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  • Affordable Housing Accelerates the Growth of the Global Construction Plastics Sector
    Geographic expansion boosts growth opportunities in non-load-bearing structures

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    The construction plastics market comprises polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polyamide (PA), polymethyl methacrylate (PMMA), and polyoxymethylene (POM). By end-use industry, the market has been further divided into pipes and ducts, windows and doors, wall coverings, claddings and partitions, flooring and decking, and roofing and ceiling panels.

    Pipes and ducts accounted for the largest share of the volume of construction plastics consumed worldwide in 2019 and are expected to retain their dominant share during the forecast period. PVC and PE are mainly preferred for this segment, owing to their low costs, durability, and corrosion resistance, among other advantages.

    The windows and doors segment is expected to grow at the highest CAGR, both by value and volume, throughout the forecast period. With increasing urbanization and development of high-rise buildings, particularly in developing countries, PVC is being increasingly used for manufacturing window frames and bathroom doors and the same trend is likely to continue during the forecast period. WPC is also preferred for window frames and doors, mainly in developed countries, including the US and Canada.

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