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Polymer Concrete Market | Covid-19 Impact Analysis
The Polymer Concrete Market is Segmented by Class Type (Polymer Modified Concrete, Polymer Resin Concrete, and Polymer Impregnated Concrete), by Resin Type (Epoxy, Latex, Acrylate, Polyester, Vinyl, Furan, and Others), by Application Type (Containments, Pump Bases, Waste Containers, Flooring Blocks, Trench Drains, and Others), by End-Use Industry Type (Infrastructures, Residential, and Non-Residential), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Polymer concrete market is likely to witness a healthy CAGR of 6.4% during the forecast period. The prime factor that is contributing to the demand for polymer concretes is the increasing spending on repair & maintenance activities coupled with concrete polymers’ high performance and multifunctionality.
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Polymer Concrete Market - Snapshot |
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Growth |
6.4% for the next five years |
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Major Class Type |
Polymer Modified Concrete |
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Major Resin Type |
Epoxy |
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Dominant Application Type |
Containments |
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Dominant End-Use Industry Type |
Infrastructures |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
BASF SE, Crown Polymers Corp., Dow Chemical Company, Dudick Inc., ErgonArmor, Fosroc International Ltd., Kwik Bond Polymers LLC, Mapei SpA, Sauereisen Inc., Sika AG, and Others. |
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Based on the class type, the market is segmented as polymer modified concrete, polymer resin concrete, and polymer impregnated concrete. Polymer modified concrete accounted for the largest share of the market in 2019, and is expected to remain dominant during the forecast period. It has similar processing method as conventional cement concrete and is cost effective; hence, is preferred in the industry.
Based on the resin type, the polymer concrete market is segmented as 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 rehabilitation of weakened surfaces.
Based on the application type, the market is segmented as 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 and the Middle East & Africa.
Based on the end-use industry type, the polymer concrete market is segmented as infrastructures, residential, and non-residential. The infrastructures’ segment is expected to remain dominant in the market due to the repair and rehabilitation of historical structures to enhance life-span.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer concrete market during the forecast period, with the region’s flourishing manufacturing sector and increasing investment on 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.
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Some of the major polymer concrete manufacturers are-
Polymer concrete (also known as Polymer Portland cement concrete or latex-modified concrete) is a composite concrete consisting of polymer resins as binding materials in place of cement hydrate binders. It has advantages over conventional cement concrete, offering superior properties such as strength, adhesion, water tightness, chemical resistance, abrasion resistance, and durability; low energy consumption; and lower labor cost.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Polymer Concrete Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The polymer concrete market is segmented into the following categories.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The polymer concrete market is expected to witness an impressive growth of 6.4% CAGR in the foreseeable future.
BASF SE, Crown Polymers Corp., Dow Chemical Company, Dudick Inc., ErgonArmor, Fosroc International Ltd., Kwik Bond Polymers LLC, Mapei SpA, Sauereisen Inc., Sika AG, and others are among the key players in the polymer concrete market.
Asia-pacific is expected to be the largest polymer concrete market during the next five years.
Containments are expected to remain dominant application type in the polymer concrete market in the coming years.
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