Polymer Concrete Market: Demand Rate with Regional outlook, Applications, Consumer Profiles & Forecast 2030

Posted by Rajkumar on February 23rd, 2023

Polymer concrete uses polymers to replace lime-type cement as a binder. There are several challenges for the polymer/cloth formulations that resulted from their use. The most significant challenge was the reduction of strength and tensile strength due to the loss of structural strength of the polymeric polymer used in the design of the construction material. The polymer composites were tested on two different structures, a floor slab and a block with two slabs stacked upon a wall. The floor slab was constructed from polymers that are designed to resist water, while the blocks have low density. The floor slab exhibited a substantial reduction in load-bearing capacity when compared to the blocks. Furthermore, the floor slab exhibited a significant decrease in both strength and tensile strength compared to the blocks. The structural elements in the floor slab and blocks exhibited a significant increase in strength and tensile strength when compared to the blocks. These results indicate that the polymer/cloth fabric can be incorporated into building structures to increase strength and load-bearing capacity and reduce stresses.

Increasing need for chemical resistant construction material is expected to drive growth of the global polymer concrete market during the forecast period. Polymer concrete can be used in new construction or repairing old concrete. The adhesive properties of this concrete allow repair of both polymer as well as conventional cement-based concretes. The polymer concrete has low permeability and offers corrosive resistance. As a result of this, it can be used in sewer structure, swimming pools, electrolytic cells, drainage channels, and other structures that contain corrosive chemicals or liquids. Furthermore, it can be used in the construction of manholes to withstand toxic and corrosive sewer cases. Hence, these factors are expected to drive growth of the global polymer concrete market during the forecast period. Furthermore, increasing overlay projects in North America is expected to propel the global concrete market growth over the forecast period.

However, lack of awareness regarding the benefits of polymer concrete in emerging economies is expected to restrain growth of the global polymer concrete market during the forecast period. Among regions, North America is expected to witness significant growth in the global polymer concrete market during the forecast period. This is owing to increasing residential construction projects in the region.

Key companies operating in the global polymer concrete market are ACO Group of Companies, ULMA Architectural Solutions, Arizona Polymer Flooring Inc., TPP Manufacturing SDN BHD, BASF SE, Napsco Inc., Dudick Inc., Metrocast Corp., Forte Composites Inc., Kwik Bond Polymers, and Interplastic Corp.

For instance, in January 2018, Innovative Chemical Products (ICP) Group, acquired Arizona Polymer Flooring