MARKET INTRODUCTION
The elastomers used in construction industry provide advantages of both plastics and rubber. It rubbery material of elastomers is composed of long chainlike molecules, or polymers, which are capable of recovering their original shape after being stretched to great extents. It is categorized based on elastomeric materials that melt when heated. Sealants and caulking are used to fill cracks and gaps in the construction industry.
MARKET DYNAMICS
The rise in demand of elastomers from construction industry is the key factor driving the market growth. The growing consumption of elastomers in the construction industry is increasing owing to their tear resistance, abrasion resistance, impact strength, high elongation, and good resilience. It is used in construction industry for various application which includes bitumen modification, wall coverings, waterproofing, carpeting, windows & door frames, artificial turf, window & weather seals, expansion joints, road markings, and shelter components. The emerging demand for biobased elastomers is holding potential growth opportunity for construction elastomers which is further anticipated to drive the market growth.
MARKET SCOPE
The "Global construction elastomers Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the construction elastomers market with detailed market segmentation by coating type and application. The global construction elastomers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading construction elastomers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global construction elastomers market is segmented into type and application. 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.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global construction elastomers market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The construction elastomers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the construction elastomers market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the meat plastic casing market in these regions.
MARKET PLAYERS
The report covers vital developments in the construction elastomers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the construction elastomers market are anticipated to witness lucrative growth opportunities in the future with the rising demand for construction elastomers in the global market. Below mentioned is the list of few companies engaged in the construction elastomers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the construction elastomers market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Arkema
- Dow
- Covestro AG
- Huntsman International LLC.
- Teknor Apex
- The Lubrizol Corporation
- KRATON CORPORATION
- Mitsubishi Chemical Corporation
- DuPont
- Evonik
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