Increasing investments in infrastructure development and waste management in developing countries are some key factors driving global geosynthetics market growth
The Geosynthetics report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report is an all-inclusive document that covers the drivers, restraints, challenges, emerging trends, consumer patterns, pricing analysis, and market estimation.
The global geosynthetics market size reached USD 9.44 Billion in 2020 and is expected to register a revenue CAGR of 5.8%, during the forecast period, according to latest analysis by Emergen Research. Increase in infrastructure development and waste management investment in developing countries are major factors driving global geosynthetics market revenue growth.
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Geomembranes are utilized as lining solutions and waterproofing systems in railway infrastructure including tunnels, bridges, and railways terminals, which is expected to boost demand owing to expansion of networks and also due to need for repair and maintenance following recent major flooding and structural damage, attributable to climate change and changing weather conditions.
Tonality Pointer of the Report
- Geomembranes segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. Polymeric sheets composed of polyethylene, polyvinyl chloride (PVC), and polypropylene are used to produce geomembranes. Owing of excellent chemical resistance and longevity, geomembranes are widely utilized in landfill applications, which is expected to boost revenue growth of this segment going ahead.
- PVC segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising usage of PVC for manufacturing and fabrication of geomembranes. PVC is a thermoplastic synthetic polymer produced from vinyl chloride that is used to manufacture geomembrane.
- Asia Pacific is expected to account for a larger revenue share than other regional markets over the forecast period. Market growth in Asia Pacific is expected to be driven by increasing demand for oil reinforcement in the foundation work of residential structures in countries such as China and India.
- Some major companies in the market report include Berry Global, Inc., Agru America, Inc., Solmax International Inc., Officine Maccaferri SpA, NAUE GmbH & Co. KG, Contech Engineered Solutions LLC, Low & Bonar plc, Propex Operating Company LLC, Tensar International Corporation, and HUESKER Group
The dissolution of the Geosynthetics market is done on the basis of product types, application spectrum, and the key regions of the Geosynthetics market. Along with this, the report also provides extensive coverage of the key companies and their strategic schemes to gain a substantial market position.
- Type Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Material Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
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The report offers an exhaustive overview of the global Geosynthetics market scenario pertaining to market value, volume, production and consumption rates, and market segmentation based on types, regions, and applications.
Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Addressed in the Report:
- Who are the leading players of the Geosynthetics industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of the Geosynthetics market?
- Which segment is expected to garner traction during the coming years?
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Geosynthetics Market Segmentation & Impact Analysis
4.1. Geosynthetics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Rising waste management investment in developing countries
22.214.171.124. Increasing number of new road construction
126.96.36.199. Rising construction activities
188.8.131.52. Rising infrastructure development investments
4.2.3. Market restrains analysis
184.108.40.206. Raw material costs fluctuations
220.127.116.11. Inadequate quality control
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Geosynthetics Market By Type Insights & Trends, Volume (Million Square Meter), Revenue (USD Billion)
5.1. Type Dynamics & Market Share, 2021–2028
Conclusion Of the Report:
To conclude everything stated above, the report offers a panoramic view of the Geosynthetics market in both the global and regional markets, supported by key statistical data and industry-verified facts. It offers a thorough examination of the size, share, and market volume of the Geosynthetics industry to forecast the same evaluations until 2028. It also studies and analyzes the different growth prospects and opportunities, along with threats that the players might face in the Global Geosynthetics Market.
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