Polymer Concrete Market 2019 – 2025 | Growth Analysis by Regional Players – BASF, Bouygues Construction, Wacker Chemie, ACO Group, Sika, Mapei

According to Global Market Insights, Polymer Concrete Market provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Polymer Concrete industry.

The robust shift in the focus of building developers toward constructing eco-friendly infrastructure over the last few years will push the use of polymer concrete on a large scale. The stand taken by regional governments to improve the economy with considerable investments in roads, buildings, bridges, and renovation of old monuments is also poised to fuel polymer concrete industry trends significantly. For the record, by the end of 2025, polymer concrete market will surpass a revenue collection of USD 600 million.

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With building developers becoming more conscious about the strength, ductility, and toughness of construction material, polymer concrete market has observed a renewed traction lately. This material is widely preferred on account of its benefits such as improving adhesive characteristics of old surfaces, tensile strength, freeze durability, and flexural strength. In addition, heavy investments in the global construction sector are being made lately, increasing the demand for various types of polymer concretes for providing impermeable toppings over the bridge decks, additives for plasters, and filling for installing tile.

Owing to the depletion of fossil fuel resources, the UAE government is shifting its focus on tourism rather investing in oil and gas exploration to diversify the economy. The increasing development of logistic centers and surging deployment of green technologies will propel Middle East polymer concrete market share over the years ahead.

The collaborative approach of mining companies and regulatory bodies to accelerate the number of mining activities will have a significant influence on the mining equipment industry growth. With the deployment of ambitious product development programs, global mining equipment industry is likely to traverse alongside a positive growth path. Driven by the growing investments in the mining and metal exploration activities, mining equipment market size will surpass USD 95 billion by the end of 2024.

Polymer concrete market by application:
1. Containments
2. Pump bases
3. Water containers
4. Flooring blocks
5. Trench drains
6. Others

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Polymer concrete market share is competitive, with several key players accounting for the total industry size. The major players include ACO Group of Companies, Forte Composites Inc, BASF, Bouygues S.A., Kwik Bond Polymers, Wacker Chemie AG, Sika, Crown Polymers, Fosroc, Mapei, ErgonArmor and SAUEREISEN.

Rising concerns about the carbon dioxide emission is one of the causes fueling the polymer concrete market outlook. The surging use of cement in road construction activities has led to an increase in carbon dioxide emissions across the globe. On this note, efforts are being made to utilize polymer concrete on a large scale. Reportedly, in Australia across the Victoria region, pavements, roads, and freeways have been developed with the help of geopolymer concrete.

The growing construction activities and rising focus on the surging use of polymer concrete materials, the giants in the polymer concrete market are looking forward to investing in capacity expansions. The countries across the Middle East for instance, have been rapidly expanding their existing facilities. In addition, regional governments have been making substantial investments on infrastructure development across this region, further generating lucrative opportunities for the market players.

Related News: https://www.globenewswire.com/news-release/2018/09/24/1574695/0/en/Polymer-Concrete-Market-revenue-to-cross-600mn-by-2025-Global-Market-Insights-Inc.html

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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This release was published on openPR.