Global Polymer Concrete Market

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Industry Overview The global polymer concrete market is projected at $2.1 billion in 2017 and is expected to reach $3.4 billion by 2024, at a CAGR of 7.2% during 2018-2024. This market is witnessing significant growth owing to

increasing responsiveness concerning the usage of polymers in concrete as it offers multi-tasking and enhanced performance. Extensive spending on maintenance and repair along with rapid growth in infrastructural and developmental actions in growing economies are the major factors driving the growth of

polymer concrete market globally.

Global Polymer Concrete Market

Growth Drivers The enhanced investment in developmental projects and rapid escalation in repair and maintenance

accomplishments in the civil infrastructure segment is further driving the growth of this market. The construction industry performs significant part in economic development by generating more employment

and efficient allocation of funds. Moreover, the increasing government investments across the world in civil infrastructure projects including railways, roads, water reservoirs, airports, buildings, sewer systems, tunnels, bridges and others are further accentuating the growth of this market.

Global Polymer Concrete Market

Geographic Overview Geographically, Asia Pacific was projected to witness fastest growth and also the largest market for polymer concrete due to its abundant accessibility of labor, prosperous manufacturing segment, economical cost structure and swelling demand from customers are expected to drive the growth of polymer concrete

market in this region by 2024. Additionally, there are certain macroeconomic factors that are further influencing the growth of this market in Asia-Pacific such as increasing disposable income, huge population and essentially the extensive investments undertaken for building & construction accomplishments in this

region is anticipated to make this region one of the most auspicious markets for polymer concrete.

Global Polymer Concrete Market

Competitive Insight Some of the major players operating in the global polymer concrete market are Fosroc International Ltd., Dudick Inc., Forte Composites Inc., Crown Polymers Corporation ACO Severin Ahlmann GmbH & Co. KG,

ErgonArmor, BASF SE, BaseTek, Sauereisen Inc., and Sika AG. Explore Full Report Sample at: https://www.vynzresearch.com/chemicals-materials/polymer-concretemarket

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Global Polymer Concrete Market - Analysis and Forecast (2014 - 2024)