Market Research Future (MRFR) has released a new market intelligence report on the global polymer concrete market. The report examines the historical growth trajectory of the global polymer concrete market in order to understand the effect of the leading drivers and restraints on the market and provides a clear picture of the market’s likely growth trajectory over the forecast period from 2018 to 2023.
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Asia Pacific is projected to be the fastest growing market of polymer concrete over the forecast period 2018-2023
The global polymer concrete market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
North America accounted for the major share of the global polymer concrete market in 2017 and is expected to continue growing at the same pace during the forecast period. Repair and restoration activities across the region are attributed to the increasing use of polymer concrete material and are expected to drive the growth of the polymer concrete market. Furthermore, significant road & bridge construction activities across the region are also driving the polymer concrete market to a large extent.
Europe is another substantial region in market and is expected to witness high demand during the forecast period. Substantial benefits of polymer concrete over conventional concretes are the factors contributed to the growth of the polymer concrete market in the region. Furthermore, more emphasis on technologically advanced products is expected to drive demand for polymer concretes from building & maintenance activities, industrial tanks & containments, prefabricated products for drainage systems, and others during the forecast period 2018-2023.
Asia Pacific is expected to be the fastest growing market for polymer concrete, in terms of value and volume, in 2017. Growing consumption of polymer concrete in residential, commercial & industrial, and infrastructural projects due to rapid industrialization and urbanization on account of expanding population is expected to drive the growth of the polymer concrete market over the forecast period. Furthermore, relaxed investments norms, particularly in China & India, facilitates shifting of large manufacturers from mature markets such as Europe and North America to Asia Pacific are expected to affect the market growth positively.
The Middle East & Africa is expected to witness rising demand for polymer concrete owing to ongoing infrastructural projects such as Smart City and Dubai Expo 2020 in the UAE, Lusail City, and FIFA world cup 2022 in Qatar.
Latin America is expected to witness moderate demand for polymer concrete owing to its relatively high cost and the market during the forecast period.
The global 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.
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.).
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
4.1.4 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
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