MARC Group’s latest research report, titled “Global Geosynthetics Market Report: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global geosynthetics market reached a value of US$ 11.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.99 Billion by 2027, exhibiting at a CAGR of 5.7% during 2022-2027. Geosynthetics are materials made from various polymers, used with geological materials, such as soil and rock, to enhance the behavior of various civil engineering works. These are classified into various products such as geotextile, geogrid, geonet, geomembrane, geocell, geofoam, and geocomposite. Extremely stiff, thick and durable in nature, the increasing usage of geosynthetics significantly improves soil conditions. It also performs a variety of functions, including barrier, drainage, filtration, protection, reinforcement, separation, and stiffening, which assists in improving the overall performance of roadways.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by product, type, material and application.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Geosynthetics Market
- Strategies of major players and product offerings
Global Market Trends:
The global market is primarily driven by the growing awareness regarding the benefits of geosynthetics in civil construction. It helps in strengthening the underlying soil in roadways and railway tracks, thereby favorably impacting the market growth. Furthermore, the rising demand for the product in various environmental projects is positively influencing the market growth. Apart from this, the widespread utilization of non-biodegradable geosynthetic materials due to their long lifespan is creating a positive outlook for the market. Moreover, the adoption of geotextile in the reinforcement of soil due to its compatibility, porosity, permeability, tenacity, turbidity, high tearing and tensile strength is further catalyzing the market’s growth. Additionally, the ongoing large-scale infrastructure projects in developed and developing economies are creating numerous opportunities for the key market players across the globe.
Key Players Included in Global Geosynthetics Market Research Report:
- GEO Synthetics LLC
- Agru America Inc.
- Asahi Kasei Advance Corporation
- Belton Industries
- Polymer Group
- HUESKER inc
- Carthage Mills
- Thrace Group
- Hanes Geo Components
- Tenax Group
- GSE Environmental
- Swicofil AG
- Owens Corning
- Low & Bonar etc.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Market Breakup by Product:
- Geosynthetic Clay Liner (GCL)
- Pre-Fabricated Vertical Drains (PVD)
Market Breakup by Type:
Market Breakup by Material:
- Polyvinyl Chloride
- Synthetic Rubber
Market Breakup by Application:
- Road Construction and Pavement Repair
- Drainage Systems
- Soil Reinforcement and Erosion
- Water and Waste Management
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other
TOC for the Geosynthetics Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Geosynthetics Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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