Polymer Concrete Market Share

Asia Pacific Market Forecasts

The polymer concrete market in the Asia Pacific will account for 37% share by 2037. Further, the market is expected to become the largest growing regional market in the projected period. The government's actions and investments are responsible for regional growth. To boost economic growth, increase connectivity, and improve quality of life, governments around the Asia Pacific region have begun putting plans into action and making investments in infrastructure development. For instance, programs like the Smart Cities Mission in India and the Belt and Road Initiative in China have sparked major building activity, opening up the potential for the usage of polymer concrete.

North America Market Statistics

In the North American region, the polymer concrete market is predicted to grow substantially by the end of the projected time period. The transportation industry is growing in the North America region, which leads to the surging demand for polymer concrete for deteriorating Portland cement concrete structures. In addition, the development of parking lots, airports, and surface roads is also expected to contribute to the market’s growth in the region. As per a recent survey, there are nearly 650 million parking spaces on the low end and 2 billion parking spaces on the high end in the United States.