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Market Summary

The global polymer concrete market is forecast to reach USD 757.7 Million by 2026, according to a new report by Reports and Data. Polymer concretes are continuous, gaining popularity and replacing the use of modern concretes. The prime difference between modern and polymer concretes lies in the use of the binder. In modern concretes cement is the prime binder, which has been replaced by polymers in polymer concretes. The polymer concrete market is forecasted to experience significant growth during the forecast period. One of the mentionable factors contributing to the growth of the market is the high chemical resistance of polymer concrete. It is particularly resistant to hydrogen sulfides. Due to the high chemical resistance of this type of concretes, it is highly preferred in rehabilitation projects and sewer installation that contributes to the growth of the market. High performance and superior traits of polymer concrete is another integral factor spurring the growth of the market

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High compressive strength, reduced permeability, high impact strength, fast curing, and abrasion are some of the mentionable traits of polymer concrete that have contributed to its increased popularity over modern concrete. Its high preference among end-users boosts the growth of the market. As a result of the traits as mentioned above and its multi-functionality, polymer concretes find applicability in varied application areas ranging from containments, flooring blocks, and trench drains, among others. Such diverse applications of polymer concretes results in boosting the expansion of the market.

Though the polymer concrete market is witnessing continuous growth, factors like limited availability of raw materials and its high cost may negatively affect the growth of the market.

In context to region analysis, Asia Pacific is dominating the polymer concrete market. Factors like the flourishing manufacturing industry, rising demand for chemical resistant construction material, and easy availability of labor is boosting the growth of the market in this region.

Key Coverage of the Report

Region and country wise statistics of the polymer concrete market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various types’ of alternatives available have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

The regulatory framework of each region.

Regional up-coming research and application outlook.

Status of on-going developments.

Regional prevalence of polymer concrete has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Polymer Concrete Market

The polymer concrete market is forecasted to grow at a rate of 6.9% during the forecast period and reach USD 7 Million in 2026.

The rise in investments for the construction of public infrastructure and modern buildings in emerging nations are propelling the growth of the market. As an instance, substantial investments have been made on Jeddah Economic City by the Saudi Arabian government. The rise in investments in such projects are expanding the scope of application of polymer concrete, which would positively affect the growth of the market.

To retain the market presence, industry players are emphasizing on different strategies like acquisition and partnerships. One of such mentionable initiative is that of PCI Group, which had acquired Western European building material business of Henkel, a key player of the market, in 2017. Such efforts of industry players are boosting the growth of the market.

Initiatives of strengthening market position among industry players are also boosting the growth of the market. As an instance, BASF, a key player of the market, has introduced MasterEmaco S 6000. It is a rapid setting methacrylate repair concrete, that is durable, solvent-free and possesses high strength. These new launches by industry players not only have a positive impact on their market presence but augments the growth of the overall market.

Companies considered and profiled in this market study

Fosroc, BASF, Wacker Chemie, Bouygues Construction, MAPEI, Sika, ACO Group, Forte Composites Inc, ErgonArmor and Sauereisen, Inc.

The companies have emphasized on different strategies like the new product launch, acquisitions, mergers, for retaining their present market share and make further market expansions.

Market-O-Nomics

The valuation for the polymer concrete market was USD 456.4 Million in 2018, and it is forecasted to have a growth rate of 6.9% during the forecast period.

In context to Types of polymer concrete, the Epoxy segment occupied the largest market share that is forecasted to continue its market dominance. In the year 2018, it held 32.0% of the market share with the fastest growth rate of 7.7% during the forecast period. The market dominance of the Epoxy segment is attributed to the traits of Epoxy like high resistivity to chemicals, excellent adhesion, and creep resistance. The presence of these traits makes it appropriate for special applications like exterior walls, industrial flooring, and resurfacing areas and give it a superior look. Its extensive application contributes to the growth rate of this segment.

In regards to Class, the market has been segmented into- Polymer Resin Concrete (PC), Polymer Impregnated Concrete (PIC) and Polymer Modified Concrete (PMC). Among these three classes, the PMC segment occupied the largest market share of 53.0% in 2018, with a growth rate of 6.3% during the forecast period. Factors like cost-effectiveness, the requirement of limited quantity when using it in construction purpose and similarity of process technology with conventional cement contributes to its high preference among end-user industries and its market share.

While discussing Class, it is mentionable that the Polymer Resin Concrete (PC) segment is forecasted to witness the fastest growth rate of 7.6% during the forecast period. The growth rate of this segment is attributed to PC’s high binding strength and exceptional resistance to acid, which are increasing its popularity among end-users and contributing to its growth rate.

In context to Binding agents, the Synthetic agent segment is leading the market that holds a larger market share of 81.0% in 2018 with a CAGR of 2.0% during the forecast period. Cost-effectiveness of this biding agent and its easy availability results in its high popularity and acceptance among end-users, contributing to the segment's market share.

In context to region, the Asia Pacific region is dominating the market that holds the largest market share of 38.0% in 2018 with the fastest CAGR of 7.6% during the forecast period. Flourishing manufacturing industry, rising demand for chemical resistant construction material, and easy availability of labor are some of the contributing factors augmenting the market dominance of this region.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this report, Reports and Data have segmented the global polymer concrete market according to Type, Class, Binding Agent, Raw Materials, End-user, Application, and Region:

Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Epoxy

Polyester

Vinyl

Acrylate

Furan

Latex

Others

Class type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Polymer Resin Concrete (PC)

Polymer Modified Concrete (PMC)

Polymer Impregnated Concrete (PIC)

Binding Agent type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Synthetic agents

Natural agents

Raw Materials type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Thermoset Resin

Lime Stone

Silica

Quartz

End-user Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Residential Structures

Infrastructures

Non-Residential Structures

Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Waste Containers

Containments

Flooring Blocks

Pump Bases

Trench Drains

Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

North America U.S.

Europe UK France

Asia Pacific China India Japan

MEA

Latin America Brazil

