The market is expected to generate an incremental $ opportunity of US$ 1,00,851.1 Mn between 2022 and 2032
Category: Chemicals & Materials Published Date : October 2022 ID: CVC-00212 Format: PDF Pages: 270
Global Construction Polymer Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Construction Polymer Market was worth US$ 1,10,499.0 Mn and is expected to grow at a CAGR of 6.7% over the forecast period. While the historical CAGR is 5.3%, the market is expected to hit US$ 2,11,350.1 Mn by 2032 end.
Due to the rising demand for various types of construction projects around the world, the market for construction polymers is advancing. Manufacturers have been able to extend structures’ life because of advancements in polymer technology. The building polymers market has discovered a new source of revenue in the form of deteriorating infrastructure in emerging nations.
EXTENSIVE APPLICATIONS ACROSS THE CONSTRUCTION DOMAIN TO SPUR EXPANSION
In terms of their use in the building sector, structural polymers and plastic composites have become important materials. The adoption of these construction polymers in the construction of walls and flooring with the greatest strength is a result of their design, technical, and structural advantages. The range of construction polymer applications has expanded due to developments in civil engineering and construction technologies.
Large chemical corporations gravitate toward the building polymer industry because of cost-effective production, manageable profit margins, and simple raw material procurement. Leaders in the chemicals and materials industry dominate the construction polymer market’s competitive environment.
Market Segments Covered in Report
By Polymer Type:
By Region and Country:
Which Polymer Types is projected to remain in great demand throughout the forecast period?
The market for construction polymers is likely to see the biggest revenue share from polyvinylchloride polymers. PVC polymers were sold on the international building polymer market for nearly US$ 28.0 Mn.
According to the analysis, PVC polymers’ flexibility will continue to fuel demand soon for the global construction polymer market, along with its superior benefits in terms of flame resistance, frictional co-efficiency, safety, and design diversity.
Which End-User accounts for highest revenue share in the market?
Commercial and residential real estate will continue to have robust profit margins, making them viable markets for construction polymer producers. Throughout the projection period, these two industries will collectively account for more than 65.1% of global market revenues for construction polymer.
The survey also predicts that the utility and facility infrastructure sectors will employ construction polymer at the quickest rates worldwide. Rising public and private sector investments will influence this explosive revenue increase in facility and utility infrastructure throughout the projection period.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
Due to manufacturers’ investments in developing novel valves in response to shifting industry standards across several industrial verticals, the global market for construction polymers is growing.
The key developments in the Global Construction PolymerMarket are:
A list of some of the key suppliers present in the market are:
Global Construction Polymer Market 2022-2032: Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Polymer Type, Application, End-User, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|