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Cellular Confinement Systems Market Trends, Challenges, and Growth Drivers Analysis Premium Insight Market 2023

04-03-2018 02:17 PM CET | Energy & Environment

Press release from: Infinium Global Research

Cellular Confinement Systems Market Trends, Challenges,

Cellular confinement systems are also known in the industry as geocells. These systems are widely used for the protection of soil erosion, slop protection and channel protection owing to its honeycomb structure.  Globally, the cellular confinement systems are widely used in the construction industry. The global market size of cellular confinement systems market (geocells market) in terms of revenue is projected to grow at a CAGR between 8.5% and 9.0% over the period of 2017 to 2023.

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Market Insights

The global Cellular confinement systems market was sized over USD 950 million in 2015. In terms of volume, the global Cellular confinement systems market is projected to grow with a CAGR between 5.5% and 6.0% during 2017-2023. The global market for cellular confinement systems (geocells) is projected to experience substantial growth over the forecast period, primarily due to growing demand from emerging markets of Asia Pacific and Latin America, owing to its increasing use in construction segment.

Rapid infrastructure and road developments, growing urbanization in emerging markets, increasing usage of geocells in slope and channel protection are the primary factors that are likely to drive the growth in this market over the forecast period. On the other hand, prevalence of substitutes to geocells is likely to restrain the growth in this market over the period of 2017 to 2023; however the impact of this restraining factor is projected to be minimal in the longer run.  The ongoing research and development activities in the cellular confinement systems design is projected to create more opportunities for the heavy load applications over the years to come.    

Segments Covered:

The report segments the cellular confinement systems market by materials, and applications. On the basis of materials used for manufacturing of cellular confinement systems the market covers analysis of high density polyethylene (HDPE), polypropylene, polyester and other materials. The HDPE segment accounted for the largest market share both in terms of value and volume.

On the basis of applications, the market is segmented as earth reinforcement applications, construction, slope protection, railways and roadways, and others. Among the applications the earth reinforcement segment accounted for the largest market share, while construction segment is projected to grow at the highest CAGR over the forecast period.

Geographic Coverage and Analysis:

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.

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North America was the largest market among the geographies due to significant use of cellular confinement systems in the earth reinforcement and slop protection segments. Moreover, these systems are widely used in the railways and roadways applications in the North America region. The Asia Pacific region is projected to grow at the highest CAGR over the forecast period.  The emerging markets of Asia Pacific and Latin America such as India, China, and Brazil are among the fastest growing economies and these economies are projected to experience substantial growth over the forecast period.

Companies Profiled:

The companies covered in the report include Polymer Group Inc., Geocell Systems Inc., Strata Systems inc., Presto Geosystems, TMP Geosynthetics, ABG Geosynthetics, Huifeng Geosynthetics, SABK International, Tensar International Ltd. Admir Technologies and Armtec infrastructure Inc.

Report Highlights:

The report provides deep insights on demand conditions, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of cellular confinement systems globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of cellular confinement systems.

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the cellular confinement systems market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market strategies of the leading players. This report will help manufacturers, suppliers and distributors of the cellular confinement systems market to understand the present and future trends in this market and formulate their strategies accordingly.

Complete report at: https://www.infiniumglobalresearch.com/energy_mining_infra/global_cellular_confinement_systems_market

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us

Infinium Global Research,
Toll Free:
U.S. + Canada: 1-800-638-0796,
Website : https://www.infiniumglobalresearch.com
Email: sales@infiniumglobalresearch.com

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