Valley Cottage, NY -- (SBWIRE) -- 05/19/2017 -- Polymer concrete is also called latex-modified concrete or polymer-Portland-cement concrete. It is made by the polymerization of a monomer, which can be synthetic or organic, in an aggregate mixture. In this process, the concrete mixture is subjected to ultrasonic vibration or vacuum pressure with resins to form polymer concrete. In polymer concrete, a synthetic as well as organic polymer is used as a binder. The addition of polymers in concrete mixtures increases thermal stability and mechanical strength, and also improves resistance to chemical attack and water intrusion. Polymer concrete is also used as a replacement for cement in many applications, due to its superior characteristic properties, such as high compressive strength, low permeability, fast curing, high resistance to chemical attack, high resistance to abrasion, and high impact strength. Polymer concrete is mainly classified into four categories, namely polymer-impregnated concrete, polymer cement concrete, polymer concrete, partially impregnated, and surface coated polymer concrete.

Polymer concrete was earlier used for building cladding, in which Portland cement was used; this is now replaced by plastic or synthetic resins. Recently, polymer concrete is extensively used as a repair material, owing to many of its properties, such as rapid curing, high strength, durability, and excellent bond to steel and cement concrete reinforcement. Precast polymer concrete is also used to produce a wide variety of products, such as acid tanks, drains, highway median barriers, and manholes. Polymers are also used to treat cured concrete, and the resultant product is known as polymer impregnated concrete. The unique properties of polymer impregnated concrete pave way for its use in a wide range of applications in various activities, such as industrial tank prefabrication, electrolysis of non-ferrous metals, catch basins and channels to drain aggressive industrial wastewater, and storage tanks to store corrosive.

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Polymer Concrete Market:Market Dynamics

Growing infrastructure and investment is civil construction, such as bridges, roads, drainage infrastructure, desalination plants, and nuclear power plants are key driving factors for the increasing demand of polymeric concrete. Also, factors such as superior characteristics, the increasing need for chemical-resistant construction materials, and growing emphasis on the use of environment-friendly concrete are expected to drive the market in the forecast period. However, the high cost of polymer concrete, low awareness about it, and the presence of cheaper alternatives, such as cement can act as restraints to this market.

Polymer Concrete Market:Market Segmentation

Thepolymer concrete market can be segmentedon the basis of type:

Polymer impregnated concrete

Polymer cement concrete

Polymer concrete

Partially impregnated and surface coated polymer concrete.

Thepolymer concrete market can be segmentedon the basis of application:

Industrial tanks

Catch basins and channels

Building and repair construction

Prefabricated products for drainage systems

Others

Thepolymer concrete market can be segmentedon the basis of end use:

Energy & utilities

Residential and municipal construction

Commercial establishments and spaces

Polymer Concrete Market: Regional Outlook

Asia Pacific is a major market in terms of growth in the polymer concrete market, due to substantial growth in industrialization, urbanization in countries, such as India and China. North America holds the major share of the polymer concrete market, due to expansion of the construction industry in the country. The market in the rest of the world will account for a small share in the global polymer concrete market. Replacement of existing infrastructure, and increase in awareness about polymer concrete are likely to offer immense opportunities for the polymer concrete market.

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Polymer Concrete Market: Market Participants

Examples of some of the market participants in the global polymer concrete market, identified across the value chain are:

ACO Group of Companies

Forté Composites Inc.

BASF SE

Bouygues S.A

Bechtel Corporation

Italcementi S.p.A

Wacker Chemie AG

Ulma - Architectural Solutions

Kwik Bond Polymers

Interplastic Corporation