Construction Plastics Market Analysis, Size, Segmentation and Status 2019-2026

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Construction Plastics Market To Reach USD 128.12
Billion By 2026
2
Market Summary
Market Size USD 75.6 Billion in 2018, Market
Growth - CAGR of 6.9, Market Trends Product
launches and research for advanced plastics
According to the current analysis of Reports and
Data, the global construction plastics market was
valued at USD 75.6 Billion in 2018 and is
expected to reach USD 128.12 Billion by year
2026, at a CAGR of 6.9 . The study covers in
depth usage of plastic used in the construction
sector. 

• Further key findings from the report suggest
• Plastic is widely used in the construction sector
  because of its unique characteristics such as
  sustainability, cost efficiency, effective
  insulation, durability, resistance to corrosion,
  fire resistance, less maintenance. Thus, this has
  made plastic an economically attractive option
  everywhere in the construction sector
• BASF AG, German chemical company, launched a new
  innovative insulation material Neopor in 2018.
  Neopor is comprised of small black beads of
  polystyrene (EPS) containing blowing agent, which
  makes it expandable. BASF produces this unique
  material, which is processed by foam
  manufacturers into insulating materials for a
  wide range of different applications.
• Based on application, Pipes segment is
  anticipated to be the largest segment of the
  market. Pipes are composed of lightweight
  materials and plastics. The market is driven by
  number of factors such increasing demand for
  lightweight materials and major qualities that
  plastic possesses such as thermal conductivity,
  durability, scratch resistance. It holds 71.4
  of the total market share in construction
  plastics.

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Market Summary
Key Players
DowDuPont, BASF SE, Asahi Kasei Corporation,
LyondellBasell Industries Holdings B.V., Borealis
AG, Solvay S.A., Saudi Basic Industries
Corporation (SABIC), and Total S.A
Segmentation

• Segmentation by Types
• Polyvinyl Chloride
• Polypropylene
• Polyethylene
• Expanded Polystyrene
• Segmentation by Application
• Windows Doors
• Pipes
• insulation materials

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Market Summary
Regional Outlook North America U.S. Canada Europe
Germany France UK Spain Italy Rest of the
Europe Asia Pacific China India Japan Rest of
Asia-Pacific Middle East Africa Latin
America Brazil
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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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