Geotextiles Market Forecast, Size and Gross Margin Analysis by 2030

 Geotextiles Industry Overview

The global geotextiles market size was estimated at USD 6.72 billion in 2021 and is expected to register a CAGR of 6.5% in the forecast period. 

Increased usage of geotextiles in a wide range of construction applications including roads, landfills, drainage structures, and harbors to enhance soil stabilization is anticipated to drive market growth over the forecast period. The extended lifespan and cost-effectiveness of geotextiles, coupled with growing environmental concerns regarding soil erosion, are projected to drive the demand for geotextiles. Promotional policies and initiatives by regulatory bodies have helped increase awareness regarding the benefits of geotextiles, thereby positively impacting the market growth.

Gather more insights about the market drivers, restrains and growth of the Global Geotextiles Market

The increase in the usage of geotextiles in a wide range of construction applications in the U.S. such as drainage structures, harbors roads, and landfills with the purpose of enhancing the soil stabilization. In addition, the rise in adoption of the product owning to the extended lifespan and cost-effectiveness accelerate the market growth.

Woven geotextiles are manufactured from individual threads including fibrillated yarns, monofilaments, or slit films that are woven together to provide high load capacity for road construction applications. The long lifespan of these fabrics, coupled with their resistance to corrosion, drives their use for long-term applications.

In European economies such as Germany and U.K., manufacturers are required to comply with the stringent regulations established by governing bodies, which state the specific characteristics of the types of geotextiles and the applications they are most suitable for. The favorable regulatory framework for the application of these products, especially in erosion prevention applications, is likely to drive market growth.

The increased government spending on One Belt, One Road (OBOR) project in China is likely to have a positive impact on the infrastructural development in the country. The ample availability of usable land is expected to increase infrastructural activities in the country. The Chinese government has made considerable investments in infrastructure projects, which would subsequently drive the demand for geotextiles in the country.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

  • Mining Equipment Market - The global mining equipment market size was estimated at USD 129.11 billion in 2021 and is anticipated to expand at a compounded annual growth rate (CAGR) of 5.1% from 2022 to 2030.
  • Composites Market - The global composites market size was estimated at USD 89.32 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 7.0% from 2022 - 2030.

Geotextiles Market Segmentation

Grand View Research has segmented the global geotextiles market on the basis of product, material, application, and region:

  • Geotextile Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
    • Non-woven
    • Woven
    • Others
  • Geotextile Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
    • Polypropylene
    • Polyester
    • Polyethylene
    • Others
  • Geotextile Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
    • Road Construction
    • Erosion Prevention
    • Drainage
    • Others
  • Geotextile Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
    • North America
    • Europe
    • Asia Pacific
    • Central & South America
    • Middle East & Africa (MEA)

Key Companies profiled:

Some prominent players in the global Geotextiles market include

  • Koninklijke Ten Cate B.V.
  • GSE Holdings, Inc.
  • NAUE GmbH & Co. KG
  • Officine Maccaferri S.p.A.
  • Low and Bonar PLC
  • Propex Operating Company, LLC
  • Fibertex Nonwovens A/S
  • TENAX Group
  • AGRU America
  • Global Synthetics
  • HUESKER Group
  • TYPAR
  • Machina-TST
  • Gayatri Polymers & Geo-synthetics

Order a free sample PDF of the Geotextiles Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

Spinal Implants & Devices Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Spinal Implants & Devices Industry Overview The global  Spinal Implants & Devices Market  size is expected to reach USD 19.0 billion by 2030 and is expected to expand at a CAGR of 5.2% in the forecast period, from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing number of vehicular accidents is leading to increasing new cases of spinal cord injuries (SCIs). Other causes of SCIs include falls, violence, acts of violence, sports and recreation injuries, and diseases. Vehicular or road accidents and falls account for the majority of SCI cases. Fall-induced SCI is common among people aged 65 years and above. Acts of violence such as gunshot wounds or knife wounds account for around 12% of SCI cases. Sports activities such as diving in shallow water and impact sports lead to nearly 10% of SCIs. Cancer, osteoporosis, arthritis, and inflammation of the spinal cord also cause SCI. Based on National Spinal Cord Injury Statistical Center data, around 296
Read more

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust and were larg
Read more

Coffee Roasters Market Insights, Growth Factors and Forecast Analysis till 2025

Image
01 st November 2018 - Global Coffee Roasters Market is segmented on the basis of energy source, flavor, product type, mode of operation, application and region. Coffee is one of the world’s most popular beverages. Coffee roaster is a machine for coffee roasting. Roasting coffee does transform the physical and chemical properties of green coffee beans into various roasted coffee products. The process of roasting gives typical flavor of coffee by causing green coffee beans to expand and change in taste, color, density, and smell. Raw beans do contain similar protein, acids, and caffeine as those that have been roasted, but lag behind as far as taste is concerned. Request a Sample Copy of Coffee Roasters Market Report @ https://www.millioninsights.com/industry-reports/coffee-roasters-market/request-sample Majority of coffee is roasted commercially on a large scale, but some coffee drinkers roast coffee at home for exercising more control over the flavor and freshness profil
Read more