Polymeric Sand Market

The global Polymeric Sand Market is valued at USD 107.8 Billion in 2022 and is projected to reach a value of USD 170.8 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 6.8% between 2023 and 2030.

Premium Insights

The global Polymeric Sand market is poised for substantial growth, driven by escalating demand in the construction sector, propelled by rapid urbanization and a burgeoning workforce. In the United States alone, the construction workforce comprises nearly 10 million individuals, constituting around 8% of the total labor force as of 2021. Polymeric Sand is primarily applied in filling gaps between pavers crafted from concrete, stone, and rock. The surge in construction activities for footpaths, cycle spaces, and walkways further augments its demand. Developing economies like Brazil, with an infrastructure investment of USD 1.45 trillion against a required capital of USD 2.6 trillion, exemplify the potential for market expansion. This trend extends to emerging nations like Mexico, China, South Asia, and India, where robust construction industry growth is anticipated. The United States governments proposal to bolster existing and new commercial facilities, including highways, airports, and railways, is slated to elevate the demand for Polymeric Sand, given its pivotal role in such projects. With traffic congestion costing approximately USD 165 billion in the U.S., Polymeric Sand in sidewalks and adjacent areas is poised for substantial traction.

• Increasing demand for construction materials in the building and infrastructure sectors will bolster market growth.
• North America is expected to dominate the market with the largest revenue share of 41% in 2022 due to the regions growing trend of eco-friendly and sustainable construction practices.
• The Polymeric Sand segment accounted for the most considerable market growth and contributed 75.6% of the total revenue share in 2022 due to the increasing adoption of Polymeric Sand over traditional options.
• The polymeric Dust segment revealed the most significant market growth and contributed more than 24.4% of the total revenue share in 2022.
• Based on Application, the Footpaths segment accounted for the largest share in 2022 due to rising demand for aesthetically pleasing and low-maintenance footpaths.
• The Asia Pacific region is expected to grow at a high CAGR from 2023-2030.

Top Market Trends

1. Manufacturers are focusing on product innovations to improve the performance and durability of Polymeric Sand. Advanced formulations that offer enhanced adhesion, flexibility, and resistance to weather, UV rays, and erosion are gaining popularity. For example, In January 2022, Techniseal, a leading manufacturer of Polymeric Sand, introduced "NOCOSTORM," an advanced all-weather jointing compound that can be used with wet pavers under continuous water exposure.
2. Developing economies, such as India and Brazil, are experiencing significant growth in the residential construction sector due to urbanization and population growth. This surge in construction activities is driving the demand for Polymeric Sand for applications like paving, landscaping, and pool decks. For example, according to a report by IBEF, the Indian residential construction sector is anticipated to reach a value of USD 1 trillion by 2030, providing a lucrative market for Polymeric Sand manufacturers.
3. Polymeric Sand is widely used in hardscaping projects to stabilize these elements and prevent weed growth. The popularity of hardscaping is on the rise as homeowners and commercial property owners look for ways to add value and enhance the visual appeal of their spaces, driving the demand for Polymeric Sand.
4. Polymeric Sand offers environmental benefits compared to traditional jointing materials like mortar or plain sand. It helps to reduce water consumption as it eliminates the need for wetting and compacting the sand. As environmental concerns continue to gain traction, the demand for eco-friendly and sustainable solutions like Polymeric Sand is expected to increase.

Economic Insights

The Polymeric Sand Market exhibits promising prospects driven by critical economic factors. Notably, substantial investments in road construction in the United States have seen a commendable upswing, with public spending on highways and streets rising from approximately USD 80 billion in 2012 to around USD 100 billion in 2021. This surge is attributed to urbanization trends, prompting government road and highway development allocations. Consequently, the demand for Polymeric Sand, integral in pavement construction and auxiliary spaces alongside highways and airports, is poised for a notable uptick. Moreover, the real estate sectors robust growth, with global revenues reaching USD 10 billion in 2021, further bolsters the Polymeric Sand market. The need for paved surfaces in building and infrastructure construction for aesthetic appeal amplifies this demand. A staggering 350,000 industrial and 240,000 military buildings were recorded in the United States in 2020. The residential segment is set to spearhead revenue generation, driven by a surge in single-family homes and multifamily residential buildings. This trend aligns with a global rise in small home constructions, underpinning sustained market growth. Furthermore, expanding road networks in regions like India underscores the symbiotic relationship between footpath construction and road development, providing an optimistic outlook for the Polymeric Sand markets trajectory.

