Press release
Geotextile Tubes Market Overview: Insights and Trends for the Period 2020-2027
AMR
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/geotextile-tubes-market/purchase-options
Prime Determinants of Growth
The growth of the global geotextile tubes market is driven by increased demand from developing countries and a growing preference for non-woven technical fabrics. However, the market growth is hindered by the substantial production of toxic waste. Conversely, the development of eco-friendly technologies is expected to create new opportunities in the coming years.
Market Segmentation
By Type
Non-woven Segment: Dominated the market in 2019 with nearly 60% of the total revenue and is expected to maintain this position, exhibiting the fastest CAGR of 10.2% from 2020 to 2027. The growth is attributed to the increased use of non-woven fabrics in disposables, industrial materials, and durable consumer goods due to their cost-effectiveness and suitability.
Woven Segment: The report also provides a detailed analysis of the woven segment.
By End-User Industry
Marine Segment: Expected to grow at the highest CAGR of 11.7% from 2020 to 2027, driven by its increasing application in constructing marine structures like artificial surfing reefs and bund wall structures due to cost advantages.
Wastewater Segment: Held the largest share in 2019, contributing over 25% of the global market, and is anticipated to retain its lead due to stringent government regulations on wastewater treatment and the rising use of geotextile dewatering bags.
Regional Insights
- Asia-Pacific: Accounted for the largest share in 2019 with over one-third of the market and is projected to witness the highest CAGR of 10.7% from 2020 to 2027. The growth is supported by favorable government schemes and increased demand for agro-textile products.
- North America: Expected to grow at a CAGR of 9.3% during the forecast period.
Leading Market Players
- TechFab India Industries Ltd.
- Flexituff Ventures International Limited
- Koninklijke TenCate
- Ace Geosynthetics
- Huesker
- Low & Bonar
- Officine Maccaferri
- NAUE GmbH & Co.
- Geofabrics Australasia Pty Ltd.
- Fibertex Nonwovens
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/geotextile-tubes-market-A07571
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
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Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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