Press release
Inflated Adoption of Geotextiles Market to Fuel Revenue Growth During the Forecast Period 2015 - 2025
Geotextiles Market: IntroductionGeotextiles are been used for agriculture and civil applications for thousands of years. In past, materials such as natural fibres and vegetation mix were used to produce geotextiles. Now a days, synthetic and natural fibres/polymers are used to produce geotextiles. The synthetic polymers that are used in the production of geotextiles are polyamides, polyethylenes,
polypropylene and polyester. Geotextile fabrics are used to produce grids, mats, nets and webs. Vegetation or plant based geotextiles have less shelf life as compared to synthetic fibres/polymer. Synthetic fibres do not get affected by the biological or chemical reactions/processes. The geotextiles have evolved and currently geotextiles are largely used in the civil engineering applications, due to their properties such as flexibility and texture suitable. Synthetic geotextiles materials are petrochemical based products, due to which, they are not environment friendly as they are responsible for carbon emission. Synthetic geotextiles are non-renewable as well.
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Geotextiles Market: Dynamics
Geotextiles are inexpensive and thus preferred for various functions such as separation, filtration, reinforcement, protection and drainage in civil engineering applications, due to which the global geotextile market is expected to grow during the forecast period. Global geotextile market is forecast to propel during the forecast period due to expected growth in the construction and agriculture industries.
Properties such as flexibility and permeability of geotextiles are expected to fuel the growth of the global geotextiles market during the forecast period. Durability and cost effectiveness is also expected to fuel the growth of the global geotextile market during the forecast period.
Geotextiles industry players are constantly innovating the geotextiles, due to government push and to increase their market share in the global market, which is expected drive the global geotextile during the forecast period.
Though, the importance of the geotextiles is on the rise globally, as synthetic geotextiles are petrochemical based products, they cause carbon emissions, due to stringent government regulations to reduce the carbon footprint, the growth in the global geotextile market is inhibited.
Geotextiles Market: Segmentation
Based on end-use application
Drainage
Road Construction
Erosion Control
Others
Based on type
Woven
Non-Woven
Knitted
Based on material type
Polyester
Polyethylene
Polypropylene
Others
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Geotextiles Market: Regional Outlook
The global geotextiles market is expected to register a single-digit CAGR for the forecast period. Depending on geographic regions, global geotextiles market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa (MEA).
In terms of market revenue, Asia Pacific Excluding Japan geotextiles market is projected to register a significant CAGR during the forecast period. Growing construction industry is fuelling the growth of geotextiles market in APEJ. Growth in population and economic improvement in APEJ are also responsible for growth in geotextiles.
Geotextiles Market: Key Players
Some of the key market participants in global geotextiles market are Royal Ten Cate (TenCate), Geosynthetic Lining Systems (GSE) Environmental, NAUE Gmbh & Co. KG, Propex Global, Fibertex Nonwovers, Fiberweb PLC and Global Synthetics.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments by geographies and by end-use application, by materials and by type.
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