Geosynthetics Market is predicted to reach at USD 13,300 Million by 2028 at a CAGR of 11.2% CAGR during the forecast period.

Introduction of the Geosynthetics Market Report

Geosynthetics are artificial materials used to improve soil conditions and solve civil engineering problems. Geosynthetics are made from petrochemical-based polymers that are biologically immobile and will not decompose from bacterial and fungal action. Geosynthetics perform five significant functions, i.e., separation, reinforcement, filtration, drainage, and moisture barrier.

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Market Dynamic

Key Drivers and Emerging Trends

Geosynthetics have been successfully used to contribute towards the excellent performance of the roadways. They include the function of separation, filtration, reinforcement, drainage, and protection. The use of geosynthetic is comparatively inexpensive and result in cost savings over the design life of the roadway. Therefore, these factors are expected to support the market growth of Geosynthetics. Moreover, geosynthetics are highly effective in controlling seepage problems in irrigation and other development projects. Excessive outflow losses from the canal have resulted in drainage concerns. Geosynthetics are used in the construction of dams, channels, and reservoirs for controlling seepages.

Additionally, geosynthetics are widely used in waste management such as water and mining industry. Geosynthetics are used as landfill gaps to prevent the flow of fluids by reducing the constituents leached out through a solid. It is used to protect water resources such as lakes, river, ponds, and reservoirs which is expected to boost the market of the geosynthetics market.

Restraint in the Geosynthetics Market

However, the prices and availability of raw materials for geosynthetics are the primary factors that affect the market. Additionally, geotextiles suffer damages during the installation process. Also, geogrids are damaged during exposure to low temperatures and UV lights, which may further hamper the market growth of the geosynthetics market.

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Product – Segment Analysis

Based on Product, the geotextiles segment is expected to witness higher growth in the coming years. Geotextile offers several advantages, such as being absorbent, durable, and engineered fabrics. It is used in various applications, including heavy construction, buildings, expressways, and highways. It is widely used in the construction of roads as it strengthens the weak soil by holding it together and thereby increasing the lifespan of road infrastructure. For instance, Reliance Polymers offers Repol Polypropylene, which can be used in many civil engineering applications, including roads, railroads, and many more.

Application – Segment Analysis

Based on Application, the waste management is projected to witness higher sales in the coming years. The factor for the growth of the segment is propelled by the use of geosynthetics for controlling the spillage of contaminated gas and liquid into groundwater, river, ponds, and other water sources. An increase in urbanization and industrialization has given rise to the need for waste management activities. Geosynthetics have multiple functions, excellent hydraulic properties, easy to install, and are cost-saving for the proper collection, transport, treatment, recycling, and disposal of residential, industrial, and commercial waste.

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Regional – Segment Analysis

Based on region, the Asia Pacific region is expected to grow as the largest market for Geosynthetics globally during the forecast period. The factor significantly growing the demand from the developing countries such as India and China are the developing infrastructure and need for industrial waste management. Technological advancement and investment in R&D activities has resulted in material development with less maintenance for the industry, which will further drive the market demand of the geosynthetics market. Moreover, Geosynthetic has transformed India’s transportation network and commercial construction option enabling more sustainable projects, safer retaining walls, etc. These structures improve infrastructure performance, increase lifespan, and will bring environmental benefits such as noise pollution, wastage, and embodied CO2.

Top Market Players

Several leading companies in the market include Solmax, NAUE GmbH & Co., Berry Global Inc., Agru America Inc., Global Synthetics, Fibertex Nonwovens A/S, Propex Operating Company LLC, Tensar Corporation, Strata Systems Inc., Techno Fabrics Geosynthetics Pvt. Ltd., among others.

Key Developments:

• • In 2021, Solmax has acquired TenCate, the world’s leading geosynthetics solutions company. This acquisition will increase the global reach, innovative capabilities, and transaction of the company. It will develop and manufacture high-quality polyethylene geomembranes for containment in industrial and environmental applications.
  • In 2020, NAUE, a manufacturer of geotechnical construction materials, presented its first biodegradable nonwoven geotextile with the company Secutex Green. It is used for the separation of soil layers with different grain sizes as well as to establish missing filter stability.

Segments covered in the Report:

The Geosynthetics Market has been segmented based on product, Application, and Region. Based on Product, the market is segmented into Geotextiles, Geomembranes, Geogrids, Geonets, Geocells. Based on application, market is segmented into Waste Management, Water Management, Transportation Infrastructure, Civil Construction.

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Key questions answered in this research report:

• • At what pace is global Geosynthetics market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global Geosynthetics Market? What will be the impact of drivers and restraints in the future?
  •  What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Geosynthetics market?
  • Which product generated maximum revenues in 2020 and identify the most promising product during the forecast period?
  • What is the various application area of global Geosynthetics Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2028)	USD 13,300 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Application and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Solmax, NAUE GmbH & Co., Berry Global Inc., Agru America Inc., Global Synthetics, Fibertex Nonwovens A/S, Propex Operating Company LLC, Tensar Corporation, Strata Systems Inc., Techno Fabrics Geosynthetics Pvt. Ltd., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Geosynthetics Market by Product

• • Geotextiles
  • Geomembranes
  • Geogrids
  • Geonets
  • Geocells

Global Geosynthetics Market by Application

• • Waste Management
  • Water Management
  • Transportation Infrastructure
  • Civil Construction

Global Geosynthetics Market by Region

• • North America Geosynthetics Market (Option 1: As a part of the free 25% customization)
    • North America Geosynthetics Market by Product
    • North America Geosynthetics Market by Application
    • US Geosynthetics Market All-Up
    • Canada Geosynthetics Market All-Up
  • Europe Geosynthetics Market (Option 2: As a part of the free 25% customization)
    • Europe Geosynthetics Market by Product
    • Europe Geosynthetics Market by Application
    • UK Geosynthetics Market All-Up
    • Germany Geosynthetics Market All-Up
    • France Geosynthetics Market All-Up
    • Spain Geosynthetics Market All-Up
    • Rest of Europe Geosynthetics Market All-Up
  • Asia-Pacific Geosynthetics Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Geosynthetics Market by Product
    • Asia-Pacific Geosynthetics Market by Application
    • China Geosynthetics Market All-Up
    • India Geosynthetics Market All-Up
    • Japan Geosynthetics Market All-Up
    • Rest of APAC Geosynthetics Market All-Up
  • RoW Geosynthetics Market (Option 4: As a part of the free 25% customization)
    • RoW Geosynthetics Market by Product
    • RoW Geosynthetics Market by Application
    • Brazil Geosynthetics Market All-Up
    • South Africa Geosynthetics Market All-Up
    • Saudi Arabia Geosynthetics Market All-Up
    • UAE Geosynthetics Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Geosynthetics Market All-Up

 

Major Players Operating in the Geosynthetics market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Solmax
  • NAUE GmbH & Co.
  • Berry Global Inc.
  • Agru America Inc.
  • Global Synthetics
  • Fibertex Nonwovens A/S
  • Propex Operating Company LLC
  • Tensar Corporation
  • Strata Systems Inc.
  • Techno Fabrics Geosynthetics Pvt. Ltd.