“Global Geotextiles Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global geotextiles market report has been segmented on the basis of material type, product type, application, and region.
Global Geotextiles Market: Overview
Geotextiles are made up of synthetic or natural materials, these permeable fabrics have ability to filter, reinforce, protect, separate, or drain when used with soil. These fabrics come in three forms such as woven, knitted, and nonwoven. Geotextiles have many applications such as construction of roads and pavement, drainage, railway work, retaining structures, embankments, canals, dams, reservoirs, coastal engineering, and others.
Global Geotextiles Market: Dynamics
Rising demand for geotextiles owing to its unique properties and cost-effectiveness is a major factor estimated to drive growth of the global geotextiles market in the years to come. Additionally, increasing demand for geotextiles in construction and repair of roads coupled with growing infrastructural activities in developing countries are some other factors estimated to fuel growth of the geotextiles market over the long run. Moreover, growing adoption of geotextiles in drainage application owing to its permeability property is projected to drive growth of the target market to a certain extent.
However, high price of raw materials for producing synthetic geotextiles is anticipated to hamper growth of the target market over the long run. In addition, stringent regulation related to reduction carbon emissions is expected to be another factor restraining growth of the potential market.
Increasing adoption of bio-based geotextiles and growing investments for nonwoven geotextiles, are anticipated to create lucrative opportunities for the manufactures of geotextiles, which is projected to drive growth of the potential market in next coming years.
Global Geotextiles Market: Segment Analysis
Among the material type, the synthetic geotextile segment is estimated to account for maximum revenue share and is projected to witness fastest growth rate in the years to come owing to increasing demand for polypropylene geotextile.
Among product type, the nonwoven geotextile segment is expected to hold highest revenue share in the potential market, owing to increasing adoption in construction of roads, railroads, and others.
Among application, the road construction and pavement repair segment is estimated to register for highest growth in terms of revenue in the potential market in years to come, followed by erosion segment.
Global Geotextiles Market: Regional Analysis
Currently, the market in Asia Pacific is estimated to account for highest share in terms of value and volume and is expected to dominate the geotextiles market. Increasing infrastructural activities in countries is a major factor expected to propel growth of the geotextiles market in Asia Pacific. The geotextiles market in Asia Pacific is projected to witness a faster growth rate in the years to come, owing to increasing investments in construction by government of the developing countries in the region. North America market is anticipated to register moderate revenue growth in the potential market, followed by Europe geotextile market.
Global Geotextiles Market Segmentation:
Segmentation on the Basis of Material Type:
- Synthetic Geotextile
- Natural Geotextile
Segmentation on the Basis of Product Type:
- Nonwoven Geotextile
- Woven Geotextile
- Knitted Geotextile
Segmentation on the Basis of Application:
- Road Construction and Pavement Repair
- Erosion Control
- Railway Work
- Others (Sports Field Construction and Retaining Structures)
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- GSE Environmental
- Low & Bonar PLC
- Koninklijke Ten Cate
- Fibertex Nonwovens A/S
- Thrace Group
- HUESKER Synthetic GmbH
- Officine Maccaferri Spa
- Strata Systems, Inc.
- Leggett & Platt, Inc.
- Berry Global Inc.
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