Construction elastomers market seen topping $10 billion by 2030

The Business Research Company says the global construction elastomers market is on track to pass $10 billion by 2030, driven by infrastructure spending, energy-efficient building demand and resilient materials. Asia Pacific is projected to lead, while Dow Chemical Company held the top market share in 2025.

Why it matters: - Construction elastomers are becoming a bigger part of building and infrastructure materials as developers look for products that improve durability, flexibility and energy efficiency. - The market’s projected rise to more than $10 billion by 2030 signals growing demand for sealing, waterproofing, insulation and bonding materials across construction. - The segment remains small relative to the wider chemicals industry, but it is growing faster than many mature materials categories.

What happened: - The Business Research Company released a construction elastomers market report projecting the market will exceed $10 billion by 2030. - The report puts the market on a 9% compound annual growth rate through 2030. - Asia Pacific is forecast to be the largest regional market at $4 billion in 2030, up from $3 billion in 2025. - The United States is expected to remain the largest country market, reaching $2 billion by 2030 from $1 billion in 2025. - Dow Chemical Company held the leading market position in 2025 with 2% of global revenue.

The details: - Thermoset elastomers are expected to dominate with a 67% share, equal to about $7 billion by 2030. - Thermoplastics are the other major type in the market. - Key chemistry segments include styrene block copolymers, thermoplastic polyurethanes, styrene-butadiene, ethylene propylene diene monomer, natural rubber, acrylic elastomer, butyl elastomer and others. - Main applications include residential, non-residential and civil engineering projects. - The market is forecast to account for about 1% of the specialty chemicals market by 2030 and just under 0.1% of the broader chemicals industry. - The top ten players accounted for 14% of total revenue in 2025, showing a moderately fragmented market. - Other named companies include BASF, Arkema, Covestro, Sika, Huntsman, Lubrizol, Wacker Chemie, Kraton and Mitsubishi Chemical. - The report says elastomers are used in roofing, sealants, waterproofing, window and door seals, adhesives, flooring and insulation. - The report also highlights polyurethane-based elastomeric adhesives as a growth area. - In April 2025, Sika AG introduced sikawall-3000 rapid bond, a one-component polyurethane foam adhesive for exterior insulation and finish systems. - The report says the product’s rapid curing and substrate compatibility can improve contractor productivity and construction efficiency. - The updated 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel dashboards, market hotspot infographics and future trend analysis.

Between the lines: - Demand is being pulled by urbanization, infrastructure investment and a push for buildings that can better handle moisture, temperature swings, vibration and harsh weather. - The report points to a market advantage for products that last longer, require less maintenance and support green building standards. - Thermosets’ lead suggests construction buyers still favor materials with strength, chemical resistance and dimensional stability for demanding uses such as bridges and tunnels. - The market appears competitive but not concentrated, which leaves room for product innovation and regional expansion.

What's next: - Growth is expected to continue in both new construction and renovation as elastomer formulations improve in UV resistance, flexibility and service life. - Companies are likely to keep investing in sustainable polymer technologies and advanced sealing and bonding solutions. - More traction may come from energy-efficient building components and resilient infrastructure projects. - More information is available in the full report and the sample request.