Polymer Concrete Market, Major Players, Growth Analysis, and Forecast, 2023–2026

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The Global Polymer Concrete Market is forecast to reach USD 757.7 Million by 2026, according to a new report by Reports and Data.

The Global Polymer Concrete Market is forecasted to reach USD 757.7 Million by 2026, according to a new report by Reports and Data. A significant rise in the demand for polymer concretes has been observed in the recent period. The primary contributing factor for the increased demand and market growth of polymer concretes is enhanced performance and mechanical properties of this type of concretes. An integration of factors like the rise in investments on public construction, increase in awareness about high performance of polymer concrete and established upstream players also contributes to the growth of the market. The change in demands in the construction industry has a significant impact on the growth of the market. It is due to the changing preferences in the construction sector, and its continuous growth, and chemical resistance, due to which construction materials are witnessing high demand in this sector. Such increased demand for chemical resistant construction materials is propelling the growth of the market as polymer concretes are known for its high resistance to chemical attacks.       

The rise in government investments on infrastructural projects is another essential factor in boosting the growth of the market. As an instance, by 2025, Indonesia is projected to spend USD 165 Billion on infrastructural projects. Such high investments on infrastructural projects in different nations would play an integral role in the growth of polymer concrete market.      

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Market Overview:

As a result of steady revenue growth over the past few years, the manufacturing and construction industry is expected to achieve a robust annual revenue growth rate between 2021 and 2028. In addition to the rapidly growing construction industry, rapid urbanization and industrialization, and technological advancements in manufacturing techniques, this can also be attributed to these factors. Green construction and energy efficient buildings have become increasingly popular in recent years as awareness of environmental impact and carbon emissions has increased. Over the forecast period, key factors are expected to boost global market growth, including the rapid growth of global populations, changing lifestyle preferences, the increasing demand for smart buildings, an increase in renovation and reconstruction activities, and an increase in eco-friendly construction activities. Other factors that will contribute to market growth in the future include an increase in disposable income, government schemes, and investments by private organizations.

Some of the Leading Market Players Are Listed Below:

  • Fosroc,
  • BASF,
  • Wacker Chemie,
  • Bouygues Construction,
  • MAPEI,
  • Sika,
  • ACO Group,
  • Forte Composites Inc,
  • ErgonArmor
  • Sauereisen, Inc

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Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, RD investments, and joint ventures to gain robust footing in the market. 

Market Segmentation:

Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

  • Epoxy
  • Polyester
  • Vinyl
  • Others

Class type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

  • Polymer Resin Concrete (PC)
  • Polymer Modified Concrete (PMC)
  • Polymer Impregnated Concrete (PIC)

Binding Agent type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

  • Synthetic agents
  • Natural agents

Raw Materials type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

  • Thermoset Resin
  • Lime Stone
  • Silica
  • Quartz

End-user Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

  • Residential Structures
  • Infrastructures
  • Non-Residential Structures

Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

  • Waste Containers
  • Containments
  • Trench Drains
  • Others

The Global Polymer Concrete Market Is Segmented Into:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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