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Geotextiles Market Size expected to CAGR Of 12.6 % in 2025 | SKAPS Industries, TYPAR (Polymer Group, Inc.), Fibertex Nonwovens A/S, Low & Bona, Koninklijke Ten Cate bv, Maccaferri, GSE Environmental, NAUE GmbH & Co. KG, Propex Operating Company, LLC.
Geotextiles Market
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The study covers the global geotextiles market value and volume for a period ranging between 2015 and 2025. The global geotextiles market report also covers drivers, restraints, opportunities, value chain, Porter’s Five Forces analysis, and raw material analysis. The study covers the global geotextiles market trends with a deep-dive into key regions and countries. It also includes the global geotextiles market growth for the time period mentioned above. The global geotextiles market share for different product types and applications have been covered in the study. The geotextile market in India has been separately analyzed in the study.
Use of geotextile has become more popular in civil engineering earthworks to construct firm bases and proper reinforcement of soil. Construction of firm base plays an important role in the construction of temporary as well permanent highways and roads.
By 2025, the global geotextiles market size is estimated to reach USD 13.76 billion by 2025 driven by the growing demand for the product from the end-user industry, majorly construction of roads. Rising construction activities in emerging economies coupled with favorable properties associated with non-woven fabric are driving the global geotextiles market growth.
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Increasing attractiveness of geotextiles as a cost-saving substitute for traditional construction raw materials such as sand and stone is providing the global geotextiles market enormous growth potential. Furthermore, the increasing shortage of these minerals in the coming decades coupled with increasing transportation cost due to long distances between gravel pit and construction site is likely to provide an impetus to the global geotextiles market size.
In terms of product type, non-woven category generated maximum market revenue worth 60.4% within the global geotextiles market share in 2017 and is anticipated to show a similar trend over the forecast period. Non-woven fabrics are the one that is directionally or randomly oriented fibers that are bonded either by cohesion and/or friction and/or adhesion and forms a web or sheet-like structure.
In terms of region, Asia Pacific dominated the global geotextiles market, both in terms of revenue and volume, in 2017 and is likely to witness a similar trend over the forecast period. Growing demand for geotextiles in developing economies, such as India and China, is one of the key factors driving the Asia Pacific market.
Use of geotextiles in drainage application is estimated to grow at a CAGR of more than 10% followed by erosion prevention. Road construction is still the largest application area of geotextiles which includes constructions of temporary roads and yards, permanent roads, and repair of permanent roads. Rapid infrastructure development in Russia, India, China, South Africa, and GCC countries is driving the demand for geotextiles in the construction of roads.
India has one of the largest road networks in the world. Rapid urbanization, the establishment of a large-scale industrial sector, and government initiatives to connect cities, towns, and villages to each other are anticipated to drive the demand for geotextiles. The geotextile market in India is anticipated to grow significantly with the increasing adoption in all architectural structures in line with the growing Smart City initiative across the country.
Key players present in the global geotextiles market include SKAPS Industries, TYPAR (Polymer Group, Inc.), Fibertex Nonwovens A/S, Low & Bona, Koninklijke Ten Cate bv, Maccaferri, GSE Environmental, NAUE GmbH & Co. KG, Propex Operating Company, LLC.
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Key segments of the global geotextiles market
Type Overview, 2015-2025 (USD Billion) (Million square meters)
• Non-Woven
• Woven
• Knitted
Application Overview, 2015-2025 (USD Billion) (Million square meters)
• Road Construction
• Erosion Control
• Drainage
• Others (GCL, Composites among others)
Region Overview, 2015-2025 (USD Billion) (Million square meters)
• North America
• U.S.
• Canada
• Europe
• Germany
• Asia Pacific
• China
• India
• Rest of the World
Research Methodology
Adroit Market Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. We are a team of highly curious individuals who enjoy finding and analyzing patterns across different domains of business and trade. We are an extremely detail-oriented team of analytical minds who can identify, analyze and follow trends to create insightful stud
About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
Contact Information:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
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