Europe Geopolymer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Europe Geopolymer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3693
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Market Overview:

The Europe geopolymer market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 19.9% during 2023-2028.

Geopolymers are inorganic materials that possess mineral molecules linked with covalent bonds. They occur naturally like obsidian and can also be synthesized chemically in the laboratory. Geopolymers provide thermal insulation with high resistance to heat and are used in fire and heat resistant coatings and adhesives, medicinal applications, high-temperature ceramics, and toxic and radioactive waste encapsulation. They function as a useful alternative for conventional cement that is highly energy-intensive and consumes a significant amount of natural resources. In the European region, geopolymers are used as a binder in the construction industry to reduce the usage of natural resources, thereby decreasing carbon dioxide emissions from cement plants.

The Europe geopolymer market is primarily driven by the growing demand for green concrete and construction materials. Geopolymers are environment-friendly materials that are utilized as binders in various residential structures, bridges, and runways across the region. They are also used in construction and demolition activities due to their recyclable nature. Besides this, the EU Emissions Trading Scheme (ETS) has set a maximum cap on emissions with allocated allowances to reduce greenhouse gas emissions in the region. This is providing a significant impact on the market outlook. Furthermore, extensive research and development (R&D) to commercially use slag produced from the metal processing industry in the production of geopolymers is also bolstering the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe geopolymer market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and end use industry.

Breakup by Application:

  • Cement and Concrete
  • Furnace and Reactor Insulators
  • Composites
  • Decorative Artifacts
     

Breakup by End Use Industry:

  • Building Construction
  • Infrastructure
  • Industrial
  • Art and Decoration
  • Others
     

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Application, End-Use Industry, Country
Countries Covered Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option

Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Europe Geopolymer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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