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Geogrid Market Global Industry, Size, Share, Trends, Growth, Demand and Company Analysis To 2022

Global Geogrid market set to grow $1099.2 billion by 2022, growing at a CAGR of 9.2%. A geogrid is geosynthetic material used to reinforce soils and similar materials.

Pune, India – November 5, 2017 /MarketersMedia/

Geogrid Market Global Review From 2017 to 2022 of 146 pages added by reports and reports explores Global Geogrid Market size, trends, demand, share, growth, industry, and companies’ analysis to 2022.

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The Global Geogrid market projected to grow at a CAGR of 9.2%. The growth of global Geogrid market is boosted by factors such as increased demand for geogrids in infrastructural activities.

Geogrid Market Companies are Tensar (U.S.), Tencate (Netherlands), Huesker (Germany), Maccaferri (Italy), Naue (Germany), Pietrucha (Poland), TMP GEosynthetics (China), Wrekin Products (U.K.), Thrace (Greece), Carthage Mills (U.S.), and BOSTD Geosynthetics Qingdao (China).

The geogrid market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, in terms of both value and volume. China and India are the key markets of geogrids in the region. The increased demand for geogrids in infrastructural activities is projected to drive the geogrid market in the region.

Among all types, biaxial geogrids is estimated to account for the largest share of the geogrid market in 2017, in terms of both value and volume. These geogrids are generally used to stabilize and reinforce soils in the construction of roads, parking lots, and building foundations. Biaxial geogrids are perfectly suitable for conditions such as weak sub grades, contaminated soils, heavy loads, high granular costs, and shallow buried utilities. Greater demand from the road industry is basically driving the market for biaxial geogrids at a global level, as they are used in the construction of highways, flyovers, and bridges.

Inquire more on “Geogrid Market” spread across 146 pages, profiling 12 companies and supported with tables and figures is now available on at: http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1223790

The geogrid market has been segmented on the basis of type, application, manufacturing method, and region. This report covers the geogrid market, in terms of value and volume, and forecasts its market size till 2022. The report includes the market segmentation based on type (uniaxial, biaxial, and triaxial), application (Road Industry, Railroad Stabilization, and Soil Reinforcement),manufacturing method (extruded, knitted/woven, and bonded), and region (Asia Pacific, Europe, North America, the Middle East & Africa, and Central &South America).Key countries considered for the market analysis in these regions include China, India, Japan, South Korea, Indonesia, Australia & New Zealand, U.S., U.K., Canada, Mexico, Germany, Spain, Italy, Russia, U.K., France, Norway, Sweden, Denmark, Brazil, Argentina, Colombia, Chile Saudi Arabia, the UAE, Egypt, and South Africa. The report also provides company profiles and competitive strategies adopted by the key players of the geogrid market.

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The break-up of primary interviews is given below.
• By Company Type: Tier 1 –50%, Tier 2 – 30%, and Others – 20%
• By Designation: C level – 10%, Director level –30%, and Others – 60%
• By Region: North America – 30%, Asia Pacific – 30%, Europe –20%, South America – 10%, and the Middle East& Africa –10%

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Source URL: https://marketersmedia.com/geogrid-market-global-industry-size-share-trends-growth-demand-and-company-analysis-to-2022/259374

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Source: MarketersMedia

Release ID: 259374

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