한글목차

세계 건설용 엘라스토머 시장의 전망은 유망하며, 주거용 시장과 비주거용 시장에서 기회가 있을 것으로 보입니다. 세계 건설용 엘라스토머 시장은 2025년부터 2031년까지 6.4%의 연평균 성장률을 보일 것으로 예상됩니다. 이 시장의 주요 촉진요인은 내구성과 유연성이 뛰어난 건축자재에 대한 수요 증가와 에너지 효율적인 건설에 대한 관심 증가입니다.

• Lucintel은 유형별로는 열가소성 플라스틱이 예측 기간 동안 높은 성장세를 보일 것으로 예상하고 있습니다.
• 용도별로는 비주거용이 높은 성장이 예상됩니다.
• 지역별로는 아시아태평양이 예측 기간 동안 가장 높은 성장을 보일 것으로 예상됩니다.

건설용 엘라스토머 시장의 새로운 동향

건설용 엘라스토머 시장은 지속가능한 재료에 대한 수요 증가, 기술 발전, 산업 수요의 변화로 인해 변화하고 있습니다. 이러한 추세는 시장의 미래를 바꾸고 새로운 엘라스토머 제품 창출에 영향을 미치고 있습니다. 다음은 건설용 엘라스토머 시장에 큰 영향을 미칠 것으로 예상되는 새로운 트렌드입니다.

• 지속가능성과 친환경 제품 : 지속가능성은 건설용 엘라스토머 산업에서 중요한 트렌드입니다. 환경 문제가 심각해짐에 따라, 제조업체들은 재활용 가능한 원료와 생물 유래 원료로 엘라스토머를 제조하는 데 주력하고 있습니다. 그 배경에는 건축자재의 생태 발자국을 최소화하고 엄격한 규제를 준수해야 할 필요성이 있습니다. 또한, 지속가능한 엘라스토머는 에너지 효율이 높은 건물로 이어지는 단열성 향상과 같은 에너지 절약 기능을 갖추고 있기 때문에 점점 더 인기를 얻고 있습니다. 성능과 지속가능성의 균형을 갖춘 제품이 증가함에 따라 친환경 엘라스토머는 건축 시장에서 빠르게 성장하고 있습니다.
• 지능형 고성능 엘라스토머 : 건설 시장에서는 보다 고성능의 재료가 요구되고 있으며, 스마트 엘라스토머의 연구개발이 본격화되고 있습니다. 이러한 엘라스토머는 온도, 습도 등 환경 조건의 변화에 따라 특성을 변화시켜 성능을 향상시키도록 설계되어 있습니다. 예를 들어, 지붕재나 실링재에 사용되는 엘라스토머는 내구성을 확보하고 유지보수 비용을 낮추기 위해 자가복구 기능을 가질 수 있습니다. 이러한 첨단 소재는 낮은 유지보수 비용과 내구성 있는 솔루션을 보장하기 위해 건축물과 인프라에 통합되고 있으며, 건설용 엘라스토머 시장의 두드러진 트렌드가 되고 있습니다.
• 디지털화 및 자동화 활용 : 디지털화 및 자동화의 활용은 건설 사업에서 널리 보급되고 있으며, 엘라스토머 제조업체도 이에 뒤처지지 않고 있습니다. 디지털 기술은 제품 설계, 테스트 및 생산에 적용되어 보다 정확하고 효율적인 제조 공정을 가능하게 합니다. 자동화를 통해 생산 주기가 빨라지고, 비용이 절감되며, 생산량이 증가합니다. 디지털 툴은 실제 응용 분야에서 엘라스토머 소재의 성능을 더 잘 이해하고, 보다 최적화되고 신뢰할 수 있는 제품을 생산하기 위해 활용되고 있습니다. 그 결과, 엘라스토머의 생산이 용이해져 건설 프로젝트에서 최소한의 비용으로 쉽게 사용할 수 있게 되었습니다.
• 에너지 효율이 높은 건축자재 : 에너지 효율이 우수한 건축자재는 건축 구조의 성장 추세로 부상하고 있으며, 이에 따라 단열 및 방음 성능이 우수한 엘라스토머가 널리 사용되고 있습니다. 건물의 지붕재, 바닥재, 벽재로 사용되는 엘라스토머를 통해 에너지 효율을 달성할 수 있습니다. 이 제품들은 단열성을 높여 냉난방 비용을 낮추기 때문에 환경 친화적인 건물 설계에 필수적인 요소로 자리 잡고 있습니다. 건설 부문에서 에너지 효율이 강조되면서 성능뿐만 아니라 지속가능성을 갖춘 엘라스토머는 주거, 상업, 산업 분야에서 수요가 확대될 것으로 예상됩니다.
• 조립식 건축의 성장 : 조립식 건축은 건축 기간을 단축하는 비용 효율적인 건축 방법으로 널리 받아들여지고 있습니다. 엘라스토머는 조립식 공정, 특히 조립식 부품과 모듈식 부품에서 중요한 역할을 합니다. 엘라스토머는 조립식 패널, 문, 창문 및 기타 건물의 방수, 단열 및 밀봉에 사용됩니다. 조립식 건축의 성장, 특히 저비용 주택에 대한 수요가 높은 지역에서의 성장은 엘라스토머 생산업체에게 큰 기회입니다. 이 소재는 조립식 건축의 속도, 강도 및 전반적인 성능을 담당하고 있습니다.

