Press release
Geosynthetics Market 2018-2024 | Tenax Corporation, HUESKER Group, Tensar International Corporation, Terram Geosynthetics Pvt Ltd, CTM Geosynthetics, Strata Systems
GMI
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Geosynthetics Market size is set to surpass USD 12 billion by 2024. Rapid urbanization in China, India and Brazil along with favorable government initiatives to improve infrastructure will favor housing, transport, construction and energy industries, thereby driving geosynthetics market size. Increasing environmental concerns along with shift in consumer trends towards green buildings and material should positively influence industry growth.
Strict environment norms implemented by EPA and REACH for construction industries coupled with increase in infrastructure spending in residential sector owing to massive movement of migrants to western countries and rising living standards of consumers should propel industry growth. Growth in geotextile market size is expected in construction application due to superior characteristics such as tensile strength, porosity, flexibility, permeability and compatibility should boost geosynthetics demand.
Geotextile market size from pavement repair applications should exceed USD 480 million by 2024. It possesses high tensile strength, permeability, abrasion resistance and porosity, thus restricting water percolation and preventing crack formation in pavements and roads. Increasing demand for geotextiles as physical in barrier between the aggregate and weak part of subgrade soil and reduction of repair & construction cost and time should favor geosynthetics market growth.
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TENAX, Royal TenCate, Tensar International, Fibertex, TYPAR and Huesker are the prominent industry participants in geosynethtics market. Strong R&D spending by manufacturers in order to comply with various environmental regulations may improve and expand product portfolio thereby stimulating industry growth.
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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