According to IMARC Group’s latest report, titled “Europe Geopolymer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Europe geopolymer market exhibited robust growth during 2015-2020. Geopolymers refer to inorganic ceramic materials that comprise mineral molecules linked with covalent bonds. Apart from occurring naturally, these substances can be synthesized chemically by combining source materials that are rich in silica and alumina. They offer excellent thermal insulation and fire resistance, due to which they are increasingly utilized in high-temperature ceramics, fire and heat resistant coatings and adhesives, and medicinal applications.
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The market in Europe is majorly driven by significant growth in the construction sector. Since geopolymers are extensively utilized as a binder in construction work to minimize the usage of natural resources and reduce carbon dioxide emissions from cement plants, this is creating a thrust to the market growth. Moreover, a considerable rise in the demand for green concrete and related construction materials on account of an enhanced focus on sustainable development is also creating a positive outlook for the market. Some of the other factors contributing to the market growth include the widespread utilization of slag in the production of geopolymers and extensive research and development (R&D) activities conducted by key players. Looking forward, IMARC Group expects the market to continue its robust growth during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Breakup by Application:
Cement and ConcreteFurnace and Reactor InsulatorsCompositesDecorative ArtifactsBreakup by End Use Industry:
Building ConstructionInfrastructureIndustrialArt and DecorationOthersBreakup by Country:
GermanyFranceUnited KingdomItalySpainOthersAsk Analyst for Customization and Explore full report with TOC & List of Figures: https://bit.ly/3H8HvTx
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Key highlights of the report:
Market Performance (2015-2020)Market Outlook (2021-2026)Market TrendsMarket Drivers and Success FactorsThe Impact of COVID-19 on the Global MarketValue Chain AnalysisStructure of the Global MarketComprehensive mapping of the competitive landscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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