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Geopolymers - Global Market Trajectory & Analytics

  • ID: 5140882
  • Report
  • April 2021
  • Region: Global
  • 282 pages
  • Global Industry Analysts, Inc
Global Geopolymers Market to Reach $47.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Geopolymers estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$47.6 Billion by 2027, growing at a CAGR of 34.1% over the analysis period 2020-2027. Cement, Concrete, and Precast Panels, one of the segments analyzed in the report, is projected to record a 33.5% CAGR and reach US$38 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Grouts and Binders segment is readjusted to a revised 35.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 42.2% CAGR

The Geopolymers market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$12.7 Billion by the year 2027 trailing a CAGR of 42% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.2% and 31.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 29.2% CAGR.

Other Applications Segment to Record 39.4% CAGR

In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 38.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$330.1 Million in the year 2020 will reach a projected size of US$3.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.7 Billion by the year 2027, while Latin America will expand at a 40.7% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Corning, Inc.
  • DowDuPont, Inc.
  • Geobeton LLC
  • Milliken Infrastructures Solutions, LLC
  • Pci Augsburg GmbH
  • Wagners
  • Zeobond Pty Ltd.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession

  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown