Transparency Market Research (TMR) provides key insights on the geocomposites market in its latest report titled “Geocomposites Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, increase in infrastructure with supportive government policies is predicted to drive the geocomposites market during the forecast period.

Apart from increase in infrastructure with supportive government policies, environmental protection regulations and cost-effective solutions are the major drivers of the geocomposites market. Expansion in the infrastructure and construction industry and wide usage of geocomposite materials in road and rail development projects are also driving the geocomposites market across the globe. Increase in number of water containments and canaling is also one of the key factors boosting the geocomposites market. Rise in demand for waste treatment coupled with increase in usage of geocomposites in waste treatment is expected to propel the demand for geocomposites in the near future.

For more information visit here: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=47202

Absence of quality control in various application such as road & highway, landfill, and soil reinforcement in developing countries is the major restraint of the market. Growth in infrastructure in developing countries is providing lucrative opportunities to the geocomposites market. Fluctuation in prices of raw materials is hampering the geocomposites market.

In terms of regional perspective, the geocomposites market is split into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is estimated to be the dominant region of the global geocomposites market during the forecast period, led by the expansion in the construction & infrastructure industry in the U.S. Increase in government investments in the development of road and rail infrastructure, including construction of flyovers, bridges, and tunnels, in Asia Pacific is expected to boost the demand for geocomposites in the region. Growth in the construction industry in countries such as Brazil and Mexico is anticipated to propel the geocomposites market in Latin America.

Major players operating in the global geocomposites market are included in this report to give a better competitive analysis of the market and these are Thrace Group, GSE Environmental, SKAPS Industries, ABG Ltd, Leggett & Platt, Inc., TenCate Geosynthetics, Officine Maccaferri Spa, Terram Geosynthetics Pvt. Ltd., HUESKER, and Tenax.

About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. We are leaders in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Email: [email protected]
Website: https://www.transparencymarketresearch.com