Global Geopolymer Market by Product Type, End-User Industry and Geography (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 22, 2018--The “Global Geopolymer Market - Segmented by Product Type, End-User Industry, and Geography - Growth, Trends and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global geopolymer market is expected to register a CAGR of 38.63% (in terms of revenue) during the forecast period, 2018 to 2023.
One of the major factors driving the growth of the market is the increasing demand for repair and rehabilitation market and higher projected output for fly ash. On the flipside, lack of uniform standard regulations and lack of on-site flexibility are expected to hinder the market’s growth.
Growing Demand from Repair & Rehabilitation Market
Owing to the unique properties such as, rapid setting fill that expands in to holes and crack, easily mixable and applicable, low cost solution when compared to chemical grouts, and about 98% post-industrial recycled materials, make geopolymer highly suitable for the repair and rehabilitation market, thereby driving the geopolymer market.
For instance, geopolymer can be used for rehabilitation of pipes and structures in civil Infrastructure, gas & oil, and chemical industries because of their high strength and ultra-low porosity. In addition, they are used to repair tunnels, bridges, roads, rehab buildings, and containment.
Moreover, it is expected that across the world, especially in developing economies like India etc., billions of dollars will be spent in remediating and fixing infrastructure settlement problems, where geopolymers are used extensively.
On an average, half of the earth’s supported structures have settlement problems and with traditional repair methods contributing to problems like additional air and groundwater pollution; the markets are all seeking new, innovative solutions to recurring structural problems providing opportunities for geopolymer.
Geopolymers are widely used in various applications, such as residential properties, commercial buildings, airports, historical structures, roads, railways, industrial buildings, ports, and mines. Considering all these factors, there is a growing demand for geopolymers in the repair & rehabilitation market, especially from the developed economies.
Growing Demand from the Building Industry
Residential and industrial construction activities are the major boosting factors for the global geopolymer market. Industrial construction activities are expanding at a lucrative rate across the world, mainly in developing countries, such as India and China.
Government initiatives by different nations for entering new markets or expanding the existing market by increasing the geographical footprint and increasing production units, are likely to be the major boosting factors for the geopolymer market during the forecast period.
DriversHigher Projected Output for Fly Ash Environmental Regulations and Emission Strain on the Cement Industry Higher Demand from the Repair and Rehabilitation Market Sustainability and Cost Benefits
RestraintsLack of Uniform Standards and Regulations Risk Aversion Attitude of the Construction Industry Lack of On-site Flexibility Questionable Potential of Carbon Dioxide Reduction
OpportunitiesGrowing Consumer Awareness Regarding Benefits of Geopolymer Products Increasing Number of R&D Activities
Key Topics Covered
1.1 Scope of the Report
1.2 Study Assumptions
1.3 Study Deliverables
1.4 Research Phases
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Force Analysis
4. Market Dynamics
5. Market Segmentation and Analysis
5.1 By Product Type
5.2 By End-User Industry
6. Regional Market Analysis
6.1 North America
6.4 South America
6.5 Middle East & Africa (MEA)
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis
8.3 Strategies Adopted by Leading Players
9. Company ProfilesImerys Group / Ags Argil’s & Minraux eskch Lupkovch Zvodech AS 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 IPR Corning Inc. Nu-Core Pyromeral Systems Airbus
For more information about this report visit https://www.researchandmarkets.com/research/2wwndr/global_geopolymer?w=4
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 11/22/2018 07:28 AM/DISC: 11/22/2018 07:27 AM