Polymer Concrete Market to See 3.5%+ CAGR to 2025 | Bouygues Construction, Wacker Chemie, Fosroc, Sika, MAPEI USA and 7 Other Companies Profiled
According to new growth analysis report by Global Market Insights, Inc., Polymer concrete market for containments will witness growth at a CAGR of over 4% in the forecast period owing to rising concerns for pollution, safe environment and proper sewage are requiring concrete containments.
SELBYVILLE, Del., Oct. 10, 2018 /PRNewswire-PRWeb/ -- Latex segment in polymer concrete market to witness a CAGR of over 2.5% up to 2025. Latex are another important polymer that is mixed in PIC. Latex holds the maximum adhesion properties than any other aforementioned polymers. The latex and concrete mixture develops higher bonding power, higher strength, improved resistance to chloride penetration or any other chemical attacks.
The report predicts polymer concrete market demand is forecast to cross USD 600 million by 2025. Strong growth in construction activities in the emerging economies owing to the improved per capita income of the customers and rising urbanization will positively drive the polymer concrete market in the projected timeframe. Propelling infrastructure construction in Asia Pacific and MEA is continuously on the rise due to the increased government spending.
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Polymer impregnated concrete (PIC) accounted close to 15% of the overall market size in 2017. PIC generally contains acrylates replacing the cement. These acrylates improve the strength and durability of hardened concrete, increases its impermeability & chemical resistance and improves its bond characteristics.
Polymer concrete market size for application in flooring blocks is registers more than 20% of the total industry size in 2017. Flooring blocks are cost competitive and the most popular form of flooring process, this procedure of flooring offers low cost and saves a lot of time. Polymer concretes in flooring blocks makes it swift and cost effective without the need for any expensive plant or specialist skilled labor. Many countries in Middle East are investing heavily on high end buildings and public infrastructures that are requiring polymer concrete flooring blocks for high strength and low-cost flooring which will increase the polymer concrete market size copiously in the forecast timeperiod.
Top key players mentioned in this polymer concrete market research include:
BASF
Bouygues Construction
Wacker Chemie
Fosroc
Sika
MAPEI
Forte Composites Inc
ACO Group
Kwik Bond Polymers
Sauereisen, Inc.
ErgonArmor
Crown Polymers Corp.
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Middle East & Africa polymer concrete market size is likely to grow at a CAGR of over 3.5% by 2025. Government in the region is making substantial investments to improve their complete infrastructure. For instance, the construction spending by the government in the region registers around 67%. These are high end infrastructural projects worth over USD 1 billion which instead will surge the polymer concrete market size in the projected timeframe. Also, growing public-private partnership ventures are expected to profuse the investments for the regional construction industry in the expected timespan.
The robust shift in the focus of building developers toward constructing eco-friendly infrastructure over the last few years will push the use of polymer concrete on a large scale. The stand taken by regional governments to improve the economy with considerable investments in roads, buildings, bridges, and renovation of old monuments is also poised to fuel polymer concrete industry trends significantly.
Browse key Polymer Concrete Market insights from the 2018 report spread across 374 pages offering 441 market data tables as well as 21 figures & charts along with the table of contents:
https://www.gminsights.com/industry-analysis/polymer-concrete-market
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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