Geotextiles Market In-Depth Research On Basis By Product, Material, Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 14 June 2023: The Report Geotextiles Market Size, Share & Trends Analysis Report By Material (Natural, Synthetic), Product (Woven, Non-woven), By Application (Erosion Control, Reinforcement), By Region, And Segment Forecasts, 2023 – 2030

The global geotextiles market size is expected to reach USD 11.82 billion by 2030, registering a CAGR of 6.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The demand for geotextiles is expected to witness a significant growth owing to wide application including road construction, erosion control, and drainage systems among others.

The regulatory trends regarding the environmental protection in mining and landfills has ensured the penetration of geotextiles in these applications; thereby having a positive impact on the market growth. In addition, the government agencies in the developed economies of Europe including the UK and Germany have made the use of geotextiles in road construction mandatory, resulting in market growth.

Cost-effectiveness and longer lifespan of geotextiles as compared to other materials and the growing environmental concerns regarding soil erosion are projected to drive the product demand across the globe. Initiatives by foreign regulatory bodies and promotional policies have aided in increasing the awareness related to the benefits offered by geotextiles. All these factors are contributing to the growing demand for geotextiles in the global market.

The market is characterized by the presence of large-scale manufacturers catering the global demand. The demand for geotextiles is high in developing economies including India, and China, owing to the sanction and commencement of infrastructural development projects in the developing economies.

Access Research Report of Geotextiles Market @ https://www.grandviewresearch.com/industry-analysis/geotextiles-industry

Geotextiles Market Report Highlights

• The growing demand for woven is likely to grow at a CAGR of 6.3% in the forecast period.
• Nonwoven geotextiles led the market and accounted for about 65.5% share of the revenue in 2022, owing to its unique properties such as absorbency, liquid repellency, and mechanical strength.
• The road construction application segment is anticipated to dominate the market accounting for 47% of the market in 2021 owing to increasing construction activities, especially in the Asia Pacific region.
• Asia Pacific region accounted for a market share of 54.4% of the global geotextiles market in 2022, owing to the sanction and commencement of infrastructural development projects in the developing economies in the region is expected to drive the demand for construction products.
• Key market players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby advancing their market share.

List Of Key Players Of Geotextiles Market

• Koninklijke Ten Cate B.V.
• GSE Holdings, Inc.
• NAUE GmbH & Co. KG
• Officine Maccaferri S.p.A.
• Low and Bonar PLC
• Propex Operating Company, LLC
• Fibertex Nonwovens A/S
• TENAX Group
• AGRU America
• Global Synthetics
• HUESKER Group
• TYPAR
• Machina-TST
• Gayatri Polymers & Geo-synthetics

Access Press Release of Geotextiles Market @ https://www.grandviewresearch.com/press-release/global-geotextiles-market

Geotextiles Market Outlook On The Basis Of Product, Material, Application, Region And Forecast From 2022 to 2030: Grand View Research Inc.

San Francisco, 19 Dec 2022: The Report Geotextiles Market Size, Share & Trends Analysis Report By Material (Polypropylene, Polyethylene), By Application (Road Construction), By Product, By Region, And Segment Forecasts, 2022 – 2030

The global geotextiles market size is expected to reach USD 11.82 billion by 2030, registering a CAGR of 6.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The demand for geotextiles is expected to witness a significant growth owing to wide application including road construction, erosion control, and drainage systems among others.

The regulatory trends regarding the environmental protection in mining and landfills has ensured the penetration of geotextiles in these applications; thereby having a positive impact on the market growth. In addition, the government agencies in the developed economies of Europe including the UK and Germany have made the use of geotextiles in road construction mandatory, resulting in market growth.

Cost-effectiveness and longer lifespan of geotextiles as compared to other materials and the growing environmental concerns regarding soil erosion are projected to drive the product demand across the globe. Initiatives by foreign regulatory bodies and promotional policies have aided in increasing the awareness related to the benefits offered by geotextiles. All these factors are contributing to the growing demand for geotextiles in the global market.

The market is characterized by the presence of large-scale manufacturers catering the global demand. The demand for geotextiles is high in developing economies including India, and China, owing to the sanction and commencement of infrastructural development projects in the developing economies.

