Market Introduction
The Europe metakaolin market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Significant growth of Europe construction industry, growing number of residential and commercial construction projects, and rising emphasis of governments and regulatory bodies on developing green infrastructure for sustainable growth are the factors expected to open lucrative growth opportunities for the Europe metakaolin market in the coming years. In addition, prominent manufacturers of metakaolin, such as BASF SA are expanding their market share across emerging region such as Europe. Furthermore, there has been an increase in the construction of projects by using metakaolin around the region. Furthermore, there has been an increase in the construction of projects by using metakaolin around the region. Thus, the presence of major metakaolin manufacturers and the increased usage of metakaolin in construction projects in countries across the region would create lucrative growth opportunities for the Europe metakaolin market over the forecast period.
The COVID-19 pandemic has severely impacted the construction industry across Europe due to a decline in construction activities. However, businesses are gaining ground as previously imposed limitations are being eased across various locations. Moreover, the introduction of COVID-19 vaccines by governments of different countries has further eased the situation, leading to a rise in business activities across Europe. The governments of different countries are planning to develop modern and technologically advanced infrastructure to mitigate the economic impacts of the COVID-19 pandemic. 5G networks, industrial internet, inter-city transportation and inner-city rail systems, data centers, artificial intelligence (AI), ultra-high voltage, and electric vehicle charging stations will be the emphasis of new infrastructure initiatives. Such initiatives are significantly contributing to the growth of the construction industry, thereby boosting the demand for metakaolin. Thus, the market is expected to grow significantly in the coming years amid the impacts of the COVID-19 pandemic.
Market Overview and Dynamics
The metakaolin market in Europe is expected to grow from US$ 152.25 million in 2021 to US$ 224.57 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. There has been a rise in the trend of 3D printing with concrete in recent years, which is one of the niche areas of additive manufacturing. Concrete 3D printing optimizes the material use and reduces costs and wastes in the process. To formulate a cement mixture having superior mechanical and printability properties, researchers are focusing on the use of calcined clay for concrete 3D printing. Calcined clay has excellent compressive strength and is cost-efficient, which makes it a suitable alternative to standard concrete. Various studies have used metakaolin-based alkali-activated concrete for 3D printing due to its dimensional integrity and valuable mechanical behaviour. Thus, the increase in studies regarding the use of metakaolin geopolymer for 3D printing would increase the usage of metakaolin in the 3D printing industry in the coming years.
Key Market Segments
Based on application, the mortar and concrete admixtures segment accounted for the largest share of the Europe metakaolin market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe metakaolin market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Nanoshel LLC; BASF SE; Burgess Pigment Company; Imerys S.A.; W. R. Grace & Co. and Dennert Poraver GmbH.
Reasons to buy report
Europe Metakaolin Market Segmentation
Europe Metakaolin Market – By Application
Europe Metakaolin Market – By Country
Europe Metakaolin Market – Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 152.25 Million |
| Market Size by 2028 | US$ 224.57 Million |
| CAGR (2021 - 2028) | 5.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Metakaolin Market is valued at US$ 152.25 Million in 2021, it is projected to reach US$ 224.57 Million by 2028.
As per our report Europe Metakaolin Market, the market size is valued at US$ 152.25 Million in 2021, projecting it to reach US$ 224.57 Million by 2028. This translates to a CAGR of approximately 5.7% during the forecast period.
The Europe Metakaolin Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Metakaolin Market report:
The Europe Metakaolin Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Metakaolin Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Metakaolin Market value chain can benefit from the information contained in a comprehensive market report.
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