The study will cover the market intelligence and information for a period of 12 years from 2014 to 2026. The base year for the study is 2020.
Global Construction Plastics Market Forecast:
The global Construction Plastics Market is anticipated to recoup from the effects of COVID-19 starting from the year 2021 and will grow at a modest CAGR during the forecast period of 2021-2026.
Construction plastics market is likely to witness an impressive CAGR of 6.5% during the forecast period.
The market is estimated through a rigorous triangulation process of internal data, secondary analysis and the insights gained from the primary interviews with industry experts.
The Construction Plastics Market growth depends upon numerous factors which have direct or indirect impact the demand.
The key factors governing the demand for Construction Plastics Market are:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
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Construction Plastics Market Segmentation:
Construction plastics is the broad name for a family of synthetic materials that are derived from petrochemicals. Although plastics are not much visible in buildings, they are used in a wide and emerging range of applications, including piping, insulation, window frames and interior design.
Construction plastics are of different types such as expanded polystyrene, polyethylene, polypropylene, polyvinyl chloride, and others. They are used in different applications such as pipes, windows & doors, insulation materials, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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COVID-19 IMPACT Analysis on Construction Plastics Market
COVID-19 has affected all the businesses, small or big, present in any sector. The dynamics of Construction Plastics Market have seen a huge shift in the year 2020. The market environment and the way of operations have taken a huge turn and have led to many changes in the processes, which will have repercussions for a long period. 2021 is likely to be better than 2020 for the Construction Plastics Market players as most of the businesses have resumed their operations and the demand is getting restored for them.
Note: This report will be updated to incorporate the impact of COVID-19 on the market forecast for the period of 2021 to 2026.
Construction Plastics Market Competitive Analysis:
The report studies the competitive framework and business environment via different analytical frameworks such as
- Porters Five Forces Model
- SWOT Analysis
- PEST Analysis
- Success Factors
- Growth Matrix
The key players in Construction Plastics Market are:
- ACH Foam Technologies, Inc.
- Asahi Kasei Corporation
- BASF SE
- Borealis AG
- DowDuPont, Inc.
- Formosa Plastics Corporation
- Lyondellbasell Industries Holdings B.V.
- Saudi Basic Industries Corporation (SABIC)
- Solvay S.A.
The Construction Plastics Market report benchmarks the major competitors on critical parameters, some of which are mentioned below:
- Sales from the Construction Plastics Market segment
- Geographic diversification
- New product launches
- Market Share
- Strategic alliances, mergers and acquisitions
- Alignment with the market
- Regional dominance of the competitors
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