Research and Markets has announced the addition of the "Global Building and Construction Plastics Market Trends & Opportunities 2013 - 2019" report to their offering.
Companies such as BASF SE, DuPont, Borealis AG, The Dow Chemical Company, Solvay SA, Arkema SA and PetroChina Ltd. account for less than 10% market share each. In addition, the building & construction plastics market is dominated by large global manufacturers of building & construction plastics.
Building & construction plastics are organic polymers of higher molecular mass often containing additives. The plastics are preferred in building & construction as it is light weight and energy efficient. In addition, plastics have several characteristics such as scratch resistance, durability, design freedom and flexibility.The plastics used in the building & construction have lower maintenance and range of waste management options. The building & construction plastics are classified as PVC, PS, acrylics, PU, TPE, composite materials and others (PET, PP, PE, etc.).
PVC is the most used plastic in the building& construction industry.PVC finds applications in pipes & ducts, windows & door profiles and roofing. Composite materials are second largest market for building& construction plastics and are used in concrete reinforcement and bathroom accessories among others. Acrylics and TPE are expected to grow in the near future due to increasing demand from the construction industry with flexible design.Other types of plastics finds applications in roofing, cladding and insulation.
Building & construction plastics are used in the infrastructure industry in major applications such as pipes & ducts, insulation, door fittings and others. The other significant applications of building & construction plastics include cladding, floor and wall insulation,water proofing, concrete reinforcement and windows & door profiles. In addition, there is a huge demand of plastics from building & construction industry. The demand has increased due to various applications in flexible architectural designs and renovation of old buildings.