404
+1-313-307-4176
Polymer Concrete Market Analysis | 2023-2028
Polymer Concrete Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2023-2028
The polymer concrete market was estimated at USD 532.01 million in 2022 and is likely to grow at a CAGR of 7.6% during 2023-2028 to reach USD 827.95 million in 2028.
Want to know more about the market scope? Register Here
Polymer concrete is a composite material made by mixing aggregates (such as sand, gravel, or crushed stone) with a polymer resin binder. Unlike traditional concrete, which uses Portland cement as the binder, polymer concrete replaces cement with a polymer resin, often epoxy, polyester, or vinyl ester.
The polymer binder provides several advantages, including improved chemical resistance, greater durability, and enhanced mechanical properties. Polymer concrete is known for its high strength-to-weight ratio and excellent resistance to corrosion and environmental factors, making it suitable for various applications, such as industrial flooring, bridge overlays, and sewage systems. It is particularly favored in environments where traditional concrete may deteriorate due to exposure to harsh chemicals or moisture. Polymer concrete is a versatile and durable construction material with a wide range of uses in civil engineering and infrastructure projects.
Want to have a closer look at this market report? Click Here
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the polymer concrete market (arranged alphabetically).
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at [email protected]
|
Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
|
Class Type Analysis |
Polymer Modified Concrete, Polymer Resin Concrete, and Polymer Impregnated Concrete |
Polymer-modified concrete accounted for the largest share of the market and is expected to remain dominant during the forecast period. |
|
Resin Type Analysis |
Epoxy, Latex, Acrylate, Polyester, Vinyl, Furan, and Others |
Epoxy is expected to remain the dominant resin type in the market. |
|
Application Type Analysis |
Containments, Pump Bases, Waste Containers, Flooring Blocks, Trench Drains, and Others |
Containments are expected to remain the dominant application segment of the market. |
|
End-Use Industry Type Analysis |
Infrastructures, Residential, and Non-Residential |
The infrastructure segment is expected to remain dominant in the market. |
|
Regional Analysis |
North America, Europe, Asia-Pacific, and Rest of the World |
Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer concrete market during the forecast period. |
“Polymer-modified concrete dominates the market during the forecast period.”
The polymer concrete market is segmented into polymer-modified concrete, polymer resin concrete, and polymer-impregnated concrete. Polymer-modified concrete accounted for the largest share of the market and is expected to remain dominant during the forecast period. It has a similar processing method as conventional cement concrete and is cost-effective; hence, it is preferred in the industry.
“Epoxy dominates the market during the forecast period.”
The market is segmented into epoxy, latex, acrylate, polyester, vinyl, furan, and others. Epoxy is expected to remain the dominant resin type in the market, as it offers superior adhesion and greater chemical, fatigue, and creep resistance. Epoxy-based concretes are preferred in industrial flooring, exterior walls, highways, and resurfacing materials for the rehabilitation of weakened surfaces.
“Containments dominate the market during the forecast period.”
The market is segmented into containments, pump bases, waste containers, flooring blocks, trench drains, and others. Containments are expected to remain the dominant application segment of the market, with the growing industrialization in emerging economies of Asia-Pacific, the Middle East, and Africa.
“The infrastructure segment dominates the market during the forecast period.”
The polymer concrete market is segmented into infrastructure, residential, and non-residential. The infrastructure segment is expected to remain dominant in the market due to the repair and rehabilitation of historical structures to enhance lifespan.
“Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer concrete market during the forecast period.”
The region’s flourishing manufacturing sector and increasing investment in residential and non-residential building & construction in China, Japan, and India. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Know the high-growth countries in this report. Register Here
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s polymer concrete market realities and future market possibilities for the forecast period of 2023 to 2028. After a continuous interest in our polymer concrete market report from the industry stakeholders, we have tried to further accentuate our research scope to the polymer concrete market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
Market Segmentation
This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The polymer concrete market is segmented into the following categories:
By Class Type
By Resin Type
By Application Type
By End-Use Industry Type
By Region
Click Here, to learn the market segmentation details.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].
Polymer concrete is a composite material made by mixing aggregates (such as sand, gravel, or crushed stone) with a polymer resin binder. Unlike traditional concrete, which uses Portland cement as the binder, polymer concrete replaces cement with a polymer resin, often epoxy, polyester, or vinyl ester.
The polymer concrete market was estimated at USD 532.01 million in 2022.
The forecasted value of the polymer concrete market is expected to be USD 827.95 million in 2028.
The polymer concrete market is likely to grow at a CAGR of 7.6% during 2023-2028.
BASF SE, Crown Polymers Corp., Dow Chemical Company, Dudick Inc., ErgonArmor, Fosroc International Ltd., Kwik Bond Polymers LLC, Mapei SpA, Sauereisen Inc., Sika AG, and others are among the key players in the market.
Asia-Pacific is expected to be the largest market during the next five years.
Containments are expected to remain the dominant application type in the market in the coming years.
WE ACCEPT
