Title: Polymer Concrete Market Size is Expected to Grow CAGR of 6.54% by 2030
1Polymer Concrete Market Size, Share, Growth,
Analysis and Forecast 2030
According to ChemAnalyst report, Global Polymer
concrete Market Plant Capacity, Production,
Operating Efficiency, Demand Supply,
Technology, End Use, Distribution Channel,
Region, Competition, Trade, Customer Price
Intelligence Market Analysis, 2015-2030, global
polymer concrete market has shown tremendous
growth in the past five years and is anticipated
to achieve a CAGR of 6.54 during the forecast
period. Rapid urbanization backed by the
increasing need for chemical and environment
resistant construction material and adoption of
new construction techniques is expected to drive
the demand of polymer concrete for the forecast
period. In addition, continuous revamping of
infrastructure in disaster prone countries like
Japan, South Korea is expected to push the
demand further during the forecast
period. Polymer concrete is a type of concrete
which contains polymers instead of lime cement
as binder. Polymer concrete is a typical
composite material where the constituents such
as hardening agent, gravel, sand, filter, quartz
powder etc. are bind in the polymer matrix of
the composite material. Based on polymer type,
2polymer concrete can be classified into epoxy,
vinyl ester, polyester, methyl methacrylate, and
others. Polymer concrete offers several
advantages over conventional concrete and has
properties such as moisture resistivity,
adhesion, thermal stability, mechanical
strength, and heat resistance. Due to these
properties, polymer concrete finds application in
various areas such as asphalt pavement, building
and maintenance, industrial tanks, drainage
systems, and others. Read Full Report Here
https//www.chemanalyst.com/industry-
report/polymer-concrete-market-550 Polymer
concrete is a material which has very high
mechanical strength and apart from mechanical
strength it has environment and chemical
resistance and lightweight as compared to
conventional concrete. This paves the way for
polymer concrete to find application in almost
every area requiring high environment and
chemical strength, and light weight. Therefore,
they find application in asphalt pavement,
building and maintenance, industrial tanks,
drainage systems. Out of the following
application areas, asphalt pavement holds the
major share of the global polymer concrete
market. industrial tanks which require high
chemical resistance are also another area
holding major share of polymer concrete market.
Increasing urbanization backed by increasing
construction needs from the above sectors is
going to support demand rise for polymer concrete
for the forecast period. Polymer concrete
consists of polymer matrix and other components
such as hardening agent, gravel, sand, filter,
quartz powder etc. hence its price is directly
linked to the fluctuations in the price of
polymers such as epoxy, vinyl ester, polyester,
methyl methacrylate, and others. In the first
half of FY20 sudden outbreak of novel
coronavirus followed by fall in in the demand of
construction rendered a major downfall in the
global polymer concrete demand hence the prices
remained low for polymer concrete during the
coronavirus pandemic. Demand has picked up in
the recent quarters and is projected to grow due
to increasing demand
3- from Asia Pacific and North America. Continuous
revamping of infrastructure in disaster prone
countries like Japan is also expected to be a
driver for growth after the pandemic. - Request Sample https//www.chemanalyst.com/ChemAn
alyst/RequestForm - Regionally, Asia Pacific dominates the Global
polymer concrete market and holds the largest
market share in FY20. Asias polymer concrete
market is anticipated to grow in the economies
like India, China, and Japan due to continuously
rising urbanization and high demand for
environment and chemical resistant construction
materials. In South Asia, particularly India,
seems to be the key market for polymer concrete
as the country is seen as a generally
under-supplied market with limited domestic
manufacturing. Moreover, increasing focus of the
Indian government towards modern infrastructure
development through government initiatives like
Smart City programme is also an influencing
factor increasing the demand of polymer concrete
in Asia Pacific and particularly in South Asia. - Major Players
- Aco Funki A/S
- ULMA Architectural Solutions,
- Arizona Polymer Flooring Inc.,
- TPP Manufacturing SDN BHD,
- BASF SE,
- Polycare,
4- Kwik Bond Polymers,
- Interplastic Corporation.
- Being linked to the high performance materials
industry, the global polymer concrete industry
has shown a robust growth alongside growing
population and changing consumer preference.
China serves as the key growth region with
sufficiently installed capacities. India also
shows an optimistic trend in demand rise during
the forecast period as the government is
supporting the modern infrastructure development
in its Smart Cities programme. Global polymer
concrete pricing curve shows strong movement in
line with the polymers such as epoxy, vinyl
ester, polyester, methyl methacrylate, and
others. This coupled with higher processing
costs of polymer concrete is going to keep the
prices high as compared to other conventional
concrete. This might pose a challenge for demand
during the forecast period. With new competitors
emerging across the Asian polymer concrete
market, players anticipate that there will be
sufficient supply demand gaps in future. At
this, it is extremely important to keep an eye
which region will grab the biggest market share
in the upcoming years. said Mr. Karan Chechi,
Research Director with TechSci Research, a
research based global management consulting firm
promoting ChemAnalyst.
Report Scope In this report, global polymer
concrete market has been segmented into following
categories, in addition to the industry trends
which have also been detailed below
5Attribute Details
Growth Rate CAGR of 6.54 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered By Application (Asphalt Pavement, Building and Maintenance, Industrial Tanks, Drainage Systems, and Others.) By Type (Epoxy, Vinyl Ester, Polyester, Methyl Methacrylate, and Others.) By Sales Channel (Direct Company Sale, Direct Import, Distributors Traders, Retailers.)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Aco Funki A/S, ULMA Architectural Solutions, Arizona Polymer Flooring Inc., TPP Manufacturing SDN BHD, BASF SE, Polycare, Dudick Inc., Metro Cast Corporation, Forte Composites Inc., Kwik Bond Polymers, Interplastic Corporation.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
6- Table of Content
- Product Type Overview
- Global polymer concrete Market Outlook, 2015-2030
- Capacity, By Volume 2.1.1.By Region
- Production 2.2.1.By Region
- Operating Efficiency 2.3.1.By Region
- Capacity, By Location
- Capacity, By Process
- Capacity, By Technology
- Global polymer concrete Demand Outlook,
2015-2030, By Volume - By Type
7- By Sales Channel
- By Country
- Asia Pacific polymer concrete Demand Outlook,
2015-2030, By Volume - By Type
- By Application
- By Sales Channel
- By Country
- Read Full Report Here https//www.chemanalyst.com
/industry- report/polymer-concrete-market-550
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