Construction Plastic Market Forecasts Report 2024-2029: Rise in Construction of Green Buildings Bolster Growth, Asia Pacific to Dominate [Yahoo! Finance]
LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB)
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am
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Source: Yahoo! Finance
The construction plastic market is expected to grow at a CAGR of 3.99% during the forecast period of 2024-2029, reaching US$144.612 billion in 2029 from US$118.905 billion in 2024. Plastic is a synthetic material based on organic polymers. The construction industry uses plastic for several applications due to its versatility, strength-to-weight ratio, durability, corrosion resistance, ease of installation, energy-saving, and so on. Moreover, the low cost of plastic compared to other substitutes, the adoption of green building practices, and the use of recycled plastic in residential and non-residential buildings are expected to provide lucrative opportunities for global market growth. However, the price impact of upstream raw materials such as crude oil and feedstock is anticipated to hamper the growth of the building and construction plastics market. Therefore, the key players develop new products, invest in research, make mergers and acquisitions, and form joint ventures to ens
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LYB
Earnings
- 11/1/24 - Miss
LYB
Sec Filings
- 11/1/24 - Form 10-Q
- 11/1/24 - Form 8-K/A
- 11/1/24 - Form 8-K
- LYB's page on the SEC website