Building and Construction Plastics Market to Grow at 7.1% CAGR in 2013-2019 | Page 2

Building and Construction Plastics Market REPORT DESCRIPTION Building and Construction Plastics Market (PVC, PS, Acrylics, PU, TPE, Composite Materials and Others) For Pipes & Ducts, Insulation, Door Fittings and Other Applications: Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019 Light weight, energy efficiency, high molecular weight, and poor thermal and electric conductivity are some of the factors that make plastics widely useful in the field of construction. Transparency Market Research studies the global building and construction plastics market in a detailed market research study, titled “Building and Construction Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019”.According to the report, the global building and construction plastics market is expected to develop at a 7.1% CAGR between 2013 and 2019. The market had an estimated value of US$35.92 billion in 2012 and is projected to rise to US$57.51 billion by 2019. The flourishing construction industry in countries such as Brazil, India, and China is the chief driver of the global building and construction plastics market. Rapid urbanization and changing lifestyles in developing economies are also leading to increased demand from the building and construction plastics market. However, the market is expected to suffer from reduced demand for many traditional plastics owing to growing environmental concerns. This factor, however, is expected to create new growth opportunities for the market in the form of biobased and biodegradable plastics. View exclusive Global strategic Business Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1785 The report broadly segments the global building and construction market according to three criteria: product types, applications, and key regional markets. Various product types of building and construction plastics studied in the report include acrylics, polystyrene (PS), thermoplastic elastomers (TPE), polyvinyl chloride (PVC), polyurethanes (PU), and composite materials. Key application areas studied in the report include door fittings, pipes and ducts, roofing, water proofing, cladding, and insulation. Geography-wise, the global building and construction plastics market is segmented into North America, Europe, and Asia Pacific. 2 Transparency Market Research