Lohia Mechatronik kabra plastic extrusion machinery Used Compounding Line for Masterbatches Lohia-tape-plant Hitco Mamta reliance-polymers
Lohia Mechatronik
kabra plastic extrusion machinery
Used Compounding Line for Masterbatches
Lohia-tape-plant
Hitco
Mamta
reliance-polymers

Rise in infrastructure in MENA and Asia Pacific gives boost to use of Polymer Concrete Material

30-May-17

Polymer concrete consists of adhesive properties which help to repair both polymer and cement-based concrete. Polymer concrete is a material that uses polymers as a binder replacing lime-type cement, can be used for new construction or for repairing old construction. Growth in infrastructural activities and with the development of residential and commercial infrastructure is driving demand for use of specialised applications such as polymer concrete. Also, polymer concrete is expected to register 7.9% of CAGR during 2017-2027, according to Future Market Insights (FMI). Rise in demand for sewerage pipes due to increasing population in Asia Pacific is boosting the demand for polymer concrete products in the region. Similarly, infrastructure development like construction of building, roadways, pipes and bridges in the Middle East and Africa have used polymer concrete on a large scale. Upcoming constructions and infrastructure projects including new roads, dams, upgrading of sewerage system in the countries such as Latin America and China will considerably use polymer concrete, this, in turn, will create an opportunity for the industries dealing in polymer concrete material.


The cost of polymer concrete is high as compared to other materials used in construction. Polymer compound makes concrete more durable and safer than other concretes, hence it is more expensive. Moreover, there are specific types of plastic as a cheaper alternative to polymer concrete. This is also restricting the growth in the use of polymer concrete. Polymer concrete products are stronger as compared to other concrete products because very low voids content is present in polymer concrete and toughness of polymer makes it superior to other products. Polymer concrete is also being increasingly used in industrial applications such as waste containers, chemical containments, pump base, industrial flooring blocks, etc. This increase in the use of polymer concrete in industrial applications is due to its improved properties such as an ability to form complex shape, rapid curing and excellent vibration damping properties. Although it is expensive, polymer concrete offers various benefits depending on the resin used to make it. For example, Acrylic binders offer resistance to weathering and set very quickly. Whereas, polymer mortar is a type of polymer concrete made from binder and fine sand like aggregate it is mostly used to join objects and coat objects for protection.

As compared to conventional concrete products, polymer concrete products have been observed to display a superior compressive strength as well as impact strength. Moreover, polymer concrete is capable of enduring high-frequency vibrations and can be used for constructing complex shapes. Therefore, use of the polymer concrete in industrial infrastructures such as waste containers, pump bases, industrial flooring blocks, chemical containments and trench drains has grown significantly over the past couple of years. Recently, Future Market Insights (FMI) conducted a study on the global market for polymer concrete and found that production of polymer concrete is likely to grow from 143,620 Tons in 2015 to 328, 0159.9 tons by the end of 2027. The market is currently valued at around US$300.5 mln and is estimated to exceed US$691 mln by 2027, reflecting a 7.9% CAGR during the forecast period (2017-2027). The market is expected to witness an incremental $ opportunity of US$369.9 mln during the same period on account of the increasing requirement of materials with high durability, chemical resistance and corrosion resistance. On the flip side, lack of product awareness continues to be a major factor, inhibiting the growth of the market.

Additional Insights from the Report Include:

*Regions such as Europe and North America are already witnessing a widespread adoption of polymer concrete material in the construction application.

* Owing to the low-cost benefit over other resins, polyester continues to be the preferred choice for manufacturing polymer concrete products. By 2017-end, polyester polymer concrete is expected to account for more than 25% market share.

* On the basis of binding agents, synthetic resins hold a major share of the market. Synthetic resins are estimated to account for around 62.4% share of the market by 2017-end. At the same time, demand for natural resin is expected to remain sluggish throughout the forecast period.

* Polymer concrete finds widespread application in building chemical containments and pump bases. Collectively, these two segments account for more than 30% value share of the market.

In 2017 and beyond, the global polymer concrete market is expected to be massively influenced by further product innovation and new product development.

Manufacturers of polymer concrete have channelized efforts on developing multiple desired properties in their products to gain competitive advantage, such as toughness, durability & long life, extreme chemical resistance and ease of installation of polymer concrete products. FMI in its report has profiled some of the leading companies operating in the global market for polymer concrete, which include ACO Group, Sika AG, BASF SE, and Kwik Bond Polymers LLC.

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