What is Polymer Concrete Market?
Polymer concretes are a type of concrete that use organic polymers to replace lime-type cements as a blinder. It is used for construction projects in the same manner like traditional concrete, but the polymer compounds give the concrete several characteristics that tend to make it safer or more durable than regular concrete. It has various advantages such as higher properties, low energy requirements and low labor costs.
Highlights from Polymer Concrete Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Ultratech Concrete (India), ANHUI ELITE INDUSTRIAL CO, LTD (China), INDOCOOL Composites Private Limited (India), MEA China Ltd. (China), Hong Leong Asia Ltd (Switzerland), Sika (Switzerland), AICA Kogyo Co., Ltd. (Japan), Redwop Chemicals Pvt. Ltd. (India), NIPPON SHOKUBAI (Japan) and Dow Chemical (United States) |
Research Analyst at AMA predicts that Indian Vendors will contribute to the maximum growth of Asia Polymer Concrete market throughout the forecasted period.
Ultratech Concrete (India), ANHUI ELITE INDUSTRIAL CO, LTD (China), INDOCOOL Composites Private Limited (India), MEA China Ltd. (China), Hong Leong Asia Ltd (Switzerland), Sika (Switzerland), AICA Kogyo Co., Ltd. (Japan), Redwop Chemicals Pvt. Ltd. (India), NIPPON SHOKUBAI (Japan) and Dow Chemical (United States) are some of the key players profiled in the study. Polymer Concrete Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Containments, Pump Bases, Waste Containers, Flooring Blocks, Trench Drains and Others (Park Benches & Outdoor Furniture, Solid Surface Counter and Overlays) |
Type | Epoxy, Latex, Acrylate, Polyester, Vinyl, Furan and Others (Phenolic-Formaldehyde, Acetone-Formaldehyde, Carbamide) |
End-User | Non-residential Structures,Infrastructure,Residential |
Class | Polymer Modified Concrete (PMC),Polymer Resin Concrete (PC),Polymer Impregnated Concrete (PIC) |
On the basis of geography, the market of Polymer Concrete has been segmented into Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Eco-Friendly Concrete
Market Growth Drivers:
High Tensile, Flexural and Compressive Strength and Low Water Permeability, Good Chemical Resistance and Light Weight
Challenges:
Lack of Awareness about Polymer Concrete in Some Regions
Restraints:
High Cost of the Polymer Concrete
Opportunities:
Rising Demand as a Substitution for Traditional Concrete and Growing Demand for Nuclear Power Plants, Marine Works, Industrial Tanks, Water Storage Systems Etc.
Key Target Audience
Polymer Concrete Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user