Understand the significant growth trajectory of the Pipe Application segment, which is expected to reach USD 72.7 billion by 2030 at a CAGR of 8.5%. The Windows & Doors application segment is also set to grow at 7.5% CAGR during the analysis period. Gain insight into the US market, which was valued at $29.6 billion in 2023, and China, projected to grow at an impressive CAGR of 11.1% to reach $44.8 billion by 2030. Discover growth trends in regions of other key markets, including Japan, Canada, Germany, and Asia-Pacific.
Construction plastics market
Construction plastics market
Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) — The Construction Plastics – Global Strategic Business Report has been added to ResearchAndMarkets.com’s offering.
The global construction plastics market was valued at USD 112.3 billion in 2023 and is projected to reach USD 187.1 billion by 2030, growing at a CAGR of 7.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends. drivers and forecasts, helping you make informed business decisions.
These plastics include PVC (polyvinyl chloride), HDPE (high density polyethylene), polystyrene and polycarbonate, each designed for specific properties such as strength, insulation and weather resistance. Construction plastics are lightweight, cost-effective and resistant to corrosion, moisture and chemicals, making them ideal for structural and decorative applications. In modern construction, plastics are essential for improving material efficiency, reducing installation time, and providing durable options that meet long-term performance requirements.
Growth in the construction plastics market is driven by several factors, including the demand for durable and lightweight construction materials, technological advancements in durable plastics, and increasing urbanization. As construction projects expand, especially in developing economies, construction plastics offer an affordable and reliable alternative to traditional materials. Technological advances, such as recycled, bio-based and energy-efficient plastics, are improving the sustainability and performance of construction plastics, aligning with the industry’s focus on environmentally friendly practices.
Rising energy costs and environmental regulations have also driven demand for plastics that contribute to energy efficiency in buildings, such as insulating and weather-resistant materials. The rise of prefabricated and modular constructions has further increased the demand for plastics, as they support lightweight, customizable and easy-to-install components. Additionally, the low maintenance and longevity of construction plastics make them an attractive choice for residential and commercial projects that require durable and cost-effective solutions. Together, these factors drive strong growth in the construction plastics market as builders look for materials that offer efficiency, flexibility and durability in construction.
What are the main applications of construction plastics in all types of buildings?
Construction plastics are widely used in residential, commercial and infrastructure projects due to their durability, cost-effectiveness and design flexibility. In plumbing and electrical applications, HDPE and PVC pipes are widely used due to their resistance to corrosion, chemicals and moisture. For windows, doors and frames, plastic materials such as PVC offer insulation, weather resistance and low maintenance requirements, making them popular in energy-efficient buildings. In roofing and cladding, polycarbonate and PVC sheets are favored for their lightweight nature and durability, providing protection and aesthetics to commercial and industrial structures.
Insulation materials, such as polystyrene and polyurethane foam, are commonly applied to walls and roofs to improve energy efficiency by reducing heat transfer. Construction plastics are also used in flooring and interior trim, where they provide a cost-effective, low-maintenance option for residential and commercial spaces. In addition, plastic is used in formwork and barriers for temporary construction, as they are easy to handle, reusable and lightweight. These applications highlight the adaptability and importance of construction plastics, which support efficiency, durability and sustainability in various construction projects.
How are technological advances improving construction plastics?
Technological advances are improving the properties and durability of construction plastics, making them more resilient, efficient and environmentally friendly. Innovations in recycled and bio-based plastics are gaining traction, allowing manufacturers to reduce reliance on virgin materials and offer sustainable alternatives. High-performance additives improve durability, UV resistance and fire resistance, expanding the applications of construction plastics in challenging environments, such as cladding and roofing. For example, UV-stabilized PVC and polycarbonate protect against sun damage, extending the life of outdoor installations.
New formulations are also making plastics more energy efficient, with improved insulation properties contributing to energy savings in buildings. Self-cleaning and anti-microbial coatings are being developed to reduce maintenance needs, which is particularly valuable in high-traffic areas and healthcare facilities. Advances in 3D printing technology are enabling custom plastic components to be manufactured on demand, supporting rapid prototyping and complex designs. These technological improvements make construction plastics more versatile, durable and adaptable to the growing demands of modern construction.
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD million from 2023 to 2030.
In-depth regional analysis: Detailed insights into key markets, including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
Company Profiles: Covering major players in the construction plastics market such as ACH Foam Technologies, Aep Industries Inc., Asahi Kasei Corporation, BASF SE, Berry Plastics Corporation and more.
Complementary updates: Get free report updates for a year to keep you informed of the latest market developments.
Main attributes:
The report attribute
The details
Number of pages
96
Forecast period
2023 – 2030
Estimated market value (USD) in 2023
112.3 billion dollars
Projected market value (USD) by 2030
187.1 billion dollars
Compound annual growth rate
7.6%
Regions covered
global
Main topics covered:
MARKET SUMMARY
Influencer Market Insights
World Market Trajectories
Global economic update
Construction Plastics – Market Share of Major Global Competitors in 2024 (E)
Competitive market presence – strong/active/country/irrelevant for worldwide players in 2024 (E)
MARKET TRENDS AND RIGHTS
Increasing demand for lightweight and durable construction materials is expanding the market for construction plastics in structural applications
The rise of sustainable construction practices is driving the demand for recyclable and bio-based construction plastics
Increasing use of plastic pipes in plumbing and electrical systems expands the market for durable and corrosion-resistant construction plastics
Advances in polymer technology drive the growth of high-performance plastics with improved strength and insulating properties
Expansion of prefabricated and modular constructions drives demand for plastics in lightweight, transportable components
Growing demand for energy-efficient materials supports the market for construction plastic insulation in green buildings
Increasing focus on water conservation in construction projects drives demand for plastics in rainwater collection and drainage systems
Growing applications of plastics in windows and doors supports the market for high-performance, weather-resistant construction plastics
Increasing use of plastic molds in concrete construction expands the market for reusable and durable construction plastics
Advances in transparent and translucent plastics drive demand in architectural and aesthetic applications
Increasing focus on reducing installation time and labor costs is driving demand for easy-to-install construction plastics
Expansion of anti-microbial and anti-fungal additives in construction plastics supports the market for sanitary and safe construction materials
Increasing applications in lightweight roofing systems expands the market for plastic sheets and panels in weatherproof construction
FOCUS ON SELECTED PLAYERS:Some of the 48 companies featured in this construction plastics market report include
ACH Foam Technologies
Aep Industries Inc.
Asahi Kasei Corporation
BASF SE
Berry Plastics Corporation
Borealis AG
Chevron Phillips Chemical Company LLC
China Petrochemical Corporation
Dow, Inc.
DuPont de Nemours, Inc.
Engineered Profiles LLC.
For more information about this report, visit https://www.researchandmarkets.com/r/hbn5se
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