Press release
Polymer Concrete Market is Forecasted to Reach US$ 827.95 Million in 2028, Says Stratview Research
The global polymer concrete market is projected to witness a growth rate of 7.6% annually from 2023 to 2028, with an anticipated size of US$ 827.95 million by 2028, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global polymer concrete market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1346/polymer-concrete-market.html#form
Report Highlights:
Market Size in 2028: US$ 827.95 million
Growth (CAGR): 7.6% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Polymer Concrete Market:
The global polymer concrete market is segmented based on class type, resin type, application type, end-use industry type, and region.
Based on class type - The polymer concrete market is segmented into polymer-modified concrete, polymer resin concrete, and polymer-impregnated concrete. Polymer-modified concrete accounted for the largest share of the market and is expected to remain dominant during the forecast period. It has a similar processing method as conventional cement concrete and is cost-effective; hence, it is preferred in the industry.
Based on resin type - The market is segmented into epoxy, latex, acrylate, polyester, vinyl, furan, and others. Epoxy is expected to remain the dominant resin type in the market, as it offers superior adhesion, greater chemicals, fatigue, and creep resistance. Epoxy-based concretes are preferred in industrial flooring, exterior walls, highways, and resurfacing materials for the rehabilitation of weakened surfaces.
Based on application type - The market is segmented into containments, pump bases, waste containers, flooring blocks, trench drains, and others. Containments are expected to remain the dominant application segment of the market, with the growing industrialization in emerging economies of Asia-Pacific, Middle East, and Africa.
Based on end-use industry type - The polymer concrete market is segmented into infrastructures, residential, and non-residential. The infrastructure segment is expected to remain dominant in the market due to the repair and rehabilitation of historical structures to enhance lifespan.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/1346/polymer-concrete-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer concrete market during the forecast period. This growth outlook is majorly attributed to the following-
• The region's flourishing manufacturing sector and increasing investment in residential and non-residential building & construction in China, Japan, and India.
• North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Polymer Concrete Market Drivers:
Some of the key drivers listed in the report are given below.
• The polymer binder provides several advantages, including improved chemical resistance, greater durability, and enhanced mechanical properties.
• Polymer concrete is known for its high strength-to-weight ratio and excellent resistance to corrosion and environmental factors, making it suitable for various applications, such as industrial flooring, bridge overlays, and sewage systems.
Top Companies in the Polymer Concrete Market:
Stratview Research has identified the following companies as the top market players.
• BASF SE
• Crown Polymers Corp.
• Dow Chemical Company
• ErgonArmor
• Fosroc International Ltd.
• Kwik Bond Polymers LLC
• Mapei SpA
• Sauereisen Inc.
• Sika AG
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Polymer Concrete Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Concrete Fiber Market: https://www.stratviewresearch.com/665/concrete-fiber-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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