Construction Polymers Market: Global Outlook and Forecast Based on Trends

Posted by Arslan on October 9th, 2019

The global construction polymers market consists of well-diversified global and regional players with the global players accounting for a substantial market share. The construction polymers market is highly fragmented into major countries such as China, India, United States, etc. and is consists of large number of local players. However, prominent players in the construction polymers market include BASF SE (Germany), DuPont (United States), Solvay SA (Belgium), Arkema SA (France), Evonik Industries AG (Germany), PolyOne Corporation (United States), etc. Furthermore, these key players are striving towards the development of bio-based construction polymers that has been identified as a recent trend within the construction polymers market. Rapid infrastructural and construction activities, fueled by the economic boom in emerging economies, is foretold to drive the construction polymers market growth. Fact.MR forecasts the global construction polymers market to represent a CAGR of ~ 6.5% in terms of value from 2019-2027.

The continuous hike in the demand of reliable raw materials in the sector of construction is likely to unfold the growth strings of the construction polymers market across the globe. The building & construction segment almost account for ~ 20% of the global construction polymers market, followed by the automotive industry. The largest share is contributed by the Housing Real Estate Construction segment in the global construction polymers market. This segment represented ~ 30 Mn tonnes or ~ 40% of the market share in 2018. Further, this segment under construction polymers is expected to represent a CAGR of ~ 5.5% over the forecast period.

Building & Construction Sector to Shape the Construction Polymers Market Growth

Ceaseless growth of the construction sector is will generate the need for new and sustainable construction materials, thus driving the market of construction polymers. Infrastructures require more advanced, superincumbent, and appropriate constructional materials. Due to this, construction polymers have become increasingly important as an engineering material. Polymers are one of the essential building blocks in the construction of engines, vehicles, household articles, and buildings. Factors such as widespread availability of raw materials, inherent properties, and flexible processing methods are reflecting favorably on the global demand for construction polymers. The construction industry is typically cautious about changing tried-and-tested methods and requires new materials to have a proven track record, these are some restraining factors in construction polymers market.

Construction polymers has widespread applications including road, roofing, foundations, and paneling. Some of the other applications of construction polymers are glazing sealants, bridge bearings, waterproof membranes, and flooring, among others. Benefits of construction polymers are often too great to ignore and they are making a big impact in number of areas.

Developed and emerging countries are investing lots of money on infrastructure, connecting cities, and introducing new regulatory firms for better development. Therefore, various opportunities is likely to generate in these countries, which is projected to help the construction polymers market to blossom in these regions. Since the construction polymers are gaining the importance as a significant raw material in the construction of green buildings. Thus, the government has been taking initiatives towards green building projects, which will increase the growth of the construction polymers market across the globe.

Polyvinyl Chloride to Remain as Leading Trait in the Construction Polymers Market

The report analyzed the range of products used in construction polymers such as Polyvinylchloride, Polyurethane, Polyethylene, Polypropylene, Polystyrene, Polyisobutylene, PMMA, Ethyl Vinyl Acetate, Polycarbonate, Epoxy Resins, and others. In construction polymers market, polyvinyl chloride holds the largest share among other types of polymers used in the industry. In 2018, the global consumption of PVC was estimated to account for ~ 42 million tonnes, and the most significant user of PVC is the construction industry accounting for ~ 60% of the global production.

In the United States, ~ 80% of windows have been replaced by PVC (Polyvinyl chloride), followed by 8-10% being aluminum and steel. Furthermore, as per the report of, APFE (Association of European glass-fiber producers), building and construction applications represent ~ 30% of Europe’s overall FRP market. The stats show that the construction industry is tending towards new alternatives and construction polymers are the promising ones. New constructions along with the demand for bio-based construction material is likely to propel the construction polymers market growth in the forecast period.

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Construction Polymers: Regional Market Outlook

On the basis of region, the global construction polymers market is divided into five major regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. Approximately 50% of polymers consumed by the construction sector across the globe are produced in the Asia Pacific region, predominantly in China and India. South East Asia and North America are expected to dominate the export market of polyethylene. North America, Western Europe, Middle East, and South East Asia are projected to import polypropylene because of the growing demand for green buildings in these regions. Increased demand for polymers in the construction as well as packaging industries is expected to boost the export scenario in construction polymers market.