United States Polymer Concrete Market to Grow at a Steady Rate until 2025

According to TechSci Research report, “United States Polymer Concrete Market By Type (Epoxy, Methyl Methacrylate, Polyester and Others), By Component (Polymer, Portland Cements, Aggregates, Colorants, Others), By Class (Polymer Modified Concrete, Polymer Impregnated Concrete and Polymer Resin Concrete), By Binding Agent (Natural Resin and Synthetic Resin), By Application (Containments, Pump Bases, Waste Containers, Flooring Blocks, Trench Drains and Others), By End User (Non-Residential Structures, Residential Structures and Civil Infrastructure), By Region, Forecast & Opportunities, 2025”, the United States polymer concrete market is expected to grow at a steady rate during the forecast period. Concrete structures are generally exposed to corrosive environments, which usually result in damage to the structure. However, use of polymeric materials in concrete proves to subvert this issue, owing to their durability and high strength. This is estimated to drive the market growth during the forecast period. Additionally, better mechanical properties and shorter installation time are also expected to boost the popularity of polymer concrete across the country. Moreover, the use of various types of resins, such as epoxy and polyester-styrene, provides the required chemical resistance to concrete structures in hostile environments, which is further estimated to aid the growth of US polymer concrete market over the coming years. However, the factor that might act as major impediment to the growth of US polymer concrete market during the forecast period is high cost of polymer concrete.

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The United States polymer concrete market is segmented based on type, class, binding agent, application, end user, component, company and region. Based of class, the market is fragmented into polymer modified concrete, polymer impregnated concrete and polymer resin concrete. Out of these, the polymer modified concrete segment dominated the market until 2019 and is projected to maintain its dominance in the market during the forecast period as well. This is mainly due to the fact that polymer modified concrete is generally less expensive when compared to polymer concrete and are frequently used in restoration work when construction time is limited. Also, polymer modified concrete is required in less quantity, which is further expected to propel the growth of the segment over the coming years. In terms of end user, the market is segregated into non-residential structures, residential structures, and civil infrastructure. Out of these, the infrastructure segment is expected to dominate the market in the coming years, on account of rising use of polymer concrete in repair & maintenance activities coupled with increase in building & construction operations to support the growing industrialization.

Forte Composites Inc, ACO Polymer, Bouygues, Wacker Chemical Corporation, Kwik Bond Polymers, Sika Corporation, Sauereisen, Inc., ErgonArmor, Crown Polymers Corp and others are some of the leading players operating in United States polymer concrete market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their market share and increase their geographic reach.

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“The United States polymer concrete market is expected to grow at a steady pace during the forecast period. Based on application, the US polymer concrete market is fragmented into containments, pump bases, waste containers, flooring blocks, trench drains and others. The containments segment is expected to grow at a high CAGR in the coming years. This growth is accredited to rising concerns for pollution, safe environment and proper sewage which requires concrete containments, which is expected to directly augment the segment growth in the near future. ” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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