Polymer Concrete Market is expected to reach US $ 872.2 million by 2026 from USD 419.3 million in 2016 at a CAGR of 7.6%. Need for chemical resistant construction materials is driving the growth of polymer concrete market. Concrete structures are usually exposed to corrosive environments. Harsh environments leave concrete susceptible to acid attack, which may result in the damage of the structure upon use. The use of materials in concrete proved to subvert this failure, owing to their high strength and durability.
Epoxy segment based on type is one of the largest contributors to the market growth due to its large demand owing to great adhesion, high resistance to chemicals and fatigue & creep resistance. Therefore, it is widely used for industrial flooring and skid resistant overlays in highways, exterior walls. Containments application isexpectedgrow at a high CAGR during the forecast period owing to increasing industrialization across emerging economies. Infrastructure is expected to be one of the largest segment of polymeric polymer amongend-useindustry. Geographically, Asia Pacific is expected to become one of the largest markets for polymer concrete during the forecast period. The increasing increasing end-use industries in these regions are expected to drive the growth of the polymer concrete. HOWEVER,high Cost of the polymer concrete is the growth of the market.
Owen Corning, Solvay, Hexcel Corporation, Royal Ten Cate, Teijin Limited, and Toray Industries Bally Ribbon Mills, DuPont, Cytec C Solvay Group, Hexcel, SGL Carbon, Toray Industries, Toho Tenax, Mitsubishi Chemical Fiber composites are some of key players of aerospace composite market.
Ths Scope of the Aerospace Composites Market
Aerospace Composites Market By Resin Type:
• Thermosetting • Epoxy • Phenolics • Polyester • Polyimides
Aerospace Composites Market By Fiber Type:
• Glass • Carbon • Ceramic • Aramid
Aerospace Composites Market By Aircraft Type:
Commercial Aircraft Business And General Aviation Aircraft Military Aircraft Civil Helicopter Others
Aerospace Composites Market By Region:
• Asia Pacific • Europe • North America • Middle East & Africa • Latin America