Press release
Global Polymer Concrete Market Anticipated to Reach USD 1.3 Billion by 2030
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ 1.3 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2030The global polymer concrete market, valued at USD 865.8 million in 2023, is anticipated to grow to USD 1.3 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/2282/
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Polymer concrete, a composite material that replaces traditional cement binders with polymer resins, offers enhanced properties such as high impact resistance, compressive strength, and chemical resistance. These attributes make it ideal for infrastructure development, including roads, bridges, and industrial structures. The increasing demand for durable and low-maintenance construction materials is a significant driver of market growth.
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's construction sector is experiencing rapid growth, leading to increased adoption of advanced materials like polymer concrete. The country's focus on modernizing infrastructure presents significant opportunities for market expansion.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's emphasis on infrastructure development, particularly in transportation and urban projects, has led to a rise in the use of polymer concrete. The material's durability and resistance to environmental factors make it suitable for Thailand's climate and construction needs.
๐๐๐ฉ๐๐ง: ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
In Japan, technological advancements and a focus on sustainable construction practices have driven the adoption of polymer concrete. The material is increasingly used in applications requiring high durability and precision, aligning with Japan's stringent construction standards.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is witnessing consolidation in its construction industry, with companies merging to enhance capabilities. This trend includes a focus on advanced materials like polymer concrete to improve construction quality and longevity.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's commitment to smart city initiatives and sustainable urban development has led to the integration of innovative materials such as polymer concrete. The material's application in drainage systems and urban infrastructure supports the city's modernization efforts.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ :๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐.๐.
The U.S. polymer concrete market was valued at USD 100.0 million in 2022 and is projected to grow at a CAGR of 4.5% during the forecast period. The increasing need for high-performance construction materials with improved corrosion resistance and extended lifespan is the key factor driving market growth.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe is experiencing significant growth in the polymer concrete market, driven by stringent environmental regulations and a focus on sustainable construction. The material's recyclability and durability align with European standards, promoting its widespread adoption.
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Polyester
Vinyl Ester
Epoxy Based
Others
The market for polymer concrete is divided into four segments based on the material: polyester, vinyl ester, epoxy-based, and others. The polyester material market is anticipated to expand quickly between 2023 and 2030. Polyester resin is one kind of thermosetting polymer that is widely used in many different industries, such as construction, composite materials, and automotive parts, because of its easy processing qualities and reasonable cost. Polyester resin was used as a binder in the current work to generate polymer concrete.
๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐๐ ๐๐ง๐ญ
Natural Resin
Synthetic Resin
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Asphalt Pavement
Pump Bases
Waste Containers
Flooring Blocks
Trench Drains
Others
The market is divided into several segments based on application, including trench drains, flooring blocks, waste containers, pump bases, asphalt pavement, and others. By 2030, the application segment for asphalt pavement is anticipated to have the biggest market share. Asphalt is commonly used to pave roads, parking lots, airports, and dams. Developments in the construction industry have led to the addition of polymers to asphalt cement, which alters its viscoelastic behavior.
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Industrial
Residential and Municipal
Commercial
๐๐ง๐ญ๐ซ๐ข๐ ๐ฎ๐๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ก๐๐ง๐๐ฌ-๐จ๐ง ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/request-sample/2282/
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Major Contributors in the Polymer Concrete Industry in North America:
1. Forte Composites Inc. - South Bend, Indiana, USA
2. ErgonArmor - Jackson, Mississippi, USA
3. Sauereisen Inc. - Pittsburgh, Pennsylvania, USA
Leading Figures in the European Polymer Concrete Sector:
1. BASF SE - Ludwigshafen, Germany
2. Sika AG - Baar, Switzerland
3. Wacker Chemie AG - Munich, Germany
4. MAPEI Corporation - Milan, Italy
5. ACO Group - Rendsburg, Germany
Key players driving the Asia-Pacific Polymer Concrete Market:
1. Cipy Polyurethanes Pvt. Ltd. - Mumbai, India
2. Dubond Products (India) Pvt. Ltd. - Ahmedabad, India
3. Sumitomo Chemical Co., Ltd. - Tokyo, Japan
4. Asahi Kasei Corporation - Tokyo, Japan
5. Jiangsu Runtai Chemical Co., Ltd. - Jiangsu Province, China
๐๐ข๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ญ๐! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐๐ฎ๐ซ ๐๐๐๐ฉ๐๐ ๐ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/market-report/polymer-concrete-market/2282/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Global Polymer Concrete ?
What is the growth rate of the Global Polymer Concrete Market?
Who are the key players in the Global Polymer Concrete market?
Who are the leading companies and what are their portfolios in Global Polymer Concrete Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Global Polymer Concrete Market?
Which are the factors expected to drive the Global Polymer Concrete market growth?
What are the different segments of the Global Polymer Concrete Market?
What growth strategies are the players considering to increase their presence in Global Polymer Concrete ?
What are the upcoming industry applications and trends for the Global Polymer Concrete Market?
What segments are covered in the Global Polymer Concrete Market?
What segments are covered in the Global Polymer Concrete Market?
What are the key opportunities in the market?
What factors restrain the market growth?
๐๐ฑ๐๐ข๐ญ๐๐ ๐ญ๐จ ๐๐ข๐ฏ๐ ๐ข๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐๐จ๐ฏ๐๐ซ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/2282/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
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