Dive Brief:
- A new report finds that the construction and home-building sector of the economy is the No. 2 consumer of the plastic industry's output.
- The main plastics in construction projects are crylics, polyethylene, polycarbonates, extended polystyrene and polyvinyl chloride.
- Two factors pushing the plastics industry's expected growth in construction use are relatively fast demand from foreign customers for infrastructure material and greater awareness of the potential for green-building points from using plastic materials.
Dive Insight:
The market analysis says the plastics industry is poised for "substantial" growth in the coming five years. Not surprisingly, pipe and ducts are the largest segment of the construction-plastic market, but doors and fittings are the fastest growing items in the plastic inventory,