Geosynthetics Market Detailed Analysis Of Current Scenario With Growth Forecasts To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the geosynthetics market report by The Business Research Company, the growth of the construction industry is contributing to the growth of the geosynthetics market. The construction industry mainly involves building and repairing structures. Geosynthetics are considered to improve the quality of factory-manufactured construction products as they provide an economical solution for various functions such as separation, filtration, reinforcement, drainage, waterproofing, erosion control, containment, and protection.

The global geosynthetics market size grew from $11.64 billion in 2022 to $12.65 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The geosynthetics market size is expected to grow to $16.98 billion in 2027 at a CAGR of 7.6%.

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Major competitors in the geosynthetics market include Koninklijke Ten Cate B.V, GSE Holdings Inc., NAUE GmbH & Co. KG, Texas Spa, Fibertex Nonwovens A/S, HUESKER Synthetic GmbH, Tensar International Corporation, AGRU America Inc., Low & Bonar PLC, Groupe Solmax Inc., Officine Maccaferri SpA, Asahi Kasei Advance Corporation, Belton Industries Inc., and Propex Operating Company LLC.

The geosynthetics market is segmented -
• By Type: Geotextiles, Geomembranes, Geogrids, Geofoam, Geonets, Other Types

• By Material: Polyethylene, Polypropylene, Polyester, PVC, Other Materials

• By Function: Separation, Filtration, Drainage, Reinforcement, Protection (Cushion), Barrier Or Containment, Erosion Control

• By Application: Waste Management, Water Management, Transportation Infrastructure, Civil Construction, Other Applications

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the geosynthetics market.

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Geosynthetics are man-made synthetic materials that are in the shape of strips, sheets, or three-dimensional structures constructed of polymeric or natural materials. They are simple to prepare and transport and they can aid in the greening of construction projects. Geosynthetics have been effectively used to conduct a variety of functions that considerably contribute to the good performance of roadways.

The Table Of Content For The Geosynthetics Market Include:
1. Executive Summary
2. Geosynthetics Market Characteristics
3. Geosynthetics Market Trends And Strategies
4. Geosynthetics Market - Macro Economic Scenario
5. Geosynthetics Market Size And Growth
6. Geosynthetics Market Segmentation
……
26. Africa Geosynthetics Market
27. Geosynthetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Geosynthetics Market
29. Geosynthetics Market Future Outlook and Potential Analysis
30. Appendix

The "Global Geosynthetics Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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