The geopolymer market is expected to grow from USD 7.2 billion in 2022 to USD 52.5 billion by 2032, at a CAGR of 22% during the forecast period 2023-2032.
Geopolymers are inorganic ceramic materials comprising networks of mineral molecules joined together by covalent bonds. There are two types of geopolymers: pure inorganic and hybrid (organic-inorganic) geopolymers. For example, obsidians occur naturally and can also be chemically manufactured. When it comes to their structure, geopolymers have an amorphous microstructure at room temperature, which makes them heat resistant this is why they are utilized for thermal insulation. Furthermore, Geopolymers are used in high-temperature ceramics, fire and heat-resistant coatings and adhesives, and poisonous and radioactive waste encapsulation.
The cement industry accounts for roughly 5% of worldwide artificial CO2 emissions, with the chemical process accounting for 50% and fuel combustion accounting for 40%. In addition, geopolymers are capable of reducing carbon emissions by 70-80% compared to Portland cement. The most dangerous pollutant produced by storing, grinding, crushing, and pyro-processing is dust, which can cause respiratory difficulties. Furthermore, Geopolymer materials have enormous advantages in the building industry. The implementation of geopolymer initiatives, with the assistance of researchers, is projected to accelerate public knowledge of the usage of this alternative source. High strength, low drying shrinkage, ultra-porosity, minimal creep, and acid resistance are some of the benefits of geopolymers. They are also used to repair tunnels, bridges, and highways and rehab pipes and structures in the oil and gas, civil infrastructure, and chemical sectors. Also, geopolymers are less expensive than Portland cement and produce less carbon dioxide. The need for geopolymers increases as environmental rules and emission pressures on the cement sector increase. Furthermore, technical advancements and innovations in the construction market are fueling the expansion of the global geopolymer market.
This study comprehensively analyses product type, application, and region. The product type segment includes cement, precast panel, concrete, grout and binder, and others. Cement is the leading product type segment. Geopolymer cement cures faster than conventional cement. Due to its strength and growing demand, geopolymers are also utilized to manufacture precast panels. Furthermore, Geopolymer cement has high chemical resistance and can withstand extreme heat without degradation; these qualities make the geopolymer easier to use. The application segment involves building, road and pavement, pipe and concrete repair, runway, bridge, tunnel lining, coating, railroad sleeper, fireproofing, nuclear, etc. The building is leading the application segment. Geopolymers play an essential function in building construction. Large volumes of greenhouse gases are being discharged into the atmosphere due to fast-expanding construction activity and the world's overpopulation, having a significant environmental impact. With the growing environmental impact of greenhouse gases emitted during cement manufacturing or in other ways, the total construction of building materials has opened opportunities for creating and utilizing geopolymers in building construction. It has been highlighted that the building and construction sector has increased in recent years. According to the World Bank, the global construction sector was valued at USD 22.36 trillion in 2020, projected to increase to USD 27.18 trillion in 2021.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia Pacific is leading the regional segment. China led the global market share in the Asia-Pacific region, owing to increased construction activity and demand for construction materials. To accelerate economic growth and recover from pandemic losses, China's Ministry of Finance and National Development plans to invest CNY 500 billion (USD 71.86 billion) in the third quarter of 2022 to establish a state infrastructure fund targeted at encouraging infrastructure spending. Furthermore, the country seeks to expand 30 airports to increase access to the country's fourth central international hub, Chengdu Tianfu International Airport. According to CAAC, China's 13th five-year plan includes expanding air transportation services in low-income areas to alleviate poverty by 2020.
Some notable players in the geopolymer market are Imerys Group, Schlumberger Ltd, Milliken & Company Inc., Zeobond Pty Ltd, PCI Augsburg GMBH, Universal Enterprise, Rocla, Wagners, Murray & Roberts Cementation Co. Ltd, Banah UK Ltd, Uretek, BASF, Corning Inc., Nu-Core, Pyromeral Systems, and Airbus. etc.
Geopolymer Market Analysis and Forecast, Product Type
Geopolymer Market Analysis and Forecast, Application
Geopolymer Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising cement industry
5.3. Restraints
5.3.1. Availability of alternatives
5.4. Opportunities
5.4.1. Rising construction sector
5.5. Challenges
5.5.1. Environmental concern
6. Global Geopolymer Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Cement
6.3. Precast Panel
6.4. Concrete
6.5. Grout and Binder
6.6. Others
7. Global Geopolymer Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Building
7.3. Road and Pavement
7.4. Pipe and Concrete Repair
7.5. Runway
7.6. Bridge
7.7. Tunnel Lining
7.8. Coating
7.9. Railroad Sleeper
7.10. Fireproofing
7.11. Nuclear
7.12. Others
8. Global Geopolymer Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Geopolymer Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Geopolymer Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Imerys Group
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Schlumberger Ltd
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Milliken & Company Inc.
