Geopolymer Market Key Players, Trends, Growth Opportunities
and Industry Forecast till 2021
“Rapid surge in the geopolymer market is attributed to the
growing demand for heat insulating material from
building & construction sector.”
The global geopolymer market is expected to display higher growth rate over the next five years. Rapid surge
in the geopolymer market is attributed to the growing demand for heat insulating material from building &
construction sector. Geopolymers are artificially created, due to which they form long-range covalent bonds
and mostly non-crystalline in nature. Most of geopolymers are typically ceramic in nature with amorphous
networks. Few geopolymers are naturally occurring such as obsidian. Globally, the market is predicted to
generate massive revenue over next five years, providing numerous opportunities for market players to invest
for research and development in the geopolymer market.
Growing demand for geopolymer from construction sector is credited to its unique properties such as rapid
setting fill, easy to use and lower cost. Geopolymers offer rapid setting fill in comparison with other chemical
compounds that expands in to holes and crack. Geopolymer is ideal choice during the repair and rehabilitation
procedures. These factors are anticipated to fuel the growth of the market over the forecast period.
Geopolymers are gaining traction in several construction activities such as rehabilitation of pipes and structures
in public infrastructure sector. Growing demand for geopolymers from gas & oil and chemical industries due to
high strength and ultra-low porosity of the materials. Other applications of geopolymer include repair tunnels,
bridges, roads, rehab buildings, and containment.
Current development in commercial as well as residential housing sector is key trend supporting market growth
in the past few years. Rapid industrialization coupled with rising infrastructural spending are expected to offer
several growth prospects for new market entrants over the coming years. Increasing infrastructural activities in
developing economies such as India, China and Brazil is fostering market demand for geopolymers in the recent
years. Other factors responsible for rapid market growth include increasing the geographical footprint and