Affordable Housing Driving the Global Market for Construction Plastics, 2020

Geographic Expansion Boosts Growth Opportunities in Non-load-bearing Structures

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.

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