건설용 엘라스토머 시장의 트렌드는 지속가능성, 성능, 기술에 중점을 두고 있습니다. 에너지 효율이 높고, 고성능이며, 친환경적인 소재에 대한 수요가 증가함에 따라 엘라스토머는 이러한 수요를 충족시키기 위해 변모하고 있습니다. 이러한 추세는 시장을 변화시키고 있으며, 제조업체와 건설사에게 새로운 기회를 제공하고 있습니다.

건설용 엘라스토머 시장의 최근 동향

건설용 엘라스토머 산업은 혁신, 성능, 지속가능성을 추구하는 업계의 태도를 보여주는 몇 가지 주요 발전이 있었습니다. 이러한 발전은 시장을 정의하고 새로운 성장의 길을 열어주고 있습니다. 다음은 건설용 엘라스토머 산업에 큰 영향을 미친 5가지 주요 발전 사항을 소개합니다.

• 바이오 기반 엘라스토머의 개발 : 건설용 엘라스토머 산업에서 가장 주목할 만한 개발 중 하나는 바이오 기반 엘라스토머의 개발입니다. 이러한 재료는 식물이나 천연 고무와 같은 재생 가능한 자원에서 얻어지며, 기존의 석유 기반 엘라스토머에 비해 더 지속가능한 옵션을 제공합니다. 바이오 기반 엘라스토머는 밀봉재, 접착제, 코팅제 등의 용도로 사용되며, 건축의 탄소 배출량 감소에 기여하기 때문에 점점 더 많은 인기를 얻고 있습니다. 이러한 기술 혁신은 환경 의식의 증가와 건설 분야에서 친환경 소재의 필요성에 부합하는 것입니다.
• 엘라스토머 코팅 및 실란트 혁신 : 엘라스토머 코팅 및 실란트의 혁신은 건축용 엘라스토머 시장에 큰 영향을 미치고 있습니다. 엘라스토머 코팅 및 실란트는 내후성, 자외선 열화 및 수분 침투에 대한 보호 기능을 강화하여 지붕, 벽 및 외관에 사용하기에 적합합니다. 이 카테고리의 발전으로 더 탄력적이고 오래 지속되는 재료가 생산되어 건물의 유지보수 비용을 절감할 수 있게 되었습니다. 보다 유연하고 끈적끈적한 엘라스토머 페인트와 실링 재료는 에너지 효율이 높은 건축 및 보호에 중점을 둔 프로젝트에서 인기를 얻고 있습니다.
• 그린 빌딩 인증의 증가 : LEED(Leadership in Energy and Environmental Design)와 같은 그린 빌딩 인증의 이용 확대가 그린 엘라스토머의 수요를 촉진하고 있습니다. 건설업체와 개발업체들은 에너지 절약, 지속가능성 증진, 환경 발자국 감소를 실현할 수 있는 소재를 요구하고 있습니다. 친환경 건축에 적합한 엘라스토머는 현재 단열재, 방수재, 실링재 등 건축의 다양한 용도에 사용되고 있습니다. 이에 따라 엘라스토머는 친환경 건축을 위한 중요한 재료로 자리매김하고 있습니다.
• 엘라스토머 제조 기술의 발전 : 엘라스토머 제조 기술의 발전은 비용 효율적인 고성능 소재의 생산을 촉진했으며, 3D 프린팅과 자동화를 포함한 새로운 제조 방법은 제품의 품질과 균일성을 향상시키고 제조 비용을 낮추었습니다. 이러한 기술 혁신으로 엘라스토머는 주거용 및 상업용 등 다양한 건설 프로젝트에 활용되고 있습니다. 또한, 특정 특성을 가진 엘라스토머를 생산할 수 있게 되면서 내진 설계 및 에너지 효율이 높은 건축물과 같은 틈새 시장에서도 엘라스토머의 사용 범위가 확대되고 있습니다.
