| Product Code: ETC316167 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Singapore building and construction plastic market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 66.44%. The compound annual growth rate (CAGR) for the period of 2020-2024 was 48.63%. This surge in imports can be attributed to increased construction activities and infrastructure projects in the region, driving demand for plastic materials.
Plastics play a crucial role in the construction industry, offering lightweight, durable, and cost-effective solutions. In Singapore, the building and construction plastic market caters to various applications, including pipes, insulation, and roofing materials. Sustainability and environmental concerns are driving innovations in the use of recyclable and eco-friendly plastics, aligning with Singapore commitment to sustainable building practices.
The Singapore building and construction plastic market are primarily driven by the booming construction sector in the country. As Singapore continues to grow and urbanize, the demand for plastics in construction applications such as pipes, cables, insulation, and roofing materials has increased significantly. Moreover, the lightweight and durable nature of plastic materials make them a preferred choice for builders, contributing to the market`s growth. Environmental concerns have also led to the adoption of eco-friendly plastic materials, further driving market expansion.
This market faces challenges stemming from environmental concerns and regulatory changes related to plastic use. Finding alternatives to traditional plastics, such as biodegradable materials, is imperative. Ensuring product quality and safety standards compliance is crucial, given the widespread use of plastic in construction.
The Singapore building and construction plastic market experienced a significant impact due to the COVID-19 pandemic. With construction projects halted or delayed during the lockdowns and restrictions, the demand for building and construction plastics saw a noticeable dip. This was primarily because construction activities slowed down, and businesses faced supply chain disruptions. However, as the construction sector gradually resumed operations, the market began to recover. The need for materials that are lightweight, durable, and sustainable remained a priority, driving a resurgence in demand for building and construction plastics. Manufacturers also adapted by emphasizing hygiene and safety measures in their products to align with the pandemic`s requirements.
Within the Singapore building and construction plastic market, key players include PolyOne Corporation, Ravago Group, and LyondellBasell Industries. These companies manufacture and supply plastic materials and solutions used in various construction applications, such as pipes, insulation, and roofing materials.
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 Singapore Building And Construction Plastic Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Building And Construction Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Building And Construction Plastic Market - Industry Life Cycle |
3.4 Singapore Building And Construction Plastic Market - Porter's Five Forces |
3.5 Singapore Building And Construction Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Building And Construction Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Building And Construction Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for residential and commercial construction projects. |
4.2.2 Government initiatives promoting sustainable construction practices, including the use of recyclable plastics in building materials. |
4.2.3 Technological advancements in plastic manufacturing processes, leading to the development of innovative and high-performance plastic products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production costs of building and construction plastics. |
4.3.2 Stringent regulations and environmental concerns regarding the use of plastics in construction, leading to potential restrictions on certain plastic materials. |
4.3.3 Competition from alternative materials such as steel, wood, and composites, affecting the market share of plastic products. |
5 Singapore Building And Construction Plastic Market Trends |
6 Singapore Building And Construction Plastic Market, By Types |
6.1 Singapore Building And Construction Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Building And Construction Plastic Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Building And Construction Plastic Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.1.4 Singapore Building And Construction Plastic Market Revenues & Volume, By Thermosetting Plastic, 2021-2031F |
6.2 Singapore Building And Construction Plastic Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Building And Construction Plastic Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.3 Singapore Building And Construction Plastic Market Revenues & Volume, By Window and Door Panel, 2021-2031F |
6.2.4 Singapore Building And Construction Plastic Market Revenues & Volume, By Siding, 2021-2031F |
6.2.5 Singapore Building And Construction Plastic Market Revenues & Volume, By Piping, 2021-2031F |
6.2.6 Singapore Building And Construction Plastic Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.7 Singapore Building And Construction Plastic Market Revenues & Volume, By Insulation, 2021-2031F |
7 Singapore Building And Construction Plastic Market Import-Export Trade Statistics |
7.1 Singapore Building And Construction Plastic Market Export to Major Countries |
7.2 Singapore Building And Construction Plastic Market Imports from Major Countries |
8 Singapore Building And Construction Plastic Market Key Performance Indicators |
8.1 Adoption rate of environmentally friendly plastic building materials. |
8.2 Number of new construction projects incorporating plastic components. |
8.3 Investment in research and development for enhancing the performance and sustainability of plastic construction materials. |
9 Singapore Building And Construction Plastic Market - Opportunity Assessment |
9.1 Singapore Building And Construction Plastic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Building And Construction Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Building And Construction Plastic Market - Competitive Landscape |
10.1 Singapore Building And Construction Plastic Market Revenue Share, By Companies, 2024 |
10.2 Singapore Building And Construction Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |