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Polymeric Sand Market size is poised to record more than 7.5% CAGR from 2023 to 2032, driven by the rising preference for low-maintenance landscaping solutions.
The growing consumer preference for low-maintenance landscaping solutions to prevent weed growth and repel insects while offering remarkable weed and insect resistance properties will boost market revenue share. The surging need for reducing maintenance activities in line with environmentally conscious practices has minimized the use of harmful pesticides. The higher demand for hassle-free and aesthetically pleasing hardscaping materials along with the thriving popularity of polymeric sand as a durable and resilient option will fuel the market growth.
The surging government support and the rising adoption of eco-friendly alternatives to conventional sand will influence the market growth. Several government organizations are taking constant efforts to promote the use of green construction materials, including polymeric sand, to mitigate the impacts of climate change. However, the increasing competition from traditional sand given its familiarity and cost-effectiveness may limit the market growth.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7.5% |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 246 |
Segments covered: | Product, Application, End-use and Region |
The COVID-19 pandemic had notable impact on the market growth. The influx of nationwide lockdowns, supply chain disruptions, and labor shortages affected the production and distribution of polymeric sand. Furthermore, the surge in the number of DIY projects and outdoor renovations in the post-pandemic era along with the higher emphasis on home improvements and outdoor spaces contributed to the gradual recovery of the market.
The continuous advancements in material technology will prove beneficial for the polymeric sand business development. The ongoing R&D efforts have led to improved formulations and novel features, enhancing the performance and appeal of polymeric sand. These technological advancements have further resulted in enhanced durability, color stability, and better resistance to weathering and UV rays. Moreover, the surging innovations have made way for more user-friendly installation processes, reducing labor and time requirements. The growing focus on improved materials for influencing consumer confidence and expanding market reach across various industries will also foster the industry growth.
Polymeric sand market is anticipated to gain significant momentum from the polymeric sand segment between 2023 and 2032, propelled by increasing adoption over traditional options. On account of its unique properties, including resistance to weed growth, erosion, and erosion, polymeric sand has emerged as an attractive choice for outdoor landscaping projects. The increasing shift towards more sustainable and long-lasting materials is also escalate the demand for polymeric sand. The surging consumer preference for environmentally friendly and efficient solutions for hardscaping will further contribute to the market growth.
The pavements & auxiliary spaces application segment holds over 50% of the polymeric sand market share and is likely to expand at notable growth rate through 2032. The rising designing of pavements and auxiliary spaces can be attributed to the large prominence of outdoor living spaces and the long-lasting solutions with unique properties preferred by homeowners. These factors are adding to the adoption of polymeric sand as they offer higher resistance to weed growth, erosion, and insects. Moreover, the increasing trend of enhancing outdoor aesthetics and functionality will further promote the segment growth.
Europe polymeric sand market is estimated to grow at notable CAGR from 2023 to 2032, due to the increasing awareness of its benefits in hardscaping projects. The growing interest in outdoor living spaces and urban beautification projects is contributing to the market expansion. Additionally, the rising environmental concerns and higher emphasis on eco-friendly practices for reduced environmental impact will augment the regional market revenue.
Some of the leading companies involved in the polymeric sand business include:
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