Polymer Concrete Market 2019 Industry Analysis, Size, Share, Application, Key Players, Overview, Demand – Forecast to 2023

“Polymer Concrete Market”
Increasing need for weather resistant construction material is expected to drive the growth of the polymer concrete market in both developed and developing economies over the forecast period, 2018-2023.

Polymer concretes are produced using polymer as a binder with conventional aggregate fillers. Polymer concrete uses strong polymeric resin bonded by aggregates instead or along with water and cement. Polymer concrete offer various advantages such as high compressive strength and impact strength, high resistance to freezing and thawing, high resistance to abrasion and chemical attack, fast curing, and reduced permeability. Thus, it is more desirable than conventional materials such as concrete, metals, fiberglass, and plastic. Various types of polymers are used for manufacturing of polymer concretes such as epoxy, polyester, vinyl, acrylate, furan, and others. Conventional concrete is a composite material containing ordinary portland cement, water, coarse aggregates, and fine aggregates. 

Competitive Landscape:

Some of the key players in the global Polymer Concrete Market are Sika AG (Switzerland), MAPEI Corporation (Italy), Fosroc. Inc. (U.K.), Sauereisen Inc. (U.S.), Kwik Bond Polymers (US), Dudick Inc. (U.S.), ErgonArmor (U.S.), Crown Polymers Corp. (U.S.), Cornerstone Construction Material (U.S.), and FORTE COMPOSITES, INC (U.S.).

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Market Abstract:

Polymer concretes are categorized into three types namely polymer concrete, polymer modified concrete, and polymer impregnated concrete. polymer concrete uses polymer as a binder by replacing cement in the composite mixture. In polymer modified concrete, polymer along with cement is used with course & fine aggregates. In polymer impregnated concrete,  methyl methacrylate monomer is used for impregnating on wet cured portland cement, followed by polymerization with gamma radiations or chemically initiated means, i.e. by using thermal catalytic method (adding 3% by weight benzoyl peroxide) to the monomer as a catalyst. The impregnation is aided by drying the concrete at a higher temperature by evacuations and soaking in the monomer under pressure.

Polymer concrete offer various advantages such as high compressive strength and impact strength, high resistance to freezing and thawing, high resistance to abrasion and chemical attack, fast curing, and reduced permeability. Thus, it is more desirable than conventional materials such as concrete, metals, fiberglass, and plastic. Various types of polymers are used for manufacturing of polymer concretes such as epoxy, polyester, vinyl, acrylate, furan, and others.

Market Segments: 

The Polymer Concrete Market is segmented by class, type of polymer, application, end-use industry, and regions.

On the basis of the class, the global polymer concrete market is segmented into polymer concrete, polymer modified concrete, polymer impregnated concrete, and others.

On the basis of the type of polymer, the global polymer concrete market is segmented into the epoxy, polyester, vinyl, acrylate, latex, furan, styrene butadiene rubber, and others.

On the basis of the application, the global polymer concrete market is segmented into asphalt pavement, building, and maintenance, industrial tanks & containments, prefabricated products for drainage systems, marine works, and others.

On the basis of the end-user industry, the global polymer concrete market is segmented into residential, commercial, industrial, and infrastructure.

On the basis of the region, the global polymer concrete market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Intended Audience

  • Polymer concrete manufacturers
  • Traders and distributors of polymer concrete
  • Research and development institutes
  • Potential investors
  • Raw material suppliers
  • Nationalized laboratory

Regional Analysis:

The global polymer concrete market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

North America is expected to dominate the global market during the forecast period, which is likely to be followed by Europe. Asia Pacific is expected to be the fastest growing market for polymer concrete and is expected to witness strong growth over the forecast period. The Middle East & Africa is expected to show rising demand during the forecast period. Latin America held the least market share in 2017 and is expected to grow at relatively slow pace over the forecast period, 2018-2023.

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