Construction Elastomers Market Is Expected To Reach USD 8651.27 Million By 2029

PRESS RELEASE
Published July 21, 2023

Global Construction Elastomers Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2029. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Construction Elastomers Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Global construction elastomers market was valued at USD 5266.80 million in 2021 and is expected to reach USD 8651.27 million by 2029, registering a CAGR of 6.40% during the forecast period of 2022-2029.

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Top Key Players in the Global Construction Elastomers Market: Arkem (France), BASF SE (Germany), Dow (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.), Teknor Apex (U.S.), The Lubrizol Corporation (U.S.), Tosh Corporation (Japan), Kraton Corporation (U.S.), China Petrochemical Corporation (China), Mitsubishi Chemical Corporation (Japan), DuPont (U.S.), Evonik Industries AG (Germany), Dynasol Elastomers (Spain), Coim Group (Italy), SIBUR Holding PJSC (Russia), ZEON CORPORATION (Japan), LANXESS (Germany) and Other.

Global Construction Elastomers Market Segmentation:

Type

  • Thermoset
  • Thermoplastic

Chemistry

  • Tyrene Block Copolymers (SBC)
  • Thermoplastic Polyurethanes (TPU)
  • Styrene-Butadiene (SBR)
  • Ethylene-Propylene (EPM/EPDM)
  • Natural Rubber (NR)
  • Thermoplastic Polyolefin (TPO)
  • Butyl Elastomer (IIR)
  • Acrylic (ACM) Elastomer
  • Thermoplastic Vulcanizate (TPV)
  • Silicone (Q) Elastomer
  • Others
  • Butadiene (BR) (polybutadiene)
  • Polyisoprene (IR)
  • Nitrile (NBR)
  • Polychloroprene (CR) (Neoprene)

Application

  • Residential
  • Non-Residential
  • Civil Engineering

Regional Insights:

Asia-Pacific dominates the construction elastomers market because of recuperation of private construction in China, India, and Southeast Asian nations.

North America is expected to grow during the forecast period of 2022 to 2029 due to rapid utilization of construction elastomers and increased construction sites.

-North America (U.S., Canada)

-Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

-Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

-South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

-Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

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Drivers

  • Benefits Over Construction Area

The construction elastomers provide a significant growth in the construction sector due to its enhanced durability and chemical and physical characteristics and attributes. The major quality it provides are resistance to weather and chemicals generated in the industries as it comprises the characteristics of both plastic and rubber. The strong impact and tear resistance of the elastomers are utilized for various applications such as rooftop sheets, window profiles, adhesives and others in the construction sectors thereby, increasing the growth of the market.

Important Sections from the Table of Contents:

  • Global Construction Elastomers Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Construction Elastomers Market Forecast

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