Polymer Concrete Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Polymer Concrete Market
The polymer concrete market size was valued at USD 655.6 million in 2023, and the market is now projected to grow from USD 686.1 million in 2024 to USD 1,010.4 million by 2032, exhibiting a CAGR of 5.0% during the forecast period of 2024-2032.
The initial COVID-19 outbreak led a decline in creation initiatives because of lockdowns, tour regulations, and monetary uncertainties, in conjunction with deliver chain disruptions and exertions shortages. However, the marketplace is predicted to recover, driven through ongoing infrastructure tasks, technological advancements, and improved reputation of construction enterprise advantages. Improvements in logistics and deliver chain control also are anticipated to guide this restoration. Enhanced government initiatives and investments in infrastructure are possibly to play a critical function. Overall, the construction enterprise is on a direction to rebound and grow.
The construction enterprise's growing focus on environmentally pleasant and energy-efficient materials is using demand for polymer concrete. This fabric offers sustainability benefits inclusive of recyclability, a decrease carbon footprint, and an extended lifespan. Its sturdiness, resistance to corrosion, and enhanced mechanical properties increase its recognition. As infrastructure projects enlarge, the want for excessive-overall performance substances that endure severe climate and offer long-term solutions is growing, further boosting the demand for polymer concrete.
The increasing demand for long lasting construction materials is creating enormous market possibilities. Government and personal region investments in infrastructure projects are using the want for long-lasting materials. With its high resistance to corrosion, weathering, and chemical substances, this product is right for infrastructure which includes roads, bridges, and tunnels. This fashion highlights the importance of materials that ensure toughness and reliability in creation.
Comprehensive Analysis of Polymer Concrete Market
The polymer concrete market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type analysis, by application analysis, by end-use analysis. By type analysis include, polymer impregnated concrete, polymer cement concrete, and polymer resin concrete. By application analysis include, flooring blocks, containments, pump bases, waste containers, and others. By end-use analysis include,residential, commercial, industrial, and infrastructure (roadways, bridges, and others).
The Aisa Pacific region lead the polymer concrete market share by benefitting a market size of USD 286.4 million in 2023 due to rapid urbanization, population expansion, and increasing investments.
The top players in the market play an important role in the industry assuring market expansion and setting market level. These players include, Interplastic Corporation (U.S.), Dudick Inc. (U.S.), Forté Composites (U.S.), ULMA Architectural Solutions (Spain), BASF SE (Germany), Carborundum Universal Limited (CUMI) (India), Lidco Building Technologies (India), Kwik Bond Polymers (U.S.), ErgonArmor (U.S.), TPP Manufacturing Sdn Bhd (Malaysia), these market players provide a level-playing competitive landscape.
In April 2022, Tnemec Company, Inc. acquired the LavaCrete brand of high-performance polymer concretes from ProPolymer Coatings, expanding its product portfolio.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Unit Value (USD Million) and Volume (Kilo Tons)
Growth Rate CAGR of 5.0% during 2024-2032
Segmentation By Type
Polymer Impregnated Concrete
Polymer Cement Concrete
Polymer Resin Concrete
By Application
Flooring Blocks
Containments
Pump Bases
Waste Containers
Others
By End-Use
Residential
Commercial
Industrial
Infrastructure
- Roadways
- Bridges
- Others
By Region
North America (By Type, By Application, By End-Use, By Country)
- U.S. (By Application)
- Canada (By Application)
Europe (By Type, By Application, By End-Use, By Country)
- Germany (By Application)
- France (By Application)
- Italy (By Application)
- Spain (By Application)
- Rest of Europe (By Application)
Asia Pacific (By Type, By Application, By End-Use, By Country)
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (By Application)
- Rest of Asia Pacific (By Application)
Latin America (By Type, By Application, By End-Use, By Country)
- Brazil (By Application)
- Mexico (By Application)
- Rest of Latin America (By Application)
Middle East & Africa (By Type, By Application, By End-Use, By Country)
- Saudi Arabia (By Application)
- South Africa (By Application)
- Rest of Middle East & Africa (By Application)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments –Mergers, Acquisitions and Partnerships
- 4.2. Porters Five Forces Analysis
- 4.3. Technological Development
- 4.4. Impact of Covid-19
- 4.5. Electric Vehicle (EV) Battery Housing Supplier Outlook
- 5. Global Electric Vehicle (EV) Battery Housing Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definitions
- 5.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.2.1. Passenger Car
- 5.2.2. Commercial Vehicle
- 5.3. Market Analysis, Insights and Forecast – By Material
- 5.3.1. Steel
- 5.3.2. Aluminum
- 5.3.3. Others (Carbon Fiber & Carbon Glass)
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia pacific
- 5.4.4. Rest of the world
- 6. North America Electric Vehicle (EV) Battery Housing Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.1.1. Passenger Car
- 6.1.2. Commercial Vehicle
- 6.2. Market Analysis, Insights and Forecast – By Material
- 6.2.1. Steel
- 6.2.2. Aluminum
- 6.2.3. Others (Carbon Fiber & Carbon Glass)
- 6.3. Market Analysis – By Country
- 6.3.1. The U.S.
