According to a study, it has been observed that in 2017 in Germany with a cumulative investment amount of $140 billion approximately 180 developmental projects were in a growing phase.

Additionally, in India in 2014 the investment of $700 billion was estimated towards urban infrastructure under the “Make in India” initiative. Moreover, these factors are further expected to bolster the growth of polymer concrete market across the globe.

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The major factors contributing towards the growth of global polymer concrete market include 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.

The global polymer concrete market has also been segmented by end-user into civil infrastructure, non-residential structure and residential structure. Civil infrastructure is projected to become the largest market owing to several initiatives by the government agencies to upgrade the economy and develop extensive investment in civil infrastructure in developed economies.

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.

Source: VynZ Research