Global Polymer Concrete Market: Trends, Share, Size, Growth, Opportunity and Forecast 2019-2027

 

Polymer Concrete Market

The polymerization of a monomer or aggregate mixture results in the formation of polymer concrete. Combined with the aggregate mixture, the polymer serves as a binder. A smaller amount of polymer is needed to bind the aggregates because such concrete is made by reducing the volume of voids in the aggregates. In comparison to traditional concrete made with Portland cement, polymer concrete has a number of superior qualities. Because polymer concrete has a number of desirable characteristics, such as high compressive strength, quick curing, high specific strength, and chemical resistance, it is frequently used in a variety of industries. It is also employed in machine construction because of its vibration-damping capability. The compressive and impact strengths of the Polymer Concrete Market are higher than those of conventional concrete, which is one of its key advantages. Concrete made of polymer is both significantly more abrasion- and chemical-resistant. Since polymer concrete has much lower permeability than conventional concrete formulations, problems with seepage and water leakage in building structures are avoided.

Polymer Concrete Market is becoming more and more popular in the construction industry as a result of these distinctive advantages and the cutting-edge chemistry of its product, which is a significant long-term market driver. These advantages are provided by the chemical composition and inherent toughness of polymer resins, which are driving the market for polymer concrete to grow.

Apart from its traditional stronghold of residential & municipal end-use areas, the industrial sector has emerged as a prominent end user in the Polymer Concrete Market. Industrial settings greatly benefit from the unique standout properties of polymer concrete, such as vibration dampening, quick curing, and the ability to be molded into complex shapes. Other benefits include chemical, abrasion, and corrosion resistance, which makes polymer concrete a more and more popular choice in industrial facilities.

The industry is increasingly creating and marketing water-soluble polymer-based formulations, positioning them as a significantly more environmentally friendly alternative to solvent-based polymer formulations. Regulatory authorities are also favoring water-based formulations with low volatile organic content (VOC) emissions because they reduce the environmental impact of polymer production.

Along with North America, the construction industry in Europe was among the first to use polymer concrete after it was commercialized. When compared to end users in developing economies like Asia, the Middle East, and Latin America, these markets continue to adopt polymer concrete more frequently than traditional concrete.

In Latin America, the Middle East, and the Asia Pacific, the polymer concrete market is still in its relative infancy. These markets, which are experiencing rapid economic growth, are spending a lot of money building infrastructure and on both residential and commercial construction. This offers huge potential for market participants in polymer concrete to penetrate these markets.

Section for Competition

BASF SE, Sika AG, Wacker Chemie AG, Dudick Inc., ACO Group, Kwik Bond Polymers LLC, Sauereisen Inc., Hubbell Power Systems Inc., Forte Composites, Inc., Ulma - Architectural Solutions, and Sandmix Sp. z o.o. S.K. are a significant market participant.

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