DUBLIN--(BUSINESS WIRE)--The "Polymer Concrete Market, by Material Type, by Binding Agent, by Application, by End User, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
Polymer concrete uses synthetic organic polymer as binding agent for mixing of hardening agent, gravel, sand and other construction aggregates.
The properties of the polymer concrete mix depend upon various factors such as type, amount, individual properties, and the polymer used. Polymer concrete exhibits different characteristics such as high impact & compression strength, resistance to chemical reactions and low permeability.
Global polymer concrete market has witness a growth in recent years, owing to the surge in growth of transportation and infrastructural activities in emerging economies. As a result of this, demand for polymer concrete in construction industry has increased substantially during the forecast period.
Key players are preferring polymer concrete over conventional cement, owing to the rising demand for construction materials with higher strength, toughness and durability.
Market for polymer concrete is estimated to grow as it is used more frequently in drainage applications. Precision molding and finishing are possible with polymer concrete, ensuring superior water discharge rates from pipes while promoting effective hydraulic flow. It is expected that the aforementioned benefits would increase demand for polymer concrete in municipal applications. Therefore, increasing use of polymer concrete in the construction sector is expected to boost market growth.
The limited use of polymer concrete among those with special needs is due to its high cost when compared to alternative materials. During the forecast period, this factor is expected to restrain the market growth of polymer concrete. Increasing use of a certain kind of plastic as a less expensive substitute for polymer concrete that delivers the same qualities is also expected to restrain market growth during the forecast period.
On the basis of material type, the global polymer concrete market is segmented into polyester, vinyl ester, epoxy based and others. In recent years, demand for polyester based polymer concrete has increased significantly, owing to rising cost of epoxy based concrete. This scenario is anticipated to foster the market growth in forecast period.
Key features of the study:
- This report provides an in-depth analysis of global polymer concrete market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new Material launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global polymer concrete market based on the following parameters - company overview, financial performance, Material portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future Material launches, technology up gradation, market expansion, and marketing tactics
- The global polymer concrete market report caters to various stakeholders in this industry including investors, suppliers, polymer concrete service providers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polymer concrete market
Detailed Segmentation:
Global Polymer Concrete Market, By Material Type:
- Polyester
- Vinyl Ester
- Epoxy Based
- Others
Global Polymer Concrete Market, By Binding Agent :
- Natural Resin
- Synthetic Resin
Global Polymer Concrete Market, By Application:
- Solid Surface Countertops
- Outdoor Seats & Benches
- Waste Containers
- Pump Bases
- Flooring Blocks
- Chemical Containments
- Trench Drains
- Others
Global Polymer Concrete Market, By End User:
- Industrial
- Residential & Municipal
- Commercial
Global Polymer Concrete Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Company Profiles
- BASF SE
- Sika AG
- Wacker Chemie AG
- Dudick Inc.
- ACO Group
- Kwik Bond Polymers LLC
- Sauereisen Inc.
- Hubbell Power Systems Inc.
- Forte Composites Inc.
- Ulma - Architectural Solutions
- Sandmix
For more information about this report visit https://www.researchandmarkets.com/r/qtsy6-concrete?w=4
