The global geopolymer market was worth US 3.8 Billion in 2018. Geopolymers are inorganic ceramic materials characterized by networks of mineral molecules linked with covalent bonds. They can be classified into two groups, namely, pure inorganic and hybrid (organic-inorganic) geopolymers. Although geopolymers like obsidian occur naturally, they can also be synthesized chemically. Geopolymers have an amorphous microstructure at room temperature owing to which they have high heat resistance and can be used for thermal insulation. Commercially produced geopolymers are currently used in fire and heat resistant coatings and adhesives, medicinal applications, high-temperature ceramics, and toxic and radioactive waste encapsulation.
Global Geopolymer Market Drivers:
Geopolymers offer advantages such as high strength, ultra-porosity, low drying shrinkage, low creep and acid resistance. On account of these properties, they are used to substitute Portland cement as a binder in concrete. They are also utilized for repairing bridges, tunnels, roads, and in the rehabilitation of pipes and structures in the civil infrastructure, oil and gas, and chemical industries. Moreover, geopolymers are cheaper than Portland cement, and their production emits lesser carbon dioxide. With rising environmental regulations and emission strain on the cement industry, the demand for geopolymers is increasing. Furthermore, factors such as technological developments and innovations in the construction sector are also contributing to the growth of the global geopolymer market. Looking forward, the market value is projected to reach US$ 16.2 Billion by 2024, exhibiting a CAGR of around 27% during 2019-2024.
Market Summary:
- Based on the application, the market has been segmented into cement and concrete, furnace and reactor insulators, composites, and decorative artifacts. The cement and concrete segment currently accounts for the largest share.
- On the basis of end-use industries, the market has been segmented into building construction, infrastructure, industrial, art and decoration, and others.
- Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global share.
- The competitive landscape of the market has also been examined with some of the key players being 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 and Airbus.
Key Questions Answered in This Report:
- How has the global geopolymer market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global geopolymer industry?
- What is the breakup of the global geopolymer market on the basis of application?
- What is the breakup of the global geopolymer market on the basis of end-use industry?
- What are the various stages in the value chain of the global geopolymer market?
- What are the key driving factors and challenges in the global geopolymer market?
- What is the structure of the global geopolymer market and who are the key players?
- What is the degree of competition in the global geopolymer market?
- How are geopolymers manufactured?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global Geopolymer Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Application
5.4 Market Breakup by End-Use Industry
5.5 Market Breakup by Region
5.6 Market Forecast
6 Market Breakup by Application
6.1 Cement and Concrete
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Furnace and Reactor Insulators
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Composites
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Decorative Artifacts
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by End-Use Industry
7.1 Building Construction
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Infrastructure
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Industrial
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Art and Decoration
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 North America
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 Global Geopolymer Industry: SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Global Geopolymer Industry: Value Chain Analysis
10.1 Overview
10.2 Research and Development
10.3 Raw Material Procurement
10.4 Manufacturing
10.5 Marketing
10.6 Distribution
10.7 End-Use
11 Global Geopolymer Industry: Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Global Geopolymer Industry: Price Analysis
12.1 Price Indicators
12.2 Price Structure
12.3 Margin Analysis
13 Geopolymer Manufacturing Process
13.1 Product Overview
13.2 Raw Material Requirements
13.3 Manufacturing Process
13.4 Key Success and Risk Factors
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Imerys Group / Ags Argil's & Minéraux
14.3.2 Milliken & Company Inc.
14.3.3 PCI Augsburg GMBH
14.3.4 DowDuPont
14.3.5 Rocla
14.3.6 Wagners
14.3.7 Universal Enterprise
14.3.8 Schlumberger Ltd
14.3.9 Murray & Roberts Cementation Co. Ltd
14.3.10 Banah UK Ltd
14.3.11 Zeobond Pty Ltd
14.3.12 Uretek
14.3.13 BASF
14.3.14 Corning Inc.
14.3.15 Nu-Core
14.3.16 Pyromeral Systems
14.3.17 Airbus
List of Figures
Figure 1: Global: Geopolymer Market: Major Drivers and Challenges
Figure 2: Global: Geopolymer Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Geopolymer Market: Breakup by Application (in %), 2018
Figure 4: Global: Geopolymer Market: Breakup by End-Use Industry (in %), 2018
Figure 5: Global: Geopolymer Market: Breakup by Region (in %), 2018
Figure 6: Global: Geopolymer Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 7: Global: Geopolymer Industry: SWOT Analysis
Figure 8: Global: Geopolymer Industry: Value Chain Analysis
Figure 9: Global: Geopolymer Industry: Porter’s Five Forces Analysis
Figure 10: Global: Geopolymer (Cement and Concrete) Market: Sales Value (in Million US$), 2011 & 2018
Figure 11: Global: Geopolymer (Cement and Concrete) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 12: Global: Geopolymer (Furnace and Reactor Insulators) Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Geopolymer (Furnace and Reactor Insulators) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Geopolymer (Composites) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Geopolymer (Composites) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Geopolymer (Decorative Artifacts) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Geopolymer (Decorative Artifacts) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Geopolymer (Building Construction) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Geopolymer (Building Construction) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Geopolymer (Infrastructure) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Geopolymer (Infrastructure) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Geopolymer (Industrial) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Geopolymer (Industrial) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Geopolymer (Art and Decoration) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Geopolymer (Art and Decoration) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Geopolymer (Others) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Geopolymer (Others) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Asia Pacific: Geopolymer Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Asia Pacific: Geopolymer Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Europe: Geopolymer Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Europe: Geopolymer Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: North America: Geopolymer Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: North America: Geopolymer Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Middle East and Africa: Geopolymer Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Middle East and Africa: Geopolymer Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Latin America: Geopolymer Market: Sales Value (in Million US$), 2011 & 2018
Figure 37: Latin America: Geopolymer Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Geopolymer Manufacturing: Process Flow
List of Tables
Table 1: Global:Geopolymer Market: Key Industry Highlights, 2018 and 2024
Table 2: Global:Geopolymer Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 3: Global:Geopolymer Market Forecast: Breakup by End-Use Industry (in Million US$), 2019-2024
Table 4: Global:Geopolymer Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 5:Geopolymer: Raw Material Requirements
Table 6: Global:Geopolymer Market Structure
Table 7: Global:Geopolymer Market: Key Players