Report Overview:
The following report titled “GCC Building Construction Plastic Market: By Type (Expanded Polystyrene, Polyethylene, Polypropylene, Polyvinyl Chloride (PVC), Others (Polyurethane, Thermoplastics, etc)), By Application (Cladding Panels, Insulation Materials, Worktops and Membranes, Windows and Doors, Others (Shuttering, Wall Linings, Floor Covering, etc.)) and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
GCC Building Construction Plastic Market Summary
The GCC Building Construction Plastic Market is projected to grow at a CAGR of around 10.3% during the forecast period. i.e., 2023-28. The market for building and construction plastics in the GCC region is primarily driven by the growing construction industry, as the region has been experiencing significant infrastructure development in recent years. Furthermore, the growing need to replace or renovate weak structures, coupled with massive investments in the public private sectors, raising the number of building construction projects across the GCC region, accelerating the market growth.
Report Coverage Details
- Forecast Period: 2023–2028
- Base Year: 2022
- CAGR: 10.3%
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GCC Building Construction Plastic Market Driver:
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.
Segmentation Analysis: GCC Building Construction Plastic Market
By Type
- Expanded Polystyrene
- Polyethylene
- Polypropylene
- Polyvinyl Chloride (PVC)
- Others (Polyurethane, Thermoplastics, etc.,)
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
By Country
- The UAE
- Saudi Arabia
- Qatar
- Oman
- Bahrain
- Kuwait
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Region: Saudi Arabia Holds a Major Market Share
Of them all, Saudi Arabia accounts for the largest share of the GCC Building Construction Plastic Market.
Leading Players Analysis: GCC Building Construction Plastic Market
The report provides detailed analysis of key players in the GCC Building Construction Plastic market, highlighting their strategies and competitive scenario.
- 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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