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Construction Elastomers Market Report Scope & Overview:

The Construction Elastomers Market Size was valued at USD 5.60 billion in 2022, and is expected to reach USD 8.72 billion by 2030, and grow at a CAGR of 5.7% over the forecast period 2023-2030.

Elastomers used in the construction industry offer the advantages of both plastic and rubber. Elastomer rubbery materials are composed of long-chain-like molecules or polymers that can be severely stretched and then returned to their original shape. It is classified based on the elastomeric material that melts when heated. Sealants and caulks are used to fill cracks and crevices in the construction industry.

Construction Elastomers Market Revenue Analysis

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Market Dynamics:

Drivers:

  • Rising demand from the construction sector

Restraints:

  • Elastomers for building are more expensive than traditional materials.

Opportunity:

  • Biobased elastomers are entering a new market.

Challenge:

  • Price sensitivity

Impact of COVID-19:

Due to the COVID-19 epidemic, the building elastomers market expanded slowly in 2020 compared to 2019 in terms of both value and volume. In 2020, a pandemic and supply chain disruption, as well as a drop in end-use sectors, had an influence on the market for construction elastomers. When compared to the same period in 2019, production in end-use industries including building and construction and civil engineering decreased for the first three quarters of 2020. Production of construction elastomers was further hampered by the fall in demand from end-use industries.

Market Segmentation:

By Type

  • Thermoset

  • Thermoplastic

By Chemistry

  • Styrene 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)

  • Silicon (Q) Elastomer

  • Others

By Application

  • Residential

  • Non-residential

  • Civil Engineering

Construction Elastomers Market Segmentation Analysis

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Regional Analysis:

The Asia-Pacific region occupies the dominant share, followed by North America and then Europe. The use of construction elastomers is due to  the observation of the highest development in the APAC region during the estimation period. Markets in the region are driven by the recovery of private construction in China, India and Southeast Asian countries. Elastomer manufacturers around the world are investing resources in APAC  to set up manufacturing facilities and increase their market presence in the district. India is a huge construction market and one of the world's largest buyers of construction elastomers. The Indian government's focus on the "Make in India" company will boost India's construction business and further increase interest in Indian construction elastomers  in the future.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

The Key Players are Huntsman Corporation, S. A, Chemical Corporation, Dow, Teknor Apex Company, Covestro AG, Lubrizol Corporation,Mitsubishi Chemical Company, BASF SE, Kraton Corporation, China Petroleum, Tosh Corporation, DuPont & Other Players.

Chemical Corporation-Company Financial Analysis

Construction Elastomers Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 5.60 Billion
Market Size by 2030 US$ 8.72 Billion
CAGR CAGR of 5.7% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By type (Thermoset, Thermoplastic)
• By chemistry (Styrene 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)
• By Application (Residential, Non-residential, Civil Engineering)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Huntsman Corporation, S. A, Chemical Corporation, Dow, Teknor Apex Company, Covestro AG, Lubrizol Corporation,Mitsubishi Chemical Company, BASF SE, Kraton Corporation, China Petroleum, Tosh Corporation, DuPont
DRIVERS • Rising demand from the construction sector
Restraints • Elastomers for building are more expensive than traditional materials.

Frequently Asked Questions

Ans: Biobased elastomers are entering a new market  are the opportunity for Construction Elastomers Market.

 

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Rising demand from the construction sector are the drivers for Construction Elastomers Market.

 

Ans: Elastomers used in the construction industry offer the advantages of both plastic and rubber. Elastomer rubbery materials are composed of long-chain-like molecules or polymers that can be severely stretched and then returned to their original shape.

Ans: Construction Elastomers Market Size was valued at USD 5.60 billion in 2022, and is expected to reach USD 8.72 billion by 2030, and grow at a CAGR of 5.7% over the forecast period 2023-2030.

 

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Construction Elastomers Market Segment, By type

8.1 Thermoset

8.2 Thermoplastic

9. Construction Elastomers Market Segment, By chemistry

9.1 Styrene block copolymers (SBC)

9.2 Thermoplastic polyurethanes (TPU)

9.3 Styrene-butadiene (SBR)

9.4 Ethylene-propylene (EPM/EPDM)      

9.5 Natural Rubber (NR)

9.6 Thermoplastic polyolefin (TPO)

9.7 Butyl Elastomer (IIR)

9.8 Acrylic (ACM) Elastomer

9.9 Thermoplastic vulcanizate (TPV)

9.11 Silicone (Q) Elastomer

9.11 Others

10. Construction Elastomers Market Segment, By Application

10.1 Residential

10.2 Non-residential

10.3 Civil Engineering

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profile

12.1 Huntsman Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 S. A.

12.3 Chemical Corporation

12.4 Dow

12.5 Teknor Apex Company

12.6 Covestro AG

12.7 Lubrizol Corporation

12.8 Mitsubishi Chemical Company

12.9 BASF SE

12.10 Kraton Corporation

12.11 China Petroleum

12.12 Tosh Corporation

12.13 DuPont

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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