Polymer Concrete Market by Class, Type, Binding Agent, Application, End use

List of Tables

[192 Pages Report] The Polymer Concrete Market size was estimated at USD 2.47 billion in 2023 and expected to reach USD 2.75 billion in 2024, at a CAGR 12.27% to reach USD 5.57 billion by 2030.

Polymer concrete is a type of composite material that uses polymer binding instead of cement as a binder. This form of concrete is enhanced to achieve superior mechanical performance, increased chemical resistance, quicker curing times, and lower permeability compared to traditional concrete. The market for polymer concrete encompasses the production, distribution, and application of this novel construction material across various end-use sectors. Increasing construction and infrastructural development activities, especially in emerging economies, drive the demand for polymer concrete. Government initiatives that focus on sustainable construction practices support the growth of eco-friendly alternatives, including polymer concrete. The expansion of industrial sectors that require chemical-resistant flooring options boosts the application of polymer concrete in such environments. The high cost of polymer concrete compared to traditional concrete hinders market growth. Growing improvements in the mechanical properties and durability of polymer concrete to outperform traditional concrete and other materials are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 2.47 billion
Estimated Year [2024]	USD 2.75 billion
Forecast Year [2030]	USD 5.57 billion
CAGR (%)	12.27%

Type: Growing usage of acrylate polymer concretes as they offer a much faster setting time

Acrylate polymer concretes are formulated using acrylate resins. Owing to their fast-setting nature and superior adhesion to existing materials, they are primarily used for repair and as overlays. They are chosen for quick-fix solutions and in environments where the speed of the set is crucial. Epoxy-based polymer concrete utilizes epoxy resin as a binder. This type offers exceptional durability and chemical resistance. It is preferred for highly demanding environments, including industrial floors, due to its resistance to abrasion and chemicals. Furan resins are used to create furan polymer concretes, which are known for their excellent chemical resistance. This type is specifically preferred for corrosive environments including chemical processing plants. Latex polymer concretes contain latex binders which help to improve flexibility and water resistance. Ideal for use in outdoor environments and in applications where flexibility and water impermeability are needed. Polyester polymer concrete is made using polyester resin, which offers a good balance between cost and performance. It's an economical choice for general-purpose applications and is often used in precast concrete elements. Polyester concrete is more cost-effective than epoxy but doesn't provide the same level of resistance to chemicals. Vinyl ester resin is used to create vinyl polymer concrete, and it offers excellent resistance to both chemicals and heat. This type is ideally suited for industrial applications where chemical and temperature resistance are paramount.

End use: Growing potential for durable and low-maintenance polymer concretes across infrastructure development projects

Infrastructure represents one of the primary applications for polymer concrete due to its enhanced properties including, high compressive strength, resistance to chemical corrosion, and rapid curing. It is preferentially used in the construction and maintenance of bridges, roads, tunnels, water containment systems, and sewage pipes. Non-residential structures include commercial, industrial, and institutional buildings. Polymer concrete is utilized in flooring, industrial tanks, containment systems, and as a protective coating for various constructions. Residential uses for polymer concrete are less widespread but are growing. They include the use of high-end construction for countertops, flooring, and exterior design elements due to their aesthetic appeal and functional traits.

