Polymer Concrete Market by Class, Type and Application - Market Forecast to 2025
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Market Dynamics:
Polymer concretes are advanced concrete in which polymer is used to improve the properties of concrete. Binders used in polymer concrete offer better durability compared to regular cement concrete. Polymer concrete is an aggregate mixture of epoxy binders that harden into place. Acrylic binders offer enhanced resistance to weathering and set quickly. Furans as binder in polymer concrete aid in withstanding higher temperatures.
The polymer concrete market has been witnessing significant growth over the past few years owing to, a rise in demand for better quality products in construction, and growth in the number of construction companies across the globe. Furthermore, increasing needs to construct high quality buildings and manufacturing plants are expected to offer significant growth opportunities in the coming years. However, the high cost of raw materials is expected to restraint the market growth to a certain extent during the forecast period.
The report provides forecast and analysis of the global polymer concrete market. It provides market overview of global polymer concrete market in terms of revenue (in USD Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the polymer concrete market and their impact on each country during the forecast period.
Segmentation
Based on class, the market is segmented into polymer impregnated concrete (PIC), polymer modified concrete (PMC), and polymer resin concrete (PC).
Based on type, the market is sectioned as furan, polyester, latex, vinyl, acrylate, epoxy, and others.
Based on application, the polymer concrete market is subdivided into trench drains, waste containers, containments, flooring blocks, pump bases, and others.
Based on end user industry, the market is segmented as non-residential structures, residential structures, and infrastructures.
Geographic Analysis
The polymer concrete market based on the class, type, application, and end user industry is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for polymer concrete in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.
North America held the largest share of polymer concrete market owing to factors such as, rise in the use of polymer concrete for maintenance and repair activities, increasing construction activities in major cities and increasing demand for polymer concrete in construction of manufacturing plants in the US. However, Asia Pacific is anticipated to grow at the fastest rate in the coming years due to increasing number of construction for mega buildings in India & China and improving infrastructure in Asian countries.
Companies
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoovers, company annual reports, investor presentations, and publications. The key players included in the global polymer concrete market report are
Crown Polymers Corp.
Dudick Inc.
SAUEREISEN
Fosroc, Inc.
SIKA AG
ErgonArmor
Kwik Bond Polymers
The Dow Chemical Company
MAPEI S.p.A.
BASF SE
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Market Dynamics:
Polymer concretes are advanced concrete in which polymer is used to improve the properties of concrete. Binders used in polymer concrete offer better durability compared to regular cement concrete. Polymer concrete is an aggregate mixture of epoxy binders that harden into place. Acrylic binders offer enhanced resistance to weathering and set quickly. Furans as binder in polymer concrete aid in withstanding higher temperatures.
The polymer concrete market has been witnessing significant growth over the past few years owing to, a rise in demand for better quality products in construction, and growth in the number of construction companies across the globe. Furthermore, increasing needs to construct high quality buildings and manufacturing plants are expected to offer significant growth opportunities in the coming years. However, the high cost of raw materials is expected to restraint the market growth to a certain extent during the forecast period.
The report provides forecast and analysis of the global polymer concrete market. It provides market overview of global polymer concrete market in terms of revenue (in USD Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the polymer concrete market and their impact on each country during the forecast period.
Segmentation
Based on class, the market is segmented into polymer impregnated concrete (PIC), polymer modified concrete (PMC), and polymer resin concrete (PC).
Based on type, the market is sectioned as furan, polyester, latex, vinyl, acrylate, epoxy, and others.
Based on application, the polymer concrete market is subdivided into trench drains, waste containers, containments, flooring blocks, pump bases, and others.
Based on end user industry, the market is segmented as non-residential structures, residential structures, and infrastructures.
Geographic Analysis
The polymer concrete market based on the class, type, application, and end user industry is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for polymer concrete in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.
North America held the largest share of polymer concrete market owing to factors such as, rise in the use of polymer concrete for maintenance and repair activities, increasing construction activities in major cities and increasing demand for polymer concrete in construction of manufacturing plants in the US. However, Asia Pacific is anticipated to grow at the fastest rate in the coming years due to increasing number of construction for mega buildings in India & China and improving infrastructure in Asian countries.
Companies
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoovers, company annual reports, investor presentations, and publications. The key players included in the global polymer concrete market report are
Crown Polymers Corp.
Dudick Inc.
SAUEREISEN
Fosroc, Inc.
SIKA AG
ErgonArmor
Kwik Bond Polymers
The Dow Chemical Company
MAPEI S.p.A.
BASF SE
Buy Report: https://globalmarketforecasts.com/buy-now/113
Browse Related Reports : https://globalmarketforecasts.com/reportlistcontainer/8