Market Forecast By Type (Thermoplastic, Thermosetting Plastic), By Application (Flooring, Window and Door Panel, Siding, Piping, Roofing, Insulation, Others) And Competitive Landscape
Product Code: ETC316142 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Brazil Building And Construction Plastic Market |
Forecast Period | 2024-2030 |
CAGR | 8.6% |
Growing Sector | Construction |
The market report thoroughly covers the market by type and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Brazil Building and Construction Plastic Market encompass a wide range of plastic materials used in various construction applications. The market caters to the diverse needs of the construction industry. Additionally, the rise of green buildings also boosts demand for eco-friendly plastics in the foreseeable future.
According to 6Wresearch, Brazil Building and Construction Plastic Market size is expected to grow at a significant CAGR of 8.6% during 2024-2030. The Brazil building and construction plastic market thrives on the increasing demand for sustainable and lightweight materials. Population growth and urbanization drive construction activities, elevating the need for these plastics. Their cost-effectiveness, durability, and versatility make them preferred choices. Government initiatives promoting sustainable development and plastic technology advancements further propel market growth. Despite growth drivers, the Brazil building and construction plastic market faces environmental concerns. Plastic production, use, and disposal contribute to pollution, raising alarms globally. Fluctuations in raw material prices and regulations on certain plastics challenge market growth. Additionally, alternative materials like wood, steel, and concrete pose competition. Overcoming these challenges necessitates innovative solutions and a concerted effort towards sustainable practices in the industry.
Some of the leading players operating in this market are Braskem SA, Dow Chemical Company, Solvay SA, BASF SE, DuPont de Nemours, Inc., Lanxess AG, SABIC, LyondellBasell Industries Holdings B.V., Evonik Industries AG, and Arkema SA. These players are also adopting various strategies such as partnerships, collaborations, and acquisitions to strengthen their market position.
The Brazilian government supports the growth of the building and construction plastic market through various initiatives. These include tax incentives, subsidies, and investment programs promoting innovation and technological advancement. Sustainable development policies encourage the use of recycled plastics, with regulations ensuring product quality and safety. Such measures not only foster market growth but also contribute to environmental sustainability, incentivizing research and development for new and improved plastic products.
The Brazil Building and Construction Plastic Market is poised for growth, driven by ongoing infrastructure development projects, increasing urbanization, and the adoption of advanced plastic materials for construction purposes, with a focus on sustainability and energy efficiency.
According to Ravi Bhandari, Research Head, 6Wresearch, thermoplastic is currently witnessing significant growth in the Brazil building and construction plastic market. This can be attributed to its versatility, lightweight nature, and ability to be recycled. Thermoplastics are widely used in various applications such as pipes, insulation materials, roofing membranes, and more. Moreover, advancements in technology have led to the development of new and improved thermoplastic materials that offer better strength, durability, and cost-effectiveness. These factors are driving the demand for thermoplastics in the building and construction industry, making it a dominant segment in the market. Thus, this trend is expected to continue in the coming years.
The flooring segment is currently witnessing significant growth in the Brazil building and construction plastic market. This can be attributed to the increasing demand for lightweight, durable, and easy-to-install flooring materials in both residential and commercial construction projects. Plastic flooring offers various benefits such as water resistance, low maintenance, and cost-effectiveness compared to traditional flooring options. Moreover, with advancements in technology, plastic flooring now comes in a wide range of designs, colors, and textures, making it a popular choice among consumers. Thus, the flooring segment is expected to continue its growth trend in the coming years.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Building And Construction Plastic Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Building And Construction Plastic Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Building And Construction Plastic Market - Industry Life Cycle |
3.4 Brazil Building And Construction Plastic Market - Porter's Five Forces |
3.5 Brazil Building And Construction Plastic Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Brazil Building And Construction Plastic Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Brazil Building And Construction Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Building And Construction Plastic Market Trends |
6 Brazil Building And Construction Plastic Market, By Types |
6.1 Brazil Building And Construction Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Building And Construction Plastic Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Brazil Building And Construction Plastic Market Revenues & Volume, By Thermoplastic, 2020 - 2030F |
6.1.4 Brazil Building And Construction Plastic Market Revenues & Volume, By Thermosetting Plastic, 2020 - 2030F |
6.2 Brazil Building And Construction Plastic Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Brazil Building And Construction Plastic Market Revenues & Volume, By Flooring, 2020 - 2030F |
6.2.3 Brazil Building And Construction Plastic Market Revenues & Volume, By Window and Door Panel, 2020 - 2030F |
6.2.4 Brazil Building And Construction Plastic Market Revenues & Volume, By Siding, 2020 - 2030F |
6.2.5 Brazil Building And Construction Plastic Market Revenues & Volume, By Piping, 2020 - 2030F |
6.2.6 Brazil Building And Construction Plastic Market Revenues & Volume, By Roofing, 2020 - 2030F |
6.2.7 Brazil Building And Construction Plastic Market Revenues & Volume, By Insulation, 2020 - 2030F |
7 Brazil Building And Construction Plastic Market Import-Export Trade Statistics |
7.1 Brazil Building And Construction Plastic Market Export to Major Countries |
7.2 Brazil Building And Construction Plastic Market Imports from Major Countries |
8 Brazil Building And Construction Plastic Market Key Performance Indicators |
9 Brazil Building And Construction Plastic Market - Opportunity Assessment |
9.1 Brazil Building And Construction Plastic Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Brazil Building And Construction Plastic Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Brazil Building And Construction Plastic Market - Competitive Landscape |
10.1 Brazil Building And Construction Plastic Market Revenue Share, By Companies, 2023 |
10.2 Brazil Building And Construction Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |