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Polymer Concrete Market Sales, Revenue and Market Share by Regions Forecast to 2023
by Deepak Kumar Sr. SEO ExecutiveGlobal polymer concrete market is expected to reach $2,964.0 million by 2023. The growth of the polymer concrete market is mainly driven by the growing investment in civil construction projects, and increase in repair and maintenance activities across the globe.
On the basis of type, the market is segmented into epoxy, polyester, vinyl ester, and others. Epoxy has been the largest category in the polymer concrete market, attributed to its increasing use in construction activities due to its superior properties of high impact strength, high vibration resistance, good bonding with concrete and metal surfaces, and others.
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Of all classes in the polymer concrete market, polymer modified concrete (PMC) has been recording the largest share in the market so far. This can be attributed to the cost advantage it offers over other classes due to low polymer content in it.
On the basis of application, the polymer concrete market is classified into containments and waste containers, pump bases, flooring blocks, trench drains, and others. Trench drain has been the leading application category in terms of size, attributed to the growing need for repairing drainage systems in urban and rural areas worldwide.
Globally, North America has been recording the highest revenue in the polymer concrete market. This is attributed to the increasing use of this concrete in repair and maintenance activities in the region. Instead of demolishing and rebuilding industrial, civil, and other infrastructures, companies and individuals are opting for repair and restoration of infrastructures, which is driving the market growth.
The emergence of polymer concrete reinforced with fibers such as glass, boron, carbon, natural fibers, and others is a growth opportunity for the market. These fibers are added to improve the concrete’s properties, such as fracture resistance. Fiber-reinforced polymer composites are used in various types of engineering structures including aircrafts, helicopters, offshore platforms, and others.
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Some of the major players operating in the polymer concrete industry are Forte Composites Inc., ACO Severin Ahlmann GmbH & Co. KG, Fosroc International Ltd., Sauereisen Inc., Dudick Inc., ErgonArmor, BaseTek, Crown Polymers Corporation, BASF SE, and Sika AG.
GLOBAL POLYMER CONCRETE MARKET SEGMENTATION
By Type
- Epoxy
- Polyester
- Vinyl Ester
- Others
By Class
- PMC
- PRC
- PIC
By Application
- Containments and Waste Containers
- Pump Bases
- Flooring Blocks
- Trench Drains
- Others
By End User
- Civil Infrastructures
- Non-Residential Structures
- Residential Structures
By Region
- North America
- U.S.
- Canada
- Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
- Middle East and Africa (MEA)
- U.A.E.
- Saudi Arabia
- Rest of MEA
- Europe
- Germany
- Italy
- France
- U.K.
- Russia
- Rest of Europe
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of LATAM
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About Deepak Kumar 
Sr. SEO Executive
133 connections, 0 recommendations, 367 honor points.Joined APSense since, May 30th, 2017, From New York, United States.
Created on Mar 7th 2019 02:40. Viewed 381 times.
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