Building Construction Plastic Fastener Market

The Building And Construction Plastic Fastener Market is segmented based on Application Area into Interior Applications, Exterior Applications and Infrastructure. Among these segments, the Interior Applications segment is expected to hold the largest market share in 2023, owing to the increasing demand for plastic fasteners in the construction of residential and commercial buildings.

The Exterior Applications segment is also expected to witness significant growth during the forecast period, driven by the rising demand for plastic fasteners in the construction of exterior walls, roofs and windows.The Infrastructure segment is expected to grow at a steady pace during the forecast period, driven by the increasing demand for plastic fasteners in the construction of roads, bridges and other infrastructure projects. The growth of the market is attributed to the increasing demand for plastic fasteners in the construction industry, owing to their lightweight, durability and corrosion-resistant properties. 

Anchors, wall plugs, cable ties, clamps and other fasteners are the different product types in the building and construction plastic fastener market. Anchors held the largest market share in 2023 and are expected to continue to dominate the market through 2032. The growth of this segment can be attributed to the increasing demand for anchors in residential and commercial construction projects.

Wall plugs are expected to witness a steady growth rate over the forecast period, owing to their wide application in electrical and plumbing installations.Cable ties are also expected to exhibit significant growth, driven by their increasing use in data centers and telecommunication networks. Clamps and other fasteners are expected to account for a smaller share of the market but are still expected to contribute to the overall growth of the building and construction plastic fastener market.

The Building And Construction Plastic Fastener Market is segmented by Material into Nylon, Polyethylene, Polypropylene, Polycarbonate and Other Materials. Among these, Nylon holds the largest market share due to its exceptional strength, durability and resistance to chemicals and UV radiation. Polyethylene is another widely used material known for its flexibility, low cost and good electrical insulation properties. Polypropylene is also gaining popularity due to its high strength-to-weight ratio and resistance to moisture and chemicals.The demand for Polycarbonate is growing rapidly in the construction sector owing to its impact resistance and transparency.

Other Materials, such as Acetal and Polyamide, are also used in various applications, contributing to the overall market growth. In 2023, the Building And Construction Plastic Fastener Market revenue for Nylon was estimated at USD 0.75 billion, while Polyethylene, Polypropylene, Polycarbonate and Other Materials accounted for USD 0.45 billion, USD 0.38 billion, USD 0.22 billion and USD 0.10 billion, respectively.

The Building And Construction Plastic Fastener Market is segmented by End-User Industry into Commercial Building Construction, Residential Building Construction, Infrastructure (Roads, Bridges, Airports), Industrial Construction and Other End-User Industries. Among these segments, Commercial Building Construction is expected to hold the largest market share of 34.5% in 2023, driven by the increasing demand for plastic fasteners in commercial buildings due to their durability, cost-effectiveness and ease of installation.

Residential Building Construction is anticipated to follow with a market share of 28.8% in 2023, owing to the rising construction of new homes and renovation of existing ones.Infrastructure, Industrial Construction, and Other End-User Industries are projected to collectively account for 36.7% of the Building And Construction Plastic Fastener Market revenue in 2023, showcasing the versatility and diverse applications of plastic fasteners across various industries.

The Building And Construction Plastic Fastener Market is segmented by distribution channel into direct sales, distribution centers, e-commerce platforms, hardware stores and other distribution channels. Among these, direct sales accounted for the largest share of the market in 2023 and are projected to continue to be the dominant channel over the forecast period.

This is due to the fact that direct sales offer several advantages over other channels, such as lower costs, better control over the sales process and the ability to build stronger relationships with customers.E-commerce platforms are expected to be the fastest-growing distribution channel for Building And Construction Plastic Fasteners over the forecast period. This is due to the increasing popularity of online shopping, as well as the growing number of consumers who are comfortable making purchases online.