Menu

Search

  |   Business

Menu

  |   Business

Search

Polymer Concrete Market to Reach $2,964 Million by 2023: P&S Market Research

NEW YORK, March 20, 2018 -- According to the new research report published by P&S Market Research, global polymer concrete market is forecasted to reach $2,964.0 million by 2023, the growth of the polymer concrete market is mainly driven by the growing investment in civil construction projects, and increase in repair and maintenance activities across the globe.

On the basis of type, the market is segmented into epoxy, polyester, vinyl ester, and others. Epoxy has been the largest category in the polymer concrete market, attributed to its increasing use in construction activities due to its superior properties of high impact strength, high vibration resistance, good bonding with concrete and metal surfaces, and others.

Request to Get the Sample Pages: https://www.psmarketresearch.com/market-analysis/polymer-concrete-market/report-sample

Of all classes in the polymer concrete market, polymer modified concrete (PMC) has been recording the largest share in the market so far. This can be attributed to the cost advantage it offers over other classes due to low polymer content in it.

On the basis of application, the polymer concrete market is classified into containments and waste containers, pump bases, flooring blocks, trench drains, and others. Trench drain has been the leading application category in terms of size, attributed to the growing need for repairing drainage systems in urban and rural areas worldwide.

Based on end user, the polymer concrete market is segmented into civil infrastructure, non-residential structures, and residential structures. Civil infrastructure has been the largest category, owing to the increasing construction of canals, drains and other civic amenities, across the globe.

Browse report overview with 136 tables and 48 figures spread through 152 pages and detailed TOC on "Polymer Concrete Market”: https://www.psmarketresearch.com/market-analysis/polymer-concrete-market

Globally, North America has been recording the highest revenue in the polymer concrete market. This is attributed to the increasing use of this concrete in repair and maintenance activities in the region. Instead of demolishing and rebuilding industrial, civil, and other infrastructures, companies and individuals are opting for repair and restoration of infrastructures, which is driving the market growth.

Middle East and Africa (MEA) has been recording the second highest revenue share in the polymer concrete market, led by the high economic development in the region. The upcoming mega construction projects in the region, such as Smart City in Dubai and Lusail City in Qatar are fueling the market growth.

The emergence of polymer concrete reinforced with fibers such as glass, boron, carbon, natural fibers, and others is a growth opportunity for the market. These fibers are added to improve the concrete’s properties, such as fracture resistance. Fiber-reinforced polymer composites are used in various types of engineering structures including aircrafts, helicopters, offshore platforms, and others. These composites also find application in biomedical devices and civil structures. Hence, the development of new advanced forms of fiber reinforced polymer materials is expected to benefit the polymer concrete market.

Some of the major players operating in the polymer concrete industry are Forte Composites Inc., ACO Severin Ahlmann GmbH & Co. KG, Fosroc International Ltd., Sauereisen Inc., Dudick Inc., ErgonArmor, BaseTek, Crown Polymers Corporation, BASF SE, and Sika AG.

More Reports by P&S Market Research

Conductive Polymer Market

The study suggests that the global conductive polymer market is likely to grow from $4,127.4 million in 2015 to $8,462.2 million by 2022. The increasing use of lightweight and high-performance smart materials, growing demand of conductive polymers in a wide range of applications, rapid industrialization, and growing economy of developing Asian countries are the factors that are expected to drive the demand for conductive polymers over the forecast period.

https://www.psmarketresearch.com/market-analysis/conductive-polymer-market

Pour Point Depressant (PPD) Market

Global pour point depressant market attained a size of $1,487.2 million in 2016 and is projected to witnes a CAGR of 3.7% during 2017-2023. The application of PPD is growing in the lubricant, automotive, and oil and gas industries. Some of the factors that are driving the growth of the industry around the world are the growing demand of vehicles, resulting in high demand of lubricants and increasing crude oil refining capacity to cater to the growing energy demand.

https://www.psmarketresearch.com/market-analysis/pour-point-depressant-market

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

Contact:

P&S Market Research

347, 5th Ave. #1402

New York City, NY - 10016

Toll-free: +1-888-778-7886 (USA/Canada)

Email: [email protected]

Web: https://www.psmarketresearch.com

Connect with us: LinkedIn | Twitter | Google + | Facebook 

Primary Logo

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.