South Asia Geosynthetics Market To Boost Regional Growth, Industry Trends, Business Demand and Challenges by 2031 | Koninklijke TenCate NV, GSE Environmental Inc.

Market Overview:

Geosynthetics are polymeric materials used along with soil, rock, earth or other geotechnical engineering related material as an integral part of human-made project, structures or systems. They are used in applications including separation, filtration, drainage, reinforcement, containment and erosion control.

Market Dynamics:

The South Asia geosynthetics market is expected to witness significant growth over the forecast period, owing to rapid infrastructure development activities in countries such as India, Bangladesh, and others. According to the India Brand Equity Foundation (IBEF), the Indian government's budget allocation for infrastructure development increased by 30% from INR 5.97 lakh crore in FY2022 to INR 7.5 lakh crore in FY2023. Further, geosynthetics find increasing usage in various applications such as roads & highways, drainage & erosion control, landfill & waste management, marine works & coastal protection, and others. This widespread usage of geosynthetics coupled with rapid infrastructure development is expected to boost the market growth.

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Major market players included in this report are:

★ Koninklijke TenCate NV
★ GSE Environmental Inc.
★ HUESKER Synthetic GmbH
★ Geofabrics Australasia Pty. Ltd.
★ Tensar International Corporation
★ Poly fabrics Australasia Pty Ltd.
★ NAUE Gmbh & Co. KG.

*Disclaimer: Major Players are sorted in no particular order.

Detailed Segmentation:

By Product Type:
✦ Geotextile
✦ Geomembrane
✦ Geogrid
✦ Goenet
✦ Geocomposite
✦ Geosynthetic Clay Liner
✦ Others (Geofoam and Geocell)

By Material Type:
✦ Polyethylene (HDPE/LLDPE, Others)
✦ Polypropylene (PP)
✦ Polyester
✦ Natural fibers
✦ Others (PVC, Synthetic Rubber, etc.)

By Primary Function:
✦ Separation
✦ Drainage and Filtration
✦ Reinforcement
✦ Containment

By Application:
✦ Road (Paved & Unpaved)
✦ Railways
✦ Retaining Walls
✦ Dams, Riverbanks, Waterworks
✦ Landfill & Erosion Control
✦ Others (Agriculture, Nursery, etc.)

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✦ Major Infrastructure Development Projects is Driving the South Asia Geosynthetics Market

South Asia region which comprises of India, Pakistan, Bangladesh etc are witnessing rise in major infrastructural projects related to roads & highways, railways, dams & canals, mining etc. Geosynthetics products like geotextiles, geomembranes, geogrids etc find wide application in construction of these infrastructure projects. Geotextiles are used as separation, filtration or reinforcement layers. Geomembranes are used for lining of landfills, waste containment etc. Geogrids are used for soil reinforcement. India invested heavily in infrastructure sector under various programs like Bharatmala, Sagarmala etc. This has boosted demand for geosynthetics. Pakistan is also investing in CPEC related infrastructure projects. Bangladesh is developing ports, roads, railways under various development programs. All these infrastructure projects act as a major driver for growth of geosynthetics market in South Asia region.

✦ Mining Activity Face Policy Hurdles is restraining the South Asia Geosynthetics Market

While mining sector is important for economic growth, it also faces various environmental challenges. Geosynthetics products like geocomposites, geotextiles etc help create more environment friendly mining operations by controlling erosion, leachate etc. However, mining projects face delays, cancellations or halt of operations due to environmental policies and local community protests in South Asian countries. For example, mining industry in India have faced issues due toForest Rights Act, coastal zone regulation policies etc. In Pakistan, Reko Diq copper-gold project faced delays and cancellation. This policy hurdles negatively impact mining production volumes, thereby affecting demand for geosynthetics products used in mining applications. Unless balanced environmental and development regulations are established, mining activity restraint would impact the South Asia geosynthetics market growth.

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✦ Use of Waste Management Infrastructure is Opening New Opportunities for Geosynthetics Market

Rapid urbanization and economic growth in South Asia has led to rise in municipal solid waste generation in major cities. There is growing awareness about scientific waste disposal and management practices. Countries are investing in developing sanitary landfill sites and waste to energy plants to tackle the waste challenge. Geosynthetics products play a key role in waste containment applications at landfills and dump sites by forming barriers using products like geomembranes and geocomposites. They help prevent groundwater contamination from leachates. Emerging waste to energy projects also use geosynthetics. For example, India plans 1500 waste to energy plants under its strategy. This rise of waste management infrastructure opens new growth opportunities for geosynthetics manufacturers to supply their geosynthetic materials like geocomposites, GCL, GML etc in waste containment applications.

✦ Growth of Recycling Industry is an Emerging Trend Boosting Geosynthetics Demand

Rapid industrialization and consumption has led to rise in plastic waste generation across industries. There is a growing emphasis on circular economy approach promoting concepts of reduce, reuse and recycle. South Asia region is witnessing emergence of formal recycling industries especially for recoverable plastic waste. Recycling industry uses geosynthetics like geotextiles and geomembranes for filtration, separation in various production processes. They are also used for lining landfills or containment of byproducts from recycling plants. As more recycling plants come up catering to industry as well as post-consumer waste streams, it will boost demand for geosynthetics required by this industry. Promoting plastic recycling is also part of strategies to cut down plastic imports in countries like India. This emerging recycling industry trend presents new market potential for geosynthetics.

Key Questions

• How much revenue will the South Asia Geosynthetics Market generate by the end of the forecast period?

• What regions currently contribute the maximum share to the overall South Asia Geosynthetics Market?

• What are the indicators expected to drive the South Asia Geosynthetics Market?

• Which region is likely to be a lucrative market during the forecast period?

• What are the essential strategies incorporated by key stakeholders in the South Asia Geosynthetics Market to expand their geographical presence?

• What are the major advancements witnessed in the South Asia Geosynthetics Market?

• This report answers these questions and more about the South Asia Geosynthetics Market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Table Of Content

Chapter No. 1 Introduction

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. USP & Key Offerings

1.2. Key Benefits for Stakeholders

1.3. Target Audience

1.4. Report Scope

Chapter No. 2 Executive Summary

2.1. Key Findings

2.1.1. Top Investment Pockets

2.1.1.1. Market Attractiveness Analysis, By Type

2.1.1.2. Market Attractiveness Analysis, By End Use

2.1.1.3. Market Attractiveness Analysis, By Region

2.2. Market Snapshot

2.3. South Asia Geosynthetics Market, 2018 - 2022 (US$ Million)

2.4. Insights from Primary Respondents

Chapter No. 3 COVID-19 Impact Analysis

Chapter No. 4: Company Profiles

4.1 Company Overview
4.2 Financial elements
4.3 Product Landscape
4.4 SWOT Analysis
4.5 Systematic Outlook

Chapter No. 5: Assumptions and Acronyms

Chapter No. 6: Research Methodology

Chapter No. 7: Contact (Continue . . .)

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