Polymer Concrete Market worth $5.57 billion by 2030, growing at a CAGR of 12.27% - Exclusive Report by 360iResearch

The "Polymer Concrete Market by Class (Polymer Impregnated Concrete, Polymer Modified Concrete, Polymer Resin Concrete), Type (Acrylate, Epoxy, Furan), Binding Agent, Application, End use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Polymer Concrete Market to grow from USD 2.47 billion in 2023 to USD 5.57 billion by 2030, at a CAGR of 12.27%.

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Polymer concrete is a type of composite material that uses polymer binding instead of cement as a binder. This form of concrete is enhanced to achieve superior mechanical performance, increased chemical resistance, quicker curing times, and lower permeability compared to traditional concrete. The market for polymer concrete encompasses the production, distribution, and application of this novel construction material across various end-use sectors. Increasing construction and infrastructural development activities, especially in emerging economies, drive the demand for polymer concrete. Government initiatives that focus on sustainable construction practices support the growth of eco-friendly alternatives, including polymer concrete. The expansion of industrial sectors that require chemical-resistant flooring options boosts the application of polymer concrete in such environments. The high cost of polymer concrete compared to traditional concrete hinders market growth. Growing improvements in the mechanical properties and durability of polymer concrete to outperform traditional concrete and other materials are expected to create opportunities for market growth.

In the Americas, the polymer concrete market is rapidly developing with the rising need for quick-settling concrete alternatives, especially for repair operations in older infrastructure and roadways. The market is also benefiting from the DIY trend among American consumers for home improvement projects, due to which there has been an increase in the retail purchase of small quantities of polymer concrete. South America represents an expanding landscape due to the heightened demand for robust construction materials in challenging weather conditions. The public and private sectors are venturing into sustainable construction initiatives, with polymer concrete playing a critical role in achieving these environmental goals. Within the European Union, stringent environmental regulations and a focus on sustainable construction practices have brought polymer concrete to the forefront. EU directives on waste management and recycling have encouraged the development of eco-friendly polymer concrete composed of recycled polymers. In the Middle East and Africa, the expansion of the oil industry with the ongoing massive construction projects, particularly in countries including the UAE and Saudi Arabia, has created significant demand for polymer concrete. In the Asia-Pacific region, countries including China, Japan, and India are pivotal to the growth of the polymer concrete market with rapid urbanization, significant infrastructure investment, and construction. In China, the government's emphasis on water conservation and sewage treatment has propelled the usage of polymer concrete in infrastructure projects. Due to the growing environmental concerns, customers in this region are becoming more inclined towards sustainable and durable construction materials.

Market Segmentation & Coverage:

This research report categorizes the Polymer Concrete Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Class, market is studied across Polymer Impregnated Concrete, Polymer Modified Concrete, and Polymer Resin Concrete. The Polymer Modified Concrete commanded largest market share of 41.83% in 2023, followed by Polymer Resin Concrete.

Based on Type, market is studied across Acrylate, Epoxy, Furan, Latex, Polyester, and Vinyl. The Epoxy commanded largest market share of 26.64% in 2023, followed by Vinyl.

Based on Binding Agent, market is studied across Natural Resin and Synthetic Resin. The Synthetic Resin commanded largest market share of 90.26% in 2023, followed by Natural Resin.

Based on Application, market is studied across Containments, Flooring Blocks, Pump Bases, Trench Drains, and Waste Containers. The Flooring Blocks commanded largest market share of 27.14% in 2023, followed by Containments.

Based on End use, market is studied across Infrastructures, Non-Residential Structures, and Residential Structures. The Infrastructures commanded largest market share of 56.05% in 2023, followed by Non-Residential Structures.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 43.11% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Polymer Concrete Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Polymer Concrete Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Polymer Concrete Market, highlighting leading vendors and their innovative profiles. These include ACO Ahlmann SE & Co. KG, Armorock Polymer Concrete, Atlas Minerals & Chemicals, Inc., BaseTek, LLC, BASF SE, Civilworks Group, Crown Polymers Corp., ErgonArmor, Fosroc, Inc., Gruber Systems, Inc., Hubbell Incorporated, Kwik Bond Polymers, LLC, Lidco Building Technologies, Mapei S.p.A., MEA Group GmbH, MR BOND POLYCHEM, Romtec Utilities, Inc., Sandmix Sp. z o.o. S.K., Sauereisen, Inc., Sika AG, The Dow Chemical Company, ULMA Architectural Solutions, and Wacker Chemie AG.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Polymer Concrete Market, by Class
7. Polymer Concrete Market, by Type
8. Polymer Concrete Market, by Binding Agent
9. Polymer Concrete Market, by Application
10. Polymer Concrete Market, by End use
11. Americas Polymer Concrete Market
12. Asia-Pacific Polymer Concrete Market
13. Europe, Middle East & Africa Polymer Concrete Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Polymer Concrete Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Polymer Concrete Market?
3. What is the competitive strategic window for opportunities in the Polymer Concrete Market?
4. What are the technology trends and regulatory frameworks in the Polymer Concrete Market?
5. What is the market share of the leading vendors in the Polymer Concrete Market?
6. What modes and strategic moves are considered suitable for entering the Polymer Concrete Market?

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