Geocells Market is expected to expand at a CAGR of 5.5% by during 2022 to 2027|Presto Geosystems, Strata Systems and more

Geocells Market Forecast to 2025

Persistence Market Research in its recent report titled, "Geocells Market: Global Industry Analysis and Forecast; 2016-2025", projected global geocells market to exhibit CAGR of 8.8% during 2016 to 2027. Consumption of geocells is projected to reach 428.2 million square meter by 2027 reflecting a CAGR of 5.5% during the forecast period.

The Geocells Market report provides an in-depth analysis of the current and future market trends, as well as the key players and their respective strategies. Geocells are a type of flexible polymeric lattice used to reinforce soil and other materials for the construction of roads, embankments, retaining walls, and more. Geocells have been used for decades in engineering applications to create stronger structures that are able to withstand greater levels of stress from wind, water pressure, and even earthquakes.

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Geocells are increasingly being utilized as a preferred method for reinforcing soil because they offer several advantages over traditional methods. Geocells are easy to install with minimal labor requirements; require no maintenance; have no hazardous components; are light-weight; dependable; provide excellent mechanical properties; promote vegetation growth; conserve energy; reduce water loss due to evaporation; provide a stable base for roadways and embankments.

Geocell usage can also help reduce costs related to environmental remediation by reducing carbon emissions. As such, there is an increasing demand for Geocells in civil engineering applications such as landfill capping systems, steep slope reinforcement/retaining walls, storm water management systems, roadways/highways resurfacing projects, erosion control projects, beach nourishment & shoreline stabilization projects, streambank protection & restoration systems, hydraulic structures & containment berms/dikes/levees etc.

Key Companies-

• Presto Geosystems
• Polymer Group Inc.
• Strata Systems Inc.
• Armtec Infrastructure Inc.
• Maccaferri SPA
• PRS Mediterranean Ltd.
• Tensar International Ltd.
• Others

In addition to civil engineering applications Geocells have also found numerous uses in agricultural projects such as livestock containment areas & feed lots or pond lining etc. The Geocell market is further driven by factors such as government initiatives aimed at improving infrastructure across various countries including India and China which has led global players offering special geocell solutions for large scale infrastructural projects such as highways or dams etc., thereby driving demand from Asia Pacific region.

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In order to capitalize on growing opportunities presented by the Geocell market global players have adopted various strategies such as investing heavily into research & development activities so as to expand their product portfolio while developing new solutions specifically tailored towards specific needs of customers located within particular geographical regions. For example geogrids manufactured out of Polyethylene (PE) material instead of high density polyethylene (HDPE) material offer better stiffness than HDPE geogrids but at lower cost which makes them more affordable solution for certain applications especially those situated in emerging economies where cost containment is very important parameter while making decisions regarding project execution.

Furthermore key industry players invest into aggressive marketing campaigns so they can reach out potential customers located across different regions while also developing strategic partnerships with leading distributors across different regions thereby ensuring their products reach end users without any delays or complications. In conclusion it can be said that with rising demand from both civil engineering sector and agricultural sector robust growth prospects exists for Geocell Market during forecast period and various strategies adopted by key industry players would help them capitalize on opportunities available within regional markets thus driving revenue growth at global level over next few years.

Drivers and trends impacting the market

Infrastructure development activities, construction sector output and a growing urbanisation trend are some of the macro-economic drivers of the market. Developed economies have formulated regulations concerning erosion control and sustainable infrastructure development. Such regulations and initiatives are identified as underlying driving factors of the market. On the flipside, low awareness of geocells amongst infrastructure developers in emerging economies and competition from substitute products, such as geogrids and geomembranes are identified as minor restraints in the global geocells market.

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Market forecast

From materials perspective, high density polyethylene (HDPE) is extensively used across the globe for geocells manufacturing followed by polypropylene, polyester and other polymeric alloys. HDPE commanded around 68.6% share by value in 2014 and is projected to remain the largest market segment by 2025 with a share of around 64%. Prices for these materials are anticipated to increase over the forecast period owing to increasing energy costs, crude oil prices and complex manufacturing processes.

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