A geopolymer is a chemical compound or a mixture of compounds that consist of repeating units of compounds like 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-Al-O-). These mineral compounds, prepared through geopolymerization, are formed at room temperature by the usage of industrial waste or with the help of by-products of other compounds. These materials, on account of their environmental friendliness, are increasingly being used in various construction and industrial applications by organizations and institutions that are actively seeking to reduce the carbon footprint, without much compromise in performance.
Technavio's analysts forecast the global geopolymer market to grow at a CAGR of 33.73% over the period 2014-2019.
Covered in this report
Technavio’s report, Global Geoploymer Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different application segments, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.The report presents data on the following segments of the market:
Technavio Announces the Publication of its Research Report – Global Geopolymer Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Geopolymer Market: BASF, CORNING, Dow Chemicals, Nu-core, Schlumberger Limited and Wagner Global
Other Prominent Vendors in the market are: AIR BUS, ASK Chemicals, Milliken and Company, PYROMERAL Systems and Zeobond
Commenting on the report, an analyst from Technavio’s team said: “Construction and power generating companies, which are among the largest producers of greenhouse gases, are actively seeking to reduce their carbon footprint to take advantage of the ETS. The usage of environmentally friendly materials instead of conventional construction materials reduces the carbon footprint. Geopolymer stands as the preferred construction material in this context as it exhibits significant reduction in carbon footprint without compromise in performance. We therefore expect the increase in prominence of ETS to positively contribute to the geopolymer demand, especially in construction and industrial applications.”
According to the report, there is huge acceptance of geopolymer cement in recent years as it is considered to be the most preferable alternative to conventional Portland cement, which can be particularly used in offshore buildings, certain constructions, and transportation infrastructures.
Further, the report states that despite being the most viable substitute of traditional Portland cement, there are some disadvantages restraining customers from adopting geopolymers in the construction industry.
BASF, CORNING, Dow Chemicals, Nu-core, Schlumberger Limited,Wagner Global, AIR BUS, ASK Chemicals, Milliken and Company, PYROMERAL Systems, Zeobond
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