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Polymer Concrete Market is Projected to Reach $2,964.0 Million by 2023 Witnessing a CAGR of 7.1% by Global

05-16-2018 01:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

Polymer Concrete Market is Projected to Reach $2,964.0 Million

The growth of the polymer concrete market is mainly driven by the growing investment in civil construction projects, and increase in repair and maintenance activities across the globe.

On the basis of type, the market is segmented into epoxy, polyester, vinyl ester, and others. Epoxy has been the largest category in the polymer concrete market, attributed to its increasing use in construction activities due to its superior properties of high impact strength, high vibration resistance, good bonding with concrete and metal surfaces, and others.Of all classes in the polymer concrete market, polymer modified concrete (PMC) has been recording the largest share in the market so far. This can be attributed to the cost advantage it offers over other classes due to low polymer content in it

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Globally, North America has been recording the highest revenue in the polymer concrete market. This is attributed to the increasing use of this concrete in repair and maintenance activities in the region. Instead of demolishing and rebuilding industrial, civil, and other infrastructures, companies and individuals are opting for repair and restoration of infrastructures, which is driving the market growth.

Middle East and Africa (MEA) has been recording the second highest revenue share in the polymer concrete market, led by the high economic development in the region. The upcoming mega construction projects in the region, such as Smart City in Dubai and Lusail City in Qatar are fueling the market growth.

Some of the major players operating in the polymer concrete industry are Forte Composites Inc., ACO Severin Ahlmann GmbH & Co. KG, Fosroc International Ltd., Sauereisen Inc., Dudick Inc., ErgonArmor, BaseTek, Crown Polymers Corporation, BASF SE, and Sika AG.

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GLOBAL POLYMER CONCRETE MARKET SEGMENTATION

By Type

Epoxy
Polyester
Vinyl Ester
Others
By Class

PMC
PRC
PIC
By Application

Containments and Waste Containers
Pump Bases
Flooring Blocks
Trench Drains
Others
By End User

Civil Infrastructures
Non-Residential Structures
Residential Structures
By Region

North America
U.S.
Canada
Asia-Pacific (APAC)
China
Japan
India
Rest of APAC
Middle East and Africa (MEA)
U.A.E.
Saudi Arabia
Rest of MEA
Europe
Germany
Italy
France
U.K.
Russia
Rest of Europe
Latin America (LATAM)
Brazil
Mexico
Rest of LATAM

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:

P&S Market Research
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

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