Global Geosynthetics Market is estimated to be US$ 16.89 billion by 2030 with a CAGR of 6.1% during the forecast period


Posted October 14, 2021 by amaryadav1999

Global Geosynthetics Market accounted for US$ 9.35 billion in 2020 and is estimated to be US$ 16.89 billion by 2030 and is anticipated to register a CAGR of 6.1%.

 
Geosynthetics are polymeric product which are majorly produce using polyethylene, polyester, and polypropylene. Geogrids, geonet, geotextiles, and geomembranes are included in the manufacturing of geosynthetic products. It has key components like drainage, erosion control, landfills, and various civil construction projects. Geosynthetics are extremely cost-effective, versatile, and durable, geosynthetics are majorly used to improve the physical and mechanical properties of the soil, allows it to withstand harsh climatic conditions. Geosynthetics are used as landfill caps to stop the migration of fluids into landfills by eliminating the post-closure generation of leachate. Geosynthetics are widely used for the development of railway and road infrastructure on account of their ability to aid the separation of soil layers from the subsoil without breaking the underground water circulation.

The report "Global Geosynthetics Market, By Product Type (Geocells, Geo-Composites, Geofoam, Geogrids, Membranes, Geotextiles, Geo-Synthetic Liners, Geonets, Geopipes, and Geocombs), By Material (Polyester, Polyethylene, Polypropylene, and Polyvinyl Chloride (PVC)), By Application (Construction, Soil Separation, Filtration, Erosion Control, Mining, Soil Reinforcement, Water Management, Waste Management, Transport, and Agriculture), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

SOLMAX bought TenCate Geosynthetics, a provider of geosynthetics and industrial fabrics based in the Netherlands, in June 2021. The acquisition is expected to boost the company's innovation capabilities and global reach. The acquisition is expected to provide the company with new commercial prospects in mining, transportation, energy, waste management, and civil engineering in the areas of containment and infrastructure.
NAUE introduced its first biodegradable non-woven geotextile product, Secutex Green, in July 2020. For civil engineering applications, the product is made from organic and renewable materials.
Analyst View:

The Increasing population is contributing to a higher level of solid and liquid wastes across the globe. Increasing environmental awareness is leading to a rise in demand for the appropriate water and waste management project. Geosynthetics are used in multiple water management activities due to the increasing public concerns in a serious and widespread water system, their liner system is also used in water treatment lagoons at wastewater plants to protect water resources including rivers, aquifers, ponds, lakes, and reservoirs which will help to increase demand for geosynthetics during the forecast period.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Geosynthetics Market, By Product Type (Geocells, Geo-Composites, Geofoam, Geogrids, Membranes, Geotextiles, Geo-Synthetic Liners, Geonets, Geopipes, and Geocombs), By Material (Polyester, Polyethylene, Polypropylene, and Polyvinyl Chloride (PVC)), By Application (Construction, Soil Separation, Filtration, Erosion Control, Mining, Soil Reinforcement, Water Management, Waste Management, Transport, and Agriculture), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Geosynthetics-Market-By-Product-3551

Key Market Insights from the report:

Global Geosynthetics Market accounted for US$ 9.35 billion in 2020 and is estimated to be US$ 16.89 billion by 2030 and is anticipated to register a CAGR of 6.1%. The Global Geosynthetics Market is segmented by Product Type, Material, Application, and Region.

By Product Type, Global Geosynthetics Market is segmented into Geocells, Geo-Composites, Geofoam, Geogrids, Membranes, Geotextiles, Geo-Synthetic Liners, Geonets, Geopipes, and Geocombs.
By Application, Global Geosynthetics Market is segmented into Construction, Soil Separation, Filtration, Erosion Control, Mining, Soil Reinforcement, Water Management, Waste Management, Transport, and Agriculture.
By Material, Global Geosynthetics Market is segmented into Polyester, Polyethylene, Polypropylene, and Polyvinyl Chloride (PVC).
By Region, Global Geosynthetics Market is segmented into (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape:

The key operators of the Global Geosynthetics Market are FiberWeb PLC, GEO Synthetics LLC, Low & Bonar PLC, TenCate Geosynthetics, Agru America, Polymer Group, Inc., ACE Geosynthetics, ACH Foam Technologies, Asahi Geotechnologies Co. Ltd., Belton Industries Inc., Carthage Mills.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered

Introduction
Study Deliverables
Study Assumptions
Scope of the Study
Research Methodology
Executive Summary
Opportunity Map Analysis
Market at Glance
Market Share (%) and BPS Analysis, by Region
Competitive Landscape
Heat Map Analysis
Market Presence and Specificity Analysis
Investment Analysis
Competitive Analysis
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Last Updated October 14, 2021