Construction Polymer Market Trends and Forecast
The future of the global construction polymer market looks promising with opportunities in the wall, flooring, piping, window, roof, insulation & sliding, glazing, and clading markets. The global construction polymer market is expected to reach an estimated $375.7 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing demand for durable and lightweight construction materials, rising focus on eco-friendly and sustainable building practices boosts the adoption of construction polymers, and technological advancements in polymer chemistry.
• Lucintel forecasts that epoxy resin is expected to witness the highest growth over the forecast period.
• Within this market, wall is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Polymer Market
• United States - US polymer manufacturers are innovating with recycled polymer blends for sustainable construction materials. Government targets include promoting polymer recycling initiatives and incentivizing green building certifications.
• China - Chinese companies are investing in polymer-modified concrete for infrastructure projects. Government targets focus on enhancing construction material durability and sustainability with polymer technology.
• Germany - German firms are developing lightweight polymer composites for energy-efficient building facades. Companies target reducing carbon footprint with government support for research in green construction materials.
• India - Indian polymer producers are collaborating with construction firms to enhance polymer roofing solutions. Government initiatives promote affordable housing with subsidies for polymer-based roofing systems to improve durability and thermal insulation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Polymer Market by Segment
The study includes a forecast for the global construction polymer market by type, application, and region.
Construction Polymer Market by Type [Value from 2018 to 2030]:
• Epoxy Resins
• Polystyrene
• Polycarbonate
• Polyethylene
• Polypropylene
• Others
Construction Polymer Market by Application [Value from 2018 to 2030]:
• Walls
• Floorings
• Piping
• Windows
• Roofs
• Insulation & Sliding
• Glazing
• Clading
• Others
Construction Polymer Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Polymer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction polymer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction polymer companies profiled in this report include-
• Huntsman
• Momentive
• Solvay
• Evonik
• Dupont
• Arkema
• Croda
Recent Development in the Construction Polymer Market
• BASF SE : BASF SE introduced a new line of polymer additives for concrete, enhancing durability and reducing carbon footprint in construction projects.
• Dow Chemical Company : Dow Chemical Company launched a series of high-performance polymer membranes for waterproofing applications in building construction, ensuring long-term protection against moisture.
• Sika AG : Sika AG developed advanced polymer-modified mortars for repair and rehabilitation of concrete structures, improving strength and durability in infrastructure projects.
• Arkema : Arkema expanded its portfolio with bio-based polymers for sustainable construction materials, aiming to reduce environmental impact while maintaining performance standards in building applications.
Features of the Global Construction Polymer Market
Market Size Estimates: Construction polymer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction polymer market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction polymer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction polymer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction polymer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the construction polymer market size?
Answer: The global construction polymer market is expected to reach an estimated $375.7 billion by 2030.
Q2. What is the growth forecast for construction polymer market?
Answer: The global construction polymer market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the construction polymer market?
Answer: The major drivers for this market are increasing demand for durable and lightweight construction materials, rising focus on eco-friendly and sustainable building practices boosts the adoption of construction polymers and technological advancements in polymer chemistry.
Q4. What are the major segments for construction polymer market?
Answer: The future of the construction polymer market looks promising with opportunities in the wall, flooring, piping, window, roof, insulation & sliding, glazing, and clading markets.
Q5. Who are the key construction polymer market companies?
Answer: Some of the key construction polymer companies are as follows:
• Huntsman
• Momentive
• Solvay
• Evonik
• Dupont
• Arkema
• Croda
Q6. Which construction polymer market segment will be the largest in future?
Answer: Lucintel forecasts that epoxy resin is expected to witness the highest growth over the forecast period.
Q7. In construction polymer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction polymer market by type (epoxy resins, polystyrene, polycarbonate, polyethylene, polypropylene, and others), application (walls, floorings, piping, windows, roofs, insulation & sliding, glazing, clading, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Polymer Market, Construction Polymer Market Size, Construction Polymer Market Growth, Construction Polymer Market Analysis, Construction Polymer Market Report, Construction Polymer Market Share, Construction Polymer Market Trends, Construction Polymer Market Forecast, Construction Polymer Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.