Market Introduction
The South and Central America 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 South and Central America 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 South and Central America 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 South and Central America. 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 South and Central America metakaolin market over the forecast period.
The COVID-19 pandemic has severely impacted the construction industry across South and Central America due to a decline in construction activities. Governments across the region have implemented several preventive measures to protect their residents and limit the spread of the novel coronavirus. South and Central America are expected to have a lower export revenue in the coming months as commodity prices and export volumes fall, particularly to China, Europe, and the US, which are significant trading partners. Limitations on trading activities have adversely affected demand for metakaolin from concrete and ceramic-producing industries across the region. However, shortage of construction supplies, rising construction materials costs, and growing political and fiscal risks are the factors restraining the growth of the construction industry across the region. Thus, moderate growth of the construction industry is expected to affect the growth of the metakaolin market in the region during the forecast period. However, the rising government's efforts to facilitate foreign and private sector investment in infrastructural development are expected to open potential growth opportunities for the metakaolin market in the future.
Market Overview and Dynamics
The metakaolin market in South and Central America is expected to grow from US$ 119.00 million in 2021 to US$ 169.53 million by 2028; it is estimated to grow at a CAGR of 5.2% 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 South and Central America metakaolin market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the South and Central America 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.; and W. R. Grace & Co.
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South and Central America Metakaolin Market Segmentation
South and Central America Metakaolin Market – By ApplicationSouth and Central America Metakaolin Market – By Country
South and Central America Metakaolin Market – Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 119.00 Million |
| Market Size by 2028 | US$ 169.53 Million |
| CAGR (2021 - 2028) | 5.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South and Central America Metakaolin Market is valued at US$ 119.00 Million in 2021, it is projected to reach US$ 169.53 Million by 2028.
As per our report South and Central America Metakaolin Market, the market size is valued at US$ 119.00 Million in 2021, projecting it to reach US$ 169.53 Million by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.
The South and Central America 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 South and Central America Metakaolin Market report:
The South and Central America Metakaolin Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South and Central America Metakaolin Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South and Central America Metakaolin Market value chain can benefit from the information contained in a comprehensive market report.
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