Report Scope & Overview:
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.
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Rising demand from the construction sector
Elastomers for building are more expensive than traditional materials.
Biobased elastomers are entering a new market.
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.
Styrene block copolymers (SBC)
Thermoplastic Polyurethanes (TPU)
Natural Rubber (NR)
Thermoplastic polyolefin (TPO)
Butyl Elastomer (IIR)
Acrylic (ACM) Elastomer
Thermoplastic vulcanizate (TPV)
Silicon (Q) Elastomer
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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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
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
|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|
|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.|
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Construction Elastomers Market Segment, By type
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
10. Construction Elastomers Market Segment, By Application
10.3 Civil Engineering
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Huntsman Corporation
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
12.5 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
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
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