Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Affordable Housing, Urbanization to Drive the Global Market for Construction Plastics to $98 billion by 2026 Finds Frost & Sullivan - Construction plastics to register guaranteed moderate to high growth as affordable housing and urbanization increases. Developing countries to advance market by 6.5% despite pandemic, says Frost & Sullivan - Frost.com
Affordable Housing, Urbanization to Drive the Global Market for Construction Plastics to $98 billion by 2026 Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Santa Clara, CA, United States, 2020/09/16 - Construction plastics to register guaranteed moderate to high growth as affordable housing and urbanization increases. Developing countries to advance market by 6.5% despite pandemic, says Frost & Sullivan - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Frost & Sullivan’s recent analysis, Affordable Housing Driving the Global Market for Construction Plastics, finds that rising urbanization and development of high-rise buildings, especially in developing countries, are key factors pushing the demand for construction plastics across the globe. The market for construction plastics is estimated to garner a revenue of $98.78 billion by 2026 from $63.72 billion in 2019, up at a compound annual growth rate (CAGR) of 6.5%. However, COVID-19 is likely to adversely impact the global consumption of construction plastics throughout 2020 as various countries have enforced strict lockdown measures to contain the pandemic, which resulted in significant delays in new and existing construction projects worldwide. The situation is expected to improve from 2021, following a reduction in the pandemic’s impact, thereby resuming construction activities across the globe.

“With increasing demand for innovative and sustainable product offerings, companies may gain wider market coverage by improving the physical and chemical properties of plastic materials to make them durable, long-lasting, lightweight, weather-resistant, recyclable, and fireproof,” said Sayantan Sengupta, Chemicals, Materials & Foods Research Analyst at Frost & Sullivan. “Going forward, to maximize the revenue and ensure uninterrupted supply into markets globally, participants should focus more on strengthening long-term relationships with distributors, compounders, and extruders.”

Sengupta added: “From an end-use industry perspective, pipes and ducts are expected to retain their dominant share throughout the forecast period, whereas the windows and doors segment is likely to grow at the highest CAGR, both by value and volume. Further, from a regional perspective, with increasing industrialization, population, and construction of residential buildings, Asia-Pacific (APAC) will remain a key market for construction plastics, followed by the Americas, Europe, and Middle East, Africa and South Asia (MEASA).”

The growing inclination toward using high-quality plastic pipes for water supply and sewage disposal is driving the revenue growth of the global construction plastics market, presenting immense growth prospects for its market participants. These include:

• Companies need to adopt strategies involving capacity expansion and additions to better cater to the increasing demand for construction plastics.
• Manufacturers should focus on mergers and acquisitions as well as vertical integration to ensure sustainability across the value chain and enhance business growth.
• Developing a complete product portfolio with improved functionalities and enhanced physical and chemical properties will help manufacturers command a premium in the market.
• Manufacturers should expand operations to countries in APAC and MEASA that have high-growth prospects for construction plastics due to the increasing demand for recyclable materials in the sector.

Affordable Housing Driving the Global Market for Construction Plastics, 2020 is the latest addition to Frost & Sullivan’s Chemicals, Materials & Foods research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan (frost.com) has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Affordable Housing Driving the Global Market for Construction Plastics, 2020 / MF64

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


Affordable Housing, Urbanization to Drive the Global Market for Construction Plastics to $98 billion by 2026 Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Construction Plastics | Frost & Sullivan
Contact: Jaylon Brinkley - Frost.com 
210-247-2481 / 832-481-4884 (Mob) jaylon.brinkley[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Construction/Architecture/Infra Most Recent Related Press Releases:

VINCI Wins Sydney Gateway Motorway Contract in Australia
MachineMax Lauded by Frost & Sullivan for Dominating the Industrial Market with its Plug-and-Play Asset Management Solution
Furnibo Chooses PCL’s Job Site Insights™ Smart Construction Platform to Enable the Next Generation Job Site
VINCI Will Build a Recycling Centre in North London
VINCI Construction Wins Two New Contracts for The City Rail Link Line in Auckland, New Zealand
VINCI Construction Wins Motorway Contracts in Australia
VINCI - Non-binding Proposal for the Acquisition of Grupo ACS’s 'Industrial Services' Division
VINCI Energies Continues its Expansion in North America by Acquiring Transelec Common, Inc. in Canada
Webcor Chooses PCL’s Job Site Insights™ Smart Construction Platform to Enable the Next Generation Job Site
Turner and Flatiron to Build New Terminal at San Diego International Airport

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com

Visit  Limelon Advertising, Co.







 
  ©2020 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today