• 방수와 내구성의 중요성 : 방수와 내구성은 건축 분야의 주요 과제이며, 엘라스토머 기술의 발전은 이러한 요구에 부응해 왔습니다. 방수 특성을 향상시킨 엘라스토머는 기초, 지하실, 지붕 및 기타 건축의 주요 부분에 적용되고 있습니다. 엘라스토머는 물의 침투, 곰팡이, 습기로 인한 열화에 대한 저항력이 뛰어나 건물의 장기적인 내구성을 보장합니다. 내구성과 내수성에 대한 중요성이 강조되면서 다양한 환경과 기후의 건축물 건설 활동에서 고성능 엘라스토머의 필요성이 증가하고 있습니다.

최근 건설용 엘라스토머 시장의 발전은 보다 지속가능하고 오래 지속되는 고성능 제품을 생산하고 있습니다. 바이오 기반 엘라스토머에서 혁신적인 엘라스토머에 이르기까지 이러한 새로운 개발은 시장에 혁명을 가져왔으며, 엘라스토머는 오늘날 건축 건설 활동에서 중요한 역할을 하고 있습니다.

목차

제1장 주요 요약

제2장 세계의 건설용 엘라스토머 시장 : 시장 역학

• 소개, 배경, 분류
• 공급망
• 업계 성장 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 건설용 엘라스토머 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 건설용 엘라스토머 시장 : 종류별
  • 열가소성 플라스틱
  • 열경화성 플라스틱
• 세계의 건설용 엘라스토머 시장 : 용도별
  • 주거용
  • 비주거용

제4장 지역별 시장 동향과 예측 분석(2019-2031년)

• 세계의 건설용 엘라스토머 시장 : 지역별
• 북미의 건설용 엘라스토머 시장
• 유럽의 건설용 엘라스토머 시장
• 아시아태평양의 건설용 엘라스토머 시장
• 기타 지역의 건설용 엘라스토머 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 건설용 엘라스토머 시장 성장 기회 : 종류별
  • 세계의 건설용 엘라스토머 시장 성장 기회 : 용도별
  • 세계의 건설용 엘라스토머 시장 성장 기회 : 지역별
• 세계의 건설용 엘라스토머 시장 최신 동향
• 전략적 분석
  • 신제품 개발
  • 세계의 건설용 엘라스토머 시장 생산능력 확대
  • 세계의 건설용 엘라스토머 시장 기업 인수합병(M&A), 합작투자
  • 인증과 라이선싱

제7장 주요 기업 개요

• BASF
• Covestro
• Dow Chemicals
• Teknor Apex
• Lubrizol
• China Petroleum and Chemical Corporation
• Kraton Corporation
• Mitsubishi Chemical
• DuPont
• Evonik Industries

영문목차

The future of the global construction elastomer market looks promising with opportunities in the residential and non-residential markets. The global construction elastomer market is expected to grow with a CAGR of 6.4% from 2025 to 2031. The major drivers for this market are the rising demand for durable & flexible construction materials and the growing focus on energy-efficient construction.

