New York City, New York May 20, 2021 (Issuewire.com) - According to the latest report by IMARC Group, titled, “Geopolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", provide the global geopolymer market reached a value of US$ 4.56 Billion in 2020. Looking forward, the market expects to exhibit strong growth during the next five years.
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Industry Definition and Application:
Geopolymers are materials comprising chains or networks of mineral molecules that are linked with covalent bonds. They can be both natural and synthesized. Obsidian (volcanic glass) fragments are the major component of natural geopolymer blends. Commercially produced geopolymers can be formed by using industrial waste as raw material. They can be used in applications to fully or partially replace ordinary Portland cement (OPC) with added benefits such as improved resistance to fire, heat and aggressive chemicals as well as a significant reduction in carbon footprint. As a result, geopolymers are replacing OPC in several construction applications.
Download free sample of the report: https://www.imarcgroup.com/geopolymer-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The global geopolymer market is currently witnessing robust growth which can be accredited to the significant expansion of the construction industry. Rapidly increasing population, economic reforms and urbanization, especially in the developing countries, have resulted in infrastructural development, thus catalyzing the market growth. In addition, the repair and rehabilitation activities in the construction industry have also stimulated the market. Moreover, apart from being an affordable option, the manufacturing process of geopolymers is less energy-intensive and emits lesser carbon dioxide than that of OPC. With increasing environmental concerns and emission restrictions on the cement industry, the demand for geopolymers is witnessing a rise, thus further contributing to the market growth.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/geopolymer-market
Geopolymer Market Segmentation:
The report has segmented on the basis of application and geography
Segmentation by Application:
- Cement and Concrete
• Furnace and Reactor Insulators
• Composites
• Decorative Artifacts
Segmentation by End-Use Industry:
- Building Construction
• Infrastructure
• Industrial
• Art and Decoration
• Others
Regional Insights:
- North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Who are the Major Geopolymer Market Key players?
The report provides a detailed analysis of the market leaders, including.
- Imerys Group / Ags Argil's & Minéraux,
- Milliken & Company Inc.,
- PCI Augsburg GMBH,
- DowDuPont,
- Rocla,
- Wagners,
- Universal Enterprise,
- Schlumberger Ltd,
- Murray & Roberts Cementation Co. Ltd,
- Banah UK Ltd,
- Zeobond Pty Ltd,
- Uretek,
- BASF,
- Corning Inc.,
- Nu-Core
- Pyromeral Systems.
Browse related reports:
Polyols Market Report 2021-2026: https://www.imarcgroup.com/polyols-market
Microspheres Market Report 2021-2026: https://www.imarcgroup.com/microspheres-market
Polypropylene Copolymer Market Report 2021-2026: https://www.imarcgroup.com/polypropylne-copolymer-technical-material-market-report
Portland Cement Market Report 2021-2026: https://www.imarcgroup.com/portland-cement-market
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