Geosynthetics Market Size, Share, Demand & Trends by 2029

-

 A new market research study by Future Market Insights (FMI) on the global geosynthetics market contains global industry analysis for 2014–2021 and opportunity assessment for 2022–2029. The report investigates the geosynthetics market and provides critical insights for the forecast period of 2022-2029. The global geosynthetics market recorded the revenues worth US$ 13.67 Bn in 2022 and is estimated to grow at a CAGR of 10.1% in the projected period of 2022 – 2029.

As per the findings of the report, the global industrial geosynthetics market is anticipated to experience substantial growth over the forecast period owing to growth in civil construction activities led by several developing economies in the past few years. The report opines that the market growth is significantly driven by increasing investments in public infrastructure development and modernization of existing facilities across the globe.

APEJ’s Market Attractiveness Intact, Says FMI’s Report

Geosynthetic materials are witnessing increased usage in solid waste management for landfill applications. These materials are used for separating and confining bulk waste. Countries such as China and India, are emphasizing on effective waste treatment practices, which is likely to lead to an increase in demand for geosynthetics in the near future. 

Moreover, owing to the high transport infrastructural development activities in the region, geosynthetic products are estimated to witness significant deployment in road construction. The road construction application segment is estimated to remain dominant in terms of geosynthetic material demand.

Request for Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-475

Product Portfolio Enhancements & Technological Innovations

Several players are emphasizing on improving their product portfolios by introducing new products with better quality and gauge variations. Manufacturers are primarily targeting high development areas and producing application-specific products in order to gain higher market shares.

In February 2017, TenCate Geosynthetics launched a new series of geomats- Mirafi® TM13C and TM14S, to solve erosion problems on steep slopes and in channels. These materials retain bare soil and stabilize and nurture vegetation while resisting the challenges of precipitation and high-flow rates on soils.

Geosynthetics Market by Category

Product Type:

  • Geotextile
  • Geomembrane
  • Geogrid
  • Geonet
  • Geocomposite
  • Geosynthetic clay liner
  • Others

Material Type :

  • Polyethylene (HDPE/LLDPE)
  • Polypropylene (PP)
  • Polyester
  • Natural fibers
  • Others

Primary Application:

  • Separation
  • Drainage & filtration
  • Reinforcement
  • Containment

End-use :

  • Roads (paved & unpaved)
  • Railways
  • Retaining walls
  • Waterworks and waste treatments
  • Landfill & erosion control
  • Others

Use of Different Materials to Enhance Strength and Durability

Involvement of a large number of local and global players in the geosynthetic market has compelled manufacturers to offer innovative products, in order to generate significant demand. Many companies are dedicating a huge amount of money for the research and development of new products and to increase the properties of existing ones. Companies are continuously experimenting with geosynthetics in order to provide products with enhanced mechanical properties and high reliability.

As polypropylene is extensively used for the manufacturing of geotextiles, it is a relatively large segment among all types, and is expected to witness significant growth during the forecast period. Other geosynthetic products such as geocell, geofoam, geopipes, etc., have limited and specific uses. However, the segment has witnessed significant demand during the last five years.

Use of metallocene polypropylenes: In 2015, a reputed conglomerate launched a metallocene PP-based non-woven geotextile. This geotextile is premium in terms of mechanical properties and performance. The use of metallocene PP offers relatively lightweight geotextiles and increased production.

Competitive analysis of the global geosynthetics market reveals that among the several active participants in the competitive landscape of geosynthetics market, the tier 1 players tend to hold a relatively lower share, which has been attributed to high competition from a large number of local players operating at low profit margins and have better accessibility within regional markets. Some of the leading companies are also observed to be operating through their sales offices, or collaborating with regional manufacturers.

Table of Content

1. Executive Summary

    1.1. Market Overview

    1.2. Market Analysis

    1.3. FMI Analysis and Recommendations

    1.4. Wheel of Fortune

2. Market Introduction

    2.1. Market Taxonomy

    2.2. Market Definition

3. Market View Point

    3.1. Macro-Economic Factors

    3.2. Forecast Factors & Relevant Impact

to be continued…!

Browse Full Report: https://www.futuremarketinsights.com/reports/geosynthetics-market

Comments

Post a Comment

Popular posts from this blog

Cetrimonium Bromide Market Size, Share, Demand, Growth & Trends by 2033

-
  Cetrimonium Bromide (CTAB) is a versatile quaternary ammonium compound commonly used in hair care products and cosmetics. As a cationic surfactant, it reduces surface tension and functions as a conditioning agent, providing antistatic and detangling properties to hair. Beyond its cosmetic applications, CTAB finds use in pharmaceutical formulations as an antiseptic agent, exhibiting strong antimicrobial activity. It is also employed in industrial processes and research laboratories, making it a multi-functional ingredient with broad-reaching applications. The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Cetrimonium Bromide market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks exist
Read more

Calcium Ammonium Nitrate Market Size, Share, Growth, Demand & Trends by 2032

-
  Calcium Ammonium Nitrate (CAN) is a nitrogen-based fertilizer with a balanced nutrient composition, containing both ammonium and nitrate forms of nitrogen. It's highly soluble and provides essential nutrients to plants for optimal growth. CAN is widely used in agriculture for its convenience in application and its positive impact on crop yield and quality. As per the recent research conducted by a leading market insights provider FMI, the global Calcium Ammonium Nitrate market will expand at a healthy CAGR over the forecast period between 2023 and 2032. The aim of this study is to analyze key market dynamics affecting the sales of Calcium Ammonium Nitrate and provide vital insights to business owners to get benefited from forthcoming opportunities. The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides r
Read more

Lithium Mining Market Size, Share, Demand, Revenue & Growth by 2032

-
  The global  lithium mining market  is anticipated to accrue a value of US$ 3.4 billion in 2032, as opposed to a valuation of US$ 1.66 billion in 2022. The target market is set to expand at a healthy CAGR of 7.43% from 2022 to 2032. Factors like the escalating adoption of lithium in glass and ceramic manufacturing and the emergence of electronic vehicles that augment the demand for lithium-ion batteries facilitate the growth of the lithium mining market. The ongoing technological innovations and widespread lithium use in air treatment also drive the expansion of the lithium mining market size during the forecast period. The shift witnessed in the design and advancement of battery technology along with concerns regarding the decline in fossil fuels will likely stimulate market growth for lithium mining. The fall in the availability of fossil fuels, rising carbon emissions, and emphasis on alternative sources of power encourage greater lithium mining. As it is estimated that lithium m
Read more