27-Mar-2020 | Facts and Factors
The global Polymer Concrete market in 2019 was approximately USD 370 Million. The market is expected to grow at a CAGR of 8% and is anticipated to reach around USD 630 Million by 2026.
Findings from Facts and Factors report “Polymer Concrete Market By Type (Epoxy, Vinyl ester, Furan, and Potassium silicate), By Binding Agent (Natural Resin, and Synthetic Resin), By Application (Flooring blocks, Trench drains, Containments, Wastewater containers, and Pump bases), and End User(Infrastructure, Residential, Industrial, and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.
Polymer concrete is a construction substance in which the cement is bound together in a polymer binder matrix. There is no hydrated cement process in the composites, though portland cement can be used as an aggregate or filler. Polymer concrete composites have a rare combination of formulant-dependent properties. The polymer concrete can sustain from a negative degree temperature to a high positive temperature.
The major factors driving demand for polymer concrete are an increase in transport and an increase in infrastructural activities. The rise in the need for material with high toughness, strength, resilience, and durability is also one of the important reasons for using environmentally friendly concrete.
Browse the full “Polymer Concrete Market By Type (Epoxy, Vinyl ester, Furan, and Potassium silicate), By Binding Agent (Natural Resin, and Synthetic Resin), By Application (Flooring blocks, Trench drains, Containments, Wastewater containers, and Pump bases), and End User(Infrastructure, Residential, Industrial, and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/polymer-concrete-market-by-type-epoxy-vinyl-ester-982
The rapid urbanization, increasing per capita income and population is estimated to propel the construction market. Growing demand in structural waterproofing is expected to further drive industry. On the other hand, lack of customer awareness coupled with the high cost of the commodity is expected to inhibit the growth of the concrete polymer industry. Moreover, high cost is also one of the limiting factors for the growth of polymer concrete.
The market is segmented according to the binding agent, type, end-user, and application. Based on Binding Agent, Polymer concrete is bifurcated in the category such as natural resin, and synthetic resin. The synthetic resins are estimated to have significant demand owing to easy production and availability. Based on the type market is categorized as epoxy, vinyl ester, furan, and potassium silicate. The demand for the epoxy and vinyl ester in the construction industry is expected to generate significant demand for flooring and other construction methods. According to the application the market is divided into the categories such as flooring blocks, trench drains, containments, wastewater containers, and pump bases. The use in the sewage work is expected to propel the use of polymer concrete for the containments and wastewater container and trench drains.
According to the region, polymer concrete Market is segmented in regions such as Asia Pacific, North America, Europe, Latin America and the Middle East and Africa. The Asia Pacific is expected to lead the market in the forthcoming time owing to a rise in the transportation and infrastructure industry. North America is also expected to generate significant demand due to demand generated from the U.S. for the infrastructure and construction. The public-private partnerships in the U.S. are expected to create a favorable ecosystem for the infrastructural development which is projected to fetch significant demand for the polymer concrete. On the other hand regions such as the Middle East and Latin America are anticipated to generate moderate demand for the polymer concrete in the forecasted period.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 370 Million |
Projected Market Size in 2026 |
USD 630 Million |
CAGR Growth Rate |
8% CAGR |
Base Year |
2020 |
Forecast Years |
2020-2026 |
Key Market Players |
Armorock, Sika AG, Kwik Bond Polymers, Italcementi, Fort Composites, Inc., Interplastic Corporation, ACO Severin Ahlmann GmbH & Co., KG, Wacker Chemie AG, Bechtel Corporation, Bouygues SA., Ulma Architectural Solutions, and BASF SE. |
Key Segment |
By Type, By Applications, By End User, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The market is having intense competition amongst the players. The list of the leading players includes Armorock, Sika AG, Kwik Bond Polymers, Italcementi, Fort Composites, Inc., Interplastic Corporation, ACO Severin Ahlmann GmbH & Co., KG, Wacker Chemie AG, Bechtel Corporation, Bouygues SA., Ulma Architectural Solutions, and BASF SE.
This report segments the Polymer Concrete market as follows:
Global Polymer Concrete Market: By Type Segmentation Analysis
- Epoxy
- Vinyl ester
- Furan
- Potassium silicate
Global Polymer Concrete Market: By Type Segmentation Analysis
- Natural Resin
- Synthetic Resin
Global Polymer Concrete Market: By Application Segmentation Analysis
- Flooring blocks
- Trench drains
- Containments
- Wastewater containers
- Pump bases
Global Polymer Concrete Market: By End User Segmentation Analysis
- Infrastructure
- Residential
- Industrial
- Commercial
Global Polymer Concrete Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
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