Published On
Sep 2021
Report : North America Metakaolin Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Ceramics, Mortars and Concrete Admixtures, Refractories, and Others)
Rising Focus on Sustainable Building Materials to Escalate Metakaolin Market Growth During 2021–2028
According to our latest market study on “North America Metakaolin Market Forecast to 2028 – COVID-19 Impact and Analysis – by Application (Ceramics, Mortars and Concrete Admixtures, Refractories, and Others),” the market is expected to grow from US$ 165.95 Million in 2020 to US$ 233.24 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. The report highlights key driving factors and prominent market players along with their developments in the market.
Metakaolin is an anhydrous calcined form of the clay mineral kaolinite. It is an effective pozzolanic material, which is used as an alternative for cement in concrete. Metakaolin is a product that is manufactured for consumption rather than being a by-product and is formed when china clay, the mineral kaolin, is heated at a temperature between 600 and 800ºC. The quality of metakaolin can be controlled during manufacture, which results in a much less variable material. Metakaolin is used in various applications, such as ceramics, mortars and concrete admixtures, refractories, and others.
Widespread adoption of new building standards, which are aimed at reducing greenhouse gas emissions, propels the demand for sustainable construction materials. According to Center for Climate and Energy Solutions, in 2015, the carbon-dioxide (CO2) emissions from fossil-fuel combustion in the US building sector generated 565.8 million metric tons of carbon dioxide equivalent (MMtCO2e) in direct emissions, which is ~8.6% of total greenhouse gas emissions in the US, making the construction and building industry the fourth-highest CO2 emitting industry in the US. According to the US Environmental Protection Agency, the production of portland cement emits ~1 ton of carbon dioxide (CO2) per ton of cement, accounting for around 6% of total man-made global CO2 emissions. Metakaolin is a highly reactive pozzolan, which works well when combined with slag or flyash, allowing larger cement replacements to be achieved, resulting in an environmentally friendly concrete. It is a naturally produced material. Also, it does not release pollutants like traditional cement and is mostly used by builders to reduce carbon emissions. Metakaolin has various characteristics that provide environmental benefits, such as less energy consumption, emission reduction, and the potential to be recycled and reused, which make metakaolin a sustainable construction material that is a preferred choice for a variety of applications. Metakaolin also increases the durability of the concrete to sulfate attack, chloride ingress, and alkali-silica reaction, thus increasing sustainability through increased service life. Thus, increased demand for sustainable and environmentally-friendly construction material from the North America building and construction industry fuels the growth of the metakaolin market in North America.
The ongoing COVID-19 pandemic has drastically changed the status of the chemical & industrial industry and has hampered the growth of the North America metakaolin market. Implementing measures to combat the spread of the novel coronavirus that causes COVID-19 has aggravated the situation and negatively influenced the development of several industries. Industries, such as building and construction and oil & gas, have been impacted by the sudden distortion in operational efficiencies and disruptions in the value chains due to the sudden closure of national and international boundaries. The rising demand for modular buildings due to increased COVID-19 cases and the need for healthcare and quarantine buildings/units positively impact the North America metakaolin market growth. Besides, North America is planning to revive its operations. Hence, the demand for metakaolin is expected to rise in the coming months. Effective measures taken by the government to support the construction sector are anticipated to create the demand for metakaolin in the coming years. Also, the market is reviving on account of substantial measures undertaken by the government, such as vaccination drives. With economic recovery, many industrial sectors are strategically planning to invest in advanced products to maximize revenue. This is expected to provide impetus to the North America metakaolin market growth during the forecast period.
BASF SE; Burgess Pigment Company; Imerys S.A.; W. R. Grace & Co.; Nanoshel LLC; MS Industries II, LLC; Silica Systems Inc.; Dennert Poraver GMBH; Thiele Kaolin Company; and I-Minerals Inc. are among the well-established players in the North America metakaolin market. The market players are adopting strategies such as product developments, plant expansions, and mergers and acquisitions to expand their footprint across the world and meet the growing demand from end users. For instance, in July 2021, to optimize the concrete mix design, the MetaMax of BASF was launched to replace silica fume. MetaMax is a unique pozzolanic admixture that enhances the strength, workability, durability, and the overall performance of the concrete. It lessens the risk of damaging processes like alkali-silica reaction and efflorescence, which can deteriorate and crack concrete. With the i-395 infrastructure project, BASF Kaolin has proven that MetaMax is a viable component for large-scale, ready-mix construction projects.
North America Metakaolin Market – Regional Overview
The report segments the North America metakaolin market as follows:
Based on application, the North America metakaolin market is segmented into ceramics, mortars and concrete admixtures, refractories, and others. By country, the market is segmented into the US, Canada, and Mexico.
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Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com
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