Geosynthetics Market Size By Product (Geotextile {By Material (Synthetic [Polypropylene, Polyester, Polyethylene], Natural [Jute, Coir])}, By Product {Non-Woven, Woven, Knitted}, By Application {Road Construction, Erosion Control, Pavement Repair, Drainage, Railroad, Agriculture}), (Geogrids {By Material [Polyester, HDPE, PP], By Product [Uniaxial, Biaxial, Multi-Axial], By Application [Road Construction, Railroad, Soil Enforcement]}), (Geomembranes {By Material [HDPE, LDPE, EPDM, PVC], By Technology [Calendering, Extrusion], By Application [Water Management, Waste Management, Tunnels & Civil Construction, Mining]}), (Geonets {By Material [Polyethylene, HDPE, MDPE], By Application [Road Construction, Drainage, Railroad]}), (Geocells {By Material [HDPE, PP, Polyester], By Application [Earth Reinforcement , Load Support, Channel Protection, Slope Protection, Tree Root Protection]}), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, South Korea, Malaysia, Thailand, Australia, Brazil, South Africa, UAE, Saudi Arabia), Price Trend, Competitive Market Share & Forecast, 2017 – 2024

Published Date: December 2017 | 650 Pages | Report ID: GMI2254 Report Format: PDF

Inquiry Before Buying   Request Sample
Summary Table of Contents Industry Coverage Methodology

Industry Trends

Geosynthetics Market size was over USD 7 billion in 2016 and industry expects consumption above 11 billion square meters by 2024.
 

U.S. Geosynthetics Market Size, By Product, 2016 & 2024, (USD Million)

U.S. Geosynthetics Market Size, By Product, 2016 & 2024, (USD Million)

Growing need for new and improved infrastructure in both public and private sectors, along with strict regulatory norms should stimulate geosynthetics market size. Strong application outlook in construction industry with favourable government schemes for infrastructure development should boost product demand. They are mainly produced in the U.S. plastics and textile mills due to stringent quality control procedures by creating superior materials consistency.
 

Increasing demand for geotextiles based synthetic polymers including polyamides, polyesters, polyethylene and polypropylene in construction application owing to its cost-effectiveness and superior properties such as porosity, tensile strength, flexibility, compatibility and permeability should stimulate geosynthetics market demand. Global construction spending may exceed USD 12 trillion by 2024. Rise in infrastructure spending in India, China and Indonesia coupled with favourable regulatory norms pertaining to the usage of geotextiles based natural fibres such as jute and coir in promoting vegetative growth and mitigate soil erosion should enhance product demand.
 

Geomembranes are used in collection, containment and conveyance of drinking water, thereby preventing water loss. They are impermeable membrane which helps in protecting groundwater against spoilage with contaminated water compared to its counterparts such as admix materials, soils, clays and concrete. Growth in consumer awareness regarding water conservation in construction and manufacturing sectors along with increased spending by manufacturing companies on water management regarding minimization of environmental pollution and carbon emission should boost product demand, resulting into increase in geosynthetics market demand.
 

Geonets have positive application outlook in railroad and road construction owing to abrasion resistance, tensile strength, porosity, permeability and allows passage of water through it without any soil erosion. They provide physical barrier between the weak subgrade soil and the aggregate, thereby increasing the life span of the road. Chinese government invested over USD 17 billion in expansion of railways whereas Indian National Highway Department planned to undertake expansion of 13,000 km of highway & road, thereby enhancing product demand. Rise in living standards for consumers to afford personal vehicles will further drive geosynthetics market size.
 

Key raw materials, polyethylene, propylene, polyester and polyamide are used in manufacturing process of various geosynthetics. Volatility in raw material prices owing to wide usage in various end-use industries such as automotive and packaging may pose threat to industry profitability and impact geosynthetics market price trend.
 

Geosynthetics Market, By Product

Non-woven geotextiles market size should expect growth close to 5.5% by the end of forecast period. Synthetic non-woven geotextiles are made up of polyester, polyethylene and polypropylene which are chemical resistant and pose high strength and UV finish properties. Strong application in filtration, drainage, separation, railroad and road construction owing to high availability and longer life span along with supportive regulations regarding usage of jute in roads construction will boost product demand, thereby stimulating geosynthetics market size.
 

Geogrid market size from road construction applications should surpass USD 840 million by 2024. They are used as reinforcement materials on mellow soils for car roads and railways for erosion protection of slopes, thereby enhancing longer road lifespan. Shift in consumer trends towards modern construction with better aesthetics and other infrastructural development has led to growth in construction output in India, Brazil and China, resulting into overall geosynthetics market demand.
 

