Polymer Concrete Market Application:
Global polymer concrete market applications are asphalt pavement, building and maintenance, industrial tanks & containments, prefabricated products for drainage systems, marine works, and others. Industrial tanks & containments, asphalt pavement, and building & maintenance activities are likely drive the global polymer concrete market owing to rapid industrialization & urbanization in emerging economies, growing building & renovation industry in developed regions, and ongoing infrastructural activities across the globe over the forecast period.
Top Market Players:
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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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.
Polymer concretes are produced using polymer as a binder with conventional aggregate fillers. Conventional concrete is a composite material containing ordinary portland cement, water, coarse aggregates, and fine aggregates. Polymer concretes are categorized into three types namely polymer concrete, polymer modified concrete, and polymer impregnated concrete. 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 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.
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Segmentation by class: the global polymer concrete market is segmented into polymer concrete, polymer modified concrete, polymer impregnated concrete, and others.
Segmentation by type of polymer: the global polymer concrete market is segmented into the epoxy, polyester, vinyl, acrylate, latex, furan, styrene butadiene rubber, and others.
Segmentation by 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.
Segmentation by end-user industry: the global polymer concrete market is segmented into residential, commercial, industrial, and infrastructure.
Segmentation by 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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