AP NEWS

Global Polymer Concrete Market 2019-2023| Industry Analysis and Forecast| Technavio

November 13, 2018

LONDON--(BUSINESS WIRE)--Nov 13, 2018--Technavio ’s global polymer concrete market research report forecasts the market to grow at a CAGR of around 7% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181113005848/en/

Technavio has released a new market research report on the global polymer concrete market for the period 2019-2023. (Graphic: Business Wire)

The growing adoption of fiber reinforced polymer concrete will be one of the major trends in the during 2019-2023. Fiber reinforced polymer concrete has been replacing steel as a material of choice in new construction projects. This concrete is being extensively used in the automotive, aerospace, marine, and construction industries. It is used to manufacture helicopters, aircraft, spacecraft, boats, ships, chemical processing equipment, buildings, and others.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio’s analysts, one of the key drivers for the global polymer concrete market is the increasing demand for chemical resistant construction materials:

Global polymer concrete market: Increasing demand for chemical resistant construction materials

Concrete structures are usually exposed to corrosive environments that can lead to several effects on conventional concrete. The cracks and voids formed during hydrations can lead to water penetration, which causes crack formation in concrete. Exposure to corrosive environments makes the concentrate susceptible to acid attack, which can damage the concrete. Sulfate exposure and mechanical surface abrasion can also damage concrete.

According to a senior analyst at Technavio for research on plastics, polymers, and elastomers, “Polymer concrete possesses high strength and durability and can help in overcoming the major disadvantages of conventional concrete. Polymer concrete prevents the formation of open voids in concrete structures as it is made from different types of polymer resins. The polymer resins are also hydrophobic, which provides chemical resistance to structures in hostile environments.”

Global polymer concrete market: Segmentation analysis

This global polymer concrete market analysis report provides market segmentation by type (epoxy, vinyl ester, polyester, and others) and by region (the Americas, APAC, and EMEA). The report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the three major segments based on type, the epoxy segment held the largest polymer concrete market share in 2018, contributing to over 30% of the market. This segment will dominate the global market throughout the forecast period.

The APAC region held the largest share of the market in 2018, accounting for more than 47% share. It was followed by the Americas and EMEA respectively. The APAC region is expected to dominate the market throughout the period 2019-2023.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20181113005848/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 11/13/2018 10:23 AM/DISC: 11/13/2018 10:22 AM

http://www.businesswire.com/news/home/20181113005848/en

AP RADIO
Update hourly