Polymer Concrete Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024
Polymer
concrete is a compound, which uses synthetic organic polymer as binder.
Portland cement has been completely replaced by plastic resin concrete
or synthetic resin concrete, which is then mixed with hardening agent,
sand, gravel, filler, or quartz powder. The chemical present in this
material exhibits various different properties such as high impact
strength, high compressive strength, fast curing, high resistance to
chemical attack, abrasion, and low permeability. The primary method of
producing polymer concrete is by reduction of volume of voids in
aggregates which would lower the quantity of polymer required for
binding these aggregates. Binding is achieved by properly grading the
aggregate in order to maintain less voids and maximum density. The
properties of polymer concrete are highly dependent on the type, amount,
and the properties of polymers in the concrete being used. The cost of
polymer concrete is higher than that of cement.
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Polymer
concrete materials can be broadly classified into Polymer Portland
Cement Concrete (PPCC), Polymer Impregnated Concrete (PIC), and
Sulfur-Impregnated Concrete. PPCC uses polymers and cement to form
polymer cement concrete. It exhibits distinct properties than that of
normal concrete such as durability to freezing, excellent ductility, and
resistance to penetration by salt and water. It is used widely in
mortars, flooring, patching compounds, etc. PIC uses the general
procedure of impregnation of removing water by drying. It offers
properties such as high strength, resistance to corrosion which is
particularly used in structural elements and bridge decks. Sulfur
impregnated concrete increases the strength by its interaction between
sulfur and calcium hydroxide. This provides it with chemical resistance.
Sulfur impregnated concrete is widely employed in industrial plants.
Polymer binder can be thermoplastic or thermosetting polymer.
Thermoplastics can be heated and formed repeatedly, while thermosetting
can only be heated and shaped once. Polymer binders are frequently of
thermosetting type.
Polymer
concrete is used in various applications. It is extensively used in
nuclear power plants, marine works, industrial tanks, water storage
systems, sewage works, waterproofing structures, industrial plants,
desalination plants, prefabricated structural elements, bridge drainage
system, linear drainage system, electrolysis of non-ferrous metals, etc.
Growth in transportation and increase in infrastructural activities are
the major factors driving the demand for polymer concrete. Also due to
its distinct superior characteristics, increase in the need of material
with high toughness, strength, durability and ductability are one of the
important factor for using environment friendly concrete. High cost of
polymer concrete is a restraining factor for the polymer concrete
market. Thus, polymer concrete can only be used in applications that
require low energy consumption and less manpower.
In
terms of demand, Asia Pacific is leading the polymer concrete market
across the globe. This trend is expected continue during the forecast
period, led by growth in transportation and infrastructure industries in
the region.
The U.S. also accounts for significant share of the polymer
concrete market in terms of demand due to the expansion of the
construction industry in the country. The polymer concrete market in
Europe and Middle East & Africa is expanding at a sluggish pace than
that in other regions. Replacement of the existing concrete, increase
in awareness about the usage of polymers, and development of new cheaper
products are likely to offer immense opportunities for the polymer
concrete market. Rest of the World market accounts for small share of
the polymer concrete market; however, the region’s share is anticipated
to increase during the forecast period.
Key
manufacturers and suppliers in the polymer concrete market include
Bechtel Corporation, BASF, Bouygues S.A., Forte Composites Inc, Wacker
Chemie AG, Kwik Bond Polymers, and ACO Group of Companies.
The
report offers a comprehensive evaluation of the market. It does so via
in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited to:
Regional markets, technology, types, and applications.
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