Polymer Market for Waste Management Worth $5.07 Billion by 2025: Grand View Research, Inc.
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Read 90 page research report with TOC on "Polymer Market for Waste Management Size, Share & Trends Analysis Report By Product (PVC, EVOH, HDPE, LDPE, EPDM), By Region (North America, Europe, MEA, APAC), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/polymer-market-for-waste-management
The demand of polyvinyl chloride is highly dependent on the construction industry, as about 60 to 70% of the global demand is for pipe, siding, fitting, fencing, windows, and other applications. Increasing product demand from other end-use industries may result in tight raw material supply, hampering market growth. Polypropylene and polyethylene are thermoplastic polymers used in a variety of applications. Growth in the manufacturing and construction industry has been driving the polypropylene market over the past few years; however, its overproduction has led to a decrease in prices.
Rapidly expanding construction sector in India and China, on account of the presence of favorable regulatory support to improve the infrastructure at a domestic level, is expected to boost the utilization of geomembranes. This, in turn, is likely to augment the demand for polymers for waste management in this sector. Asia Pacific is expected to witness a rise in construction spending over the forecast period on account of rapid urbanization coupled with burgeoning population. Thus, growing construction sector, particularly in China and India, as a result of increasing disposable income and rising government spending on large infrastructural projects will support the market development.
Grand View Research has segmented the global polymer market for waste management on the basis of product and region:
- Polymer for Waste Management Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
- Polymer for Waste Management Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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