GCC Building & Construction Plastic Market Investment Opportunities: Where to Focus in the Coming Decade

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How Big is the GCC Building & Construction Plastic Market?

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.

Market Statistics

  • Market Growth Rate (CAGR): 10.3% from 2023-2028

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If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/gcc-building-construction-plastic-market.html

GCC Building & Construction Plastic Market Insight:

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:

The report has segmented the market into the following categories:

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. PVC is one of the most widely used plastics in the construction industry, owing to its properties such as durability, chemical resistance, and versatility in various applications. PVC is commonly used in applications such as pipes and fittings, windows and doors, roofing, flooring, and wall coverings.

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

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/gcc-building-construction-plastic-market.html

Competitive Landscape:

  • 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.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Key Highlights of the Report:

  • Market Performance (2023-2028)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement

Other Report:

·        Automotive Multifunction Display Market | CAGR of 5.57% By 2028

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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