Construction Elastomers Market is projected to expand at a steady CAGR over the forecast by 2031 | Arkema, Dow, Covestro AG, Huntsman International, Teknor Apex

Global Construction Elastomers Market report from Global Insight Services is the single authoritative source of intelligence on Construction Elastomers Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Construction elastomers are a class of polymeric materials that exhibit elasticity and are used in a variety of construction applications. Common examples of construction elastomers include natural rubber, neoprene, and silicone. These materials are generally characterized by high strength, durability, and weather resistance, making them ideal for use in outdoor applications. Construction elastomers are often used in sealing and insulation applications, as well as in the manufacture of tires, hoses, and other rubber products.

Key Trends:

One of the key trends in construction elastomers technology is the development of more environmentally friendly and sustainable materials. Construction elastomers are often made from petroleum-based materials, which can have a negative impact on the environment. As such, there is a growing demand for construction elastomers made from renewable or recycled materials.

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Key Drivers:

The key drivers of the construction elastomers market are the growing demand for infrastructure development and the rapid urbanization and industrialization across the globe. The construction industry is one of the major end-use industries of elastomers and is expected to grow at a significant pace during the forecast period. The other drivers include the growing automotive industry, which is a major consumer of elastomers, and the increasing demand for elastomers from the healthcare sector.

Market Segmentation:

The global construction elastomers market is segmented into type, application and region. By type, the construction elastomers market is classified into thermoset and thermoplastic. By application, the construction elastomers market is segmented into residential, non-residential, and civil engineering. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.

Key Players:

The key players in the global construction elastomers market are Arkema, Dow, Covestro AG, Huntsman International LLC., Teknor Apex, The Lubrizol Corporation, KRATON CORPORATION, Mitsubishi Chemical Corporation, DuPont.

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