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Press Release-Polymeric Sand Market to Reach Valuation of USD 170.8 Billion by 2030 – the Growing Trend of Outdoor Living Spaces and the Increasing Popularity of DIY Projects Drive the Market Growth

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Polymeric Sand Market to Reach Valuation of USD 170.8 Billion by 2030 – the Growing Trend of Outdoor Living Spaces and the Increasing Popularity of DIY Projects Drive the Market Growth

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In terms of revenue, the Global Polymeric Sand Market is expected to reach USD 170.8 Billion by 2030, growing at a CAGR (Compound Annual Growth Rate) of 6.8% from 2023 to 2030.

The Polymeric Sand Market is experiencing robust growth due to the global construction industry's expansion. The demand for Polymeric Sand Market is increasing as infrastructure development and housing projects continue to rise. The key driver behind the growth of the Polymeric Sand Market is its superior properties compared to traditional sand. Its ability to resist weed growth erosion and stabilize joints makes it a preferred choice for various construction applications such as pavement, patios, and driveways. The rising emphasis on sustainable construction materials also drives the demand for Polymeric Sand Market. Its environmentally friendly composition makes it a desirable option over traditional sand, which has been linked to environmental damage. Also, the ease of installation and low maintenance requirements offered by Polymeric Sand Market contribute to its adoption in the construction industry. Contractors and homeowners find it appealing as it reduces the time and cost of sand installation and maintenance. Overall, the Polymeric Sand Market is expected to witness substantial growth in the foreseeable future. This rise can be attributed to rising construction activities, a growing demand for sustainable materials, and the advantages Polymeric Sand Market offers over traditional sand.

Key Highlights from the Report

· Among the segmentation of Product Type, the Polymeric Sand Market segment is anticipated to dominate the market with the largest market share in the forecast period, considering the increasing adoption of Polymeric Sand Market over traditional options.

· By the Application segmentation, the Footpaths segment accounted for the maximum CAGR during the forecast period because of the rising demand for aesthetically pleasing and low-maintenance footpaths.   

· Based on End Use, the residential market segment dominated the Polymeric Sand Market, which is anticipated to continue. The remarkable rise of the housing industry is responsible for its rapid rise. 

· In terms of Region, North America held the significant market share in 2022 and is likely to be the most gainful market in the future. Elements including increasing construction activities in countries like the United States and Canada, well-established infrastructure, and high disposable income are aiding this market expansion. 

Market Dynamics
Polymeric Sand Market is a blend of fine sand and polymer additives that, when activated with water, form a binding agent to lock the sand particles together. It is often used in landscaping and hardscaping projects, such as paver installations and joint filling. The sand hardens when dried, creating a firm and stable surface that helps prevent weed growth, resist erosion, and enhance the overall stability of the project. Additionally, Polymeric Sand Market is designed to withstand various weather conditions, such as freeze-thaw cycles, and reduce the likelihood of sand dislodgement, making it a popular choice for outdoor applications.

Leading market players are launching new products with improved capabilities to sustain competition in the Polymeric Sand Market. For example, Techniseal launched the "NOCOSTORM" brand in January 2022, a permeable jointing compound used in various weather conditions. Additionally, companies are adopting acquisition as a critical developmental strategy to enter the market, like Wynnchurch Capital acquiring Alliance Designer Products Inc. in April 2019. Expansion strategies, such as Platinum Decking opening a new branch in Naperville, Illinois, also help gain market share.

However, some factors may hinder the growth of the market. Compared to traditional joint filling materials, the high cost of Polymeric Sand Market may restrain price-sensitive customers. Moreover, the availability of alternative products, such as crushed stone or traditional sand, may limit market growth in some regions.

North America Polymeric Sand Market is expected to witness a noteworthy development with a significant growth rate over the analysis period. The industry growth in this region can be attributed to several factors. Firstly, the increasing construction activities in countries like the United States and Canada have led to a rising demand for Polymeric Sand Market for various applications such as paving stones, brick pavers, and flagstones. Furthermore, the region has well-established infrastructure and high disposable income, which contribute to the market's growth. In addition, significant manufacturers and suppliers in North America have further boosted the market growth. Overall, the region is dominant in the global Polymeric Sand Market and is expected to continue its growth in the coming years.

The Global Polymeric Sand Market is Segmented as follows

  • Product Type
    • Polymeric Sand
    • Polymeric Dust
  • Application
    • Footpaths
    • Patios
    • Pool Decks
    • Parking Spaces
    • Pavements & Auxiliary Spaces
  • End Use
    • Residential
    • Commercial
    • Infrastructural
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

List of the Key Players of the Global Polymeric Sand Market is

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The Global Polymeric Sand Market Scope can be Tabulated as below

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2021
Historic Years 2016-2020
Forecast Years 2022-2028
Segments Covered
  • Product Type
    • Polymeric Sand
    • Polymeric Dust
  • Application
    • Footpaths
    • Patios
    • Pool Decks
    • Parking Spaces
    • Pavements & Auxiliary Spaces
  • End Use
    • Residential
    • Commercial
    • Infrastructural
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
Region & Counties Covered
  • North America
    • U.S.
    • Canada
    • Mexic
  • Eurpe
    • U.K
    • France
    • Germany
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Suth Korea
    • South East Asia
    • Rest Of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest Of Latin America
  • Middle East & Africa
    • GCC Cuntries
    • South Africa
    • Rest Of Middle East & Africa
Companies Covered
  • Techniseal (Canada)
  • Sable Marco (Canada)
  • Vimark S.R.L. (Italy)
  • Semco Stone (U.S.)
  • Sakrete (U.S.)
  • SRW Products (U.S.)
  • Alliance Designer Products Inc. (Canada)
  • SEK-Surebond (U.S.)
  • Unilock (Canada)
  • Ashgrove Polymeric Sand
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

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We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

06 Nov 2023

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Historical Data | Base Year 

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Polymeric Sand Market to Reach Valuation of USD 170.8 Billion by 2030 – the Growing Trend of Outdoor Living Spaces and the Increasing Popularity of DIY Projects Drive the Market Growth

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Polymeric Sand Market to Reach Valuation of USD 170.8 Billion by 2030 – the Growing Trend of Outdoor Living Spaces and the Increasing Popularity of DIY Projects Drive the Market Growth