- 6.3.1.1. By Vehicle Type
- 6.3.2. Canada
- 6.3.2.1. By Vehicle Type
- 6.3.3. Mexico
- 6.3.3.1. By Vehicle Type
- 7. Europe Electric Vehicle (EV) Battery Housing Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.1.1. Passenger Car
- 7.1.2. Commercial Vehicle
- 7.2. Market Analysis, Insights and Forecast – By Material
- 7.2.1. Steel
- 7.2.2. Aluminum
- 7.2.3. Others (Carbon Fiber & Carbon Glass)
- 7.3. Market Analysis – By Country
- 7.3.1. The U.K
- 7.3.1.1. Vehicle Type
- 7.3.2. Germany
- 7.3.2.1. Vehicle Type
- 7.3.3. France
- 7.3.3.1. Vehicle Type
- 7.3.4. Rest of Europe
- 7.3.4.1. Vehicle Type
- 8. Asia Pacific Electric Vehicle (EV) Battery Housing Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.1.1. Passenger Car
- 8.1.2. Commercial Vehicle
- 8.2. Market Analysis, Insights and Forecast – By Material
- 8.2.1. Steel
- 8.2.2. Aluminum
- 8.2.3. Others (Carbon Fiber & Carbon Glass)
- 8.3. Market Analysis – By Country
- 8.3.1. China
- 8.3.1.1. Vehicle Type
- 8.3.2. India
- 8.3.2.1. Vehicle Type
- 8.3.3. Japan
- 8.3.3.1. Vehicle Type
- 8.3.4. Rest of Asia Pacific
- 8.3.4.1. Vehicle Type
- 9. Rest of the World Electric Vehicle (EV) Battery Housing Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.1.1. Passenger Car
- 9.1.2. Commercial Vehicle
- 9.2. Market Analysis, Insights and Forecast – By Material
- 9.2.1. Steel
- 9.2.2. Aluminum
- 9.2.3. Others (Carbon Fiber & Carbon Glass)
- 10. Competitive Analysis
- 10.1. Key Industry Development
- 10.2. Global Market Ranking Analysis (2023)
- 10.3. Competition Dashboard
- 10.4. Comparative Analysis – Major Players
- 10.5. Company Profiles
- 10.5.1. SGL Carbon (Germany)
- 10.5.1.1. Overview
- 10.5.1.2. Products & Services
- 10.5.1.3. SWOT Analysis
- 10.5.1.4. Recent Developments
- 10.5.1.5. Strategies
- 10.5.1.6. Financials (Based on Availability)
- 10.5.2. Nemak, S.A.B. de C.V. (Mexico)
- 10.5.2.1. Overview
- 10.5.2.2. Products & Services
- 10.5.2.3. SWOT Analysis
- 10.5.2.4. Recent Developments
- 10.5.2.5. Strategies
- 10.5.2.6. Financials (Based on Availability)
- 10.5.3. Novelis Inc. (U.S.)
- 10.5.3.1. Overview
- 10.5.3.2. Products & Services
- 10.5.3.3. SWOT Analysis
- 10.5.3.4. Recent Developments
- 10.5.3.5. Strategies
- 10.5.3.6. Financials (Based on Availability)
- 10.5.4. Gestamp Automocion, S.A. (Spain)
- 10.5.4.1. Overview
- 10.5.4.2. Products & Services
- 10.5.4.3. SWOT Analysis
- 10.5.4.4. Recent Developments
- 10.5.4.5. Strategies
- 10.5.4.6. Financials (Based on Availability)
- 10.5.5. Constellium SE (France)
- 10.5.5.1. Overview
- 10.5.5.2. Products & Services
- 10.5.5.3. SWOT Analysis
- 10.5.5.4. Recent Developments
- 10.5.5.5. Strategies
- 10.5.5.6. Financials (Based on Availability)
- 10.5.6. Hanwha Solutions Advanced Materials (South Korea)
- 10.5.6.1. Overview
- 10.5.6.2. Products & Services
- 10.5.6.3. SWOT Analysis
- 10.5.6.4. Recent Developments
- 10.5.6.5. Strategies
- 10.5.6.6. Financials (Based on Availability)
- 10.5.7. UACJ Corporation (Japan)
- 10.5.7.1. Overview
- 10.5.7.2. Products & Services
- 10.5.7.3. SWOT Analysis
- 10.5.7.4. Recent Developments
- 10.5.7.5. Strategies
- 10.5.7.6. Financials (Based on Availability)
- 10.5.8. GF Linamar LLC (U.S.)
