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The Construction Elastomers Market size was valued at USD 5.7 Billion in 2023. It is expected to grow to USD 9.5 Billion by 2032 and grow at a CAGR of 5.8% over the forecast period of 2024-2032.
The automotive industry's demand for lightweight, versatile materials is driving the growth of the construction elastomers market. Thermoplastic elastomers (TPEs) are popular for their ease of use, design flexibility, and recyclability. Notably, 40% of global TPE consumption goes towards vehicle manufacturing. With the rising production of automobiles over 94 million units globally in 2023 and the growing electric vehicle market in China, the demand for elastomers is expected to surge. These lightweight materials enhance design freedom and contribute to fuel efficiency and reduced emissions, aligning perfectly with the auto industry's evolving priorities. These versatile elastomers are used throughout a car and many can even be recycled, aligning with the auto industry's growing environmental concerns. The rising electric vehicle (EV) market presents another exciting opportunity. Since EVs prioritize lightweight materials and noise dampening, they often require even more elastomers.
Rapidly increasing attention to sustainable and energy-efficient construction has become one of the primary driving forces contributing to the growing popularity of elastomers in green roofing systems. In particular, such materials as ethylene propylene diene monomer and styrene-butadiene-styrene have been extensively applied in the roofing industry. The popularity of elastomers in such contexts can be explained by their unparalleled durability, resistance to harsh weather, specifically, the sun and other UV sources, as well as extreme flexibility for low- and high-temperature applications. In this way, both EPDM and SBS can prolong the lifespan of roofs and reduce maintenance costs.
Furthermore, as the number of green and sustainable construction projects and the accompanying regulations continue to grow, the popularity of using elastomers widely in roofing applications is expected to keep increasing, thus directly driving the market growth in the construction industry. The U.S. Environmental Protection Agency (EPA) reports that green roofs can reduce building cooling costs by up to 50%, depending on the building’s location and design. This reduction is largely due to the enhanced insulation and heat reflection properties provided by materials like EPDM and SBS elastomers.
Drivers
Elastomers are increasingly popular in construction due to the combination of strength and flexibility.
Elastomers are resistance to abrasion, tearing, and harsh weather making them ideal for a wide range of applications. From essential building components like roofing membranes and weather stripping to carpeting, wall coverings, and even artificial turf, elastomers offer superior performance. The introduction of TPU and TPE elastomers further elevates construction possibilities. These advanced materials offer exceptional UV protection, enhanced mechanical performance, and increased durability, all while maintaining a visually appealing aesthetic. The ability to custom-color elastomers to match any building design adds another layer of versatility. Collaboration between raw material and elastomer manufacturers is leading to the development of even more specialized solutions for both interior and exterior applications. Ongoing research and development efforts focused on improving elastomer properties further enhance their potential in the ever-evolving construction landscape.
According to the U.S. Department of Commerce, the construction sector contributes approximately USD 1.8 trillion to the U.S. GDP annually, with a significant portion of this attributed to building materials that improve durability and performance. The growing demand for advanced materials like thermoplastic polyurethane (TPU) and thermoplastic elastomers (TPE) aligns with federal initiatives to promote resilience in infrastructure.
Restraint
Rising costs and competition challenge construction elastomer market growth
An increase in the prices for construction elastomers is a major challenge for consumers. The constant rise in crude oil and its derivatives, along with increasing labor and energy costs, pushes the price of elastomers upwards. Unlike some materials, elastomers can't use low-cost fillers to bring down the cost. Additionally, the specialized equipment needed for their production requires a high initial investment. This cost pressure, coupled with competition between different elastomer types, restricts market growth. Manufacturers are fighting back by researching cost-cutting production technologies and developing substitutes with less reliance on petrochemicals.
Opportunity
Emerging bio-based elastomers in the construction elastomers market.
Bio-based elastomers derived from renewable resources like vegetable oils and fatty acids, are emerging as a strong alternative to traditional materials. Not only do they offer equivalent or even superior properties for construction, electronics, and footwear applications, but their production boasts significant environmental benefits. Biobased elastomers are readily biodegradable, minimizing their environmental footprint compared to their non-renewable counterparts. This, coupled with continuous innovation and commercialization efforts, is creating exciting opportunities for manufacturers. Recognizing this shift, many synthetic elastomer producers are focusing on developing sustainable solutions. Companies like BASF and Lubrizol are leading the charge, offering biobased elastomers for a diverse range of industries, including construction, footwear, automotive, and electronics.
By Type
The thermoset segment by type has dominated the construction industry and held a share of around 62% in 2023. Their exceptional weather resistance, thermal stability, and durability make them the go-to choice for various construction applications. These champions can withstand harsh environments while retaining their shape and resilience, ensuring superior performance in sealing, insulation, and structural elements. Their impressive chemical resistance adds to their versatility. As the demand for long-lasting building materials intensifies, thermoset elastomers are perfectly positioned to meet the industry's high-performance needs, propelling construction projects worldwide. In India Thermoset prioritizes customer satisfaction by rigorously testing every product against stringent industry standards. This commitment to quality ensures customers receive top-of-the-line kitchenware built to last.
