Global Polymer Concrete Market Overview

Global polymer concrete market stood at $ 474.81 million in 2018 and is projected to register a CAGR of over 5% during the forecast period, on account of various factors such as increasing demand for chemical-resistant construction materials and growing awareness about eco-friendly concrete. Better mechanical properties and shorter installation time are also expected to boost the popularity of polymer concrete across the globe. Polymer concrete is a compound, which is a product of polymerization of a monomer/aggregate mixture. The polymerized monomer acts as binder for aggregates, and the resulting composite. Substitution of traditional concrete is anticipated to open new opportunities in global polymer concrete market during forecast period. However, high cost of polymer concrete inhibits the market growth.

Global Polymer Concrete Market Segmentation

Global Polymer Concrete Market has been categorized into type, class, binding agent, application, end user industry and region. Based on type, global polymer concrete market has been segmented into epoxy, methyl methacrylate and others. Among these, epoxy is the largest segment in global polymer concrete market, owing to high resistivity to chemicals, its great adhesion and creep resistance. Epoxy is used for special applications such as skid-resistant overlays in highways, industrial flooring, exterior walls and resurfacing materials for deteriorated areas to provide superior finishing. Based on class, the market has been segmented into polymer modified concrete, polymer impregnated concrete and polymer resin concrete. In terms of binding agent, the market has been categorized into natural resin and synthetic resin, while on the basis of application, the market has been segmented into pump bases, containments & waste containers and others. Based on end user industry, global polymer concrete market has been segmented into non-residential structures, residential structures, civil infrastructure.

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Global Polymer Concrete Regional Segmentation

Regionally, global polymer concrete market has been segmented into North America, South America, Europe, Asia-Pacific and Middle East & Africa. North America is anticipated to dominate the market during forecast period, owing to increasing road construction activities.

Growing Need for Chemical-Resistant Construction Materials

Concrete structures are generally exposed to corrosive environments, which usually result in damage of the structure. However, use of polymeric materials in concrete proves to subvert this issue, owing to their durability and high strength. In addition, use of various types of resins, like epoxy and polyester-styrene, offers the required chemical resistance to concrete structures in hostile environments.

Competitive Landscape

Some of the leading companies in global polymer concrete market are ACO polymer, BASF SE, Sika AG, Fosroc International Ltd., Sauereisen, Dudick, ErgonArmor, BaseTec, among others.Some of the leading players in global polymer concrete market are ACO polymer, BASF SE, Sika AG, Fosroc International Ltd., Sauereisen, Dudick, ErgonArmor, BaseTec, among others.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players operating in global polymer concrete market.

TechSci Research calculated global Polymer Concrete Market size using a top-down approach, where data for various end-user segments was recorded and forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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