Global Geopolymers Market 2017-2021
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, that has minimal effects on the environment. Geopolymers are chemically similar to ordinary Portland cement, and geopolymer binders can easily replace (fully or partially) ordinary Portland cement due to its similar benefits. The main advantage of geopolymer binder over ordinary Portland cement is its low carbon dioxide emissions, which is almost 80%-90% lower.
Technavio’s analysts forecast the global geopolymers market to grow at a CAGR of 33.84% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global geopolymers market for 2017-2021. To calculate the market size, the report considers the sales of geopolymers for key applications such as cement and concrete, furnace and reactor insulators, composites, and decorative artifacts.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Geopolymers Market 2017-2021
Technavio recognizes the following companies as the key players in the global geopolymers market: BASF, Geobeton, Nu-core, Wagners, and Zeobond
Other Prominent Vendors in the market are: ASK Chemicals, Milliken & Company, and The Dow Chemical.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing prominence of EU ETS. Since the inception of the EU, there have been intense discussions over the implementation of a uniform tax code under Environmental Tax Reforms (ETRs) or the introduction of a comprehensive incentive scheme for emission reduction. The EU Emissions Trading Scheme (ETS), which was launched in 2005, is one of the largest greenhouse gas emission trading schemes. Institutions participating in the scheme are set a maximum cap on emissions, and allowances are allocated. These allowances are auctioned off and subsequently traded. Implementation of this scheme has resulted in a reduction in greenhouse gas emissions in the region.”
According to the report, one of the major drivers for this market is Economic benefits of geopolymer concrete. Compared with Portland cement concrete, geopolymer concrete offers several economic benefits. The cost of one metric ton of fly ash or blast furnace slag is only a small fraction of the cost of one metric ton of Portland cement. After adding the cost of alkaline liquids that are required to the make the geopolymer concrete from fly ash or blast furnace slag, the cost of Portland cement concrete still remains higher than geopolymer concrete with similar performance. In addition, geopolymer concrete is a low-carbon alternative to Portland cement concrete.
Further, the report states that one of the major factors hindering the growth of this market is Security of supply of fly ash is still weak. With energy trends shifting away from coal-fired plants, the availability of fly ash has significantly declined. This has presented a challenge for geopolymer concrete manufacturers. Varying degrees of this situation exist where shortages vary by location. As fly ash supply is declining, alternative solutions, including slag, silica fume, and silicon dioxide, are seriously being considered. A part of the long-term solution could be adding these materials to limestone. No matter which option proves to be the most fruitful, now is the time to find the right option before the coal-fired power plant and its byproducts become outdated.
BASF, Geobeton, Nu-core, Wagners, Zeobond, ASK Chemicals, Milliken & Company, The Dow Chemical
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