By Chemistry
The styrene block copolymers (SBCs) segment by chemistry has dominated the construction elastomer market which held over 38% share in 2023. Their dominance can be attributed to their versatility. SBCs offer a powerful combination of adhesion, toughness, and flexibility, making them ideal for diverse applications. They can withstand a wide range of weather conditions while maintaining resilience, proving their worth in sealants, adhesives, roofing materials, and insulation. SBCs offer more than just performance, they present exciting opportunities for innovation, including the development of eco-friendly formulas and cutting-edge technology. This focus on sustainability and continuous improvement positions SBCs as a vital partner in meeting the ever-evolving needs of the construction sector for high-performance elastomeric materials.
By Application
The Residential construction sub-segment led the construction elastomer market and captured over 52% of the market share by value in 2023. This dominance is fueled by the impressive physical property’s elastomers offer for homes and buildings. From weatherability and impact resistance to elasticity, flexibility, and aesthetics, elastomers provide a winning combination. Additionally, they boast superior heat resistance, thermal stability, and strong adhesion, and contribute to improved construction safety. By developing innovative and sustainable elastomer solutions that meet the evolving needs of the residential construction industry.
The Asia-Pacific region held the largest market share around 44% in 2023. The automotive industry, particularly the rising electric vehicle market in China alone sold 3.3 million units in 2021 and is a major consumer of elastomers used in tires, belts, and hoses. the construction sector across the region is experiencing explosive growth, according to the National Bureau of Statistics China, the output value of construction works reached CNY 25.92 trillion, reflecting an impressive 11% increase. This led to a surge in demand for elastomers used in construction materials like adhesives and sealants. India is also one of the world's largest consumers of construction elastomers. The Indian government's "Make in India" initiative is expected to significantly accelerate the construction industry's growth, further propelling the demand for construction elastomers throughout the forecast period. In essence, a growing automotive industry, a booming construction sector, and an overall rise in infrastructure development solidify Asia-Pacific's position at the forefront of the elastomer market.
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Key Players
Raw Key Manufacturers
Arkema S.A (Pebax)
Dynasol Elastomers (Calprene)
BASF SE (Elastollan)
Evonik Industries AG (Vestamid)
Dow (ENGAGE)
SIBUR (SIBUR TPE)
Covestro AG (Desmopan)
DuPont (Hytrel)
Huntsman Corporation (Irogran)
Mitsubishi Chemical Company (Thermoplast)
Teknor Apex Company (Monprene)
China Petroleum and Chemical Corporation (Sinopec TPE)
Lubrizol Corporation (Estane)
Kraton Corporation (Kraton G)
Tosoh Corporation (Nipol)
ExxonMobil (Vistalon)
LG Chem (LUPOY)
Wacker Chemie AG (Elastosil)
LANXESS AG (Therban)
SABIC (Lexan)
Key Users in End -Use Industry
DR Horton
Lennar Corporation
PulteGroup
KB Home
Meritage Homes
Toll Brothers
Century Communities
Ryan Homes
Hovnanian Enterprises
Richmond American Homes
Cavco Industries
Recent Development:
In February 2023: The isoprene-related product market, Kuraray Co., Ltd. announced the completion of a new factory in Thailand. This facility is expected to come online soon in phases and will boost the global supply chain for key products like MPD, SEPTON, and GENESTAR, catering to the rising global demand for these materials.
