


Market Size, Share Global Outlook and Forecast 2025-2032
Publication Date: May 1 , 2025
Historical data indicates steady growth in the elastomeric concrete market, with a CAGR of 5.5% observed between 2018 and 2023.
This growth has been fueled by urbanization, increased government spending on infrastructure, and the material's superior properties, such as flexibility and durability.
The Asia-Pacific region has been the largest contributor to market expansion, followed by North America and Europe.
Future projections suggest that emerging economies in Latin America and Africa will also play a crucial role in market growth due to rising infrastructure investments.
Market Value & Growth
• Global Market Value (2024): US$ 2.1 Billion
• Projected Market Value (2032): US$ 4.3 Billion • CAGR (2024-2029): 9.4%
Increasing infrastructure development
By Type
By Application
Rubber Concrete
Foam Concrete
By Region
Roads
Bridges
Others
North America
Europe
Middle East & Africa
The North American elastomeric concrete market is driven by robust infrastructure development and the need for maintenance and repair of aging structures.
Countries like Germany, the UK, and France are leading the adoption of elastomeric concrete due to its environmental benefits and long service life.
The Asia-Pacific region dominates the global elastomeric concrete market, driven by rapid urbanization and large-scale infrastructure projects in China, India, and Southeast Asia.
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