According to ChemAnalyst report, “Global Polymer concrete Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global polymer concrete market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 6.54% during the forecast period.
Polymer concrete is a composite material that is made by combining an aggregate, such as sand or gravel, with a polymer binder. The result is a material that has high strength, durability, and resistance to chemical and environmental degradation. Polymer concrete has a wide range of applications, from building infrastructure to creating high-performance products.

The growing demand for polymer concrete is attributed to its numerous benefits over traditional materials such as asphalt, concrete, and steel. Polymer concrete is stronger and more durable than traditional materials, making it ideal for use in harsh environments such as chemical plants, wastewater treatment facilities, and coastal structures. It also has excellent resistance to abrasion, impact, and chemical attack, which makes it an ideal choice for industrial flooring and wall cladding.

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Another factor driving the growth of the polymer concrete market is the increasing focus on sustainable construction practices. Polymer concrete is a more sustainable option than traditional materials, as it requires less energy to produce and has a longer lifespan, reducing the need for frequent repairs and replacements. Additionally, it is a recyclable material that can be used in other applications at the end of its life cycle.

The polymer concrete market is segmented based on application, type, and region. Based on application, the market is segmented into industrial tanks & containment, trench drains, pump bases, marine works, and others. The industrial tanks & containment segment is expected to hold the largest share of the market, owing to the growing demand for corrosion-resistant and durable tanks and containment structures in various industries.

Based on type, the market is segmented into epoxy, polyester, vinyl ester, and others. The epoxy segment is expected to hold the largest share of the market, owing to its excellent mechanical properties, high adhesion, and resistance to chemicals and abrasion.

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Major players for polymer concrete globally include Aco Funki A/S, ULMA Architectural Solutions, Arizona Polymer Flooring Inc., TPP Manufacturing SDN BHD, BASF SE, Polycare, Dudick Inc., Metro Cast Corporation, Forte Composites Inc., Kwik Bond Polymers, Interplastic Corporation.
Geographically, the polymer concrete market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to hold the largest share of the market, owing to the growing demand for polymer concrete in various end-use industries such as construction, industrial, and infrastructure.

In conclusion, the polymer concrete market is expected to grow significantly in the coming years, driven by the increasing demand for durable and high-performance materials in various end-use industries. The market is highly competitive, with several players focusing on developing innovative products to meet the growing demand.

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