In February 2024: Arkema ramps up Pebax elastomer production with a new, advanced facility in France. This allows them to produce both their eco-friendly and classic elastomers, used in everything from sports shoes to medical devices.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 5.7 Billion |
| Market Size by 2032 | US$ 9.5 Billion |
| CAGR | CAGR of 5.8% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| 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 USD 5.47 billion in 2023 and is expected to Reach USD 9.01 billion by 2032.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, by Type, 2023
5.2 Feedstock Prices, by Country, by Type, 2023
5.3 Regulatory Impact, by l Country, by Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, by Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Construction Elastomers Market Segmentation, by Type
7.1 Chapter Overview
7.2 Thermoset
7.2.1 Thermoset Market Trends Analysis (2020-2032)
7.2.2 Thermoset Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Thermoplastic
7.3.1 Thermoplastic Market Trends Analysis (2020-2032)
7.3.2 Thermoplastic Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Construction Elastomers Market Segmentation, by Chemistry
8.1 Chapter Overview
8.2 Styrene block copolymers (SBC)
8.2.1 Styrene block copolymers (SBC) Market Trends Analysis (2020-2032)
8.2.2 Styrene block copolymers (SBC) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Thermoplastic Polyurethanes (TPU)
8.3.1 Thermoplastic Polyurethanes (TPU) Market Trends Analysis (2020-2032)
8.3.2 Thermoplastic Polyurethanes (TPU) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Styrene-butadiene (SBR)
8.4.1 Styrene-butadiene (SBR) Market Trends Analysis (2020-2032)
8.4.2 Styrene-butadiene (SBR) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Ethylene-propylene (EPM/EPDM)
8.5.1 Ethylene-propylene (EPM/EPDM) Market Trends Analysis (2020-2032)
8.5.2 Ethylene-propylene (EPM/EPDM) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Natural Rubber (NR)
8.6.1 Natural Rubber (NR) Market Trends Analysis (2020-2032)
8.6.2 Natural Rubber (NR) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Thermoplastic polyolefin (TPO)
8.7.1 Thermoplastic polyolefin (TPO) Market Trends Analysis (2020-2032)
8.7.2 Thermoplastic polyolefin (TPO) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Butyl Elastomer (IIR)
8.8.1 Butyl Elastomer (IIR) Market Trends Analysis (2020-2032)
8.8.2 Butyl Elastomer (IIR) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.9 Acrylic (ACM) Elastomer
8.9.1 Acrylic (ACM) Elastomer Market Trends Analysis (2020-2032)
8.9.2 Acrylic (ACM) Elastomer Market Size Estimates and Forecasts to 2032 (USD Billion)
8.10 Thermoplastic vulcanizate (TPV)
8.10.1 Thermoplastic vulcanizate (TPV) Market Trends Analysis (2020-2032)
8.10.2 Thermoplastic vulcanizate (TPV) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.11 Silicon (Q) Elastomer
8.11.1 Silicon (Q) Elastomer Market Trends Analysis (2020-2032)
8.11.2 Silicon (Q) Elastomer Market Size Estimates and Forecasts to 2032 (USD Billion)
8.12 Others
8.12.1 Others Market Trends Analysis (2020-2032)
8.12.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Construction Elastomers Market Segmentation, by Application
9.1 Chapter Overview
9.2 Residential
9.2.1 Residential Market Trends Analysis (2020-2032)
9.2.2 Residential Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Non-residential
9.3.1 Non-residential Market Trends Analysis (2020-2032)
9.3.2 Non-residential Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Civil Engineering
9.4.1 Civil Engineering Market Trends Analysis (2020-2032)
9.4.2 Civil Engineering Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.4 North America Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.2.5 North America Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.6.2 USA Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.2.6.3 USA Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.7.2 Canada Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.2.7.3 Canada Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.2.8.3 Mexico Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.1.6.3 Poland Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.1.7.3 Romania Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.5 Western Europe Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.6.3 Germany Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.7.2 France Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.7.3 France Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.8.3 UK Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.9.3 Italy Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.10.3 Spain Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.13.3 Austria Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.5 Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.6.2 China Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.6.3 China Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.7.2 India Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.7.3 India Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.8.2 Japan Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.8.3 Japan Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.9.3 South Korea Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.10.3 Vietnam Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.11.3 Singapore Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.12.2 Australia Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.12.3 Australia Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.1.5 Middle East Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.1.6.3 UAE Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.4 Africa Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.2.5 Africa Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Construction Elastomers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.4 Latin America Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.6.5 Latin America Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.6.6.3 Brazil Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.6.7.3 Argentina Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.6.8.3 Colombia Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Construction Elastomers Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Construction Elastomers Market Estimates and Forecasts, by Chemistry (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Construction Elastomers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11. Company Profiles
11.1 Arkema S.A
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Dynasol Elastomers
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 BASF SE
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Evonik Industries AG
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Dow
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Covestro AG
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 DuPont
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Huntsman Corporation
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Mitsubishi Chemical Company
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Teknor Apex Company
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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)
Silicon (Q) Elastomer
Others
By Application
Residential
Non-residential
Civil Engineering
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
Aerosol Market Size was valued at USD 85.4 Billion in 2023 and is expected to reach USD 150.2 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032.
Electric Vehicle Fluids Market Size was valued at USD 1.2 Billion in 2023 and is expected to reach USD 12.6 Billion by 2032 and grow at a CAGR of 29.5% over the forecast period 2024-2032.
Industrial Coatings Market Size was valued at USD 110.2 billion in 2023, and is expected to reach USD 150.19 billion by 2032 and grow at a CAGR of 3.5% over the forecast period 2024-2032.
Ultra-High Molecular Weight Polyethylene Market size was USD 2.75 Bn in 2023 and is expected to Reach USD 7.46 Bn by 2032 at a CAGR of 11.73% from 2024-2032.
The Unsaturated Polyester Resins Market size was valued at USD 13.1 Billion in 2023. It is expected to grow to USD 22.4 Billion by 2032 and grow at a CAGR of 6.2% over the forecast period of 2024-2032.
The Adhesive Tapes Market Size was valued at USD 81.5 billion in 2023 and is expected to reach USD 134.6 billion by 2032 and grow at a CAGR of 5.8% over the forecast period 2024-2032.
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