2023 Construction Elastomers Global Market | Insights, Industry Outlook, Growing Trends And Top Key Players The Dow Chemical Company, Arkema S.A., BASF SE, Covestro AG, Huntsman Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Construction Elastomers market report by The Business Research Company, the increase in the demand for sustainable buildings is expected to serve as a major driver of the construction elastomer market in the forecast period. The goal of sustainable construction is to reduce the industry's environmental impact by implementing sustainable development methods, increasing energy efficiency, and adopting green technologies. Construction elastomers are environmentally benign, renewable, and secure to use for both residential and non-residential purposes.

The global construction elastomers market size grew from $5.32 billion in 2022 to $5.85 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction elastomers market size is expected to grow to $7.8 billion in 2027 at a CAGR of 7.4%.

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Major competitors in the Construction Elastomers market include The Dow Chemical Company, Arkema S.A., BASF SE, Covestro AG, Huntsman Corporation, Tosoh Corporation, Evonik Industries AG, Mitsubishi Chemical Company, The Lubrizol Corporation, SIBUR, Teknor Apex Company, Dynasol Elastomers, Kraton Corporation, Asahi Kasei Corporation, Exxon Mobil Corporation, and Lanxess AG.

The Construction Elastomers market is segmented -
• By Type: Thermoset, Thermoplastic
• 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), Other Chemistry
• By Application: Residential, Non-Residential, and Civil Engineering
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Construction Elastomers market.

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Construction elastomers are synthetic polymers with elastic properties that are used in the building industry. Elastomers are rubbery materials comprised of lengthy chainlike molecules or polymers that 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.

The Table Of Content For The Construction Elastomers Market Include:
1. Executive Summary
2. Construction Elastomers Market Characteristics
3. Construction Elastomers Market Trends And Strategies
4. Construction Elastomers Market - Macro Economic Scenario
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

The "Global Construction Elastomers Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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