The global geopolymer market was valued at US$3.832 billion in 2017 and is projected to expand at a CAGR of 29.73% over the forecast period to reach US$18.265 billion by 2023. Geopolymers are inorganic ceramic materials that form a long-range noncrystalline network. Geopolymers typically have high heat and fire resistance which is increasing their adoption. Moreover, the rapid infrastructure development, more specifically in the emerging economies, is driving the growth of the global geopolymer market. Moreover, the growing application of geopolymer is supplementing the growth of the market.
The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.
This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities that exist in the current market. This section of the report also provides industry regulation as a whole; key industry, global and regional regulations which are determining the market growth, and a brief technological aspect of geopolymer. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.
Key industry players profiled as part of this report are Wagner, BASF, The Dow Chemical Company, and Corning Inc. among others.
Segments covered under the global geopolymer market report are as below:
By End User
Middle East and Africa
Frequently Asked Questions (FAQs)
Q1. What is the size of global geopolymer market?
A1. Geopolymer market was valued at US$3.832 billion in 2017.
Q2. What are the growth prospects for geopolymer market?
A2. The global geopolymer market is projected to expand at a CAGR of 29.73% during the forecast period.
Q3. What will be the geopolymer market size by 2023?
A3. The geopolymer market is projected to reach a total market size of US$18.265 billion by 2023.
Q4. What factors are anticipated to drive the geopolymer market growth?
A4. The rapid infrastructure development, more specifically in the emerging economies, is driving the growth of the global geopolymer market.
Q5. How is the global geopolymer market segmented?
A5. The geopolymer market has been segmented by product, end-user, and geography.