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Posted: 02.12.13

Global Survey Confirms Growth Of Plastics In The Building Industry

Global Survey Confirms Growth Of Plastics In The Building Industry

The survey, titled “Building & Construction Plastics: A Global Market Watch, 2011 – 2016,” found that Europe accounts for more than 30% of the global market, while the fastest growing nations in terms of usage of plastic components are India and Japan.

In terms of products, Pipes and Ducts accounts for the biggest percentage of the market (36%), but the biggest growth area is in Doors & Fittings (a sector that includes window boards), with a Compound Annual Growth Rate of 8.8%.

The survey – conducted by Research and Markets – quizzed major manufacturers worldwide, as well as utilising the evidence of government databases, company websites, and published research reports.