Polymer Concrete Market 2020 – 2025 | Demand, Growth and Future Projections
Category: #headlines  By Rahul Varpe  Date: 2020-07-03
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Polymer Concrete Market 2020 – 2025 | Demand, Growth and Future Projections

Polyester in polymer concrete market is expected to rise at a CAGR over 4% in the coming years. When polyester is added to the concrete, it provides the concrete with compressive strengths up to 3,500-4,500 psi and a high degree of absorption. The polyester concrete material develops an integrated chemical bond to the substrate material that provides improved adhesion properties. Additionally, it offers exceptional resistance to non-fluoride acids including hydrochloric, nitric, phosphoric and sulfuric.

Polymer Concrete Market is forecast to exceed USD 600 million; according to a new research report.

Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/2873           

Propelling use of polymer concrete in the construction industry due to the rising industrialization and urbanization in regions such as Asia Pacific and Middle East is expected to augment the global polymer concrete market during the forecast period. Rise in investments in the emerging nations for the construction of modern buildings and public infrastructures are also surging. For instance, the government of Saudi Arabia is investing heavily on the Jeddah Economic City project, formerly known as Kingdom City, a USD 20 billion construction project which will hold homes, hotels, and office towers in a 2 square mile area. This would also include Jeddah Tower, that is set to be one of the world's tallest structures upon completion. Similarly, various such ongoing and upcoming projects in the emerging nations will positively drive the modified concrete market in the coming years.

Modified concrete market for application in water containers accounts more than 13% of the overall market size in 2017. Polymer concretes are extensively used in the building of various sorts of water containments structures due to its excellent bond strength and water retaining properties. For instance, the US Ministry of Defense is constructing proper water containment facilities in its several military base camps to store the wastewater and reusing it after its treatment. The building of these water containers would need the use of modified concretes extensively that would directly propel the polymer concrete market by 2025.

Market Growth Drivers: -         

  1. Strong government initiatives for constructing bridges, under passes, sewage etc.
  2. Increasing investments for public construction in Asia Pacific

Polymer Concrete Market By Type: -

  1. Epoxy
  2. Acrylate
  3. Polyester
  4. Vinyl
  5. Furan
  6. Latex

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/polymer-concrete-market

Government is presently making regulations under structural reformation plans for the application of large projects to expand the total construction in the area that would positively affect the modified concrete market positively during the forecast period. For instance, the upgradation of Beijing Daxing International airport to make it world’s largest international airport would propel the polymer concrete market size by 2025.

Polymer concrete market for Asia Pacific achieved the maximum revenue that summed up over USD 270 million in 2017. This is due to swift industrial development and urbanization which is primarily due to growing investment leap which are initiating large construction activities in the above region.

Major polymer concrete market competitors accounting for the total industry size include: -

  1. Crown Polymers
  2. ACO Group of Companies
  3. Bouygues S.A.
  4. BASF
  5. Forte Composites Inc
  6. Kwik Bond Polymers
  7. SAUEREISEN
  8. Wacker Chemie AG
  9. Fosroc
  10. ErgonArmor
  11. Mapei
  12. Sika

 

 

 

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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