Global Market Insights, Inc.

Polymeric Sand Market 2020 Trends by Industry Players Fairmount Santrol, SHAW GROUP Limited, SRW Products, Techniseal, Ash Grove Packaging, Semco Distributing, Inc., SEK SUREBOND Inc., Sakrete Inc.

According to the latest research study by Global Market Insights, Inc, the polymeric sand market is expected to record 7.5 % CAGR during the forecast period 2019-2025.

 

Selbyville, DE -- (SBWIRE) -- 04/16/2020 -- Rising infrastructure development activities along with increasing demand of homes with outdoor spaces & better aesthetic appeal are the prime factors driving polymeric sand market towards positive direction. Developing countries such as Mexico have tremendous investment opportunities in infrastructure sector, they have also developed USD 600 billion program to improve their existing economic infrastructures. According to the research, the polymeric sand market size is anticipated to touch the $ 85 million mark by 2025.

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The harvesting machinery segment is divided into combine harvester, thresher, reaper, and forage harvester. Efficiency and lesser time-to market provided by a reaper will support the harvesting machinery market growth.

Plowing & cultivation machinery is segmented into ploughs, harrows, and cultivators & tillers. Improvement in the overall soil conditions for increasing crop yield will favor the ploughing and cultivation machinery industry growth.

Plough is a tool which is used in farming for cultivation of soil in preparation to turn the soil or planting to loosen or sowing seed. They were conventionally drawn by working animals like cattle or horse, but now they are drawn by tractors. The main use of ploughing is to turn over the upper layer of the soil, and to bring in fresh nutrients to the surface, whereas burying weeds as well as the leftovers of previous crops, permitting them to break down.

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Rising real income and demand of amenities such as swimming pool and bigger outdoor living spaces across the globe are also the prime factors driving polymeric sand market over forecast time period. The product posses some excellent features such as endurance to extreme weather conditions, resistance to weed and insect growth which reduces the maintenance cost of application areas, thus boosting the polymeric sand demand over forecast time period.

Besides this, the product has some disadvantages such as deposition of polyhaze on the pavers and excessive usage of substitutes such as cements and other sand for joining pavers will hinder the growth of polymeric sand market in future.

On the basis of product, polymeric sand holds significant share in overall market due to widespread application of it in joining pavers of sidewalks, patios, pedestrian crossings, etc. Owing to increasing focus of government in emerging economies on developing better public infrastructures, the demand of product will escalate over the forecast time period.

Patios segment will show excellent growth rate of around 6.5% from 2019 to 2025. Improving standard of living and adoption of luxury lifestyle across the globe has given rise to patios construction in the outdoor living spaces, thus propelling the polymeric sand demand in coming years.

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Based on region, Europe holds substantial share owing to initiatives taken by governments of European countries to improve their existing transit infrastructures. Asia Pacific and Latin America will show decent growth rate with increasing product awareness.

Some of the main players in polymeric sand market are the Techniseal, Promasonry, Fairmount Santrol, Sakrete Inc., SRW Products, TCC Materials, Ash Grove Packaging, SEK Surebond Inc., Silpro, Sable Marco, Alliance Designer Products Inc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.