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The Asia Pacific geopolymer market is currently witnessing robust growth. Geopolymers refer to inorganic ceramic materials characterized by a network of mineral molecules linked with covalent bonds. They are obtained naturally, like obsidian, and can also be synthesized chemically in a laboratory. They are produced by reacting an aluminosilicate powder with a highly concentrated alkali solution and can act as a binder for different fillers, producing various composite materials. Geopolymers have an amorphous microstructure at room temperature that provides high resistance and thermal insulation. They also offer numerous advantages such as high strength, ultra-porosity, low drying shrinkage, low creep and acid resistance. As a result, geopolymers are utilized for fire and heat resistant coatings and adhesives, medicinal applications, high-temperature ceramics, and toxic and radioactive waste encapsulations.
The Asia Pacific geopolymer market is primarily driven by rapid urbanization, which has resulted in an increasing number of power plants. Most of the electricity in the Asia Pacific region is derived from coal, which represents over half of the power mix. Due to this, the current emphasis is on developing novel low-CO2 binders, such as geopolymers, to lower the emissions. Geopolymers are also used as a binder in concrete as they are cost-effective and environment-friendly substitutes, which emit lesser carbon dioxide emissions than Portland cement. Consequently, they are extensively used for repairing bridges, tunnels, roads, and pipes for civil infrastructures. Furthermore, various environmental regulations and emission strains on the cement industry, coupled with the technological developments and innovations in the construction industry, are bolstering the market growth. On account of these factors, the market is expected to continue its robust growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific geopolymer market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, application and end use industry.
Breakup by Application:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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