Asia Pacific Polymer Concrete Market Overview
Asia-Pacific polymer concrete market is expected to register healthy growth during the forecast period. Polymer concrete is a compound, which is a product of polymerization of a monomer/aggregate mixture. The polymerized monomer acts as binder for aggregates, and the resulting composite. Anticipated growth in the region’s polymer concrete market is expected to be driven by factors such as growing demand for chemical-resistant construction materials and rising awareness about eco-friendly concrete, in addition to polymer concrete’s better mechanical properties and shorter installation time. Moreover, substitution of traditional concrete is likely to offer opportunities to players operating in the market.
Asia-Pacific Polymer Concrete Market Segmentation
Asia-Pacific Polymer Concrete Regional Segmentation
Polymer concrete market in the region has been segmented into China, India, Malaysia, Singapore, Vietnam and Australia. Notably, the region’s thriving manufacturing sector, abundant availability of labor and growing consumer demand is expected to drive the market for polymer concrete across the region. Furthermore, influence of macroeconomic factors such as population growth, increasing disposable income and growing investments in construction activities in Southeast Asian countries would drive the region’s polymer concrete market.
Growing Need for Chemical-Resistant Construction Materials
Concrete structures are generally exposed to corrosive environments, which usually result in damage of the structure. However, use of polymeric materials in concrete proves to subvert this issue, owing to their durability and high strength. In addition, use of various types of resins, like epoxy and polyester-styrene, offers the required chemical resistance to the concrete structures in hostile environments.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020–2024
Objective of the Study
- To analyze and
forecast Asia-Pacific polymer concrete market size.
- To forecast Asia-Pacific
polymer concrete market based on type, class, binding agent, application,
end user industry and regional distribution.
- To identify drivers
and challenges for Asia-Pacific polymer concrete market.
- To examine competitive
developments such as expansions, new product launches, mergers & acquisitions,
etc., in Asia-Pacific polymer concrete market.
- To conduct the pricing
analysis for polymer concrete market.
- To identify and analyze
the profile of leading players involved in the manufacturing of polymer
concrete.
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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 leading manufacturers across the globe. 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 product offerings, distribution channels and presence of all major players operating in Asia-Pacific
Market Insights Research calculated Asia-Pacific
Key Target Audience
- Polymer
concrete manufacturers and suppliers
- Government
and other regulatory bodies
- Trade
Associations, 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 industry stakeholders such as manufacturers, partners and end users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.