Global Polymer Concrete Market By Material, By Building Agents, By Geography — Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2019–2026

The Global Polymer Concrete Market is valued to reach USD 642.0 million by 2022, exhibiting a CAGR of 7.4% during 2020–2026. Key driving factors include growing use of polymeric material for repair and maintenance in infrastructure sector, increase in awareness about the high performance of polymer concretes and growing demand for chemical resistant construction materials.

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A polymer concrete is an ordinary cement with liquid or vaporous compound using a catalytic method. This is supplemented with drying the concrete at a very high temperature followed by absorption process within the limited pressure. Polymer concrete is classified into three sectors namely, polymer impregnated concrete, polymer concrete cement and polymer concrete. The major advantages offered are high impact resistance towards corrosion and abrasion. Low permeability over other concrete. Various applications include nuclear power plants, precast material for bridge decks and marine works.

Additionally, the depletion in natural resources and conservation of energy and materials has driven a high interest in pursuit of alternatives by the cement manufacturers. As polymers possess a large range of materials comprising small molecules which can be linked together to form long chains, called as macromolecules. A normal polymer includes an enormous quantity of monomers owing to their large size categorized as macromolecules. As there is a significant progress in the fundamental research, every aspect depends on the tensile strength. The deformation features of polymer concrete within different shades of loading is comparatively higher. From the production aspect, the polymer cement concrete includes the introduction of chemicals contained by the concrete and polymerization via radiation or thermo-catalytic methods in order to enhance physical and mechanical properties. The sole purpose of impregnated concrete is effectively used in the repair of hydraulic structures. Therefore, the use of polymer Portland cement concrete is highly economical owing to use of core materials for the construction process and are much effective for hydro technical structures.

Polymer Concrete Market Trends, Drivers and Opportunities:

Polymer concrete market is significantly driven by developments in the manufacturing and chemical industry. Increasing awareness pertaining to eco-friendly initiatives adopted by manufacturers which in turn strengthens the recycling process. Moreover, market opportunities are likely to exist due to change in consumer preference for aesthetic features, reasonable pricing and assured results. On contrary, the market is likely to witness restraints such as high price and lack of awareness.