Global Geosynthetics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

Geosynthetics Market Overview

The Geosynthetics market is expected to index a valuation of $XX million from a value of $XX registered in 2021. Over the course of this forecast timeline, the global scroll & absorption chillers market is slated to index a CAGR of X.X%.

Request Covid - 19 Impact

The analysis will be conducted using expert opinions and inputs, as well as comprehensive primary and secondary research efforts to determine various aspects of the geosynthetics market. Besides revenues for segments, global, regional, and country-wise, market revenue segmentation will be compiled in a scrupulous manner for clear flow and understanding. The global geosynthetics market report will be segmented on the basis of product outlook, and region.

Geosynthetics are synthetic products that are used to stabilize terrain. They are usually polymeric products that are used to solve civil engineering stumbling blocks. They are divided into 8 main product categories – geogrids, geomembranes, geotextiles, geonets, geofoam, geocomposites, geocells, and geosynthetic clay liners.

Geosynthetics Market Dynamics:

The increase in the use of geosynthetics for construction purposes is expected to contribute to reducing our carbon footprint and boosting sustainable development. Furthermore, the surge in the use of geogrids, geotextiles, and geonets in the construction of railroads and roadways helps aid in the comprehensive installation costs of the transport infrastructure.

In congruence with a study carried out by the Food and Agricultural Organization of the United Nations, approximately 33% of the global soil has been eroded in recent times and this has led to the loss in capacity of reservoirs due to silting, slope instability and land loss, to name a few. As such the rising implementation of geosynthetics, especially geotextiles is slated to have a positive impact on the global geosynthetics market.

Several ongoing soil conservation projects being undertaken in countries like Spain, South Africa, Canada, and India are anticipated to augment the sine qua non of geosynthetics over the period of this study. The use of geosynthetics in irrigation and development projects is to regulate seepage issues. It is these seepage issues in canals that result in the amplification of drainage problems.

In terms of application, the use of geotextiles in the reinforcement and stabilization as well as the growing awareness of its advantages are expected to account for significant market growth in the foreseeable future. The use of geonets in railroad construction is expected to experience substantial growth as well. The use of geosynthetics in the protection of groundwater is crucial on account of its hydraulic properties, cost-effectiveness, and easy installation.

With respect to products, a majority of the global market’s revenue share was accounted for by the geotextiles segment in 2018. However, the geomembranes segment is anticipated to witness a higher CAGR over the forecast period.

Regional Analysis:

With respect to the regional segmentation of the market, the Asia Pacific region is expected to experience a higher CAGR over the forecast period due to rising demand for soil reinforcement in emerging economies like India and China. Europe also accounted for a sizeable portion of the global geosynthetics market’s revenue share in 2018.

An increased level of infrastructural activities in several countries of the Latin America region as well as a high prevalence of offshore oil & gas industries is expected to contribute to the overall growth of the global geosynthetics market. The Middle East & Africa regions are slated to be emerging players over the tenure of this forecast period.

Global Geosynthetics Market Segmentation:

Global Geosynthetics Market Segmentation, by product outlook:

• Geotextiles

  • By Raw Material

• • • Natural

• • • • Jute
      • Others
    • Synthetic
      • Polypropylene
      • Polyester
      • Polyethylene
  • By Product
    • Woven
    • Non-woven
    • Knitted
  • By Application
    • Erosion control
    • Reinforcement
    • Drainage systems
    • Lining systems
    • Asphalt overlays
    • Separation & stabilization
    • Silt Fences

• Geomembranes

  • By Raw Material
    • HDPE
    • LDPE
    • Ethylene Propylene Diene Monomer (EPDM)
    • Polyvinyl chloride (PVC)
    • Others
  • By Application
    • Waste management
    • Water management
    • Mining
    • Lining Systems
    • Others
  • By Technology
    • Extrusion
    • Calendering
    • Others

• Geogrids

  • By Raw Material
    • HDPE
    • Polypropylene
    • Polyester
  • By Application
    • Road construction
    • Railroad
    • Soil reinforcement
    • Others
  • By Product
    • Uniaxial
    • Biaxial
    • Multi-axial

• Geonets

  • By Raw Material
    • HDPE
    • MDPE
    • Others
  • By Application
    • Road construction
    • Drainage
    • Railroad
    • Others

• Geocells

  • By Raw Material
    • HDPE
    • Polypropylene (PP)
    • Others
  • By Application
    • Earth reinforcement
    • Load support
    • Tree root protection
    • Slope protection
    • Others

Global Geosynthetics Market Segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa