Market Overview:
The United States geopolymer market size reached US$ 576.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,990.2 Million by 2032, exhibiting a growth rate (CAGR) of 26.28% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 576.9 Million |
Market Forecast in 2032
|
US$ 4,990.2 Million |
Market Growth Rate 2024-2032 |
26.28% |
Geopolymers refer to inorganic ceramic materials synthesized by combining source materials that are rich in silica and alumina. Sodium hydroxide-based geopolymers are found to be more crystalline and stable, whereas geopolymers made with the sodium silicate activator are amorphous and less stable in an acidic medium. They are utilized for medicinal purposes, in fire and heat resistant coatings and adhesives, high-temperature ceramics, and toxic and radioactive waste encapsulations. In the United States, the demand for geopolymers has escalated as they provide numerous advantages like high strength, ultra-porosity, low drying shrinkage, low creep, and acid resistance.
The United States geopolymer market is primarily driven by rising construction, manufacturing, and mining activities. They are also used in various fields like modern inorganic chemistry, mineralogy, physical chemistry, geology, and colloid chemistry. Furthermore, with the growing environmental regulations and emission strain on the cement industry, geopolymers are widely utilized as a substitute for Portland cement for the construction of bridges, tunnels, roads, and other civil infrastructure in the region. Furthermore, factors such as technological developments and innovations in the construction sector and the increasing capital investments made by the major players are positively impacting the market in the United States.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States geopolymer market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on application and end use industry.
Breakup by Application:
- Cement and Concrete
- Furnace and Reactor Insulators
- Composites
- Decorative Artifacts
Breakup by End Use Industry:
- Building Construction
- Infrastructure
- Industrial
- Art and Decoration
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Application, End-Use Industry, Region |
Region Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States geopolymer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States geopolymer market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States geopolymer market and who are the key players?
- What is the degree of competition in the industry?