• Lucintel forecasts that, within the type category, thermoplastic plastic is expected to witness higher growth over the forecast period.
• Within the application category, non-residential is expected to witness higher growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the Construction Elastomer Market

The construction elastomer market is transforming due to the increasing need for sustainable materials, advances in technology, and shifting industry demands. The trends are remodeling the market's future and impacting the creation of new elastomer products. The following are the emerging trends that will likely exert a strong influence on the construction elastomer market.

• Sustainability and Eco-Friendly Products: Sustainability is a key trend in the construction elastomer industry. As environmental issues grow, manufacturers are concentrating on creating elastomers from recyclable and bio-sourced raw materials. This is fueled by the necessity to minimize the ecological footprint of construction materials and adhere to strict regulations. Sustainable elastomers are also becoming increasingly popular because they come with energy-saving features like enhanced insulation properties that lead to energy-efficient buildings. The market is witnessing an increase in products that balance performance and sustainability, and therefore eco-friendly elastomers are a rapidly expanding section of the construction market.
• Intelligent and High-Performance Elastomers: With the construction market requiring higher-performance materials, research and development of smart elastomers is in full growth. Such elastomers are designed to change their properties in response to varying environment conditions like temperature and humidity, improving their performance. Elastomers in roofing or sealants, for instance, can have self-healing capabilities to ensure durability and lower maintenance cost. Such advanced materials are being incorporated into constructions and infrastructures to ensure low-maintenance, durable solutions, hence becoming a prominent trend in the construction elastomer market.
• Utilization of Digitalization and Automation: The use of digitalization and automation is becoming more prevalent in the construction business, and manufacturers of elastomers are not far behind. Digital technologies are also applied to product design, testing, and production, allowing for more accurate and efficient manufacturing processes. Automation provides faster cycles of production, decreasing expenses and boosting output. Digital tools are also being utilized to improve the understanding of elastomer material performance in actual applications, creating more optimized and trusted products. This has resulted in easier production of elastomers and easier accessibility with minimal cost in a construction project.
• Energy Efficient Building Materials: Energy-efficient building materials are emerging as the growing trend in building constructions, due to which superior thermal and acoustic insulation elastomers are being widely used. Energy efficiency is attained by the elastomers used as roofing, flooring, and wall coverings for buildings. These products lower the cost of heating and cooling through enhanced insulation and hence form a vital component of green building designs. With increased emphasis on energy efficiency in the construction sector, elastomers with performance as well as sustainability features are likely to witness greater demands in residential, commercial, as well as industrial applications.
• Prefabricated Construction Growth: Prefabrication is gaining wide acceptance as a cost-effective way of constructing buildings with reduced building times. Elastomers are a key component in the prefabrication process, particularly in pre-assembled and modular components. Elastomers are utilized for waterproofing, insulation, and sealing in pre-fabricated panels, doors, windows, and other buildings. The growth of prefabricated construction, especially in regions with high demand for low-cost housing, is a huge opportunity for elastomer producers. The materials are responsible for the speed, strength, and overall performance of prefabricated buildings.

Trends in the construction elastomer market are emerging with a focus on sustainability, performance, and technology. With the growing demand for energy-efficient, high-performance, and environmentally friendly materials, elastomers are transforming to cater to these demands. These trends are transforming the market and providing new opportunities for manufacturers and construction firms alike.

Recent Developments in the Construction Elastomer Market

The construction elastomer industry has witnessed several key developments that demonstrate the industry's quest for innovation, performance, and sustainability. These developments are defining the market and opening up new avenues for growth. Here are five key developments that have influenced the construction elastomer industry significantly.

