Market Size of Polymer Concrete Industry
| Study Period | 2019-2029 |
| Market Volume (2024) | 2.63 Billion tons |
| Market Volume (2029) | 3.21 Billion tons |
| CAGR (2024 - 2029) | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Polymer Concrete Market Analysis
The Polymer Concrete Market size is estimated at 2.63 Billion tons in 2024, and is expected to reach 3.21 Billion tons by 2029, growing at a CAGR of greater than 4% during the forecast period (2024-2029).
COVID-19 had a negative impact on this market during 2020 and 2021 due to supply chain disruptions and the halt of construction activities. Lockdown measures and travel restrictions hampered infrastructure projects, thereby dampening the demand for polymer concrete in construction applications. However, the market is slowly recovering, and there is an expected positive growth in the polymer concrete market.
- The increasing demand for chemical-resistant construction materials and increasing overlay projects are expected to fuel the market growth.
- On the flip side, a need for more awareness about polymer concrete in emerging economies is anticipated to hinder the growth of the market over the forecast period.
- Further, the growing demand for polymer concrete in several end-user industries is likely to create lucrative growth opportunities for the global market in the future.
- North America dominated the market across the globe, with the largest consumption in a country such as the United States, Canada, etc.
