Construction Elastomers Market to Witness Huge Growth by Key Players: BASF SE, The Dow Chemical Company, Covestro AG, Huntsman Corporation, Teknor Apex Company, Lubrizol Corporation, Tosh Corporation, Kraton Corporation

Global Construction Elastomers Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global construction elastomers market size was USD 5.1 billion in 2021 and is projected to reach USD 6.7 billion by 2026, at a CAGR of 5.8% between 2021 and 2026. This report spread across 228 Pages, Profiling 20 Companies and Supported with 214 Tables and 59 figures are now available in this research.

Top Companies Profiled in the Construction Elastomers Market:
• Arkema S.A (France)
• BASF SE (Germany)
• The Dow Chemical Company (The US)
• Covestro AG (Germany)
• Huntsman Corporation (The US)
• Teknor Apex Company (The US)
• Lubrizol Corporation (The US)
• Tosh Corporation (Japan)
• Kraton Corporation (The US)
• China Petroleum and Chemical Corporation (China)
• Mitsubishi Chemical Company (Japan)
• DuPont (The US)
• SIBUR (Russia)
• Dynasol Elastomers (Spain)

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“Residential: the fastest-growing application of construction elastomers market.”
Residential is the largest application in the construction elastomers market. Construction elastomers are used in insulations, roofing sheets & window profiles gaskets, door handle seal, and adhesives in residential construction applications. This segment account for about 50% market share in terms of value in 2020. The sector was impacted a slow growth due to global economic slowdown.

“APAC is estimated to be the fastest-growing market for construction elastomers.”
APAC accounted for the largest share in terms of volume and value of the construction elastomers market in 2020, followed by North America and Europe. The use of construction elastomers is expected to witness the highest growth in the APAC region during the forecast period. The market in this region is driven by the recovery of the construction sector in China, India, and Southeast Asian countries. Global elastomers manufacturers are investing in APAC countries in establish their production plants to enhance their market presence in the region.

“Construction elastomers market slow down its growth in 2020.”
The construction elastomers market in 2020 experienced slow growth in terms of volume, compared to 2019 due to the COVID-19 pandemic. The construction industry is a significant consumer of construction elastomers. The effect of COVID-19 on the construction industry led to declining sales and the layoff of employees.

Competitive Landscape of Construction Elastomers Market:
1 Introduction
2 Ranking Analysis Of Key Market Players, 2021
3 Company Product Footprint
4 Market Share Analysis
5 Company Evaluation Matrix Definition And Technology
5.1 Star
5.2 Pervasive
5.3 Product Footprint
5.4 Emerging Leader
6 Startups And Small And Medium-Sized Enterprises (Smes) Evaluation Matrix
6.1 Responsive Companies
6.2 Dynamic Companies
6.3 Starting Blocks
7 Market Evaluation Framework
8 Competitive Scenario
9 Revenue Analysis Of Top Players

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Research Coverage:
This research report categorizes the construction elastomers market on the basis of type, chemistry, application, and region. The report includes detailed information regarding the major factors influencing the growth of the construction elastomers market, such as drivers, restraints, challenges, and opportunities.

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