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Bio-based construction polymer market to rise across pipe applications

Apr 07, 2021 (Market Insight Reports) --

It has been reported that the global bio-based construction polymer market size could surpass a significant remuneration in terms of annual valuation by 2027. The demand for bio-based construction polymers will be significantly bolstered by the increasing requirement for high-performance and environmentally friendly materials. Significant developments have been observed across the construction sector on account of the growing industrialization and urbanization.

Bio-based construction polymers constitute materials that are derived from renewable raw materials, like corn or sugarcane. They are gaining wider preference over petrochemical components with increasing concerns related to the depletion of fossil resources as well as global warming. Furthermore, the polymers possess a lower carbon footprint and offer high sustainability in construction applications.

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Bio-based construction polymer market | Growing demand for epoxy polymers

Preference for epoxies will gain considerable expansion owing to their robust abilities in terms of molding without overheating. Epoxy polymers can be synthesized with the help of various bio-based materials. They can also be derived from renewable, inedible, and sustainable materials like sucrose, lignin, and vegetable oils, that show zero intrusion with human and animal food.

Furthermore, this bio-based construction polymer product offers high physical strength as well as excellent bonding with concrete and metal surfaces. On account of these attributes, the epoxy polymers are incorporated in the construction of floor toppings, trenches, sumps, and precast polymer concrete shapes. They are also used in the rapid repair of deteriorated acid brick floors and in building activities that are inclusive of heavy loads, high impact, and chemical exposure.

Bio-based construction polymer market | Inclining presence in piping systems

The application of bio-based construction polymer composites in pipes will grow commendably in the next few years. This can be attributed to the rise in the number of construction activities and the higher need for efficient water supply systems. Speaking of which, numerous industry players are increasingly incorporating bio-based polymers to bring innovations in pipes.

To cite an instance, in February 2016, a major provider of plastic pipework systems in Europe, DYKA, rolled-out the first-ever piping system made of bioplastic, namely, DYKA Bioplastic. This novelty is a rainwater piping system that is exclusively designed for newly constructed as well as existing residential buildings.

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Competitive marketing dynamics

Suppliers of bio-based construction polymers are actively adopting marketing measures like acquisitions, mergers, and partnerships to strengthen their footprint across the globe. They are also keen on innovative strategies like new product developments and variations in existing polymers to cater to the increasing construction material requirement whilst sustaining competition. For instance, in April 2016, BASF SE, introduced an advanced admixture for low-viscosity concrete, called MasterEase, to offer higher stability and enhanced rheological properties for concrete in the Indonesian market.

PolyOne, Kaneka Corporation, Evonik Industries, Covestro, Mitsubishi Gas Chemical Company, and NatureWorks LLC, are some other leading market players in the sector.

Impact of COVID-19

The ongoing COVID-19 pandemic resulted in a relatively major setback for the bio-based construction polymer market. The initiation of the lockdown policies across the world brought an abrupt shutdown of all construction activities along with a dearth of labor. However, as all the industrial sectors are now swinging back to form, the supply and production of the biobased materials will garner momentum.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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