2023년 January 29일

건축 및 건설 플라스틱 시장 점유율, 향후 동향, 성장, 산업 분석, 수요, 지역 분석 및 2029년 예측

The global building & construction plastics market size is projected to expand at a notable pace owing to the astronomical rise in construction activities worldwide, observes Fortune Business Insights™ in its report, titled “Building & Construction Plastics Market, 2022-2029”. Rapidly expanding urban agglomerates and escalating demand for housing, especially in developing economies such as India and China, have necessitated a heightened intensification of building and construction projects worldwide. Recent estimates released by Oxford Economics and Global Construction Perspectives show predict that over the next decade the volume of construction output will increase by 85% annually, reaching USD 15.5 trillion by 2030. The main driving countries of the global construction industry will be China, India, and the US, which will account for nearly 57% of the expected rise. As a result, the adoption of building & construction plastics is likely to get boosted in the process as these materials play a critical role in flooring, roofing, insulation, and piping.

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Market Segments:

Based on material type, the market has been categorized into polyethylene, polyvinyl chloride, polycarbonate, polypropylene, expanded polystyrene, and others. By application, the market segments include pipes & ducts, roofing, insulation, door & windows, wall covering, and others. On the basis of region, the market has been classified into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Highlights of the Report:

The report strives to provide a precise depiction of the industry trends and outlook, along with a detailed assessment of the factors driving and restraining the market. Further, the report contains a comprehensive study of all the individual market segments and encompasses primary, secondary, and tertiary research to explain the key aspects of the market. Lastly, the report offers actionable insights into the regional dynamics and developments in the competitive landscape of the market.

Restraining Factor

Rising Plastic Pollution Worldwide May Inhibit Market Growth

One of the primary restraints for the building & construction plastics market growth is the unhindered and rampant plastic pollution taking around the globe. A study conducted by the University of Leeds, UK, which also involved the University of Oxford, found that unless effective measures are adopted by countries, over 1.3 billion tons of plastics is will be let loose into oceans and lands between 2016 and 2040. Every year, as per the findings of the study, roughly 30 million tons of plastic waste is dumped on land, while 50 million is burned in the open, and nearly 11 million tons flows into the seas. Furthermore, according to Greenpeace, only 9% of plastic waste generated worldwide gets recycled. Growing awareness about the harmful effects of polymers on the environment and human health is highly likely to impact the employment of building & construction plastics, as builders shift to more sustainable materials.

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Regional Insights

Exponential Growth in Construction to Propel the Asia Pacific Market

As mentioned in the preceding section, India and China are expected to register spectacular growth in their respective construction sectors in the approaching decade. The growth trajectory in these two countries will be driven by rapid urbanization, steady economic development, huge demand for housing, and massive government spending on infrastructure. Thus, India and China will aid Asia Pacific to dominate the building & construction plastics market share in the forthcoming years.

The market in North America is also expected to exhibit promising growth due to the increasing utilization of plastics in the region and technological advancements in the construction industry. In Latin America, speedy growth in urban populations will stoke the adoption of building & construction plastics in the foreseeable future.

Competitive Landscape

Key Players to Focus on Circular Plastic Economy, says Fortune Business Insights

Leading companies are ushering in a new era for the building & construction plastics space by developing technologies and solutions to advance plastic recycling. These innovations are likely to garner wider acceptance for the key market players’ offerings among not just builders, but also consumers.

Industry Development:

  • 2020년 10월: Chevron Phillips Chemical은 미국에서 차세대 재활용 기술을 통해 최초의 상업적 규모의 폴리에틸렌 생산을 성공적으로 완료했다고 발표했습니다. 이 화학 재활용 기술은 플라스틱 폐기물을 석유화학 제품으로 변환할 수 있는 사용 가능한 액체로 변환합니다.

건축 및 건설 플라스틱 시장 보고서에서 다루는 주요 선수 목록 :

  • 신뢰 산업
  • Wanhua 화학 그룹 Co., Ltd
  • 페트로차이나 컴퍼니 리미티드
  • 보레알리스 AG
  • 사빅
  • 쉐브론 필립스 화학
  • LyondellBasell 산업 홀딩스 BV
  • 바스프 SE
  • SIBUR 토볼스크
  • 포모사 플라스틱 공사
  • 토탈 SA
  • 솔베이 SA
  • INEOS 그룹 홀딩스
  • LG화학㈜

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회사 소개:

Fortune Business Insights™는 정확한 데이터와 혁신적인 기업 분석을 제공하여 모든 규모의 조직이 적절한 결정을 내릴 수 있도록 지원합니다. 우리는 고객을 위한 새로운 솔루션을 맞춤화하여 고객이 비즈니스에 고유한 다양한 문제를 해결할 수 있도록 지원합니다. 우리의 목표는 그들이 운영하고 있는 시장에 대한 세분화된 개요를 제공하는 전체적인 시장 인텔리전스로 그들에게 권한을 부여하는 것입니다.

문의하기:

포춘 비즈니스 인사이트 Pvt. (주)

아이콘타워 9층,

Baner – Mahalunge Road, Baner,

푸네-411045, 마하라슈트라, 인도.     

핸드폰:

미국: +1 424 253 0390

영국: +44 2071 939123

아시아 태평양: +91 744 740 1245

이메일:  [email protected]

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