Market Segmentation

The Global Polymeric Sand Market is categorized into the segments as mentioned below:

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Based on Product Type

Polymeric Sand to Lead Maximum Market Share Due to the Increasing Adoption of Polymeric Sand Over Traditional Options

The Polymeric Sand market is expected to experience substantial growth between 2023 and 2030, primarily driven by the increasing adoption of Polymeric Sand over traditional options. Polymeric Sand offers unique advantages, such as resistance to weed growth, erosion, and erosion, which make it an appealing choice for outdoor landscaping projects. The growing trend towards sustainable and durable materials further fuels the demand for Polymeric Sand. Consumers' preference for environmentally friendly and efficient solutions in hardscaping will also contribute to the markets expansion.

Based on Application

Footpaths segment Expects Dominion Owing to the Rising Demand for Aesthetically Pleasing and Low-maintenance Footpaths

The Footpaths segment will experience the most remarkable industry growth during the forecast period of 2023-2030. This can be attributed to the increasing number of footpaths being constructed globally for recreational purposes, urban development, and enhancing connectivity. Polymeric Sand offers numerous advantages for footpath construction, such as improved strength, stability, and durability. Additionally, Polymeric Sand helps prevent the shifting or displacement of pavers, providing a safe and long-lasting footpath solution.

Based on End Use

Residential Segment Expects Dominance Owing to the Remarkable Rise of the Housing Industry

The Residential segment is projected to maintain its dominant position and account for the largest revenue share in 2022. This can be ascribed to the remarkable rise of the housing industry, driven by the increasing world population. Homeowners are increasingly investing in improving the aesthetic features of their homes, which is anticipated to drive the sales of Polymeric Sand in the forecast period. Polymeric Sand is widely used for various applications in residential settings, including plastering, tamping, and leveling. It has become a highly sought-after material for constructing landscape edging, patios, pool decks, and other structures.

Based on Region

North America to Dominate Global Sales Owing to Growing Trend of Eco-friendly and Sustainable Construction Practices

North America dominated the industry in 2022 due to the well-established construction industry, a high demand for landscaping and hardscaping products, and a growing trend towards sustainable and eco-friendly construction practices. The expansion of the construction industry in the U.S. is providing a solid thrust for the growth of the Polymeric Sand market. The construction industry in the United States is responsible for producing infrastructure valued at a staggering $1.4 trillion annually, as reported by the Associated General Contractors of America (AGC).

The Polymeric Sand industry in Asia Pacific is rapidly gaining popularity due to the rising construction activities, particularly in developing countries like China and India. Several infrastructure projects totaling INR 111 lakh crore (USD 1.5 trillion) were announced by the government of India as part of the NIP (National Infrastructure Pipeline) for FY 2019–25.

Competitive Landscape

The Polymeric Sand market is highly competitive, with several significant players vying for market share. Some of the key players in the market include Techniseal, Sable Marco, Vimark S.R.L., Semcostone, and Sakrete. These companies determine the industrys competitive advantage through critical factors, including product quality, pricing, brand reputation, and distribution network, which they fiercely compete on.

The key players in the global Polymeric Sand market include - Techniseal (Canada) among others.

Recent Market Developments

• In March 2022, Sable Marco Inc., a Canadian manufacturer of cementitious products and mortars, was acquired by Sika AG. This strategic acquisition by Sika is intended to enhance its presence in Eastern Canada and strengthen its access to the retail distribution channel. Sable Marcos product line typically includes Polymeric Sand, mortars, cementitious materials, and various packaged materials.
• In November 2022, Oldcastle APG, a building material firm, acquired Sterling Sands packaging activities and Soil Mender Products' soil business to expand its geographic footprint and manufacturing capacities to serve its clients better.

Segmentation of the Global Polymeric Sand Market