Building and Construction Plastic Market Analysis

Product (Polyvinyl Chloride, Polystyrene, Polyethylene, Polyurethanes)

In terms of product, the polyvinyl chloride segment in the building and construction plastics market accounted for 42.2% of revenue share in 2023. PVC is widely used in building and construction applications due to its low weight and ability to be molded and assembled into various shapes. It is mostly utilized to fabricate flexible and rigid products such as pipes, irrigation, electrical conduits, water distribution tubes and fittings, sewers, door frames and windows, gutters and downspouts, fencing and decking, roofing, and conveyor belts for food and chemical processing, as well as wall and floor covering.

In December 2023, INEOS announced the expansion of its PVC product range with the launch of NEOVYN to reduce overall carbon neutrality and circularity. The new product can be used across several sectors including, building and construction and is expected to significantly reduce carbon footprint which is 37% lower than the European industry average suspension PVC.

Application (Roofing, Insulation, Pipes & Ducts, Wall Covering, Windows)

Pipes & ducts segment in the building and construction plastics market is estimated to register more than 4.5% growth from 2024 to 2036. Plastics pipes and tubing systems are used both inside and outside the building for a variety of purposes, such as water service, plumbing, geothermal piping systems, fire protection, hydronic heating and cooling, and snow melting. Polyethylene, polystyrene, polyvinyl chloride, and polypropylene are widely used in the pipe systems due to its superior performance and high chemical and water resistance.

Many leading companies are introducing high performance products to cater to the rising demand. In September 2020, PVC4Pipes, the value chain platform for the European PVC pipe industry launched an online training packaging for suppliers in the PVC pipe chain to provide comprehensive information about PVC materials for relevant applications from sewage, waste to drinking water.

Our in-depth analysis of the global market includes the following segments: