GCC Building & Construction Plastic Market: Growth and Development Insight

How big is the GCC Building Construction Plastic market?

According to MarkNtel Advisors study, The GCC Building Construction Plastic Market size is projected to grow at a CAGR of around 10.3% during the forecast period, i.e., 2023-28.

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Significant Driver: Rising Construction Activities in the Region Has Boosted the Market Growth

The prime factors expected to drive the GCC Building Construction Plastic Market include the rising demand for lightweight low-cost construction plastic materials than other substitutes. In addition, minimal maintenance and utmost strength durability shall further increase the popularity adoption of plastics by multiple architects, builders, and designers. Besides, the growing demand for plastic for decorations, fire resistance, and cost-effectiveness shall further augment the market growth in the years to come.

Leading Companies in the GCC Building Construction Plastic market:

BASF SE
Qatar Plastic Products Company (QPPC)
Saudi Arabia Basic Industries Corporation
ExxonMobil Chemicals
The Dow Chemical Company
LyondellBasell Industries (Lyondell Chemical CO.)
Ineos Group AG
Arkema S.A.
Harwal Group
Al Barshaa Plastic Product Company LLC
Others

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GCC Building Construction Plastic Market Segmentation:

By Type

Expanded Polystyrene
Polyethylene
Polypropylene
Polyvinyl Chloride (PVC)
Others (Polyurethane, Thermoplastics, etc.,)

Based on Type, Polyvinyl chloride (PVC) is expected to dominate the GCC building and construction plastic market in the coming years.

By Application

Cladding Panels
Insulation Materials
Worktops and Membranes
Windows and Doors
Others (Shuttering, Wall Linings, Floor Covering, etc.)

By End-User

Residential
Non-Residential

Regional/ Countries Insight:

The UAE
Saudi Arabia
Qatar
Oman
Bahrain
Kuwait

Of them all, Saudi Arabia accounts for the largest share of the GCC Building Construction Plastic Market.

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About MarkNtel Advisors:

MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.