The extruded plastic market for construction industry is projected to grow at a CAGR of 4.42% to reach US$50.447 billion by 2024. Plastic extrusion is a high-volume manufacturing process in which raw plastic is melted and formed into a continuous profile such as pipe/tubing, deck railing, window frames, plastic sheets and films and etc. Extrusions of PVC, ABS (acrylonitrile butadiene styrene), polypropylene and etc. are generally used in pipe fittings and many more construction applications. Growing skyscraper construction across the globe is driving the demand for extruded plastics. Furthermore, government policies and initiatives are providing a big boost to the residential construction which is positively influencing the extruded plastic market growth. Thus, the market is set to grow at a decent rate on account of burgeoning construction activities around the globe.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the extruded plastic for construction value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the extruded plastic market for construction industry.
Major industry players profiled as part of the report are BASF SE, Eaton, DS Smith, SFR Industries, Condale Plastics Ltd., Blackwell Plastics, Chevron Philips Chemical Company, Crescent Plastics Incorporated, HEXAPROFILS, and Palram Industries Ltd.
The extruded plastic market for construction industry has been analyzed through following segments:
Polyvinyl Chloride (PVC)
Middle East and Africa
Key insights offered
What will be the extruded plastic market size for construction industry from 2018 to 2024?
How are the major drivers and restraints affecting the extruded plastic market growth for construction industry and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.