Polymer Concrete Market Growth - Size and Share by 2031

Analyst Perspective 

The global polymer concrete market is anticipated to register a CAGR of 7.7%. The growth in the construction sector has aided to growth of the polymer market. Polymer concrete offers several advantages over traditional concrete, increasing the popularity of polymer concrete in nuclear power plants, industrial plants, bridge drainage systems, marine works, and others. Polymer concrete is lighter than traditional concrete, reducing transportation and construction costs. However, the higher cost of polymer concrete than traditional concrete is a challenging factor for the growth of the concrete polymer market. Also, there is a lack of awareness regarding polymer concrete, which hampers the adoption of polymer concrete in some regions. Research and development are required for the growth of the polymer concrete market.

Market Overview 

Polymer concrete is part of concrete that uses polymer to supplement or replace the cement as a binder. Polymer concrete is used in bridge decks, culverts, and drainage systems due to its durability and resistance to harsh environments. Epoxy is the largest segment of the polymer concrete market. Polymer concrete has versatile applications, and it is a durable construction material. The increasing demand for the construction sector and the government’s emphasis on infrastructure drives the polymer concrete market’s growth. Polymer concrete is highly resistant to wear and tear, making it perfect for applications like flooring and industrial components. The market for polymer concrete is expected to grow in a forecasted period due development of the infrastructural sector and technological advancements.

Market Drivers

The polymer concrete industry is growing due to elevated compressive strength and heightened resilience to harsh climates, chemicals, and abrasion. Builders increasingly turn to polymer concrete due to its ability to address challenges such as permeability, leakages, and seepage, overcoming various building issues. Builders are actively adopting polymer concrete fueling the expansion of industry. Additionally, the demand for precision in molding and finishing, eliminating hydraulic flow issues, significantly enhances overall quality in the polymer concrete market.

Market Segmentation

The global polymer concrete market is segmented based on polymer type, class, binding agent, and application. Based on polymer type the market is segmented into epoxy, polyester, vinyl, acrylate, and others. Based on class the market is segmented into polymer resin concrete (PC), polymer-modified concrete (PMC), and polymer polymer-impregnated concrete (PIC). Based on binding agents the market is segmented into natural resin and synthetic resin. Based on application the market is segmented into containments, pump bases, waste containers, flooring blocks, and others.

Regional Analysis

The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global polymer concrete market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The polymer concrete market by region is also sub-segmented by respective countries and segments. The polymer concrete market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.

The report analyses factors affecting the polymer concrete market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter’s Five Forces analysis highlighting factors affecting the polymer concrete market in these regions.

Key Players

The reports cover vital organic and inorganic growth strategy developments in the polymer concrete market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were partnerships & collaborations acquisitions. These activities have paved the way for the development of the business and customer base of market players. The market players in the polymer concrete market are expected to have lucrative growth opportunities with the increasing demand for construction in the global market.

The report includes key companies’ profiles, SWOT analysis, and polymer concrete market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.

Below is a list of companies engaged in the polymer concrete market.

• BASF SE
• Sika Ag
• Dow Chemicals
• Forsoc
• Dudick
• Ergon Armor
• Mapei
• Kwik Bond Polymers
• Ulma Architectural
• Interplastic Corporation

Polymer Concrete Report Scope