According to the latest study titled ‘Asia Pacific Extruded MS Polymer Market for Construction Applications Size By End-Use (Signage, Interior Partition), Industry Outlook Report, Country Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available with Market Study Report, the Asia Pacific extruded MS polymer market for construction applications is expected to accumulate USD 56 million by the year 2025.
 

The availability various grades of MS polymer, along with technological and functional benefits offered by the product in comparison to its substitutes are expected to drive the demand for APAC extruded MS polymer market for construction applications. In addition, enhancement of entire value chain from raw material to various end-user spectrum will trigger the growth in the industry for construction applications.
 

Based on end-use spectrum, interior partition segment of Asia Pacific extruded MS polymer industry for construction applications has gained a decent growth in the recent past. As per the report, home décor sector fueled the room dividers sales as the product enhances the spatial appeal of living rooms and dining areas. Furthermore, availability of MS polymer extruded sheets in wide range of colors and textures fulfills the need of interior designers and decorators for aesthetics.   
 

Moreover, signage segment of APAC extruded MS polymer industry for construction applications is anticipated to gain traction, owing to advancement in digital signage technologies along with the rising expenditure on advertising across the region.
 

Speaking of regional aspect, the surging construction sector in countries like Malaysia, China, Japan, Indonesia, and India, along with the incorporation of new building techniques are serving as important factors in augmenting the market outlook. In addition, the initiatives undertaken by several governments pertaining to the better infrastructure development has resulted in increased foreign investment in the domestic construction market and is likely to propel the demand for APAC extruded MS polymer market for construction applications. The report cites that Japan market is presumed to register significant growth in the upcoming years, owing to expansion of electronics, automotive, and construction industries.
 

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The prominent companies operating in APAC extruded MS polymer market for construction applications are Swami Plast Industries, Wuxi Brilliant Technology, Kingsign Acrylic, Shenzhen Ming Zhan Plastic Co, Ltd., Ta Fu Chi Plastic Co., Ltd., Salem Steel Industries, MG Polyplast Industries Pvt. Ltd., Kings Materials Pte Ltd., Shivana Polymers LLP, and Donghua Company (DHUA) among others.