Geosynthetics Market Size is expected to reach $21920 Million by 2027

In 2020, the global Geosynthetics market size was US$ 13960 million and it is expected to reach US$ 21920 million by the end of 2027, with a CAGR of 6.7% during 2021-2027.

Geosynthetics is the term coined to describe a class of synthetic materials that has been developed for geotechnical applications. They are widely used in construction, containment, drainage systems, soil reinforcement and erosion, and transportation

Global Geosynthetics key players include Solmax , Propex,Koninklijke TenCate, etc. Global top three players hold a share about 10%.

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Asia-Pacific is the largest market, with a share about 40%, followed by North America and Europe, having a total share about 50 percent.

In terms of product, Geotextiles is the largest segment, with a share about 60%. And in terms of application, the largest application is Building, followed by Roads and Bridges, Agriculture, Dam, etc.

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Global Geosynthetics Scope and Market Size

Geosynthetics market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Geosynthetics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Geosynthetics market is segmented into

o Geotextiles
o Geomembranes
o Geogrids
o Others

Segment by Application, the Geosynthetics market is segmented into

o Building
o Roads and Bridges
o Agriculture
o Dam
o Others

The major companies include:

o Solmax
o Propex
o Koninklijke TenCate
o Geofabrics Australasia
o DuPont
o Huesker
o NAUE
o Tensar International
o Freudenberg Group
o Enviro Geosynthetics
o Tenax
o ACE Geosynthetics
o Feicheng Lianyi
o Taian Modern Plastic
o Shandong Hongxiang New Geo-Material

Similar Reports :

Geomarketing Market: https://reports.valuates.com/market-reports/QYRE-Auto-1I3069/covid-19-impact-on-global-geomarketing

Geogrids Market: https://reports.valuates.com/market-reports/QYRE-Auto-30D4312/global-geogrids

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