Increasing Need for Chemical-Resistant Construction Materials
Concrete structures are usually exposed to corrosive environments. Conventional concrete, the alkaline Portland hydraulic cement formed voids and cracks during hydration, leaving gaps for water to penetrate and crack the concrete. Harsh environments leave concrete susceptible to acid attack, which may also result in the damage of the structure upon use. Usage of polymeric materials in concrete proved to subvert this failure, owing to their high strength and durability. Additionally, using several types of resins, such as polyester-styrene, epoxy, etc., eliminates the open voids and provides the required chemical resistance to the structures in hostile environments.
Asphalt Pavements Application Holds the Largest Share
Asphalt cement is a viscoelastic material, which acts as a two-phase binder, holding a hot mix asphalt pavement together. The characteristics are temperature dependent, as it behaves more like a solid at low temperatures and liquid at high temperatures.
Polymer-based asphalt materials can be produced and employed in the same manner as hot mixed asphalt concrete. These are extremely durable and more flexible than the conventional asphalt pavements. These pavements are used in the construction of bridges. However, owing to the low setting time of these pavements, it is difficult to manufacture. Moreover, laying these pavements require special expertise. Polymers, such as epoxy and polyester can be used in these pavements to modify the viscoelastic behavior of the asphalt cement by affecting the ideal temperature range of the product.
North America to Dominate the Market
The United States is expected to hold the largest share of the market as it accounted for 70% of the market share, in terms of revenue, in 2017. The major reason for the growth of the industry in this region includes growing construction activities, new bridges in Clinton, Beaver, Clearfield, etc., and rising road construction activities.
Notable Developments in the Market
April 2017: Chin Hin Group Berhad acquired Mi Polymer Concrete Pipes Sdn Bhd for RM 35 million.
January 2017: PCI Group completed the acquisition of Henkel’s professional Western European building material business.
Major players: ACO group of companies, BASF SE, DowDuPont., ULMA Architectural Solutions, and Interplastic Corporation, amongst others.
Reasons to Purchase the Report
- To understand the impact of increasingly stringent regulations on the market.
- Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
- To understand the dominating technology in the market.
- Identify the countries expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3-month analyst support along with the Market Estimate sheet (in Excel).
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1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Increasing Need for Chemical Resistant Construction Material
4.1.2 Increasing Overlay Projects in North America
4.2.1 Lack of Awareness about Polymer Concrete in Developing Economies
4.3.1 Recovery of Construction Industry in Europe
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Polymer Type
5.1.3 Methyl Methacrylate
5.2 By Application
5.2.1 Asphalt Pavement
5.2.2 Building and Maintenance
5.2.3 Industrial Tanks
5.2.4 Prefabricated Products for Drainage Systems
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 North America
6.1.1 United States
6.1.4 Rest of North America
6.2.2 United Kingdom
6.2.7 Rest of Europe
6.3.4 South Korea
6.3.5 ASEAN Countries
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 United Arab Emirates
6.5.3 South Africa
6.5.4 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
8.1 ACO Group of Companies
8.2 Arizona Polymer Flooring Inc.
8.3 Capa - Engenharia e Construções Metalomecânicas, S.A.
8.4 Dudick, Inc.
8.5 Forté Composites, Inc.
8.6 Interplastic Corp
8.7 Kwik Bond Polymers
8.8 Metrocast Corp.
8.9 Napsco, Inc.
8.12 ULMA Architectural Solutions
*List not exhaustive
**Subject to availability of public domain
- ACO Group of Companies
- Arizona Polymer Flooring Inc
- ENGENHARIA E CONSTRUÇÕES METALOMECÂNICAS SA
- The DOW Chemical Co.
- Dudick Inc.
- Forté Composites Inc.
- Interplastic Corp
- Kwik Bond Polymers
- Metrocast Corp.
- NAPSCO Inc
- ULMA Architectural Solution