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Polymeric Sand Market | Industry Developments, Outlook, Current Trends by 2025

Author : Rahul Varpe | Published Date : 2020-08-21 

The consumption of polymeric sand has grown with a considerable shift in living standards and lifestyle trends, demanding bigger outdoor living spaces and luxurious amenities such as swimming pools. This can be largely associated with rising per capita income levels across most parts of the world. These trends indicate a strong demand for various construction materials, including polymeric sand.

Polymeric sand possesses excellent characteristics such as superior endurance against extreme weather conditions, and protection against insects and weed growth. This helps significantly cut repair, maintenance, and replacement costs. Over the years, the material has gained significant prominence in the construction of outdoor spaces such as pavements, patios, and parking spaces.

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However, polymeric sand has certain disadvantages such as depositing polyhaze on the pavers. In addition, growing use of alternatives such as cements and other varieties of sands for joining pavers may slow down the product adoption.

As per estimates that global polymeric sand market size will reach annual valuation of more than US$87 million by 2025, with rising investments in residential and commercial infrastructure, particularly across developing regions.

Emerging economies such as Mexico are anticipated to invest substantially in infrastructure development. Mexico has also initiated a refurbishment program worth US$600 billion to improve existing infrastructure. Moreover, the country has signed numerous agreements such as the North American Free Trade Agreement (NAFTA) and the United States-Mexico-Canada Agreement (USMCA).

Polymeric sand manufacturers in and around the region are likely to witness excellent growth and expansion opportunities in the future. Further elaborating on the regional landscape, Europe is anticipated to hold a notable share in the market on account of several government initiatives and policies for new construction and improvement of existing infrastructure. Meanwhile, Latin America and Asia Pacific will witness a consistent demand for the material over the forecast period.

Polymeric sand finds extensive application in the construction of patios, pavements and auxiliary spaces, pool decks, and parking spaces. Patios application segment is projected to witness a CAGR of 6.5% through 2025. A notable uptick in disposable incomes and lifestyle habits is fueling the demand for larger outdoor spaces to increase the aesthetic appearance of houses. 

On the basis of product, the market is segmented into polymeric sand and polymeric dust. Polymeric sand product segment is likely to dominate the industry share owing to widespread use in joining pavers in patios, sidewalks, and pedestrian crossings. In developing regions, government bodies are increasingly focusing on the development of better public infrastructure. In addition, growing investments in commercial spaces will complement the industry outlook.

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In terms of the end-use, commercial sector is estimated to exhibit a 6.5% CAGR during the analysis period. This growth can be mainly attributed to improved bilateral ties between nations which has resulted in robust growth of the service sector. These factors have fueled investments in the development of commercial complexes such as hotels and business parks.

TCC Materials, Ash Grove Packaging, SRW Products, Alliance Designer Products Inc., Fairmount Santrol, Sable Marco, Promasonry, Techniseal, Silpro, SEK Surebond Inc., and Sakrete Inc. are some of the major industry participants operating in global polymeric sand market.

 

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. [email protected] | https://twitter.com/varperahul

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