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Zeobond Pty Ltd
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. PCI Augsburg GMBH
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Universal Enterprise
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Rocla
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Wagners
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Murray & Roberts Cementation Co. Ltd
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Banah UK Ltd
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Uretek
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. BASF
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Corning Inc.
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Nu-Core
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Pyromeral Systems
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Airbus
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
List of Table
1. Global Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
2. Global Cement, Geopolymer Market, By Region, 2019-2032 (USD Billion)
3. Global Precast Panel, Geopolymer Market, By Region, 2019-2032 (USD Billion)
4. Global Concrete, Geopolymer Market, By Region, 2019-2032 (USD Billion)
5. Global Grout and Binder, Geopolymer Market, By Region, 2019-2032 (USD Billion)
6. Global Others, Geopolymer Market, By Region, 2019-2032 (USD Billion)
7. Global Geopolymer Market, By Application, 2019-2032 (USD Billion)
8. Global Building, Geopolymer Market, By Region, 2019-2032 (USD Billion)
9. Global Road and Pavement, Geopolymer Market, By Region, 2019-2032 (USD Billion)
10. Global Pipe and Concrete Repair, Geopolymer Market, By Region, 2019-2032 (USD Billion)
11. Global Runway, Geopolymer Market, By Region, 2019-2032 (USD Billion)
12. Global Bridge, Geopolymer Market, By Region, 2019-2032 (USD Billion)
13. Global Tunnel Lining, Geopolymer Market, By Region, 2019-2032 (USD Billion)
14. Global Coating, Geopolymer Market, By Region, 2019-2032 (USD Billion)
15. Global Railroad Sleeper, Geopolymer Market, By Region, 2019-2032 (USD Billion)
16. Global Fireproofing, Geopolymer Market, By Region, 2019-2032 (USD Billion)
17. Global Nuclear, Geopolymer Market, By Region, 2019-2032 (USD Billion)
18. Global Others, Geopolymer Market, By Region, 2019-2032 (USD Billion)
19. North America Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
20. North America Geopolymer Market, By Application, 2019-2032 (USD Billion)
21. U.S. Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
22. U.S. Geopolymer Market, By Application, 2019-2032 (USD Billion)
23. Canada Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
24. Canada Geopolymer Market, By Application, 2019-2032 (USD Billion)
25. Mexico Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
26. Mexico Geopolymer Market, By Application, 2019-2032 (USD Billion)
27. Europe Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
28. Europe Geopolymer Market, By Application, 2019-2032 (USD Billion)
29. Germany Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
30. Germany Geopolymer Market, By Application, 2019-2032 (USD Billion)
31. France Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
32. France Geopolymer Market, By Application, 2019-2032 (USD Billion)
33. U.K. Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
34. U.K. Geopolymer Market, By Application, 2019-2032 (USD Billion)
35. Italy Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
36. Italy Geopolymer Market, By Application, 2019-2032 (USD Billion)
37. Spain Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
38. Spain Geopolymer Market, By Application, 2019-2032 (USD Billion)
39. Asia Pacific Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
40. Asia Pacific Geopolymer Market, By Application, 2019-2032 (USD Billion)
41. Japan Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
42. Japan Geopolymer Market, By Application, 2019-2032 (USD Billion)
43. China Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
44. China Geopolymer Market, By Application, 2019-2032 (USD Billion)
45. India Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
46. India Geopolymer Market, By Application, 2019-2032 (USD Billion)
47. South America Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
48. South America Geopolymer Market, By Application, 2019-2032 (USD Billion)
49. Brazil Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
50. Brazil Geopolymer Market, By Application, 2019-2032 (USD Billion)
51. Middle East and Africa Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
52. Middle East and Africa Geopolymer Market, By Application, 2019-2032 (USD Billion)
53. UAE Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
54. UAE Geopolymer Market, By Application, 2019-2032 (USD Billion)
55. South Africa Geopolymer Market, By Product Type, 2019-2032 (USD Billion)
56. South Africa Geopolymer Market, By Application, 2019-2032 (USD Billion)
List of Figures
1. Global Geopolymer Market Segmentation
2. Global Geopolymer Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Geopolymer Market Attractiveness Analysis by Product Type
9. Global Geopolymer Market Attractiveness Analysis by Application
10. Global Geopolymer Market Attractiveness Analysis by Region
11. Global Geopolymer Market: Dynamics
12. Global Geopolymer Market Share by Product Type (2023 & 2032)
13. Global Geopolymer Market Share by Application (2023 & 2032)
14. Global Geopolymer Market Share by Regions (2023 & 2032)
15. Global Geopolymer Market Share by Company (2022)
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