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Construction Elastomers Market 2022 - Top Industry Trends | Segments | Future Scope | Demand | Industry Growth Projections | Opportunities
Construction Elastomers Market
The regions covered in the construction elastomers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest construction elastomers market share.
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The construction elastomers market consists of sales of elastomers by entities (organizations, sole traders, and partnerships) that are synthetic polymers having elastic properties used in the construction industry. Elastomers are rubbery materials comprised of lengthy chainlike molecules or polymers which can be stretched to vast distances and still return to their original shape. Elastomers combine the benefits of both plastics and rubber, resulting in a new form that is used in a variety of construction applications. The strong impact and tear resistance of construction elastomers is utilized for roofing sheets and window profiles, building insulation, adhesives, gaskets, and door handle seals.
Key competitors in the construction elastomers market are The Dow Chemical Company, Arkema S.A, BASF SE, Covestro AG, Huntsman Corporation, Tosoh Corporation.
The global construction elastomers market size is expected to grow from $4.75 billion in 2021 to $5.27 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The construction elastomer market is expected to reach $6.89 billion in 2026 at a CAGR of 6.9%.
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TBRC's report segments the global construction elastomers market:
1) By Type: Thermoset, Thermoplastic
2) By Chemistry: Styrene Block Copolymers (SBCs), Thermoplastic Polyurethanes (TPU), Styrene-Butadiene (SBR), Ethylene Propylene Diene Monomer (EPDM), Natural Rubber, Acrylic Elastomer (ACM), Butyl Elastomer (IIR), Others
3) By Application: Residential, Non-Residential, Civil Engineering
Read Further On The Construction Elastomers Market Here:
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The Table Of Contents Includes:
1. Executive Summary
2. Construction Elastomers Market Characteristics
3. Construction Elastomers Market Trends And Strategies
4. Impact Of COVID-19 On Construction Elastomers
5. Construction Elastomers Market Size And Growth
……
28. Key Mergers And Acquisitions In The Construction Elastomers Market
29. Construction Elastomers Market Future Outlook And Potential Analysis
30. Appendix
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