As per research statistics, the global market for polymer concrete is anticipated to acquire a value at US$ 322 Mn in the year 2017. Further, the market is expected to reach a mark of US$ 692 Mn by 2027, registering a CAGR of 7.9%.
Albany, NY -- (SBWIRE) -- 09/18/2017 -- Polymer concrete products display higher compressive strength with effective impact strength in comparison to other types of concrete products. Moreover, this form of concrete offers superior resistance to corrosion, along with reduced permeability. Hence, to understand the market for polymer concrete in-depth, a new report has been included in the wide repository of Market Research Reports Search Engine (MRRSE). This research report is titled "Polymer Concrete Market: Global Industry Analysis and Opportunity Assessment, 2017-2027", which focuses on the industrial market trends and growth factors for the current as well as the forecasted period until 2027.
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As per research statistics, the global market for polymer concrete is anticipated to acquire a value at US$ 322 Mn in the year 2017. Further, the market is expected to reach a mark of US$ 692 Mn by 2027, registering a CAGR of 7.9%. Interestingly, the global polymer concrete market is projected to witness an incremental dollar opportunity of nearly US$ 370 Mn between 2017 and 2027.
The research report initiates with the executive summary which discusses the key trends and quick facts about the market. Further, details about market definition and market taxonomy are well enclosed in this smart study. Readers can access data about the market volume analysis, pricing analysis, Y-o-Y growth projections and market size, which are quite important in learning about the actual scenario prevailing in the global polymer concrete market. Further, market drivers, restraints, opportunity along with macro-economic & forecast factor analysis can also be accessed from this portion.
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Considering the market expanse, the global polymer concrete market is spread across North America, Latin America, Eastern Europe, Western Europe, APEJ, MEA, and Japan. As per research facts, growing infrastructural activities in the Middle East and Africa, Asia Pacific excluding Japan and Latin America is motivating the polymer concrete market to newer heights. Each of these regions is evaluated on the basis of BPS analysis, Y-o-Y growth and market attractive analysis. Further, the report also presents a market segmentation based on different factors such as material type, binding agent, application and end use.
Considering the material type, the overall market is bifurcated into polyester, vinyl ester, epoxy based and others. As per research statistics, polyester is the preferred choice for manufacturing polymer concrete products. Further, the polyester segment by material type is projected to hold more than 25% of the global market share in 2017.
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