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Polymer Concrete Market Trends

Report ID: GMI2873
Published Date: Aug 2023
Report Format: PDF

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Polymer Concrete Market Trends

The escalating demand for sustainable construction materials is another factor driving the market growth. The surging environmental concerns has pushed the construction industry to seek alternatives that offer both performance and eco-friendliness. Polymer concrete not only minimizes material waste and energy consumption over time, but also aligns with sustainable practices, subsequently decreasing the frequency of repairs and replacements. The growing focus of market participants on investing in R&D and focusing on delivering novel solutions will also add to the market growth.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of polymer concrete is poised to witness over 7.8% CAGR from 2024 to 2032, attributed to the rapid urbanization and the booming construction sector primarily across the APAC.

Polymer-modified concrete market is anticipated to register around 3.5% growth rate from 2023 to 2032, owing to widespread application in infrastructure projects that require superior durability.

Asia Pacific polymer concrete market is set to expand at notable CAGR from 2023 to 2032, driven by the presence of robust construction sector coupled with the rising investments in transportation, electricity, and water management.

Some of the top companies operating in the polymer concrete market are BASF, Fosroc, Sika, ErgonArmor, Bouygues S.A., Forte Composites Inc, ACO Group of Companies, Kwik Bond Polymers, Wacker Chemie AG, SAUEREISEN, Mapei and Crown Polymers.