Polymer Concrete Market (Size of $2.1 billion in 2017) to Witness 7.2% CAGR During 2018-2024

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Presentation transcript:

VynZ Research USA 165 Broadway, 23rd Floor, New York City, New York m Global Polymer Concreate Market (Size of USD $896.3million in 2017) to Witness 28.1% CAGR During 2018–2024

The global polymer concrete market was valued at $2.1 billion in 2017 and is estimated to further become $3.4 billion by 2024, at a CAGR of 7.2% during 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 accomplishments in growing economies are the major factors driving the growth of polymer concrete market globally. Get Free Report Sample at: concrete-market/request-samplehttps:// concrete-market/request-sample The global polymer concrete market was valued at $2.1 billion in 2017 and is estimated to further become $3.4 billion by 2024, at a CAGR of 7.2% during 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 accomplishments in growing economies are the major factors driving the growth of polymer concrete market globally. Get Free Report Sample at: concrete-market/request-samplehttps:// concrete-market/request-sample Global Polymer Concreate 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 polymer concrete market across the globe. Global Polymer Concreate Market

The major factors contributing towards the growth of global polymer concrete market includes 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. Moreover, extensive 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. However, 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. Global Polymer Concreate Market

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. 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. Global Polymer Concreate Market

VynZ Research USA 165 Broadway, 23rd Floor, New York City, New York m Download Free Sample Copy of Research Report At: market/request-sample market/request-sample Thank You