GCC Building & Construction Plastic Market Comprehensive Analysis and Forecast 2023 to 2028

GCC Building & Construction Plastic Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
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 GCC Building & Construction Plastic Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s GCC Building & Construction Plastic Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, GCC Building & Construction Plastic Market drivers, barriers, GCC Building & Construction Plastic Market Trends, and Key Players in GCC Building & Construction Plastic Market.
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GCC Building & Construction Plastic Market Dynamics: 2023-2028
Market Dynamics
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.
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GCC Building & Construction Plastic Market (2023-30): Segmentation Outlook
The market report has segmented the market 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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Top Companies Operating 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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