The global demand for Geopolymer Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Geopolymers are inorganic ceramic materials characterized by a chain of mineral molecules inked with covalent bonds. They can be categorized into two groups, called hybrid and pure inorganic geopolymers. However, geopolymers are like obsidian occur naturally, they can also be synthesized by chemicals. They have excellent physical and mechanical properties; high compressive strength, thermal stability, low shrinkage, resistance to fire and acid attacks and are also less toxic to the environment. Geopolymers are synthesized at temperatures below 120 ° C, which indicates a low energy consumption for its manufacture, compared to the traditional ceramic materials. Some of the applications of geopolymers are the encapsulation of toxic waste, refractory coatings, manufacturing of aeronautical equipment, among others.
Market Dynamics
Rising construction activities across the globe is the key factor driving the market growth. As compared to traditional ceramic, geoploymers offer several advantage, for instance, high strength, thermal stability and resistance to fire and acid attacks. Due to this, they are used to substitute Portland cement as a binder in concrete. Increasing activities such as revamping old bridges, tunnels and rehabilitation of pipes and structures in the oil and gas, and chemical industries is augmenting the market growth. Demand for geoploymers has been increasing owing to rising environmental regulation and emission stress on the cement industry.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of geopolymer.
Market Segmentation
The entire geopolymer market has been sub-categorized into Product Type, Application, . The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Cement, Concrete, and Precast Panel
- Grout & Binder
- Other Product Types
By Application
- Building
- Road & Pavement
- Runway
- Pipe & Concrete Repair
- Bridge
- Tunnel Lining
- Railroad Sleeper
- Coating Application
- Fireproofing
- Nuclear & Other Toxic Waste Immobilization
- Specific Mold Products
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for geopolymer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Geopolymer Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the geopolymer market include Airbus, Banah UK Ltd., ÄŒeských Lupkových Závodech AS, Corning Inc., Dow, Imerys Group / Ags Argil's &Minéraux, IPR, Milliken & Company, Murray & Roberts Cementation Co. Ltd., Nu-Core, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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