You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN, Feb. 22, 2021 /PRNewswire/ -- The "Geopolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global geopolymer market reached a value of US$ 4.56 Billion in 2020. Looking forward, the publisher expects the global geopolymer market to exhibit strong growth during the next five yearsGeopolymers are inorganic ceramic materials characterized by networks of mineral molecules linked with covalent bonds. They can be classified into two groups, namely, pure inorganic and hybrid (organic-inorganic) geopolymers. Although geopolymers like obsidian occur naturally, they can also be synthesized chemically. Geopolymers have an amorphous microstructure at room temperature owing to which they have high heat resistance and can be used for thermal insulation. Commercially produced geopolymers are currently used in fire and heat resistant coatings and adhesives, medicinal applications, high-temperature ceramics, and toxic and radioactive waste encapsulation. Global Geopolymer Market Drivers Geopolymers offer advantages such as high strength, ultra-porosity, low drying shrinkage, low creep and acid resistance. On account of these properties, they are used to substitute Portland cement as a binder in concrete. They are also utilized for repairing bridges, tunnels, roads, and in the rehabilitation of pipes and structures in the civil infrastructure, oil and gas, and chemical industries. Moreover, geopolymers are cheaper than Portland cement, and their production emits lesser carbon dioxide. With rising environmental regulations and emission strain on the cement industry, the demand for geopolymers is increasing. Furthermore, factors such as technological developments and innovations in the construction sector are also contributing to the growth of the global geopolymer market. Market Summary: Based on the application, the market has been segmented into cement and concrete, furnace and reactor insulators, composites, and decorative artifacts. The cement and concrete segment currently accounts for the largest share. On the basis of end-use industries, the market has been segmented into building construction, infrastructure, industrial, art and decoration, and others. Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global share. The competitive landscape of the market has also been examined with some of the key players being Imerys Group / Ags Argil's & Mineraux, Milliken & Company Inc., PCI Augsburg GMBH, DowDuPont, Rocla, Wagners, Universal Enterprise, Schlumberger Ltd, Murray & Roberts Cementation Co. Ltd, Banah UK Ltd, Zeobond Pty Ltd, Uretek, BASF, Corning Inc., Nu-Core and Pyromeral Systems. Key Questions Answered in This Report: How has the global geopolymer market performed so far and how will it perform in the coming years? What are the key regional markets in the global geopolymer industry? What has been the impact of COVID-19 on the global geopolymer market? What is the breakup of the global geopolymer market on the basis of application? What is the breakup of the global geopolymer market on the basis of end-use industry? What are the various stages in the value chain of the global geopolymer market? What are the key driving factors and challenges in the global geopolymer market? What is the structure of the global geopolymer market and who are the key players? What is the degree of competition in the global geopolymer market? How are geopolymers manufactured? Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.4 Market Estimation2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Properties4.3 Key Industry Trends5 Global Geopolymer Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Breakup by Application5.5 Market Breakup by End-Use Industry5.6 Market Breakup by Region5.7 Market Forecast6 Market Breakup by Application6.1 Cement and Concrete6.2 Furnace and Reactor Insulators6.3 Composites6.4 Decorative Artifacts7 Market Breakup by End-Use Industry7.1 Building Construction7.2 Infrastructure7.3 Industrial7.4 Art and Decoration7.5 Others8 Market Breakup by Region8.1 Asia Pacific8.2 Europe8.3 North America8.4 Middle East and Africa8.5 Latin America9 Global Geopolymer Industry: SWOT Analysis9.1 Overview9.2 Strengths9.3 Weaknesses9.4 Opportunities9.5 Threats10 Global Geopolymer Industry: Value Chain Analysis10.1 Overview10.2 Research and Development10.3 Raw Material Procurement10.4 Manufacturing10.5 Marketing10.6 Distribution10.7 End-Use11 Global Geopolymer Industry: Porters Five Forces Analysis11.1 Overview11.2 Bargaining Power of Buyers11.3 Bargaining Power of Suppliers11.4 Degree of Competition11.5 Threat of New Entrants11.6 Threat of Substitutes12 Global Geopolymer Industry: Price Analysis12.1 Price Indicators12.2 Price Structure12.3 Margin Analysis13 Geopolymer Manufacturing Process13.1 Product Overview13.2 Raw Material Requirements13.3 Manufacturing Process13.4 Key Success and Risk Factors14 Competitive Landscape14.1 Market Structure14.2 Key Players14.3 Profiles of Key Players Imerys Group / Ags Argil's & Mineraux Milliken & Company Inc. PCI Augsburg GMBH DowDuPont Rocla Wagners Universal Enterprise Schlumberger Ltd Murray & Roberts Cementation Co. Ltd Banah UK Ltd Zeobond Pty Ltd Uretek BASF Corning Inc. Nu-Core and Pyromeral Systems For more information about this report visit https://www.researchandmarkets.com/r/nq22to Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Global Geopolymer Markets, 2021-2026: Technological Developments and Innovations in Construction are Contributing to Growth