- 10.5.8.1. Overview
- 10.5.8.2. Products & Services
- 10.5.8.3. SWOT Analysis
- 10.5.8.4. Recent Developments
- 10.5.8.5. Strategies
- 10.5.8.6. Financials (Based on Availability)
- 10.5.9. ThyssenKrupp AG (Germany)
- 10.5.9.1. Overview
- 10.5.9.2. Products & Services
- 10.5.9.3. SWOT Analysis
- 10.5.9.4. Recent Developments
- 10.5.9.5. Strategies
- 10.5.9.6. Financials (Based on Availability)
- 10.5.10. Minth Group (China)
- 10.5.10.1. Overview
- 10.5.10.2. Products & Services
- 10.5.10.3. SWOT Analysis
- 10.5.10.4. Recent Developments
- 10.5.10.5. Strategies
- 10.5.10.6. Financials (Based on Availability)
- 10.5.11. Magna International Inc. (Canada)
- 10.5.11.1. Overview
- 10.5.11.2. Products & Services
- 10.5.11.3. SWOT Analysis
- 10.5.11.4. Recent Developments
- 10.5.11.5. Strategies
- 10.5.11.6. Financials (Based on Availability)
- 10.5.12. TRB Lightweight (U.K.)
- 10.5.12.1. Overview
- 10.5.12.2. Products & Services
- 10.5.12.3. SWOT Analysis
- 10.5.12.4. Recent Developments
- 10.5.12.5. Strategies
- 10.5.12.6. Financials (Based on Availability)
- 10.5.13. Hitachi Metals, Ltd. (Japan)
- 10.5.13.1. Overview
- 10.5.13.2. Products & Services
- 10.5.13.3. SWOT Analysis
- 10.5.13.4. Recent Developments
- 10.5.13.5. Strategies
- 10.5.13.6. Financials (Based on Availability)
- 10.5.14. Norsk Hydro ASA (Norway)
- 10.5.14.1. Overview
- 10.5.14.2. Products & Services
- 10.5.14.3. SWOT Analysis
- 10.5.14.4. Recent Developments
- 10.5.14.5. Strategies
- 10.5.14.6. Financials (Based on Availability)
- 10.5.15. Kautex Textron GmbH & Co. KG (Germany)
- 10.5.15.1. Overview
- 10.5.15.2. Products & Services
- 10.5.15.3. SWOT Analysis
- 10.5.15.4. Recent Developments
- 10.5.15.5. Strategies
- 10.5.15.6. Financials (Based on Availability)
- 10.5.16. Saudi Basic Industries Corporation (SABIC) (Saudi Arabia)
- 10.5.16.1. Overview
- 10.5.16.2. Products & Services
- 10.5.16.3. SWOT Analysis
- 10.5.16.4. Recent Developments
- 10.5.16.5. Strategies
- 10.5.16.6. Financials (Based on Availability)
- 10.5.17. Teijin Limited (Japan)
- 10.5.17.1. Overview
- 10.5.17.2. Products & Services
- 10.5.17.3. SWOT Analysis
- 10.5.17.4. Recent Developments
- 10.5.17.5. Strategies
- 10.5.17.6. Financials (Based on Availability)
- 10.5.18. LANXESS (Germany)
- 10.5.18.1. Overview
- 10.5.18.2. Products & Services
- 10.5.18.3. SWOT Analysis
- 10.5.18.4. Recent Developments
- 10.5.18.5. Strategies
- 10.5.18.6. Financials (Based on Availability)
- 10.5.19. Evonik Industries AG (Germany)
- 10.5.19.1. Overview
- 10.5.19.2. Products & Services
- 10.5.19.3. SWOT Analysis
- 10.5.19.4. Recent Developments
- 10.5.19.5. Strategies
- 10.5.19.6. Financials (Based on Availability)
- 10.5.20. Covestro AG (Germany)
- 10.5.20.1. Overview
- 10.5.20.2. Products & Services
- 10.5.20.3. SWOT Analysis
- 10.5.20.4. Recent Developments
- 10.5.20.5. Strategies
- 10.5.20.6. Financials (Based on Availability)
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