April 27, 2022
According to the report titled ‘Polymeric Sand Market Size By Product (Polymeric Sand, Polymeric Dust), By Application (Patios, Pool Deck, Pavements & Auxiliary Spaces, Parking Spaces), By End-use (Industrial, Residential, Commercial, Municipal, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Poland, Italy, Russia, China, India, Japan, Oceania, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025, available with MarketStudyReport, global polymeric sand market is estimated to surpass 87 million in valuation by the year 2025.
Rising infrastructure development activities coupled with increasing demand for homes with better aesthetics and outdoor spaces are the major factors driving the growth of the global polymeric sand market. Polymeric sand offers various benefits such as high durability, resistance to harsh environmental conditions, and lower maintenance cost.
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Based on product landscape, polymeric sand segment accounts for the largest market share owing to the increasing focus of government in developing economies towards developing better public infrastructures.
Meanwhile, the patios segment is slated to showcase 6.5% CAGR over the study period, on account of improving standard of living and the rising adoption of luxury lifestyles across the globe.
Moving on to application range, global polymeric sand market share from the commercial segment is reckoned to witness a 6.5% CAGR by the end of the forecast duration, primarily attributed to the improving bilateral ties between countries and rising construction activities of commercial complexes.
Based on the regional landscape, Europe holds a considerable market share and will depict similar growth trends in the subsequent years, owing to supportive government initiatives to enhance the existing transit infrastructures. Meanwhile, polymeric sand market size in Asia Pacific and Latin America is projected to showcase a reasonable growth given the increasing product awareness.
Fairmount Santrol Holdings Inc., TCC Materials, SRW Products, Sakrete Inc., SEK-Surebond Corp., Shaw Group Limited, Techniseal, Semco Distributing Inc., Alliance Designer Products Inc., Sable Marco Inc., Ash Grove Packaging, and Silpro are the leading players in the global polymeric sand market.