to cater to the increasing demand for eco-conscious construction solutions. The competitive landscape is dynamic and evolving as companies aim to capture a larger market share and establish a strong presence in key regions across the globe.
Construction Plastics Market Top Player’s Company Profiles
Construction Plastics Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Construction Plastics Market analysis, global market is a rapidly growing industry driven by the increasing demand for sustainable and cost-effective building solutions. Construction plastics, such as PVC, polyurethane, polypropylene, and polyethylene, find widespread applications in roofing, insulation, windows, pipes, flooring, and more. They offer benefits such as durability, energy efficiency, design flexibility, and ease of installation. The market is dominated by PVC, while polyurethane is the fastest-growing segment. In terms of applications, roofing is the dominant segment, while insulation is the fastest-growing segment. The market is highly competitive, with players focusing on product innovation and sustainability. Key market trends include the emphasis on sustainable construction practices and the use of recycled materials. The market is geographically diverse, with Asia Pacific leading in terms of market share, and the Middle East and Africa as the fastest-growing region. However, environmental concerns related to plastic waste and disposal pose challenges to the market. Overall, the global market is projected to witness steady growth in the coming years as the construction industry continues to evolve and embrace sustainable practices.
|Market size value in 2021
|USD 92.74 billion
|Market size value in 2030
|USD 170.50 billion
|Forecast Unit (Value)
|North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Construction Plastics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Construction Plastics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Construction Plastics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Construction Plastics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.