• Development of Bio-Based Elastomers: One of the most notable developments in the construction elastomer industry is the development of bio-based elastomers. These materials are obtained from renewable sources like plants and natural rubber and provide a more sustainable option compared to conventional petroleum-based elastomers. Bio-based elastomers are becoming increasingly popular for use in applications like sealants, adhesives, and coatings since they contribute to decreasing the carbon footprint of building construction. This innovation is in line with increasing environmental consciousness and the need for environmentally friendly materials in the construction sector.
• Elastomeric Coatings and Sealants Innovation: Innovation in elastomeric coatings and sealants has significantly influenced the market for construction elastomers. Elastomeric coatings and sealants provide enhanced protection from weathering, UV degradation, and moisture penetration, which makes them suitable for use in roofing, walls, and facades. Advances in this category have resulted in the production of more resilient and longer-lasting materials, which lower building maintenance costs. More flexible and adhesive elastomeric coatings and sealants are gaining popularity in energy-efficient construction and in protection-intensive projects.
• Increase in Green Building Certifications: Growing use of green building certifications like LEED (Leadership in Energy and Environmental Design) has fueled demand for green elastomers. Builders and developers increasingly demand materials that save energy, promote sustainability, and reduce environmental footprints. Green building-qualified elastomers are now applied in various applications in construction, such as insulation, waterproofing, and sealing. This is assisting in positioning elastomers as a significant material for environmentally friendly construction.
• Elastomer Manufacturing Technological Advances: Advances in elastomer manufacturing technologies have facilitated the creation of cost-efficient, high-performance materials. New manufacturing methods, including 3D printing and automation, have enhanced product quality and uniformity and lowered the cost of production. These innovations have opened up elastomers to a broader variety of construction projects, both residential and commercial. The capacity to create elastomers with specific properties has also contributed to their expanded use in niche applications like earthquake-resistant buildings and energy-efficient structures.
• Emphasis on Waterproofing and Durability: Waterproofing and durability are primary issues in the building sector, and advances in elastomer technology have met these requirements. Elastomers with increased waterproofing characteristics are employed in foundations, basements, roofs, and other major sections of construction. They provide better resistance against water penetration, mold, and moisture-induced degradation, providing long-term building durability. The emphasis on durability and water resistance has fueled the need for high-performing elastomers in building construction activities in different environments and climates.

The advancements in the market for construction elastomers over recent times have resulted in more sustainable, long-lasting, and high-performance products. With bio-based elastomers to innovation, these new developments are revolutionizing the market, making elastomers a critical piece in today's building construction activities.

Strategic Growth Opportunities in the Construction Elastomer Market

The construction elastomer market offers various growth opportunities due to technological advancements, rising demand for green building materials, and rising infrastructure developments. These opportunities cut across several construction applications, enabling elastomer producers to increase their product range and penetrate new markets. Some of the five most important growth opportunities in the construction elastomer market are highlighted below.

• Sustainable Elastomers for Green Building Projects: Sustainable elastomers represent an emerging opportunity in the building sector, fueled by the need for green building materials. Elastomers produced from renewable, recyclable, or biodegradable sources are increasingly popular in green building applications, especially in roofing, flooring, and insulation. These products enable builders to comply with environmental regulations and green building certification requirements, making them more appealing in energy-efficient building. With the continued expansion of green building practices, manufacturers can bank on the opportunities presented by environmentally friendly elastomers in the construction industry.
• Expansion of Modular and Prefabricated Construction: The growth of prefabricated and modular construction offers a major growth prospect for elastomers. The materials are needed to seal, waterproof, and insulate pre-assembled building elements, and therefore are a vital component of the prefabrication process. As the need for quicker, more cost-effective construction grows, elastomers will have a key role in increasing the durability and performance of modular buildings. This trend is likely to generate major opportunities for elastomer producers as the prefabrication market grows.
• Elastomers in Waterproofing Applications: Waterproofing is a vital consideration in contemporary building, and elastomers are also gaining prominence for use in maximizing water resistance of buildings. Enhanced elastomers for better waterproofing are necessary for applications in foundations, basements, roofs, and facades. As demands for long-term, long-lasting waterproofing are on the rise, demand for high-performance elastomers is projected to increase. Producers can ride on the wave by designing elastomer products with greater waterproofing while keeping them flexible and long-lasting.
• Energy-Efficient Building Materials: High-thermal-insulation elastomers are in demand as the trend focuses more on energy-efficient construction. These elastomers are utilized in applications like insulation, roofing, and windows to minimize energy use in buildings. As energy-efficient buildings become more in demand, manufacturers of elastomers can take advantage of the opportunity to create products that enable greater insulation performance. This trend is expected to propel the development of elastomers with enhanced thermal insulation properties, rendering them a priority material in the green building movement.
• Technological Advances in Elastomer Production: Advances in elastomer production processes are opening up new opportunities for the construction industry to grow. The use of digital technologies, automation, and 3D printing is making it possible to produce elastomers with specific properties and improved performance. These advances are lowering production costs while improving the quality and consistency of the product. The manufacturing companies can utilize these technological improvements to capitalize on the increasing demand for tailor-made elastomers and increase their market share in both residential and commercial building projects.

