growing number of production units. Different types of geopolymers available in the market include polymer
concrete and binder.
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The market is broadly categorized into three major segments based on the application type such as
transportation sector, building & construction industry and offshore sector. The building & construction
segment is growing rapidly in the geopolymer market with substantial revenue generation in the last few years.
Growing popularity of geopolymers in the building & construction segment is attributed to unique properties of
geopolymers such rapid setting fill, easy to use and lower cost. The transportation sector segment has also
witnessed substantial growth owing to the rising infrastructural spending by local governments.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest techniques in building
& construction industry, surge in number of research & development activities in the region and existence of
well-established industrial infrastructure.
Asia-Pacific region is estimated to hold major share in the geopolymer market with massive growth in forecast
period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic
growth, rising infrastructural spending, and significant investment by leading industry players considering
potential growth opportunities in the region.
The key players in the geopolymer market are Accumetric LLC, Advanced Technical Resources Industries Pvt.,
Ltd., Alchemy Geopolymer Solutions LLC, Allied Foam Tech Co., Ask Chemicals GmbH, Banah Ltd., BPS
Engineering GmbH, Calera Co., Calstar Products, Inc., and Ceramatec, Inc.
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