Status : Published Published On : Dec, 2023 Report Code : VRCH2003 Industry : Chemicals & Materials Available Format : Page : 180
2025
2030

Global Polymer Concrete Market –Analysis and Forecast (2025–2030)

Industry Insights by Class (Polymer Modified Concrete, Polymer Resin Concrete and Polymer Impregnated Concrete), by Type (Epoxy, Polyester, Vinyl and Others), by Application (Containments and Waste Containments, Pump Bases, Trench Drain, Flooring Blocks and Others), by End-User (Civil Infrastructure, Non-Residential Structure and Residential Structure)

Industry Overview

The global Polymer Concrete Market is projected at $3.1 billion in 2023 and is expected to reach $6.4 billion by 2030, at a CAGR of 7.2% during 2025-2030. This market is witnessing significant growth owing to increasing responsiveness concerning the usage of polymers in concrete as it offers multi-tasking and enhanced performance. Extensive spending on maintenance and repair along with rapid growth in infrastructural and developmental actions in growing economies are the major factors driving the growth of the polymer concrete market globally.

Polymer Concrete Market

Market Segmentation

Insight by Class

The global polymer concrete market on the basis of class is segmented as polymer-modified concrete, polymer resin concrete, and polymer-impregnated concrete. Amongst these classes, polymer-modified concrete has been observing the largest revenue throughout the estimation period. The rapid increase of this segment is attributed to enhanced usage of polymer modified concrete in several applications such as the treatment of cracks and joints in surfaces of concrete, anti-corrosion, protection of old concrete, and repair works and is also persuading the largest share in the global polymer concrete market.

Insight by Type

On the basis of type, the polymer concrete market is segmented into epoxy, polyester, vinyl, and others (phenolic-formaldehyde, acetone-formaldehyde, and carbamide). Among all the types of polymer concrete, epoxy was estimated to be the largest segment in 2018 owing to its several enhanced features such as greater heat resistance; enhanced flexibility, and chalking propensity in outdoor acquaintance have accelerated the demand for polymer concrete across the globe. Moreover, these features of Epoxy are further expected to exaggerate the growth of this market in the near future.

Insight by Application

On the basis of application, the polymer concrete market is classified into containments and waste containments, pump bases, trench drains, flooring blocks, and others. Among these segments, in 2017 trench drain held the largest revenue with more than 26.0% share of revenue. The increasing growth of polymer concrete is attributed to the development of effective and efficient drainage systems that help in fulfilling the needs of a huge growing population worldwide.

Insight by End-User

The global polymer concrete market has also been segmented by end-users into civil infrastructure, non-residential structure, and residential structure. Among the three segments, civil infrastructure was projected to hold the largest revenue by 2024. Moreover, several initiatives and regulations undertaken by the government to upgrade the economy have enhanced the investment in civil infrastructure in developed economies, which is promptly increasing the demand for polymer concrete in the global market. These factors are further expected to accentuate the utilization of this concrete in the infrastructure segment.

Global Polymer Concrete Market Report Coverage

Report Metric

Details

Historical Period

2018 - 2023

Base Year Considered

2024

Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  3.1 Billion

Revenue Forecast in 2030

U.S.D.  6.4 Billion

Growth Rate

7.2%

Segments Covered in the Report

By Class, By Type, By Application, and By End-User

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America, Europe, Asia-Pacific, Middle East, and Rest of the World

Industry Dynamics

Growth Drivers

The enhanced investment in developmental projects and rapid escalation in repair and maintenance accomplishments in the civil infrastructure segment is further driving the growth of this market. The construction industry performs a significant part in economic development by generating more employment and efficient allocation of funds. Moreover, the increasing government investments across the world in civil infrastructure projects including railways, roads, water reservoirs, airports, buildings, sewer systems, tunnels, bridges, and others are further accentuating the growth of this market.

According to a study, it has been observed that in 2017 in Germany with a cumulative investment amount of $140 billion approximately 180 developmental projects were in the growing phase. Additionally, in India in 2014 the investment of $700 billion was estimated towards urban infrastructure under the “Make in India” initiative. Moreover, these factors are further expected to bolster the growth of the polymer concrete market across the globe.

Challenges

The relatively high cost of the concrete polymer as compared to that of traditional concrete owing to its premium properties is expected to be the major factor hindering the growth of the polymer concrete market across the globe. It has been projected that the cost associated with one ton of concrete that is extracted from polymer is considerably higher in comparison cost of developing one ton of cement concrete. The relatively high cost of this cement restricts its use to a few engineering applications such as stress-resistant drainage systems and abrasion-resilient pipes.

Industry Ecosystem

Globally industry players are leveraging market growth by replacing the cheap substitutes of products to providing superior quality options for varied ranges of applications across the globe. Additionally, improvements and developments that are significantly supporting the economy are expected to further enhance the growth of the polymer concrete market globally.

Geographic Overview

Geographically, Asia Pacific was projected to witness the fastest growth and also the largest market for polymer concrete due to its abundant accessibility of labor, prosperous manufacturing segment, economical cost structure, and swelling demand from customers are expected to drive the growth of polymer concrete market in this region by 2030. Additionally, there are certain macroeconomic factors that are further influencing the growth of this market in Asia-Pacific such as increasing disposable income, huge population, and essentially the extensive investments undertaken for building & construction accomplishments in this region is anticipated to make this region one of the most auspicious markets for polymer concrete.

Competitive Insight

Some of the major players operating in the global polymer concrete market are Fosroc International Ltd., Dudick Inc., Forte Composites Inc., Crown Polymers Corporation ACO Severin Ahlmann GmbH & Co. KG, ErgonArmor, BASF SE,  BaseTek, Sauereisen Inc., and Sika AG.

The Polymer Concrete Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • Class
    • Polymer Modified Concrete
    • Polymer Impregnated Concrete
    • Polymer Resin Concrete
  • Type
    • Epoxy
    • Vinyl
    • Polyester
    • Others
  • Application
    • Containments and Waste Containments
    • Pump Bases
    • Trench Drain
    • Flooring Blocks
    • Others
  • End-User
    • Civil Infrastructure
    • Non-Residential Structure
    • Residential Structure

Region Covered in the Report

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Middle East and Africa (MEA)
    • South America

 

Source: VynZ Research

Frequently Asked Questions

The relatively high cost of concrete polymer as compared to that of traditional concrete owing to its premium properties is expected to be the major factor hindering the growth of polymer concrete market across the globe.
Asia Pacific was projected to witness fastest growth and also the largest market for polymer concrete due to its abundant accessibility of labor, prosperous manufacturing segment, economical cost structure and swelling demand from customers are expected to drive the growth of polymer concrete market in this region by 2024
Global Polymer Concrete Market Analysis and Forecast period is during 2025-2030.
The global polymer concrete market is projected at $2.1 billion in 2023 and is expected to reach $3.4 billion by 2030
Globally industry players are leveraging market growth by replacing the cheap substitutes of products to providing superior quality options for varied ranges of applications across the globe.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

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