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Europe Geogrids Market 2018-2024 | Tenax, Tensar International Corporation, Garware-Wall Ropes Ltd., Strata Systems, Inc., Maccaferri, Saint-Gobain Adfors
Europe Geogrids Market
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Europe Geogrids Market may exceed USD 460 million by 2024; according to a new research report. These products are geosynthetic materials manufactured from various polymers such as HDPE, polyesters and polypropylene further helping in cost reduction and performance improvement mainly in civil & transport infrastructure projects. They perform several functions such as drainage, separation, protection and filtration which increase their suitability for soil reinforcement applications.
UK geogrids market from railroad applications may witness gains at over 5% by 2024. Ongoing construction of upcoming railway projects coupled with rising railroad bed reinforcement demand owing to damage reduction may further accelerate growth of Europe geogrids market.
Spain geogrids market from soil reinforcement applications may witness gains at over 4% in the predicted timeframe. These products are primarily used in retaining walls, steepened slopes, bridge abutments and embankment mattresses. They also help in prolonged load-bearing and increase soil stability at varying angles which makes them highly ideal for slope reinforcement. Rising economic recovery, increasing foreign investments, employment growth and housing demand are the major factors contributing to resurgence in the infrastructure development.
The manufacture of these products requires the usage of various polymeric raw materials in the form of fibers, resins, bars or granules. Polyester filaments are synthetic polymers consisting of repeating ester units and are commonly used as ingredients in the product manufacturing. Polyester based products provide various advantages such as light weight, elasticity, cost reduction, and long product life which may stimulate industry growth. Polyester based geogrids market demand in Europe is poised to exceed USD 230 million, thereby expected to boost market growth.
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Russia HDPE based geogrids market demand may register growth close to 3.5% by 2024. It is a versatile thermoplastic polymer derived from petroleum and is used as geogrid ingredient owing to its high orientation, low cost and high chemical & creep resistance. This material is primarily used for manufacturing uniaxial products & finds usage in wall and slope soil reinforcement applications, which may further stimulate Europe geogrids market growth.
Europe geogrids market share is moderately fragmented among several participants such as TENAX SPA, Koninklijke Ten Cate B.V, Solmax GSE Inc., Huesker Synthetic GmbH and Tensar international Corporation. Many industry participants prefer to invest in innovative strategies which may result in new product development and acquisitions to enhance their product portfolio further enhancing the overall market growth.
Chapter 2: Executive Summary
2.1. Europe geogrids industry 360 degree synopsis, 2018-2024
2.1.1. Business trends
2.1.2. Country trends
2.1.3. Material trends
2.1.4. Product trends
2.1.5. Application trends
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Chapter 3: Europe Geogrids 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
3.3.2.1. Distributors
3.3.2.2. Technology providers
3.4. Global geosynthetics market overview, 2013-2024
3.5. Raw material analysis
3.5.1. High-density polyethylene(HDPE)
3.5.2. Polypropylene
3.5.3. Polyester
3.6. Regulatory/Legislative Framework
3.6.1. EU
3.6.1.1. Regulation(EU) no 305/2011 of the European parliament and of the council
3.6.2. UK
3.6.2.1. BS 8006-1:2010
3.6.3. Germany
3.6.3.1. EBGEO: DGGT: 2010
3.7. Pricing analysis
3.7.1. Cost structure analysis
3.7.1.1. Component/material costs
3.7.1.2. Manufacturing & labor costs
3.7.1.3. Technology/equipment costs
3.7.1.4. Others
3.8. Innovation & sustainability
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. Increasing demand from infrastructural projects
3.9.1.2. Rising environmental applications
3.9.2. Industry pitfalls & challenges
3.9.2.1. Installation damage threat
3.10. Growth potential analysis, 2017
3.10.1. Emerging business model
3.10.1.1. New product launch
3.11. Porter's analysis
3.12. Competitive landscape, 2017
3.12.1. Company market share analysis, 2017
3.12.2. Strategy dashboard
3.13. PESTEL analysis
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