Polymer Concrete Market Current Trends, SWOT Analysis, Strategies, Industry Challenges, Business Overview and Forecast Research Study Forecast 2018 – 2023

Polymer Concrete Market Current Trends, SWOT Analysis, Strategies, Industry Challenges, Business Overview and Forecast Research Study Forecast 2018 – 2023

“”Polymer Concrete Market Research Report – Forecast to 2023″”
Polymer Concrete Market size is expected to witness a significant growth on account of rising penetration of polymer or resin concrete in the construction industry. Increasing efforts by manufacturers and researchers to introduce innovative construction materials for higher durability, strength, and performance is expected to have a positive impact on the industry growth

Polymer Concrete Market Eyeing for an Impressive Growth

North America to Have Precedence in Polymer Concrete Market

Polymer Concrete Market Segmentation:

MRFR report offers a complete segmental analysis of the polymer concrete market on the basis of type of polymer, class, application and end use.

Based on class, it is segmented into polymer impregnated concrete, polymer modified concrete, polymer concrete and others. Of these, polymer modified concrete will dominate the market over the assessment period.

Based on type, the polymer concrete market is segmented into styrene butadiene rubber, furan, latex, acrylate, vinyl, polyester, epoxy and others. Of these, epoxy will have the largest share followed by polyester.

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Based on application, it is segmented into marine works, prefabricated products for drainage systems, industrial tanks & containment, building and maintenance, asphalt pavement and others. Of these, asphalt pavement will lead the market.

Based on end use, the polymer concrete market is segmented into infrastructure, industrial, commercial and residential. Of these, the infrastructure segment will dominate the market over the assessment period.

Key Players:

Leading players profiled in the polymer concrete market include MAPEI Corporation, Sauereisen Inc, Dudick Inc., Crown Polymers Corp., Forte Composites Inc., Cornerstone Construction Material, ErgonArmor, Kwik Bond Polymers, Fosroc Inc., and Sika AG.

March 2019 – Tnemec Company, Inc lately revealed that it has acquired ProPolymer Coatings, a leading coatings company based in St Louis. Their product portfolio includes surface-tolerant, high-build epoxy coatings, polymer concrete materials that are made for chemical and thermal shock resistance, vinyl ester linings of high-performance and secondary containment products exclusively for industrial processing. These products will be made as well as packaged at the main manufacturing facilities at Tnemec, in North Kansas City, Missouri. It will be offered by the independent sales representatives of Tnemec all across North America and abroad.

Market Analysis:

The global polymer concrete market is projected to have a healthy growth at an impressive CAGR over the assessment period (2018-2023). Polymer concrete is different from traditional concrete, though it utilizes few similar types of materials. This is utilized for construction projects as it has several characteristics which makes it more durable and safer than regular concrete. Compared to the traditional version, the price of polymer concrete is slightly higher and is specifically measured in terms of shrinkage and density. It can be utilized for providing a base or a structure or for joining two different components. Owing to its superior characteristics namely durability, strength and high toughness, polymer concrete is used in a wide range of applications. These include electrolysis of non-ferrous metals, linear drainage system, bridge drainage system, prefabricated structural elements, desalination plants, industrial plants, waterproofing structures, sewage works, water storage systems, industrial tanks, marine works, nuclear power plants and others.

There are numerous factors that is driving the growth of the polymer concrete market. These factors according to MRFR (Market Research Future) report include increasing penetration of polymer concrete especially in the construction industry, higher longevity of construction projects, growing need for weather-resistant construction materials, and increasing efforts by researchers and manufacturers for introducing innovative construction materials that offers higher performance, strength and durability. On the contrary, higher price of polymer concrete may restrict the polymer concrete market growth.

Regional Analysis:

By region, the polymer concrete market covers growth opportunities and latest trends across North America, Latin America, Asia Pacific and Middle East and Africa. Of these, North America will remain the leading contributor owing to increasing need of polymer concrete from construction industry in the region. Here the construction industry is at the vanguard of innovation equipment and solutions related to construction, and the market is expected to get eager and willing customer base in the upcoming years. The noteworthy advantages of using polymer concrete over traditional concrete are predicted to convince buyers to choose polymer concrete that will drive the market growth over the assessment period. In the APAC region, the polymer concrete market is expected to grow at the fastest pace owing to the construction industry that is growing rapidly. The demand for lasting architecture in Asia Pacific’s emerging economies is projected to propel the market over the assessment period.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat Of New Entrants

4.2.2 Bargaining Power Of Buyers

4.2.3 Bargaining Power Of Suppliers

4.2.4 Threat Of Substitutes

4.2.5 Intensity Of Competitive Rivalry

5 Market Dynamics Of Global Polymer Concrete Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

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