1. What is the projected Compound Annual Growth Rate (CAGR) of the US Polymer Concrete Market?
The projected CAGR is approximately 4.5%.
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US Polymer Concrete MarketUS Polymer Concrete Market by Type (Polymer Impregnated Concrete, Polymer Cement Concrete, Polymer Resin Concrete), by End-Use (Residential, Commercial, Industrial, Infrastructure), by Forecast 2025-2033
The US Polymer Concrete Market size was valued at USD 100.0 USD Million in 2023 and is projected to reach USD 136.09 USD Million by 2032, exhibiting a CAGR of 4.5 % during the forecast period. Polymer concrete, a composite material, refers to the incorporation of polymer resin instead of traditional cement aggregates. It has a unique chemical structure that prolongs its life cycle, resists corrosion, and provides the much-needed strength that conforms to a variety of uses. Two primary types exist: As previously discussed, polymer-modified concrete (PMC) and polymer-impregnated concrete (PIC). PMC modifies polymer additives to the rigid conventional concrete mix enhancing its properties whereas, PIC enlarges polymers into the concrete structures to enhance the structure's strength. Polymer concrete is widely used in diverse structures such as Bridge decks, Industrial floors, and marine applications since it is practically airtight. These make it one of the most durable and able to resist chemical attacks and other unfriendly conditions such as those found in sewage systems, wastewater treatment plants etc. The ability to be handled with ease and installed also means that the material is lighter, and this affords the construction industry the advantage of faster to constructing more structures in less time hence saving money.
Type:
End-Use:
November 2023:
May 2019:
Regional Insight
Consumer Side Analysis
Demand Side Analysis
Import and Export Analysis
Pricing Strategies
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 4.5% from 2019-2033 |
| Segmentation |
|
Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 4.5%.
Key companies in the market include Interplastic Corporation (U.S.), Kwik Bond Polymers (U.S.), Dudick Inc. (U.S.), Forté Composites (U.S.), ErgonArmor (U.S.), Solvay (Belgium), BASF SE (Germany), Wacker Chemie AG (Germany), SIKA AG (Switzerland), ULMA Architectural Solutions (Spain).
The market segments include Type, End-Use.
The market size is estimated to be USD 100.0 USD Million as of 2022.
Increasing Product Demand from Sustainable Construction Practices to Boost Market Growth.
Surging Interest in Polymer Concrete in Rehabilitation Initiatives to Serve as a Market Trend.
Cost Barriers and Awareness Gaps May Hamper Product Demand. Hindering Market Growth.
November 2023: Sika AG expanded concrete admixtures production capacity in the U.S. Polymers that act as a chemical building block are used to manufacture Sika ViscoCrete, resource saving and high-performance concrete admixture. The company expanded in response to growing demand for concrete admixture in the U.S. and Canada.
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The market size is provided in terms of value, measured in USD Million and volume, measured in Kiloton.
Yes, the market keyword associated with the report is "US Polymer Concrete Market," which aids in identifying and referencing the specific market segment covered.
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