Global polymer concrete market stood at around $ 475 million in 2018 and is projected to register a CAGR of over 5% during the forecast period to reach $ 646 million by 2024
NEW YORK, April 22, 2019 /PRNewswire/ -- Global Polymer Concrete Market By Type (Epoxy, Methyl Methacrylate & Others), By Class (Polymer Modified Concrete, Polymer Resin Concrete (PC) & Others), By Binding Agent (Natural Resin & Synthetic Resin), By Application, By End User Industry, By Region, Competition, Forecast & Opportunities, 2024
Read the full report: https://www.reportlinker.com/p05770076/?utm_source=PRN
Global Polymer Concrete Market Overview
Global polymer concrete market stood at around $ 475 million in 2018 and is projected to register a CAGR of over 5% during the forecast period to reach $ 646 million by 2024, 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.
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. Asia Pacific 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., Forte Composites Inc, Sauereisen, Dudick, ErgonArmor, BaseTec, among others.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
• To analyze and forecast global polymer concrete market size.
• To forecast global polymer concrete market based on type, class, binding agent, application, end user industry and regional distribution.
• To identify drivers and challenges for global polymer concrete market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global polymer concrete market.
• To conduct the pricing analysis for polymer concrete market.
• To identify and analyze the profile of leading players involved in the manufacturing of polymer concrete.
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.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of leading manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst analyzed the product offerings, distribution channels and presence of all major players operating in global polymer concrete market.
The analyst 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. The analyst 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 the analyst.
Key Target Audience:
• Polymer concrete manufacturers and suppliers
• Government and other regulatory bodies
• Trade associations, organizations, forums and alliances related to polymer concrete
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners and end users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, global polymer concrete market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, by Type:
o Epoxy
o Methyl Methacrylate
o Others (Latex, Polyester and Vinyl Ester)
• Market, by Class:
o Polymer Modified Concrete
o Polymer Impregnated Concrete
o Polymer Resin Concrete
• Market, by Binding Agent:
o Natural Resin
o Synthetic Resin
• Market, by Application:
o Pump Bases
o Containments
o Waste Containers
o Flooring Blocks
o Trench Drains
o Others (Stock Shapes, Roofing Sheets, etc.)
• Market, by End User Industry:
o Non-Residential Structures
o Residential Structures
o Civil Infrastructure
• Market, by Region:
o Asia-Pacific
China
India
Japan
South Korea
Australia
Singapore
Malaysia
o Europe
France
Germany
United Kingdom
Spain
Italy
o North America
United States
Mexico
Canada
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
Jordan
Iran
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global polymer concrete market.
Available Customizations:
With the given market data, we offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
Read the full report: https://www.reportlinker.com/p05770076/?utm_source=PRN
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Share this article