Access Research Report of Geotextiles Market @ https://www.grandviewresearch.com/industry-analysis/geotextiles-industry

Geotextiles Market Report Highlights

• The growing demand for woven is likely to grow at a CAGR of 6.2% in the forecast period.
• Non-woven is expected to be the fastest-growing segment and is anticipated to reach USD 7.91 billion in revenue by 2030, owing to its unique properties such as absorbency, liquid repellency, and mechanical strength.
• The road construction application segment is anticipated to dominate the market accounting for 47% of the market in 2021 owing to increasing construction activities, especially in the Asia Pacific region.
• Asia Pacific region accounted for a market share of 54% of the global geotextiles market in 2021, owing to the sanction and commencement of infrastructural development projects in the developing economies in the region is expected to drive the demand for construction products.
• Key market players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby advancing their market share.

List of Key Players in Geotextile Market

• Koninklijke Ten Cate B.V.
• GSE Holdings, Inc.
• NAUE GmbH & Co. KG
• Officine Maccaferri S.p.A.
• Low and Bonar PLC
• Propex Operating Company, LLC
• Fibertex Nonwovens A/S
• TENAX Group
• AGRU America
• Global Synthetics
• HUESKER Group
• TYPAR
• Machina-TST
• Gayatri Polymers & Geo-synthetics

Access Press Release of Geotextiles Market @ https://www.grandviewresearch.com/press-release/global-geotextiles-market

Geotextiles Market Expanding At A CAGR Of 11.9% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 28 July 2020: The Report Geotextiles Market Size, Share & Trends Analysis Report By Material (Polypropylene, Polyethylene), By Application (Road Construction, Erosion Prevention), By Product, By Region, And Segment Forecasts, 2020 – 2027

The global geotextiles market size is expected to reach USD 11.3 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 11.9% over the forecast period. Increasing adoption of geotextiles in road construction and infrastructure development activities is expected to drive the market growth over the forecast period.

Innovations by manufacturers are backed by government and regulatory bodies to improve product properties, which, in turn, would contribute to the market growth. Governments across various countries are actively participating in geotextile production as it creates ample employment opportunities and helps in the improvement of adverse environmental conditions. Geotextiles are used in soil to improve stability and to protect land surface to promote vegetation growth. The product also plays a significant role in soil erosion control and helps mitigate soil erosion. On-going research related to the use of geotextiles for soil erosion prevention in unpredictable climatic conditions is expected to aid in promoting their application in erosion prevention over the forecast period.

In emerging countries such as India and China, there is an absence of a standardized manufacturing process, resulting in lower quality products with differentiated standards. However, increasing focus on exports to international markets by local producers is expected to compel them to adopt advanced manufacturing techniques.

Access Research Report of Geotextiles Market @ https://www.grandviewresearch.com/industry-analysis/geotextiles-industry

Further key findings from the report suggest:

• In 2019, the non-woven segment accounted for a share of 63.3% in terms of revenue on account of its superior properties such as absorbency, liquid repellency, and mechanical strength
• Road construction application is projected to register a CAGR of 13.1% in terms of revenue from 2020 to 2027, owing to product characteristics that aid in preventing joints and cracks from reflecting on the road surface
• North America is estimated to register a CAGR of 11.8% in terms of revenue from 2020 to 2027 on account of increased adoption of the product for prolonging the life of materials used in drainage systems
• The polypropylene segment is anticipated to register a CAGR of 13.0% over the forecast period in terms of revenue owing to superior properties such as high elasticity and stiffness exhibited by polypropylene fibers
• China accounted for a share of 45.7% of the Asia Pacific geotextile market in terms of volume in 2019, owing to the high product demand in modern infrastructural development projects in the country
• Key market players are engaged in offering a diversified range of products suitable for various construction applications through innovative and advanced methods to maintain a competitive edge in the market.

Grand View Research has segmented the global geotextile market on the basis of product, material, application, and region:

Geotextile Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 – 2027)

• Non-woven
• Woven
• Others

Geotextile Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 – 2027)

• Polypropylene
• Polyester
• Polyethylene
• Others

Geotextile Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 – 2027)

• Road construction
• Erosion prevention
• Drainage
• Others

Geotextile Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Geotextiles Market @ https://www.grandviewresearch.com/press-release/global-geotextiles-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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