Geosynthetics Market Revenue, Growth, Key Players, Research by Business Analysis And Forecast till 2030
Geosynthetics Market Size– By Application, By Type, By Function, By Material-Regional Outlook, Competitive Strategies and Segment Forecast to 2030
| Published: Aug-2022 | Report ID: CHEM2204 | Pages: 1 - 232 | Formats*: |
| Category : Chemical & Materials | |||
Global Geosynthetics Market Overview
According to SPER Market Research, the Global Geosynthetics Market is estimated to reach USD 28.60 billion by 2032 with a CAGR of 6.85%.
Synthetic materials called geosynthetics are employed in civil engineering and building projects for a variety of functions, including reinforcement, drainage, separation, filtration, and erosion control. These materials, which are comprised of polymers like polypropylene, polyester, and polyethylene, are employed in a variety of settings, including agriculture, coastal protection, landfills, railroads, and highways. By adding more strength, stability, and durability, geosynthetics are intended to improve the performance of soil and other natural materials. They can be used to stop soil erosion, enhance drainage, stabilise slopes, and strengthen embankments, among other things. Compared to more traditional materials like stone, concrete, and steel, the usage of geosynthetics has various benefits. They are more affordable and environmentally friendly because they are lightweight, flexible, and simple to install. Geosynthetics are appropriate for usage in extreme environmental settings since they are resistant to chemical and biological deterioration. Based on their use and function, geosynthetics can be divided into a number of categories. Geogrids are utilised for soil fortification and stabilisation, whilst geotextiles are used for filtration and separation. In applications like landfills and ponds, geomembranes are employed as barriers to hold fluids in and stop leakage. Due to the advantages geosynthetics provide in terms of cost savings, environmental protection, and increased performance, their application is growing in popularity around the world. In the upcoming years, the market for geosynthetics is anticipated to expand because to rising need for infrastructure development and environmental protection measures.
Impact of COVID-19 on the Global Geosynthetics Market
The worldwide geosynthetics market has been significantly impacted by the COVID-19 epidemic. While construction activities were suspended and supply chains were broken during the early stages of the epidemic, the market saw a fall in demand. However, when nations started to relax regulations and commence construction work in the second half, the market began to rebound. The epidemic has also changed consumer habits, with a rise in the desire for environmentally friendly and sustainable goods. As a result, geosynthetics are receiving greater attention since they are more cost- and environmentally-friendly than conventional building materials. Also, the epidemic has brought attention to the significance of infrastructure development, particularly in sectors like healthcare, transportation, and sanitation. The demand for geosynthetics is anticipated to rise in the upcoming years as a result of increased investment in infrastructure projects. The epidemic has nevertheless also caused supply chain interruptions and a scarcity of raw materials, which have had an impact on the manufacturing and cost of geosynthetics. Furthermore, businesses have found it challenging to plan and invest in long-term initiatives because to the uncertainty surrounding the pandemic's duration and severity. Overall, there have been both good and negative repercussions of the COVID-19 epidemic on the worldwide geosynthetics business. Although the early effects were unfavourable, the market is anticipated to grow in the following years due to the recovery in the second half and the increased emphasis on sustainable development and infrastructure.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By Type, By Function, By Material. |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | AGRU America Inc., Belton Industries Inc., Carthage Mills, CAsahi Kasei Advance Corporation, Fibertex Nonwovens A/S, Groupe Solmax Inc., GSE Environmental, HUESKER Synthetic GmbH, Kasei Advance Corporation, Koninklijke Ten Cate B.V, Low & Bonar PLC., NAUE GmbH & Co. KG, Officine Maccaferri SpA, Polymer Group, Propex Operating Company LLC., Swicofil AG, Tensar International Corporation, Texas Spa. |
Global Geosynthetics Market Segmentation:
1. By Application:
- Civil Construction
- Transportation Infrastructure
- Waste Management
- Water Management
- Others
2. By Type:
- Geofoam
- Geogrids
- Geomembranes
- Geonets
- Geotextiles
- Others
3. By Function:
- Barrier or Containment
- Drainage
- Erosion Control
- Filtration
- Protection (Cushion)
4. By Material:
- Polyester
- Polyethylene
- Polypropylene
- PVC
- Others
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Geosynthetics Market (FY’2019-FY’2032)
- Overview of Global Geosynthetics Market
- Segmentation of Global Geosynthetics Market By Application (Civil Construction, Transportation Infrastructure, Waste Management, Water Management, Others)
- Segmentation of Global Geosynthetics Market By Type (Geofoam, Geogrids, Geomembranes, Geonets, Geotextiles, Others)
- Segmentation of Global Geosynthetics Market By Function (Barrier or Containment, Drainage, Erosion Control, Filtration, Protection (Cushion), Reinforcement, Separation)
- Segmentation of Global Geosynthetics Market By Material (Polyester, Polyethylene, Polypropylene, PVC, Others)
- Statistical Snap of Global Geosynthetics Market
- Growth Analysis of Global Geosynthetics Market
- Problems and Challenges in Global Geosynthetics Market
- Competitive Landscape in the Global Geosynthetics Market
- Impact of COVID-19 and Demonetization on Global Geosynthetics Market
- Details on Recent Investment in Global Geosynthetics Market
- Competitive Analysis of Global Geosynthetics Market
- Major Players in the Global Geosynthetics Market
- SWOT Analysis of Global Geosynthetics Market
- Global Geosynthetics Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Geosynthetics Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Geosynthetics Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Geosynthetics Market
7. Global Geosynthetics Market, By Application, 2019-2032 (USD Million)
7.1 Civil Construction7.2 Transportation Infrastructure7.3 Waste Management7.4 Water Management7.5 Others
8. Global Geosynthetics Market, By Type, 2019-2032 (USD Million)
8.1 Geofoam8.2 Geogrids8.3 Geomembranes8.4 Geonets8.5 Geotextiles8.6 Others
9. Global Geosynthetics Market, By Function, 2019-2032 (USD Million)
9.1 Barrier or Containment9.2 Drainage9.3 Erosion Control9.4 Filtration9.5 Protection (Cushion)9.6 Reinforcement9.7 Separation
10. Global Geosynthetics Market, By Material, 2019-2032 (USD Million)
10.1 Polyester10.2 Polyethylene10.3 Polypropylene10.4 PVC10.5 Others
11. Global Geosynthetics Market, By Region, 2019-2032 (USD Million)
11.1 Global Geosynthetics Market Size and Market Share by Region (2019-2025)11.2 Global Geosynthetics Market Size and Market Share by Region (2026-2032)11.3 Asia-Pacific
11.3.1 Australia11.3.2 China11.3.3 India11.3.4 Japan11.3.5 South Korea11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France11.4.2 Germany11.4.3 Italy11.4.4 Spain11.4.5 United Kingdom11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia11.5.2 United Arab Emirates11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada11.6.2 Mexico11.6.3 United States
