Press release
Geosynthetics Market 2024 Key Players Tenax Corporation, HUESKER Group, Tensar International Corporation, Terram Geosynthetics Pvt Ltd, CTM Geosynthetics, Strata Systems
Geosynthetics Market
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Geosynthetics Market may surpass USD 17 billion by 2024; according to a new research report. Increasing need for improved infrastructure in public and private sectors, along with stringent regulatory norms should propel geosynthetics market. Increasing urbanization in India, Brazil and China along with supportive government policies towards infrastructure development such as road, dam, and canal, thereby stimulating industry growth.
Geogrid market from road construction applications may register significant gains at over 4.5%. It is used in road construction of various highways and rail roads which facilitate the overall construction and improve unpaved low-volume roads performance on weak subgrades. Companies are extending supply and design of embankments, reinforced soil bridge abutments, and retaining walls which may further stimulate geosynthetics market demand.
HDPE based geonets market is expected to grow at over 5% during the forecast timeframe. Positive application outlook in soil reinforcement due to tensile strength, porosity, and permeability should drive geosynthetics market. They are widely used in hazardous landfill system as a barrier and drainage.
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Geomembranes market from water management applications may register gains at over 4%. It has wide usage in lining and directing flow in canals, retention ponds, ditches, catch basins and other water holding areas. PVC liners are used extensively in irrigation, navigation channels, lining water ponds, floating covers, wastewater treatment facilities, and potable water reservoirs, thereby escalating geosynthetics market demand.
North America led by Canada and the U.S. geosynthetics market demand is expected to be over USD 4.5 billion by 2024. AASHTO has considered various standard specification for geotextiles and registered installation norms for application in separation, erosion control, pavement, and drainage.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Geosynthetics market 3600 synopsis, 2017 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Regional trends
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Chapter 3. Geosynthetics Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.3.3. Profit margin by position
3.4. Technology landscape
3.5. Raw material analysis
3.5.1. Polypropylene (PP)
3.5.2. Polyethylene (PE)
3.5.3. High density polyethylene (HDPE)
3.5.4. Low density polyethylene (LDPE)
3.5.5. Polyester
3.5.6. Polyvinyl Chloride (PVC)
3.5.7. Coir
3.5.8. Jute
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Pricing analysis
3.7.1. Regional Pricing
3.7.1.1. North America
3.7.1.2. Europe
3.7.1.3. Asia Pacific
3.7.1.4. LATAM
3.7.1.5. MEA
3.7.2. Cost structure analysis
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.1.1 North America: Increasing shale gas production
3.8.1.2 Europe: Favorable regulations
3.8.1.3. Asia Pacific: Positive construction outlook
3.8.1.4. LATAM: Strong application scope in mining industry
3.8.1.5. MEA: Sustainable and environmental friendly infrastructure
3.8.2. Industry pitfalls & challenges
3.8.2.1. Fluctuating raw material prices
3.9. Innovation & sustainability
3.10. Growth potential analysis, 2016
3.10.1. Emerging business models
3.11. Porter's analysis
3.12. Competitive landscape, 2016
3.12.1. Strategy dashboard
3.13. PESTEL analysis
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