SAN FRANCISCO , June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Geopolymers - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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What's New for 2022?
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Edition: 5; Released: January 2022
Executive Pool: 2912
Companies: 42 - Players covered include BASF SE; Corning, Inc.; DowDuPont, Inc.; Geobeton LLC; Milliken Infrastructures Solutions, LLC; Pci Augsburg GmbH; Wagners; Zeobond Pty Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Application (Cement, Concrete, and Precast Panels, Grouts and Binders, Other Applications); End-Use (Buildings, Transportation Infrastructure, Coating Applications, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Geopolymers Market to Reach $36.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Geopolymers estimated at US$6.1 Billion, is projected to reach a revised size of US$36.4 Billion by 2026, growing at a CAGR of 34.1% over the analysis period. Cement, Concrete, and Precast Panels, one of the segments analyzed in the report, is projected to record a 33.5% CAGR and reach US$38 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Grouts and Binders segment is readjusted to a revised 35.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion in 2021, While China is Forecast to Reach $9.1 Billion by 2026
The Geopolymers market in the U.S. is estimated at US$2.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.1 Billion by the year 2026 trailing a CAGR of 42% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.2% and 31.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 29.2% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.