11.7 Latin America
11.7.1 Argentina11.7.2 Brazil11.7.3 Rest of Latin America
12. Company Profiles
12.1 AGRU America Inc.
12.1.1 Company details12.1.2 Financial outlook12.1.3 Product summary12.1.4 Recent developments
12.2 Belton Industries Inc.
12.2.1 Financial outlook12.2.2 Product summary12.2.3 Recent developments
12.3 Carthage Mills
12.3.1 Company details12.3.2 Financial outlook12.3.3 Product summary12.3.4 Recent developments
12.4 CAsahi Kasei Advance Corporation
12.4.1 Company details12.4.2 Financial outlook12.4.3 Product summary12.4.4 Recent developments
12.5 Fibertex Nonwovens A/S
12.5.1 Company details12.5.2 Financial outlook12.5.3 Product summary12.5.4 Recent developments
12.6 Groupe Solmax Inc.
12.6.1 Company details12.6.2 Financial outlook12.6.3 Product summary12.6.4 Recent developments
12.7 GSE Environmental
12.7.1 Company details12.7.2 Financial outlook12.7.3 Product summary12.7.4 Recent developments
12.8 HUESKER Synthetic GmbH
12.8.1 Company details12.8.2 Financial outlook12.8.3 Product summary12.8.4 Recent developments
12.9 Kasei Advance Corporation
12.9.1 Company details12.9.2 Financial outlook12.9.3 Product summary12.9.4 Recent developments
12.10 Koninklijke Ten Cate B.V
12.10.1 Company details12.10.2 Financial outlook12.10.3 Product summary12.10.4 Recent developments
12.11 Low & Bonar PLC.
12.11.1 Company details
12.11.2 Financial outlook12.11.3 Product summary12.11.4 Recent developments
12.12 NAUE GmbH & Co. KG
12.12.1 Company details12.12.2 Financial outlook12.12.3 Product summary12.12.4 Recent developments
12.13 Officine Maccaferri SpA
12.13.1 Company details12.13.2 Financial outlook12.13.3 Product summary12.13.4 Recent developments
12.14 Polymer Group
12.14.1 Company details12.14.2 Financial outlook12.14.3 Product summary12.14.4 Recent developments
12.15 Propex Operating Company LLC.
12.15.1 Company details12.15.2 Financial outlook12.15.3 Product summary12.15.4 Recent developments
12.16 Swicofil AG
12.16.1 Company details12.16.2 Financial outlook12.16.3 Product summary12.16.4 Recent developments
12.17 Tensar International Corporation
12.17.1 Company details12.17.2 Financial outlook12.17.3 Product summary12.17.4 Recent developments
12.18 Texas Spa
12.18.1 Company details12.18.2 Financial outlook12.18.3 Product summary12.18.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Geosynthetics Market is projected to reach USD 28.60 billion by 2032, growing at a CAGR of 6.85% during the forecast period.
Geosynthetics Market grew in market size from 2021. The Market is expected to reach USD 28.60 billion by 2032, at a CAGR of 6.85% during the forecast period.
Geosynthetics Market CAGR of 6.85% during the forecast period.
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Geosynthetics Market size is USD 28.60 billion from 2022 to 2032.
Geosynthetics Market Segment is covered By Application, By Type, By Function, By Material.
The North America region is anticipated to have the highest market share in the Geosynthetics Market.
The key players in the market include Companies Covered AGRU America Inc., Belton Industries Inc., Carthage Mills, CAsahi Kasei Advance Corporation, Fibertex Nonwovens A/S, Groupe Solmax Inc., GSE Environmental, HUESKER Synthetic GmbH, Kasei Advance Corporation, Koninklijke Ten Cate B.V, Low & Bonar PLC., NAUE GmbH & Co. KG, Officine Maccaferri SpA, Polymer Group.
The demand for products containing MCTs has increased as a result, especially in the health and wellness industry. MCTs are quickly absorbed and digested by the liver, giving them a more readily available source of energy than long chain triglycerides (LCTs), which are included in the majority of dietary fats and oils.
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