Global Geopolymer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Geopolymer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Geopolymers are inorganic polymer concrete, which belong to a novel class of cementitious materials. They can be mixtures of compounds that consist of repeating units of silico-aluminate (-Si-O-Al-O-), silico-oxide (Si-O-Si-O-), alumino-phosphate (-Al-O-P-O-), or ferro-silico-aluminate (-Fe-O-Si-O-AlO-). A reaction between aluminosilicate oxides and alkali metal silicate solutions results in polymeric structures that may be amorphous or semi-crystalline geopolymers. The process of geopolymerization converts waste alumino-silicate materials into precast structures, non-structural elements, and concrete pavements, which has minimal effects on the environment. Geopolymers are chemically similar to ordinary Portland cement.

Market Overview:

The latest research study on the global Geopolymer market finds that the global Geopolymer market reached a value of USD 9456.19 million in 2022. It’s expected that the market will achieve USD 35504.86 million by 2028, exhibiting a CAGR of 24.67% during the forecast period.

High-tech industry

Strong reliance on technology, at the beginning, a large amount of R&D investment is needed, and it is necessary to study and accumulate in order to improve the quality of geopolymer products. At present, performance of geopolymer product is still not very stable, which constrain its development in some certain.

Higher raw material costs

The high cost of raw materials leads to no cost advantage compared to the traditional Portland cement competition, which largely restricts the marketization of geopolymer products.

Huge downstream application market

Geopolymer downstream applications include transportation, construction and automobiles & aerospace, etc. These areas are huge markets. For emerging countries such as China and India, these industries are developing rapidly and the downstream market has huge demand.

Government policy support

With the growing awareness of the government and people on environmental protection, restrictions on pollutant discharges have become increasingly stringent in all countries. The requirements for energy-saving and emission-reduction in the cement industry have become higher and higher, and geopolymer that can consume a large amount of industrial waste and has a low CO2 emission will receive more and more attention.

Region Overview:

From 2022-2027, China is estimated to witness robust growth prospects.

Company Overview:

PCI Augsburg GmbH (BASF) is one of the major players operating in the Geopolymer market, holding a share of 15.22% in 2022.

PCI Augsburg GmbH (BASF)

PCI Augsburg GmbH (BASF) manufactures and supplies construction chemicals in Germany and internationally. It offers powder and dispersion products; tile adhesives, joint grouts, and leveling compounds; construction chemical products; and powder products, sealants, silicones, reaction resins, and bitumen compounds. The company also provides products in the areas of tanking measures at structures; concrete repair systems/repair mortars; floor leveling compounds/screeds/coatings; joint sealants; tile fixing products and wet room solutions for spas and pools; gardening and landscaping products; special products; and cleaning agents and additional products.

Milliken Infrastructure Solutions

Milliken Infrastructure Solutions manufactures specialty chemicals, floor coverings, and performance materials. The company offers additives, carpet cleaning, coatings, colorants, specialty chemicals, specialty silicones, and other products for applications in appliances, automotive and transportations, building and construction, carpet care, children’s art products, electronics, furniture and beddings, home and fabric care, industrial and institutional, medical, optics, packaging, plastics, polymer modifiers, silicones, specialty intermediaries, textiles, and turf and agricultural areas.

Segmentation Overview:

Among different product types, Geopolymer Cement & Concrete segment is anticipated to contribute the largest market share in 2027.

Geopolymer Binder

Geopolymer binders may be made from a variety of alumino-silicate sources. Due to its strong barrier properties, it can be used as a sealing material forhigh-temperaturee resistance.

Geopolymer Cement & Concrete

Geopolymer cement is a new kind of cement that uses a different chemistry to that found in traditional Ordinary Portland Cement (OPC). A geopolymer is made by activating amorphous alumino-silicate materials, such as fly ash and slag, with alkali-based chemicals such as sodium hydroxide and sodium silicate. Geopolymer cement does not need to contain OPC to work. Geopolymer Concrete is a mixture of cement and sand.

Application Overview:

The market's largest segment by application is the segment Transportation, with a market share of 43.9% in 2021.

Key Companies in the global Geopolymer market covered in Chapter 3:

ASK Chemicals
Banah UK
Wagners
PCI Augsburg GmbH (BASF)
Zeobond
INOMAT GmbH
Alchemy Geopolymer
Ecocem (Ireland)
KIRAN GLOBAL
Schlumberger (EverCRETE)
Ceske lupkove zavody
PYROMERAL
Milliken Infrastructure Solutions
RENCA

In Chapter 4 and Chapter 14.2, on the basis of types, the Geopolymer market from 2018 to 2029 is primarily split into:

Geopolymer Binder
Geopolymer Cement & Concrete
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Geopolymer market from 2018 to 2029 covers:

Transportation
Building Materials
Automotive and Aerospace Industries
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)