The construction elastomer industry is experiencing remarkable growth prospects due to sustainable construction practices, innovation, and changing construction trends. By leveraging these opportunities, producers can diversify their product range and address increasing demand for high-performance elastomers in the construction sector.

Construction Elastomer Market Driver and Challenges

The construction elastomer market is affected by numerous technological, economic, and regulatory drivers. The key drivers are improvements in material technology, growing demand for sustainable building options, and increased emphasis on energy-efficient construction. Challenges like raw material prices, environmental laws, and competition from other materials still dominate the market. An awareness of the interplay between drivers and challenges is vital for stakeholders to make sound choices and take advantage of growth prospects in the construction elastomer market.

The factors responsible for driving the construction elastomer market include:

1. Technological Innovation in Elastomer Production: Technological advances in elastomer production greatly affect the market by allowing high-performance, affordable materials to be produced. Automation, digitalization, and new manufacturing technologies enable more accurate and cost-effective production with lower costs and better product uniformity. Further, technologies like 3D printing are facilitating elastomer manufacturers to address the increasing demand for customized materials. These technologies enable the creation of elastomers with improved properties such as improved durability, weatherability, and insulation, all of which enhance their attractiveness in building applications, especially in energy-efficient and green buildings.

2. Need for Sustainable and Eco-Friendly Materials: With growing environmental issues, sustainable construction materials such as elastomers from renewable or recyclable resources are in high demand. Green building codes, like LEED certifications, are encouraging the use of eco-friendly materials in the construction sector. Elastomers from bio-based or recycled materials are part of sustainability initiatives with enhanced performance without compromising on values related to the environment. This driver is likely to keep on expanding as the building sector makes its way towards the reduction of its carbon footprint and compliance with very strict environmental laws, boosting demand for sustainable elastomers.

3. Increase in Energy-Efficient Building: Increased emphasis on energy-efficient buildings is prompting the demand for elastomers with better thermal and acoustic insulation. Elastomers find application in various building uses, including roofing, flooring, and window seals, to enhance energy efficiency. Elastomers are used to decrease heating and cooling expenses by being more insulating. With the focus on energy-efficient construction becoming a priority for both residential and commercial buildings, elastomers that help save energy are likely to witness growing demand. This is in line with international initiatives to fight climate change and minimize energy use in buildings.

4. Urbanization and Infrastructure Development: Urbanization, especially in developing economies such as China and India, has contributed to increased infrastructure development, fueling the use of elastomers in the construction sector. With cities growing and new infrastructure developments arising, elastomers are needed for their adaptability, resilience, and performance across different applications. Elastomers are employed to waterproof, insulate, and seal, all critical to the longevity and functionality of contemporary infrastructure. Urbanization and infrastructure development will continue to drive demand for construction elastomers, especially in high-growth areas.

5. Government Regulations and Incentives for Sustainable Building: Governments across the globe are adopting stricter regulations and providing incentives to promote the adoption of sustainable building materials. Energy-efficient and green building codes and regulations are significantly impacting the elastomer market. Governments are also encouraging the use of green materials by offering incentives like tax rebates and grants. These regulatory drivers are encouraging builders and manufacturers to use elastomers that are environmentally friendly and energy efficient. As regulatory pressure continues to build, elastomer producers will find ways to develop creative solutions that address these demands.

