Title: Polymer Concrete Market is Projected to Witness Exponential Growth by 2025
1Polymer Concrete Market Industry Analysis Report
by Regional Outlook by 2025
- The robust shift in the focus of building
developers toward constructing eco-friendly
infrastructure over the last few years will push
the use of polymer concrete on a large scale. The
stand taken by regional governments to improve
the economy with considerable investments in
roads, buildings, bridges, and renovation of old
monuments is also poised to fuel polymer concrete
industry trends significantly. For the record, by
the end of 2025, polymer concrete market will
surpass a revenue collection of USD 600 million. - With building developers becoming more conscious
about the strength, ductility, and toughness of
construction material, polymer concrete market
has observed a renewed traction lately. This
material is widely preferred on account of its
benefits such as improving adhesive
characteristics of old surfaces, tensile
strength, freeze durability, and flexural
strength.
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2- Polymer Concrete Market Scenario
- In addition, heavy investments in the global
construction sector are being made lately,
increasing the demand for various types of
polymer concretes for providing impermeable
toppings over the bridge decks, additives for
plasters, and filling for installing tile. The
growing involvement of public and private firms
in infrastructure development across residential,
commercial, and industrial sectors will thus have
a significant impact on the polymer concrete
industry share. - The rising concerns about the carbon dioxide
emission is one of the causes fueling the polymer
concrete industry outlook. The surging use of
cement in road construction activities has led to
an increase in carbon dioxide emissions across
the globe. On this note, efforts are being made
to utilize polymer concrete on a large scale.
Reportedly, in Australia across the Victoria
region, pavements, roads, and freeways have been
developed with the help of geopolymer concrete. - Geopolymer is a long molecule that can improve
the strength of concrete effectively. The
research community, on these grounds, has also
been attempting to invest in research and
development activities for the betterment of
geopolymer concrete. The involvement of regional
governments in the development of smart roads for
controlling the emissions will thus generate
significant business opportunities for the giants
in polymer concrete market.
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4- In line with the growing construction activities
and rising focus on the surging use of polymer
concrete materials, the giants in the polymer
concrete market are looking forward to investing
in capacity expansions. The countries across the
Middle East for instance, have been rapidly
expanding their existing facilities.
- Polymer concrete market share is competitive,
with several key players accounting for the total
industry size. The major players include ACO
Group of Companies, Forte Composites Inc, BASF,
Bouygues S.A., Kwik Bond Polymers, Wacker Chemie
AG, Sika, Crown Polymers, Fosroc, Mapei,
ErgonArmor and SAUEREISEN.
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