Global Polymer Concrete Market 2019-2023
About Polymer Concrete
Polymer concrete is composite made of synthetic organic polymer functioning as a binder.
Technavio’s analysts forecast the global polymer concrete market to grow at a CAGR of 6.67% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global polymer concrete market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of polymer concrete in different type
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Polymer Concrete Market 2019-2023
Technavio recognizes the following companies as the key players in the global polymer concrete market: ACO Severin Ahlmann, BaseTek, Kwik Bond Polymers, Sauereisen, Sika.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing adoption of fiber reinforced polymer concrete. The developments of new advanced forms of fiber reinforced polymer concrete materials are expected to improve the market growth.
According to the report, one of the major drivers for this market is the increasing demand for chemical- resistant construction materials. Polymer resins are also hydrophobic which provides the required chemicals resistance of the structures in hostile environment.
Further, the report states that one of the major factors hindering the growth of this market is the high cost of polymer concrete. Polymer concrete is non- applicable in cases where a large amount of concrete is needed such as foundations, sidewalks which is expected to restrict its market growth.
ACO Severin Ahlmann
Kwik Bond Polymers
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