Polymer Concrete Market

Polymer Concrete Market: Polyester Currently the Preferred Choice for Manufacturing Polymer Concrete Products: Global Industry Analysis and Opportunity Assessment, 2017-2027

  • 2017-05-23
  • REP-GB-3659
  • 261 pages
  • PDF PPT EXCEL
 Polymer Concrete Market

An Incisive, In-depth Analysis on the Polymer Concrete Market

This study offers a comprehensive, 360 degree analysis on the Polymer Concrete market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Polymer Concrete market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The global market for polymer concrete is estimated to be valued at US$ 322 Mn in the year 2017. By 2027, the market is expected to be valued at nearly US$ 692 Mn, registering a CAGR of 7.9% over the forecast period. The global polymer concrete market is expected to witness an incremental dollar opportunity of nearly US$ 370 Mn between 2017 and 2027, primarily driven by an increase in the requirement of materials with high durability, chemical resistance and corrosion resistance, both in industrial and municipal applications.

Superior characteristics of polymer concrete as compared to conventional concrete boosting the global market for polymer concrete

Polymer concrete products display higher compressive strength as well as impact strength as compared to other types of concrete products. This is due to the presence of a very low voids content in polymer concrete and due to the toughness of the polymer. Polymer concrete also displays a relatively higher resistance to freezing and thawing, as well as demonstrates high resistance to abrasion and chemical impact. In addition, polymer concrete displays superior resistance to corrosion, along with reduced permeability as compared to conventional concrete. All these characteristics of polymer concrete are widening its applications and boosting the global market.

Growing infrastructural activities in Middle East and Africa, Asia Pacific excluding Japan and Latin America fuelling the polymer concrete market

The rapid rise in infrastructural activities on a worldwide scale has been driving the demand for specialised applications where polymer concrete could be used; for instance residential and commercial applications. To underscore this point, we can consider the example of Asia Pacific, where there has been a significant rise in demand for sewerage pipes. The increasing population has been necessitating the need for upgrade of sewerage systems to higher capacities, which is expected to drive the demand for polymer concrete products, which in turn would drive the global polymer concrete market in the near future. Also, the construction of new roads, dams, bridges and upgrade of sewerage systems in countries such as China and Latin American countries is expected to present an attractive opportunity for the growth of the polymer concrete market in these regions. In addition, in the Middle East, there has been a considerable use of polymer concrete in infrastructure building such as in the construction of buildings, solid surface countertops in home interiors, roadways, bridges, pipes, tunnel liners and in other civic infrastructure.

High cost of polymer concrete restraining market growth

Due to the relatively high cost of polymer concrete as compared with other materials, its end use has been restricted only for special needs. Also, end users prefer surface layer applications of polymer concrete over entire polymer concrete constructions due to the high costs associated with polymer concrete, and also due to the fact that the surface application servers the purpose of polymer concrete applications well. Also, specific types of plastics have been proving to be a cheaper alternative to polymer concrete. All these factors are restraining the market for polymer concrete across the globe.

Global Polymer Concrete Market Analysis by Material Type

Presently, polyester is the preferred choice for manufacturing polymer concrete products. The Polyester segment by material type is estimated to hold more than 25% of the global market share in 2017. This is primarily owing to the low cost benefit offered by polyester when compared to vinyl ester, epoxy and other resins. However, Future Market Insights estimates the Polyester material type segment to lose 90 BPS by the end of 2027. The Polyester segment is estimated to be valued at more than US$ 80 Mn by 2017 end and is projected to create an incremental $ opportunity of US$ 87.0 Mn between 2017 and 2027. The Others segment is expected to gain significant BPS due to ongoing research in the use of new and advanced ingredients such as Methyl Methacrylate, Polyurethane, and Urea Formaldehyde resin. However, the rate of adoption is expected to remain relatively low.

polymer concrete market

Rising industrial end uses of polymer concrete fuelling market growth

Polymer concrete is finding increasing industrial applications on account of improved properties such as rapid curing, ability to form complex shapes, and brilliant vibration damping properties. These advantages in applications across the industrial sphere are expected to drive the global polymer concrete market in the near future. For example, there has been an increase in industrial applications of polymer concrete such as in waste containers, pump bases, industrial flooring blocks, chemical containments and trench drains. In Europe, the energy and utilities, chemicals, metallurgy and pulp and paper industries have been extensively using polymer concrete in flooring applications as an effective means to resist chemical attack and prevent corrosive effect of chemicals.

