A Quick Overview of GCC Building & Construction Plastic Market
The key object of this report on the GCC Building & Construction Plastic Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the GCC Building & Construction Plastic Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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GCC Building & Construction Plastic Market Scenario:
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.
GCC Building & Construction Plastic Market - Industry Dynamics, Size, And Opportunity Forecast To 2028:
Market 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.
GCC Building & Construction Plastic Market Segmentation Analysis:
GCC Building & Construction Plastic Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
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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Who are the Key Market Players in the GCC Building & Construction Plastic Market?
In the fast-changing GCC Building & Construction Plastic Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the GCC Building & Construction Plastic market ruling the industry are:
List of Key Companies Profiled:
- 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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