Construction elastomers are rubber-like materials that are extensively used in construction industries to protect, seal, and insulate structures, and these materials have excellent properties, such as resistance to weathering, U.V. radiation, and extreme temperatures. According to BlueQuark Research and Consulting, the global Construction elastomers market is expected to grow considerably during the forecasted period. Factors such as construction elastomers provide significant growth in the construction sector due to their enhanced durability, chemical and physical characteristics, and attributes expected to fuel the need for the Construction elastomers market in the forecasted period. Further, the growing demand for bio-based elastomers is expected to aid in expanding the global construction elastomers market in the forecasted period. However, the fluctuating raw material and crude oil prices are a major restrain in the construction elastomers market as many industries are reluctant to generate such high revenues. Crude oil prices are rising consistently to withstand the increasing consumer demand, thus causing textile raw material prices to increase, negatively affecting the market's growth.

The increasing demand for elastomers in the construction industry has increased due to their abrasion resistance, high elongation, impact strength, tear resistance, and good resilience. Bitumen modification, weather-stripping, waterproofing, carpeting, wall coverings, window & weather seals, windows & door frames, roofing membranes, artificial turf, expansion joints, road markings, and shelter components are the major applications in the construction industry. Using TPU and TPE elastomers in the building & construction industry offers better U.V. protection, good mechanical performance, and increased durability of the construction space with better esthetics. Elastomers can be produced in any colour to match the building or surface colour, and they also offer better low-temperature performance and high abrasion resistance. Low cost and low wastage during processing support demand growth. Recent applications include exterior designs like door handles, roof coatings, and exterior taçade panels, as construction elastomers are effortless to process and show high hydrolytic stability. Construction raw material manufacturers collaborate with elastomer manufacturers to produce modified construction elastomers for various interior and exterior applications. The construction elastomers provide significant growth in the construction sector due to their enhanced durability and chemical and physical characteristics and attributes. Its primary quality is resistance to weather and chemicals generated in the industries, as it comprises the features of both plastic and rubber. The elastomers' strong impact and tear resistance are utilized for various applications such as rooftop sheets, window profiles, adhesives, and others in the construction sectors, increasing the global market's growth.

Asia Pacific is expected to show the highest CAGR growth in the construction elastomers market. The major contributors to the growth of this market are China and India. The major types of construction elastomers are thermoset and thermoplastic. Thermosets are created of elastomeric materials that do not melt when heated. The major applications of thermoset elastomers in building and construction include adhesives and sealants, roofing, flooring, piping, thermal insulation, bridge structures, cementing, and the repair and rehabilitation of civil systems. Residential is the most extensive application in the construction elastomers market. The demand for elastomers in residential applications is primarily driven by magnificent physical properties, such as ability, impact resistance, elasticity, softness, flexibility, minimum weight, superior optics, increased heat resistance, adhesive properties, thermal stability, and improved construction safety. Sustainable construction aims to decrease the industry's environmental impact by implementing sustainable development methods, rising energy efficiency, and adopting green technologies. Construction elastomers are environmental-friendly, renewable, and secure for residential and non-residential purposes. Biobased elastomers are made from renewable resources such as vegetable oils and fatty acids. It provides various properties than the basic elastomers as they are generated by specific biological processes and bioactive compounds that increase biodegradability and reduce the use of non-renewable products. The requirement for bio-based elastomers is paramount as they support customer-focused activities. These are environment-friendly solutions that attain traction globally and enhance the properties of construction elastomers. Additionally, the applications generated in the elastomers market further offer numerous growth opportunities. Dielectric elastomers (D.E.) are one of the most promising artificial muscles used in developing power by transducing mechanical energy into electrical energy generators, which use dielectric elastomers to work more efficiently, with higher energy densities and lower frequencies.

Some market players are The Dow Chemical Company, Arkema S.A., BASF SE, Covestro AG, and Huntsman Corporation.

In December 2021, Pexco LLC, a Georgia-based speciality plastics extruder, acquired Performance Elastomers Corporation for an undisclosed amount. Through this acquisition, Pexco predicts widening its thermoplastic elastomer and silicone product lines, as well as expanding its abilities to consist of other high-performance polymer solutions, to offer even more value to their clients in the mobility, recreational automobile and truck aftermarkets, as well as broadening into other businesses where these types of specialized products are demanded. Performance Elastomers Corporation is a US-based company that manufactures construction elastomers.

In July 2022, Covestro AG broke ground in Shanghai on two new production plants. The company established new lines producing polyurethane dispersions and elastomers to meet surging demand.

Global Construction Elastomers Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Construction Elastomers Market by segmenting based on By Type ( Thermoset and Thermoplastic), Chemistry ( Styrene Block Copolymers, Thermoplastic Polyurethanes, Styrene -Butadiene, Ethylene-Propylene, Natural Rubber, Thermoplastic Polyolefin, Butyl Elastomer, Acrylic Elastomer, Thermoplastic Vulcanizate, Silicone Elastomer, and Others), Application (Residential, Non-Residential, Civil Engineering), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.