Geotextiles Market Research Report 2020, Segment by Key Companies, Countries, Types, Applications & Forecast 2021 to 2026
Global geotextiles market size is estimated to reach USD 13.76 billion by 2025 driven by the growing demand for the product from the end-user industry, majorly construction of roads.
Dallas, United States – April 27, 2021 /MarketersMedia/ —
For thousands of years, geotextiles have been used in agriculture and civil engineering. Geotextiles were previously made from materials such as natural fibers and vegetation blend. Geotextiles are now made from both synthetic and natural fibers/polymers. Over the projected era, increased use of geotextiles in a wide range of building applications such as bridges, landfills, drainage systems, and harbors to improve soil stabilization is expected to fuel the market development.
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The increased lifetime and cost-effectiveness of geotextiles, as well as growing environmental worries about soil degradation, are expected to boost geotextile production. Regulatory bodies’ promotional campaigns and programs have helped raise a concern about the benefits of geotextiles, resulting in business expansion.
In the United States, geotextiles are often used to prevent flooding caused by rivers and other water sources in mountainous regions. Storms and hurricanes like Katrina and Isaac wreak havoc on landmasses, and geotextiles will help. Owing to these reasons, increased adoption of the product is likely to drive market growth across the region.
Individual fibers, such as monofilaments, fibrillated yarns, or slit films, are woven together to offer high load capability for road construction applications in woven geotextiles. The long lifetime of these materials, along with their corrosion resistance, makes them ideal for long-term use.
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Manufacturers in European economies such as Germany and the United Kingdom are expected to follow strict regulations set out by regulatory bodies, which specify the basic characteristics of geotextile forms and the applications for which they are best suited. The market is anticipated to develop due to the favorable regulatory environment for the adoption of these items, particularly in erosion prevention applications.
Application wise, road construction segment accounted for a major market revenue at 46.2% of the global geotextiles market share in 2017. It is also likely to be the fastest growing application within the global geotextiles market, followed closely by drainage and erosion control.
Most of the roads undergo failure because of the contamination of the aggregate base layer with the subgrade base soil layer. In this case, pavements with geotextiles reduce the contamination and act a separator.
Over the last few decades, China has experienced rapid economic growth, resulting in significant investments in the construction industry. The abundance of available land is expected to boost infrastructure development in the region.
Key players present in the global geotextiles market includes SKAPS Industries, TYPAR (Polymer Group, Inc.), Fibertex Nonwovens A/S, Low & Bona, Koninklijke Ten Cate bv, Maccaferri, GSE Environmental, NAUE GmbH & Co. KG, Propex Operating Company, LLC.
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Key segments of the global geotextiles market
Type Overview, 2015-2025 (USD Million) (Million square meters)
• Non-Woven
• Woven
• Knitted
Application Overview, 2015-2025 (USD Million) (Million square meters)
• Road Construction
• Erosion Control
• Drainage
• Others (GCL, Composites among others)
Region Overview, 2015-2025 (USD Million) (Million square meters)
• North America
o U.S.
o Canada
• Europe
o Germany
• Asia Pacific
o China
o India
• Rest of the World
Reasons for the study
• The use of geotextile has become more popular in civil engineering earth works to construct firm bases and proper reinforcement of soil.
• Lesser transportation cost coupled with better longevity is the key factor driving the demand of geotextiles across the globe
• Geotextiles are gaining popularity on account of their ability to control erosion and promote vegetation growth
What does the report include?
• The global geotextiles market study provides an in-depth analysis of the application.
• Drivers, restraints and opportunities for the market have been covered in the study.
• The study covers the different aspects of the value chain, Porters Five Forces, and vendor landscape analysis.
• The global geotextiles market report covers qualitative and quantitative analysis of the market segmented on the basis of application.
• Historical, current and forecast market data is provided for all the segments on a country basis.
• The study includes detailed profiles of key participants of the market based on product offerings, geographical presence, financial performance and recent initiative.
About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a Market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable Market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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