Concrete Containing Polymers market is expected to grow at a CAGR of ~11.00%

Reports And Markets Publish a New Market Research Report On – "Concrete Containing Polymers Market - Segmented by Application, Constituent, Product Type, and Geography - Trends and Forecasts (2017 - 2022)"

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The Global Concrete Containing Polymers market is estimated to be valued at USD XX.XX million in 2015, and it is expected to grow at a CAGR of ~11.00% to reach USD XX.XX million by 2020. Concrete containing polymers, a type of composite concrete, is a construction material consisting of resins as a binder, along with a hardening agent and filler, such as an admixture of sand, gravel, or quartz.

The aforementioned concrete is significantly different from traditional building materials, as it completely or partially replaces hydraulic mineral binder, cement, from the concrete mixture. Thereby, resulting in improved strength and chemical-resistance characteristics.

In the global report, we have considered the revenue being generated by the sales of concrete containing polymers as a whole product. The segmentation of the market in terms of constituents; Aggregates, Resins, and Other Additives, has also been done. The resin types have further been sub-segmented into Epoxy, Styrene and its copolymers, Methyl Methacrylate (MMA), Polyester, Latex/Elastomers, and Others. The market has also been divided according to the product types into Polymer Concrete (PC), Latex-modified Concrete (LMC), Polymer-impregnated Concrete (PIC), and others

Owing to its superior mechanical properties, such as excellent compressive, splitting, and bending tensile strength, along with its high resistance to chemical reagents, including acids and bases; concrete containing polymers has been gaining popularity in the recent years as an alternative to the traditional construction materials.

Although, the aforementioned concrete provides the builders and residents with many other major advantages, including reduced maintenance cost, environment-friendliness, and shorter installation time; however, its usage is still majorly limited to North American and European countries.

In the global concrete containing polymers market, we have considered the following major application types: prefabricated products for drainage systems, industrial tanks, catch basins and channels, asphalt pavement, building repair construction, overlays, and others.

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The prefabricated products for drainage systems and industrial tanks application segments have been further sub-segmented into bridge and linear drainage systems, and electrolysis and storage tanks, respectively. The prefabricated products for drainage systems and overlays accounted for the majority of consumption in the global concrete containing polymers market in 2015.

This market is driven by a number of factors, such as concrete containing polymers superior characteristics, the increasing need for chemical-resistant construction materials, and the growing emphasis on use of environment-friendly concrete. However, this market faces certain drawbacks, primarily the premium pricing of concrete containing polymers, and the dearth of demand and awareness regarding Concrete Containing Polymers in the emerging economies.

The market has also been geographically segmented on the basis of consumption into Asia-Pacific, North America, Europe, South America, and MEA. The regions have further been bifurcated into countries. The US is the current leader in the world for concrete containing polymers, and is expected to grow at a CAGR of XX.XX% during the forecast period. The future potential markets with promising growth forecasts include the ASEAN countries, along with Australia, China, and India.

The replacement of traditional concrete and increase in awareness and usage in Asia-Pacific region, the recovering European construction industry, and the development of cheaper novel products, are expected to offer major growth opportunities for the players in the global concrete containing polymers market.

Some of the resin providers, pre-casters, suppliers, and producers mentioned in the report include ACO Group of Companies, BASF, Bechtel Corporation, Bouygues S.A., Forté Composites Inc., Interplastic Corporation, Italcementi, Kwik Bond Polymers, Modified Concrete Suppliers, ULMA Architectural Solutions, Wacker Chemie AG, and Wagman Concrete Group.

Key Deliverables in the Study

Market analysis for the Global Concrete Containing Polymers Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Concrete Containing Polymers market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

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