The South America Metakaolin Market valued at US$ 6,875.3 thousand in 2018 and is expected to grow at a CAGR of 4.5% during the forecast period 2019 – 2027, to generate US$ 10,203.3 thousand by 2027.
There is an increasing demand for housing and infrastructure with the rapid growth in population and global economy. As the demand for infrastructure rises the demand for construction materials such as cement, concrete admixtures, and ceramic tiles also increases. The construction industry widely accepts metakaolin as a substitute to concrete mixes for technical, economic and environmental reasons. The demand for South America metakaolin market is expected to be driven by increased infrastructure growth and high investments in the construction sector. The key factors that drive the metakaolin market in South America include the recovery of the construction sector, a surge in public-private partnerships, and rapid urbanization in developed and developing countries.
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Germany is dominating the Metakaolin market in terms of adoption, which in turn boost the demand for Metakaolin market. Germany is a highly industrialized country, and its economically leading industries include chemicals, automotive, electronics, and food & beverages. Through its economic and innovation policies, the country focuses on the digital economy; digital infrastructure; innovative public administration; digital workplaces; digital environments in society, science, research, education, security, protection, culture, and media; and South Americaan and international dimension of the Digital Agenda. Also, Germany is a significant FinTech market in South America and the fourth-largest in the world. On the back of such developed ICT and FinTech sector, the demand for Metakaolin is anticipated to flourish during the forecast period.
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SOUTH AMERICA METAKAOLIN MARKET – SEGMENTATION
South America Metakaolin Market – By Application
South America Metakaolin Market – By Country
Rest of SAM
Arcillas Refractarias SA
Burgess Pigment Company
Dennert Poraver GmbH
Metacaulim do Brasil
- R. Grace & Co.
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