Versatile Flame-Retardants
International Plastics News for Asia|October 2019
The global building and construction plastic market is experiencing growth owing to the increasing investment in residential and commercial infrastructure.
Alyssa Bueno
Versatile Flame-Retardants

Valued at $57.9 billion in 2017, the market is expected to reach $104.5 billion by 2025, growing by an average of 7.6% yearly, according to a report by Big Market Research.

Building and construction plastics are compounds that are ideal for products and supplies for the building and construction industry. These products are used for various purposes such as flooring, cladding & roof membranes, cables, flooring & wallcovering, insulation, piping, and window & door panels in the building and construction industry. Different types of plastic composites in flooring includes wood plastic composite (WPC), luxury vinyl tiles (LVT), and stone plastic composite (SPC). Aside from rising investment in building and construction, another important factor is seen in major players adopting various strategies such as product launches and acquisitions to stimulate the growth of the market. The rise in environmental concerns on the use of plastics is bringing technological advancements in the production of eco-friendly and recycled plastics for building and construction applications.

Flame-retardant additives meet high standards

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