Report Description

In a new report titled ‘Polymer Concrete Market: Global Industry Analysis and Opportunity Assessment 2017–2027,’ Future Market Insights scans the global polymer concrete market over a 10 year forecast period (2017 – 2027) and presents an in-depth analysis of market performance along with the relevant market numbers. The executive summary lists the main drivers, restraints, opportunities and trends in the global polymer concrete market, which are dealt in detail in a separate section of the report. The executive summary also presents the segmental and regional overview of the global polymer concrete market. A brief yet informative Future Market Insights analysis on the overall market approach of the key players operating in the global polymer concrete market is another highlight of the executive summary. The target application type and the target region that are most lucrative in the global polymer concrete market are also listed here. Moreover, the differentiating strategies adopted by key market players are also discussed in the executive summary.

In addition, there is a diagrammatic representation of the various facets of the global polymer concrete market that are classified as being in the introduction phase, growth phase, maturity phase and stagnancy phase. Also, a section in the executive summary lists the opinion of the various market participants regarding the global polymer concrete market, giving the report audience a deep insight into the polymer concrete market in the form of expert opinions. Another section of the report is devoted to the market introduction, which gives the definition of the polymer concrete market and explains the various types of polymer concrete and various applications, giving the report audience a clear view about what this market is all about.

Market Taxonomy

Material Type

Binding Agent

Application

End Use

Region

  • Polyester

  • Vinyl Ester

  • Epoxy Based

  • Others

  • Natural Resin

  • Synthetic Resin

  • Solid Surface Countertops

  • Outdoor Seats and Benches

  • Waste Containers

  • Pump Bases

  • Flooring Blocks

  • Chemical Containments

  • Trench Drains

  • Others

  • Industrial

    • Energy & Utilities

    • Pulp & Paper

    • Chemicals

    • Metallurgy

    • Food Processing

    • Automotive

    • Other Industrial

  • Residential and Municipal

    • Buildings

    • Roadways

    • Pipes and Tunnel Liners

    • Bridges

    • Others

  • Commercial

    • Service Stations

    • Retail Spaces

    • Other Commercial

    • Establishments

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific Excluding Japan

  • Middle East and Africa

  • Japan


After the market taxonomy, there is a section of the report devoted to study the parent market of construction materials and an overview of this market along with pertinent market numbers is given. This is followed by the global polymer concrete market volume analysis, which gives the growth of the market in tons for the forecast period. Thereafter, pricing analysis of the global polymer concrete market is given, which gives the global polymer concrete market price projections per region for the year 2016. Also, value chain analysis of the global polymer concrete market is also given which lists the profitability margin of various entities in the value supply chain of polymer concrete. Cost teardown analysis of polymer concrete is also given in this report. In addition, the manufacturing process of polymer concrete is also mentioned along with a comparison of polymer concrete with conventional concrete. A section of the report is devoted to a detailed study of the market dynamics operating in the global polymer concrete market. The market dynamics in the form of drivers, restraints, opportunities and trends are studied in detail that give a deep insight into the global polymer concrete market. Also, macroeconomic and forecast factors analysis is also given so that the report audience can place in perspective the effect of these market dynamics on the global polymer concrete market. A PEST analysis of the global polymer concrete market lists the important political, economic, social and technological factors affecting the global polymer concrete market. In the subsequent sections of the report, global polymer concrete market analysis and forecast by material type, by binding agent, by application, by end use and by region are given. These important sections of the report contain key market numbers such as segmental Basis Point Share analysis, year-on-year growth projections, absolute dollar opportunity and market attractiveness analysis of the global polymer concrete market.

An entire section of the report is devoted to the competition landscape of the global polymer concrete market. This competition landscape gives a dashboard view of the key companies operating in the global polymer concrete market along with their important information and broad strategies adopted to stay as leaders in the global polymer concrete market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and SWOT analysis is presented. This competition landscape is the most important section of the report as it imparts a deep understanding of the leading companies operating in the global polymer concrete market and is valuable for new entrants in the field to get a learning about how the companies are leading this lucrative market and also for established market players to get a better understanding about their competitors.        

Research Methodology

Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies in the global polymer concrete market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global polymer concrete market.

Polymer Concrete Market Reports - Table of Contents

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