United States polymer concrete market is expected to grow at a steady rate during the forecast period. The United States polymer concrete market is driven by surging awareness pertaining to the use of eco-friendly concrete. High use of polymers in concrete owing to it high performance, is expected to spur the market growth over the next 5 years. Additionally, rapidly expanding infrastructure and growing construction activities in the country, is further bolstering the market growth. However, the construction industry that was once booming due to the residential and commercial construction in the U.S., has been affected by the suspension of the construction activities across severely impacted economies. The construction industry in the U.S. is expected to take a major hit due to labor shortages and the lockdown imposed by the government during COVID-19 outbreak, which in turn is negatively impacting the US polymer concrete market.
The United States polymer concrete market is segmented based on type, class, binding agent, application, end user, company and region. Based on type, US polymer concrete market has been segmented into epoxy, methyl methacrylate, polyester, and others. Among these, epoxy segment dominated the market until 2019 and is anticipated to be the largest segment in US polymer concrete market during the forecast period as well. This high growth can be attributed to the benefit it offers such as high resistivity to chemicals, great adhesion and creep resistance. In addition to this, epoxy is used for wide applications including skid-resistant overlays in highways, industrial flooring, exterior walls and resurfacing materials for deteriorated areas to provide superior finishing. This is further expected to contributing to the growth of segment over the coming years.
Major players operating in the United States polymer concrete market include Forte Composites Inc, ACO Polymer, Bouygues, Wacker Chemical Corporation, Kwik Bond Polymers, Sika Corporation, Sauereisen, Inc., ErgonArmor, Crown Polymers Corp. and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements, new product developments in order to expand their geographic reach and to increase their customer bases.
Years considered for this report
Historical Years2015-2018
Base Year2019
Estimated Year2020
Forecast Period2021–2025
Objective of the Study
- To analyze and estimate the market size of United
States polymer concrete market from 2015 to 2018.
- To estimate and forecast the market size of United
States polymer concrete market from 2019 to 2025 and growth rate until
2025.
- To classify and forecast United States polymer
concrete market based on type, class, binding agent, application, end user,
company and regional distribution.
- To identify dominant region or segment in the United
States polymer concrete market.
- To identify drivers and challenges for United
States polymer concrete market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in United
States polymer concrete market.
- To identify and analyze the profile of leading
players operating in United States polymer concrete market.
- To identify key sustainable strategies adopted
by market players in United States polymer concrete market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the country. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers and presence of all major players across the region.
Market Insights Research calculated the market size of
Key Target Audience
- Polymer concrete manufacturers,
suppliers, distributors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to polymer concrete
- Market research and
consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
