As per this study the Global Polymer Concrete Market was valued USD 642.9 MN (by revenue) in 2022 and is anticipated to reach USD 1281.02 MN by 2030 with a CAGR of 9%. Regarding volume, the market was calculated XX Kilo Ton in 2022 and forecast to touch XX Kilo Ton by 2030 with a CAGR of XX% during 2023-2030.
Polymer concrete is referred to as composite concrete with polymer binders and other synthetic materials that offer additional strength to the concrete. Polymer concrete is more efficient alternative to Portland concrete owing to higher tensile, compressive and flexural strength, good chemical adhesion, low water permeability, and better adhesion & durability. It is widely used for constructing prefabricated structures, nuclear power plants, precast concrete, industrial tanks, asphalt pavement and other infrastructures.
Market Dynamics
Booming construction sector on account of lined up projects for the development of commercial, residential and industrial infrastructure. Growing usage of product owing to its excellent properties and higher performance is fueling the market growth. Also, growing penetration of polymers in the construction sector is again spurring the growth of polymer concrete. Increase in demand for chemical and water resistant construction is expected to propel the market growth in the years to come. On the flip side, high cost of product over traditional Portland cement may act as challenge for market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of polymer concrete.
Market Segmentation
The broad polymer concrete market has been sub-grouped into polymer type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Class
- Polymer Modified Concrete (PMC)
- Polymer Resin Concrete (PC)
- Polymer Impregnated Concrete (PIC)
By Type
- Epoxy
- Latex
- Acrylate
- Polyester
- Vinyl
- Furan
- Others (phenolic-formaldehyde, acetone-formaldehyde, carbamide)
By Application
- Containments
- Pump Bases
- Waste Containers
- Flooring Blocks
- Trench Drains
- Others (Park Benches & Outdoor Furniture, Solid Surface Counter and Overlays)
By End-use Industry
- Non-residential Structures
- Infrastructure
- Residential
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for polymer concrete in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Polymer Concrete Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Polymer Concrete market includes BASF (Germany), Sika (Switzerland), Mape (Italy) Fosroc (UK), Dow Chemical (US), SAUEREISEN (US), Kwik Bond Polymers (US), Dudick (US), ErganArmor (US) and Crown Polymers (US). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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