Product Code: ETC4509205 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India polymer concrete market import shipments experienced a significant decline with a negative CAGR from 2020 to 2024. However, there was a remarkable growth rate between 2023 and 2024, indicating a recent surge in imports. Overall, the market showed signs of stabilization after a period of contraction.
The polymer concrete market in India is experiencing growth, primarily due to its application in infrastructure projects and industrial flooring. Polymer concrete is known for its durability, chemical resistance, and fast curing times, making it a preferred material for heavy-duty applications. As India invests in infrastructure development and industrial facilities, the polymer concrete market is poised for further expansion.
The polymer concrete market in India is driven by the construction and infrastructure sectors. Polymer concrete is used to create durable and high-strength concrete structures. In the construction industry, it finds applications in road repair, bridge construction, and the development of industrial flooring due to its resistance to chemical and mechanical stress. The growing need for long-lasting and cost-effective infrastructure solutions in India is fueling the demand for polymer concrete. Moreover, the focus on sustainable construction materials and innovative building techniques is expected to contribute to the growth of this market.
The India Polymer Concrete market faces challenges associated with the need for enhancing the performance and durability of polymer concrete in various applications like infrastructure and construction. Achieving the desired material properties, including strength, resistance to chemicals, and long-term durability, while considering cost constraints, is technically demanding. Additionally, environmental sustainability and regulations are increasingly important, requiring the industry to develop eco-friendly polymer concrete solutions. Competition from traditional construction materials also adds to the challenge. Market players must navigate these factors to succeed in the polymer concrete market.
The polymer concrete market in India witnessed a mixed impact during the pandemic. While segments like infrastructure and construction slowed down, the market saw opportunities in the repair and rehabilitation of existing structures. As the country invests in infrastructure development and sustainability, the polymer concrete market is likely to experience growth in the post-pandemic period.
Key players in the polymer concrete market in India are BASF India Ltd, Sika India Pvt. Ltd, Chembond Chemicals Limited, Fosroc Chemicals India Pvt. Ltd, and MYK Schomburg.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Polymer Concrete Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polymer Concrete Market Revenues & Volume, 2021 & 2031F |
3.3 India Polymer Concrete Market - Industry Life Cycle |
3.4 India Polymer Concrete Market - Porter's Five Forces |
3.5 India Polymer Concrete Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.6 India Polymer Concrete Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Polymer Concrete Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Polymer Concrete Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India |
4.2.2 Growing demand for durable and sustainable construction materials |
4.2.3 Government initiatives promoting the use of polymer concrete in construction |
4.3 Market Restraints |
4.3.1 High initial cost of polymer concrete compared to traditional materials |
4.3.2 Limited awareness and understanding of the benefits of polymer concrete |
4.3.3 Lack of skilled labor for installation and maintenance of polymer concrete |
5 India Polymer Concrete Market Trends |
6 India Polymer Concrete Market, By Types |
6.1 India Polymer Concrete Market, By Class |
6.1.1 Overview and Analysis |
6.1.2 India Polymer Concrete Market Revenues & Volume, By Class, 2021-2031F |
6.1.3 India Polymer Concrete Market Revenues & Volume, By PMC, 2021-2031F |
6.1.4 India Polymer Concrete Market Revenues & Volume, By PC, 2021-2031F |
6.1.5 India Polymer Concrete Market Revenues & Volume, By PIC, 2021-2031F |
6.2 India Polymer Concrete Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Polymer Concrete Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.3 India Polymer Concrete Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 India Polymer Concrete Market Revenues & Volume, By Latex, 2021-2031F |
6.3 India Polymer Concrete Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Polymer Concrete Market Revenues & Volume, By Containments, 2021-2031F |
6.3.3 India Polymer Concrete Market Revenues & Volume, By Pump Bases, 2021-2031F |
6.3.4 India Polymer Concrete Market Revenues & Volume, By Wastewater Containers, 2021-2031F |
7 India Polymer Concrete Market Import-Export Trade Statistics |
7.1 India Polymer Concrete Market Export to Major Countries |
7.2 India Polymer Concrete Market Imports from Major Countries |
8 India Polymer Concrete Market Key Performance Indicators |
8.1 Percentage increase in the number of infrastructure projects utilizing polymer concrete |
8.2 Adoption rate of polymer concrete in new construction projects |
8.3 Number of training programs and certifications for polymer concrete installation and maintenance |
8.4 Environmental impact assessment and sustainability metrics for polymer concrete applications |
9 India Polymer Concrete Market - Opportunity Assessment |
9.1 India Polymer Concrete Market Opportunity Assessment, By Class, 2021 & 2031F |
9.2 India Polymer Concrete Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Polymer Concrete Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Polymer Concrete Market - Competitive Landscape |
10.1 India Polymer Concrete Market Revenue Share, By Companies, 2024 |
10.2 India Polymer Concrete Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |