Geosynthetics Market is expected to reach US$ 24.39 Bn. in 2029, with a CAGR of 6.14% for the period 2023-2029, because of growing demand from construction industry.
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Geosynthetics Market Report Scope and Research Methodology
The Geosynthetics Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Geosynthetics Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Geosynthetics market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Geosynthetics market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Geosynthetics market size, the bottom-up approach was used.
Geosynthetics Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail.
Market Segmentation
The geosynthetics market is divided into sub-segments based on the product type segment: Geotextiles, Geomembranes, Geogrids, Geofoam, Geonets, and Others. With 48.7% of global sales in 2022, the geotextile product sector dominated the market. Because they can aid in separating soil layers from the subsoil while allowing subsurface water to flow freely, geotextiles are employed in the construction of railway lines.
Due to greater awareness of the product’s use as floating reservoir covers to control evaporation, minimise VOC emissions, and lessen the need for drainage and cleaning, geomembranes are predicted to expand in revenue from 2022 to 2029 at a CAGR of 4.7%.
Geogrids are being used more frequently to reinforce the structural foundation over soft soils in the construction of railway and road infrastructure because of their exceptional carrying capacity. Additionally, geogrids are used to support bridges and abutments for railway tracks in retaining walls. Therefore, it is probable that the aforementioned factors will accelerate market expansion in the upcoming years.
In landfill leachate collection, foundation wall drainage systems, road and pavement drainage systems and methane gas collection, geonets are employed as separating media. Furthermore, it is anticipated that increasing the product’s penetration in erosion control due to its abilities to limit surface runoff will assist segment growth.
Market Key Players
1. GSE Holdings, Inc.
2. Koninklijke Ten Cate N.V.
3. Officine Maccaferri S.p.A.
4. NAUE GmbH & Co. KG
5. Propex Operating Company, LLC
6. Low and Bonar PLC
7. TENAX Group
8. Fibertex Nonwovens A/S
9. Global Synthetics
10.AGRU America
11.TYPAR
12.HUESKER Group
13.PRS Geo-Technologies
14.Tensar International Corporation
15.Solmax
16.Others
Geosynthetics Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
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Key questions answered in the Geosynthetics Market are:
- What is Geosynthetics?
- What are the global trends in the Geosynthetics Market?
- What was the Geosynthetics Total Market size in 2022?
- What is expected Geosynthetics Market size by 2029?
- Who held the largest market share in Market?
- Who are the leading companies and what are their portfolios in Market?
- What are the major challenges that the Geosynthetics Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
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