Press release
China Geotextiles Market Analysis Trends, Demand and Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled "China Geotextiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the China geotextiles market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.How Big is the China Geotextiles Market?
The China geotextiles market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028.
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What are Geotextiles?
Geotextiles are specialized textile materials designed to enhance the performance and durability of civil engineering and construction projects. These versatile materials are engineered to provide strength, stability, and reinforcement to soil structures and foundations. By effectively distributing loads, controlling soil erosion, and improving drainage, geotextiles contribute to the long-term integrity and resilience of structures. They also play a pivotal role in stabilizing soil and preventing soil migration, making them a fundamental component in modern construction practices, addressing challenges posed by varied soil conditions and ensuring the sustainability of projects. As a result, they find extensive application in various sectors, such as infrastructure development, environmental protection, and geotechnical engineering in China.
What are the growth prospects and trends in the China geotextiles industry?
At present, rapid urbanization and infrastructural expansion represents one of the key factors catalyzing the demand for geotextiles in China. Apart from this, the growing utilization of geotextiles in developmental projects for stabilizing slopes and providing ground support is offering a favorable market outlook in the country.
Moreover, the increasing need for environmental protection and sustainable urban planning is encouraging the usage of geotextiles in erosion control, sediment retention, and wastewater management systems is propelling the growth of the market in China.
In addition, the rising focus of governing agencies in China to construct safe, durable, and eco-friendly structures is strengthening the growth of the market.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6214&flag=C
The report has segmented the market on the basis of material, product and application.
Breakup by Material:
• Synthetic Geotextiles
• Natural Geotextiles
Breakup by Product:
• Non-Woven Geotextiles
• Woven Geotextiles
• Knitted Geotextiles
Breakup by Application:
• Road Construction and Pavement Repair
• Erosion Control
• Drainage
• Railway Work
• Agriculture
• Others
Who are the key players operating in the industry?
The report covers the major market players including:
BASF (China) Company Limited, Earthmate Geosynthetics, Ecoweb GeoCellular Synthesis Co. Ltd., Fibertex Nonwoven Trading (Shanghai) Co. Ltd., Freudenberg Business Management (Shanghai) Co. Ltd., Geotrst Environmental Science Technology (Shanghai) Co. Ltd., Hock Technology Co. Ltd., Maccaferri (Changsha) Environ-Tech Co., Ltd., Ten Cate Industrial Zhuhai Co. Ltd. and Tiandingfeng Holding Co., Ltd.
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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