Challenges in the construction elastomer market are:

1. High Raw Material Prices: One of the biggest challenges for the construction elastomer market is the increasing raw material price. Prices of some of the primary raw materials, including synthetic rubber, have been fluctuating based on supply chain issues and high demand. Increased raw material prices translate to increased costs of production, which can affect the general cost of elastomer products. These costs can further be transferred to the consumers, further limiting small and medium enterprises in the construction industry from being able to pay for these materials. Consequently, manufacturers are seeking new raw materials and cost-saving means of production in order to overcome this limitation.

2. Environmental and Regulatory Compliance: The construction elastomer market faces ongoing challenges related to environmental regulations. These regulations focus on reducing the environmental impact of materials used in construction, including elastomers. As a result, manufacturers must ensure that their products comply with stringent environmental standards, such as those related to carbon emissions, waste management, and recyclability. Adhering to these regulations often requires significant investment in research and development and may increase production costs. While regulations spur the use of environmentally friendly elastomers, they also present challenges for companies that need to balance compliance with profitability.

3. Competition from Alternative Materials: Elastomers have competition from other materials that can provide similar performance attributes at potentially lower cost. For example, compounds like thermoplastic elastomers (TPEs) and polyurethane are becoming more popular as alternatives to conventional elastomers because they can be shaped into various forms and withstand weathering. Growing demand for substitute materials, together with the construction industry's push for lower-cost solutions, challenges elastomer makers. In order to stay competitive, manufacturers have to keep innovating and enhancing the performance of their elastomer materials and also cater to the cost expectations of consumers.

Drivers and limitations in the construction elastomer market are diverse. Drivers include technological advancements, environmental trends, and a growing need for energy-efficient construction. Barriers to growth are high raw material prices, environmental regulations, and competition from substitute products. To be successful in such a dynamic market, the elastomer makers will need to emphasize innovation, cost-effectiveness, and answering the growing demand for sustainable, high-performance materials. These combined define the future of the market and create opportunities and challenges for construction industry stakeholders.

List of Construction Elastomer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction elastomer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction elastomer companies profiled in this report include-

• BASF
• Covestro
• Dow Chemicals
• Teknor Apex
• Lubrizol
• China Petroleum and Chemical Corporation
• Kraton Corporation
• Mitsubishi Chemical
• DuPont
• Evonik Industries

Construction Elastomer Market by Segment

The study includes a forecast for the global construction elastomer market by type, application, and region.

Construction Elastomer Market by Type [Value from 2019 to 2031]:

• Thermo Plastic
• Thermoset Plastic

Construction Elastomer Market by Application [Value from 2019 to 2031]:

• Residential
• Non-Residential

Construction Elastomer Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Construction Elastomer Market

The construction elastomer industry has witnessed growth, with higher demands for new age materials within the construction sector. Elastomers are highly applicable for their malleability, longevity, and resistance to wear and tear caused by weather. They are a perfect choice for many applications within the construction segment including sealants, roofing, flooring, and waterproofing. Technological advancements, increasing infrastructure activities, and sustainability needs have all helped to boost the market. This part discusses recent trends in the United States construction elastomer market, China construction elastomer market, German construction elastomer market, Indian construction elastomer market, and Japanese construction elastomer market based on the dominant factors influencing each country's industry.