HDPE based geomembranes market size exhibit superior shear strength, weatherability, UV resistance and may register gains at over 4.5% by 2024. Positive application outlook in waste management and mining along with ease of availability and low manufacturing cost will boost product demand, thereby stimulating geosynthetics market demand.
 

Geonets market size from drainage application should exceed USD 325 million by 2024. Geonets function with geomembranes or geotextiles and these layers are used to remove fine particles or moisture. Rise in infrastructure development along with rapid industrialization and urbanization rate in UK, France and Germany may positively influence geosynthetics market growth.
 

Polypropylene based geocells market size should witness significant gains at over 5.5%. They are widely used in construction for soil stabilization and erosion control on steep slopes and flat ground. Geocells increase the shear strength of confined soil, thereby resulting in long-term reinforcement. Shift in consumer focus towards green buildings and materials in Europe to conserve resources and reduce GHG emissions, should drive geosynthetics market size.
 

 Geosynthetics Market, By Region

Europe geosynthetics market size, driven by UK, France, Italy, and Germany should register growth at over 4%. Rise in government spending for green buildings, roads, railways and airports along with various norms for waste water treatment and solid waste collections owing to growing environmental concerns should drive regional growth.
 

China geosynthetics market size should exceed USD 1.5 billion by 2024 owing to its wide application scope in construction and water treatment sectors. Low manufacturing costs and labor wages should support industry players to set up production units in the region. Increase in infrastructural spending owing to favorable government initiatives accompanied with growth towards central National New-Type Urbanization Plan in China should favor industry growth.
 

Brazil geosynthetics market size should witness significant growth at over 5.5% by 2024. Brazil government has started Growth Acceleration Program (PAC) for new infrastructural development, which may accelerate industry growth. Increase in commercial construction owing to growing urbanization rate should drive regional growth. Various infrastructural projects are started in the region which will enhance industry growth in soil reinforcement, filtration and drainage applications.
 

Competitive Market Share

Global geosynthetics market share is competitive and moderately consolidated with some of industry participants include Royal TenCate, TENAX, Huesker, TYPAR, Tensar International and Fibertex. Some of other manufacturing companies include Terram Geosynthetics, TechFab India, CTM Geosynthetics, Strata Systems, Jeevan Group, and Tuflex India which cater to domestic and international market.
 

Manufacturing companies are focusing in expanding business across regions and developing strategies to size up production capability and strengthen global presence. Companies are also forming partnerships and acquire with local & regional companies to open new market opportunities, and further accelerate geosynthetics market demand.
 

Geosynthetics Industry Background

Geosynthetics are products made from polymeric material which are used to stabilize terrain. It comprises of geotextiles, geogrids, geomembranes, geonets and geocells. Separation, drainage, barrier, reinforcement, containment, filtration and surface erosion control & protection are various functions of the product.
 

Geosynthetics are prefabricated in large sheets and quickly installed resulting into less construction time of roads. Growth in road construction owing to rise in government schemes and projects may propel industry growth demand. It lessens environmental damages triggered by material handling equipment, quarrying, and natural resources including stone, rocks, and sand excavation. Technological advancement in manufacturing processes along with constant efforts by manufacturers to meet standards and specifications to control environmental pollution will drive industry growth.
 


What Information does this report contain?

What was the historic market data from 2013 to 2016, what is the industry growth forecast from 2017 to 2024?
A detailed analysis of regulatory trends, growth drivers, industry pitfalls, challenges and opportunities for participants
Which are the leading market products, applications & regions and how will they perform by 2024?
What are the technology & innovation trends, how will they evolve by 2024?
Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?


Why Global Market Insights?

 Comprehensive Research
  • All-inclusive coverage
  • In-depth and granular data (ex: information for 8 to 15 countries, with clients open to add to this list, in each report)
  • Penetrative insights & latest trends
  • Offers holistic understanding of the market
 Data Accuracy & Reliability
  • Unique methodology
  • Iterative in nature to eliminate errors
  • Detailed methodology, scope, assumptions and data sources available for reference
 Post-Sales Support
  • Committed to making a positive difference for our clients
  • Given the nature of this industry, we are committed to ensure that our clients get maximum return on their investment in our services
  • Every purchase comes with an option to obtain additional information:
    • up to 10% of the original cost
    • 45-minute analyst tele-call to obtain further clarity on the market.
 Security & Confidentiality
  • Global Market Insights, Inc. strictly adheres to PCI-DSS security norms.
  • Only PCI-DSS compliant payment methods used for highest level of client data security
This site is protected by Trustwave's Trusted Commerce program Authorize.Net Merchant - Click to Verify

Connect with our sales team