London, 23 September 2015 – Technavio has published a new report on the global geopolymer market, which is expected to grow at a CAGR of nearly 34% from 2015-2019.
About the Report
As per the new market research report by Technavio, there is massive acceptance of geopolymer cement in recent years as it is considered to be the most preferable alternative to conventional Portland cement, which can be particularly used in offshore buildings, certain constructions, and transportation infrastructures.
“Geopolymer cement has high tensile strength and less brittleness than ordinary cement and can withstand earth tectonic plate movements, which makes it the most viable substitute to Portland cement,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the increased prominence of European Union emissions trading scheme (EU ETS), which is one of the largest greenhouse gas emissions trading schemes.
“Construction and power generating companies, which are among the largest producers of greenhouse gases, are actively seeking to reduce their carbon footprint to take advantage of the ETS. Therefore, the increase in prominence of ETS is expected to significantly contribute to the geopolymer market growth,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global geopolymer market from 2015-2019. To calculate the market size, the report considers revenue generated through the sale of geopolymers in various applications by vendors.
Key Information Covered in the Report:
Key Vendors:
- BASF
- Corning
- Dow Chemical
- Nu-core
- Schlumberger
- Wagners
Market Growth Drivers:
- Rise as viable alternative to conventional Portland cement
- For a full detailed list, view our report.
Market Challenges:
- Limitations of geopolymer concrete
- For a full detailed list, view our report.
Market Trends:
- Increased prominence of EU ETS
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