• United States: The U.S. construction elastomer market has seen tremendous growth over the years due to rising infrastructure development and innovations in elastomeric materials. There has been growing demand for elastomers with high performance in roofing, flooring, and sealants applications where resistance to weather and durability are paramount. Emerging sustainable elastomeric products such as recycled and bio-based materials are becoming popular. There has also been a drive towards energy-efficient buildings, leading to the use of elastomers with insulation properties. The American market is also driven by government policies supporting green building norms, thus increasing the demand for green construction elastomers.
• China: China has emerged as a major player in the construction elastomer market, due to rapid urbanization as well as massive infrastructure activities. Demand for elastomers to be used in construction processes like adhesives, sealants, and coatings has increased dramatically. In efforts to enhance the durability and energy efficiency of buildings, Chinese producers are creating high-end elastomer products that are internationally compliant. The Chinese government's focus on sustainable development and efficient energy use in construction is also encouraging the adoption of green elastomers. Additionally, the greater emphasis by the country on urbanization and high-quality residential and commercial properties drives elastomer demand in construction even further.
• Germany: Germany is among the most prominent markets for construction elastomers in Europe due to technological advancement and strict environmental policies. The high focus on sustainability in the country has contributed to the innovation of green elastomers that find applications in numerous construction uses including insulation, flooring, and waterproofing. Energy-efficient construction is fueling the development of elastomers with high thermal and acoustic insulation. Also, Germany's strong construction industry, which is based on green building specifications, has prompted rising adoption of high-tech elastomeric products that decrease energy use and enhance building performance.
• India: India's market for construction elastomers has experienced consistent growth, driven by the nation's urbanization and infrastructure expansion. The market for elastomers in end-use applications such as sealants, coatings, and waterproofing has been increasing as a result of the increased requirement for long-lasting, weather-resistant materials in construction activities. Furthermore, the initiative by the Indian government towards the development of low-cost housing and smart cities has also driven up the demand for high-performance elastomers. Indian producers are working towards the production of cost-efficient elastomeric products for residential as well as commercial construction activities. With increasing environmental consciousness, there is also a move towards the usage of sustainable elastomers in the construction industry.
• Japan: Japan's construction elastomer market is highly technologically innovative and possesses advanced material. The nation has a reputation for precision and quality within the construction sector that has contributed to the evolution of high-performance elastomers utilized across applications like waterproofing, sealants, and insulation. With Japan's emphasis on disaster-resilient infrastructure, elastomers are key to offering flexible and long-lasting solutions for earthquake-prone regions. In addition, Japan's dedication to sustainability has encouraged the innovation of environmentally friendly elastomer products that adhere to high environmental standards, fueling the growth of the market.

Features of the Global Construction Elastomer Market

Market Size Estimates: Construction elastomer market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Construction elastomer market size by type, application, and region in terms of value ($B).

Regional Analysis: Construction elastomer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the construction elastomer market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction elastomer market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the construction elastomer market by type (thermo plastic and thermoset plastic), application (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Construction Elastomer Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Construction Elastomer Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Construction Elastomer Market by Type
  • 3.3.1: Thermo Plastic
  • 3.3.2: Thermoset Plastic
• 3.4: Global Construction Elastomer Market by Application
  • 3.4.1: Residential
  • 3.4.2: Non-Residential

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Construction Elastomer Market by Region
• 4.2: North American Construction Elastomer Market
  • 4.2.1: North American Market by Type: Thermo Plastic and Thermoset Plastic
  • 4.2.2: North American Market by Application: Residential and Non-Residential
• 4.3: European Construction Elastomer Market
  • 4.3.1: European Market by Type: Thermo Plastic and Thermoset Plastic
  • 4.3.2: European Market by Application: Residential and Non-Residential
• 4.4: APAC Construction Elastomer Market
  • 4.4.1: APAC Market by Type: Thermo Plastic and Thermoset Plastic
  • 4.4.2: APAC Market by Application: Residential and Non-Residential
• 4.5: ROW Construction Elastomer Market
  • 4.5.1: ROW Market by Type: Thermo Plastic and Thermoset Plastic
  • 4.5.2: ROW Market by Application: Residential and Non-Residential

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Construction Elastomer Market by Type
  • 6.1.2: Growth Opportunities for the Global Construction Elastomer Market by Application
  • 6.1.3: Growth Opportunities for the Global Construction Elastomer Market by Region
• 6.2: Emerging Trends in the Global Construction Elastomer Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Construction Elastomer Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Construction Elastomer Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: BASF
• 7.2: Covestro
• 7.3: Dow Chemicals
• 7.4: Teknor Apex
• 7.5: Lubrizol
• 7.6: China Petroleum and Chemical Corporation
• 7.7: Kraton Corporation
• 7.8: Mitsubishi Chemical
• 7.9: DuPont
• 7.10: Evonik Industries