20-Jan-2021 | Zion Market Research
The global polymeric sand market was capitalized at USD 52 million in 2019 and is expected to develop with a CAGR of over 8.3% from 2019 to 2025. Some of the major players in the global polymeric sand market are SHAW GROUP Limited, Alliance Designer Products Inc., Fairmount Santrol, Sakrete Inc., Techniseal, SRW Products, Semco Distributing, Inc., Ash Grove Packaging, Sable Marco Inc., Silpro, TCC Materials, and SEK SUREBOND Inc.
Rising Investments In Development Of Public Infrastructure To Power The Growth Of Global Polymeric Sand Market
Rising investments in development of public infrastructure together with increasing requirement of luxury houses all over the world are the reasons responsible for the development of global polymeric sand market. Polymeric sand is widely employed for filling gaps between stone, concrete, and rock pavers. Different initiatives by governments all over the world will power the requirement of polymeric sand as it is primarily employed in auxiliary spaces and pavements along airports, roads, and other mass transit infrastructures.
Rising Urbanization In Developing Nations To Boost The Global Polymeric Sand Market
Developing nations will display an extraordinary development in infrastructure investment owing to rising urbanization in the years to come. Brazil is one of the top developing nations in Latin America and the present spending in infrastructure industry of Brazil is almost USD 1.7 trillion while the requirement of investment is almost USD 2.9 trillion. Similar trends can be seen in other developing nations such as China, Mexico, India, and Southeast Asia, which will boost the development infrastructure industry, thereby offering a push to the development of polymeric sand market in the forecast period. Capability of goods to deter weed growth, resist insect infestation, and enduring defense against harsh climate will additionally add to the development of the global market.
The polymeric sand market in Europe was capitalized at over USD 17 million in 2019 and will see a drastic development over the coming years. Europe has a developed construction industry but rising government concerns to lower investment gap and enhance old structures will escalate the requirement of product. Also, in a number of European nations, the landscaping and gardening sector is boosting. This will power the demand of the product as it is employed for building covered patios, walkways, and kitchens in backyards and gardens.
In Latin America and Asia Pacific, the market is expected to drive as users are now adopting luxury lifestyles owing to increase in per capita revenue. Their requirement for row houses and bungalows with lawns, swimming pools, patios, and so on is powering in such areas, making them a potential market for polymeric sand in coming period.
Browse the full “Global Polymeric Sand Market By Product Type (Polymeric Dust And Polymeric Sand), End-User (Industrial, Municipal, Commercial, And Residential), Application (Patios, Parking Spaces, Pool Deck, And Payments & Auxiliary Spaces): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/polymeric-sand-market
The global polymeric sand market is segmented as follows:
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