Polymer Concrete Market to Witness 7.2% CAGR During 2018-2024 - PowerPoint PPT Presentation

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Polymer Concrete Market to Witness 7.2% CAGR During 2018-2024


The global polymer concrete market was valued at $2.1 billion in 2017 and is estimated to further become $3.4 billion by 2024, at a CAGR of 7.2% during 2018-2024. – PowerPoint PPT presentation

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Title: Polymer Concrete Market to Witness 7.2% CAGR During 2018-2024

Polymer Concrete Market
Polymer Concrete Market
Industry Overview
The global polymer concrete market was valued at
2.1 billion in 2017 and is estimated to further
become 3.4 billion by 2024, at a CAGR of 7.2
during 2018-2024. This market is witnessing
significant growth owing to increasing
responsiveness concerning the usage of polymers
in concrete as it offers multi-tasking and
enhanced performance. Extensive spending on
maintenance and repair along with rapid growth in
infrastructural and developmental accomplishments
in growing economies are the major factors
driving the growth of polymer concrete market
Polymer Concrete Market
The major factors contributing towards the growth
of global polymer concrete market includes
increasing government investments across the
world in civil infrastructure projects including
railways, roads, water reservoirs, airports,
buildings, sewer systems, tunnels, bridges and
others are further accentuating the growth of
this market. Moreover, extensive investment in
developmental projects and rapid escalation in
repair and maintenance accomplishments in the
civil infrastructure segment is further driving
the growth of this market. However, relatively
high cost of concrete polymer as compared to that
of traditional concrete owing to its premium
properties is expected to be the major factor
hindering the growth of polymer concrete market
across the globe.
Polymer Concrete Market
Geographic Overview
Geographically, North America has been observing
largest revenue in the polymer concrete market.
The increasing market revenue is projected
towards extensive usage of concrete in
maintenance activities in this region.  Moreover,
Middle East and Africa (MEA) has been
contributing second largest revenue share in the
polymer concrete market, due to rapid economic
progression in the region. Additionally, it has
been observed that future mega developmental
projects such as Smart City in Qatar and Dubai
are bolstering market growth in this
region.  Explore Full Report Description at
Polymer Concrete Market
Competitive Insight
Globally industry players are leveraging market
growth by replacing the cheap substitutes of
products to providing superior quality options
for varied ranges of applications across the
globe. Some of the major players operating in the
global polymer concrete market are Fosroc
International Ltd., Dudick Inc., Forte Composites
Inc., Crown Polymers Corporation, ACO Severin
Ahlmann GmbH Co. KG, ErgonArmor, BASF SE,
 BaseTek, Sauereisen Inc., and Sika AG.
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Polymer Concrete Market
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