Regional Insights

In the Americas, the polymer concrete market is rapidly developing with the rising need for quick-settling concrete alternatives, especially for repair operations in older infrastructure and roadways. The market is also benefiting from the DIY trend among American consumers for home improvement projects, due to which there has been an increase in the retail purchase of small quantities of polymer concrete. South America represents an expanding landscape due to the heightened demand for robust construction materials in challenging weather conditions. The public and private sectors are venturing into sustainable construction initiatives, with polymer concrete playing a critical role in achieving these environmental goals. Within the European Union, stringent environmental regulations and a focus on sustainable construction practices have brought polymer concrete to the forefront. EU directives on waste management and recycling have encouraged the development of eco-friendly polymer concrete composed of recycled polymers. In the Middle East and Africa, the expansion of the oil industry with the ongoing massive construction projects, particularly in countries including the UAE and Saudi Arabia, has created significant demand for polymer concrete. In the Asia-Pacific region, countries including China, Japan, and India are pivotal to the growth of the polymer concrete market with rapid urbanization, significant infrastructure investment, and construction. In China, the government's emphasis on water conservation and sewage treatment has propelled the usage of polymer concrete in infrastructure projects. Due to the growing environmental concerns, customers in this region are becoming more inclined towards sustainable and durable construction materials.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Polymer Concrete Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Polymer Concrete Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Polymer Concrete Market, highlighting leading vendors and their innovative profiles. These include ACO Ahlmann SE & Co. KG, Armorock Polymer Concrete, Atlas Minerals & Chemicals, Inc., BaseTek, LLC, BASF SE, Civilworks Group, Crown Polymers Corp., Dudick Inc., ErgonArmor, Fosroc, Inc., Gruber Systems, Inc., Hubbell Incorporated, Kwik Bond Polymers, LLC, Lidco Building Technologies, Mapei S.p.A., MEA Group GmbH, MR BOND POLYCHEM, Romtec Utilities, Inc., Sandmix Sp. z o.o. S.K., Sauereisen, Inc., Sika AG, The Dow Chemical Company, ULMA Architectural Solutions, and Wacker Chemie AG.

Market Segmentation & Coverage

This research report categorizes the Polymer Concrete Market to forecast the revenues and analyze trends in each of the following sub-markets:

Class
- Polymer Impregnated Concrete
- Polymer Modified Concrete
- Polymer Resin Concrete

Type
- Acrylate
- Epoxy
- Furan
- Latex
- Polyester
- Vinyl

Binding Agent
- Natural Resin
- Synthetic Resin

Application
- Containments
- Flooring Blocks
- Pump Bases
- Trench Drains
- Waste Containers

End use
- Infrastructures
- Non-Residential Structures
- Residential Structures

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Polymer Concrete Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Polymer Concrete Market?

3. What are the technology trends and regulatory frameworks in the Polymer Concrete Market?

4. What is the market share of the leading vendors in the Polymer Concrete Market?

5. Which modes and strategic moves are suitable for entering the Polymer Concrete Market?

Product Code: MRR-435027629F70

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Regulatory Requirements For Sustainable and Energy Efficient Construction Materials
  - 5.1.1.2. Increasing Use of Polymer Resin Concrete In Precast
  - 5.1.1.3. Demand for Chemical Resistant Construction Materials from Various Areas such as Nuclear Power Plants, Wastewater Treatment Plants, Desalination Plants, and Others
- 5.1.2. Restraints
  - 5.1.2.1. High Cost and Physical Limitation of Polymer Concrete
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing Efforts by Manufacturers to Introduce Innovative Construction Materials
  - 5.1.3.2. Rising Government Investment in Infrastructure Projects
- 5.1.4. Challenges
  - 5.1.4.1. Limited Skills & Knowledge for Mixing Polymers Concrete and Safe Handling
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing usage of acrylate polymer concretes as they offer a much faster setting time
- 5.2.2. End use: Growing potential for durable and low-maintenance polymer concretes across infrastructure development projects
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Polymer Concrete Market, by Class

6.1. Introduction
6.2. Polymer Impregnated Concrete
6.3. Polymer Modified Concrete
6.4. Polymer Resin Concrete

7. Polymer Concrete Market, by Type

7.1. Introduction
7.2. Acrylate
7.3. Epoxy
7.4. Furan
7.5. Latex
7.6. Polyester
7.7. Vinyl

8. Polymer Concrete Market, by Binding Agent

8.1. Introduction
8.2. Natural Resin
8.3. Synthetic Resin

9. Polymer Concrete Market, by Application

9.1. Introduction
9.2. Containments
9.3. Flooring Blocks
9.4. Pump Bases
9.5. Trench Drains
9.6. Waste Containers

10. Polymer Concrete Market, by End use

10.1. Introduction
10.2. Infrastructures
10.3. Non-Residential Structures
10.4. Residential Structures

11. Americas Polymer Concrete Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Polymer Concrete Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Polymer Concrete Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Sika Expands Production Capacity for Concrete Admixtures In The U.S.
- 14.3.2. Tremco CPG Asia Pacific (APAC) Launches 'Flowscreed Micro' - An exquisite, Natural concrete appearance to enhance the ambience
- 14.3.3. NEx Announces Partnership with Dextra to Expand Nonmetallic Building Materials

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio