North American Geosynthetics Market is Forecasted to Reach USD 572 Million in 2030, Says Stratview Research

The global North American Geosynthetics Market is projected to witness a growth rate of 4.9% annually from 2024 to 2030, with an anticipated size of USD 572 million in 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global North American Geosynthetics Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3765/north-american-geosynthetics-market.html#form

Report Highlights: `
Market Size in 2030: USD 572 million
Growth (CAGR): 4.9% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the North American Geosynthetics Market:
The global North American Geosynthetics Market is segmented by application type, function type, technology type, material type and country

Based on Application Type: The North American geosynthetics market is segmented into roads and other trafficked areas, asphalt reinforcement, railways, tunnels & underground structures, earthworks, foundation, and retaining walls, solid waste disposal, drainage systems, erosion control works, reservoirs & dams, canals, liquid waste containment, and others.
Due to huge investments in road infrastructure projects, roads and other trafficked areas and asphalt reinforcement is expected to remain dominant, whereas solid waste disposal will grow at the fastest rate in the market during the forecast period.
The United States boasts the largest road network in the world, spanning an impressive 6,803,479 kilometers, necessitating regular maintenance and upgrades. The scale of the country's road infrastructure demands a comprehensive and ongoing approach to ensure the safety and efficiency of the transportation system.
The rapid expansion in the application of geosynthetics for solid waste disposal is primarily attributable to the stringent environmental standards that are in place in high-income countries, such as the United States and Canada. The increasing demand for geosynthetics in these countries is a result of the need to comply with the regulatory requirements that mandate the use of advanced technologies to manage waste disposal.

Based on function type: The market is segmented into separation & filtration, protection, reinforcement, drainage, and interlayer barrier and stress relief.
During the forecast period, separation & filtration is expected to remain the dominant functions of geosynthetics in the market. This is due to their effective ability to filter impurities and prevent soil erosion in civil engineering applications. Such functions are critical for environmental protection and water management.
The geosynthetics market is experiencing rapid growth in the drainage segment due to increasing demand for advanced water management solutions in construction projects in the region.

Based on technology type: The market is segmented into woven, nonwoven, grid, composites, and geomembranes.
Nonwoven geosynthetics are projected to maintain their dominance in the market during the forecast period. This is due to their cost-effectiveness and their widespread use in filtration, separation, and drainage applications. They are primarily used for slope protection along river, sea, and lake embankments, land reclamation, wharf construction, ship lock flood control, and rescue projects.
The composites are expected to experience rapid growth in demand as it provides additional specific properties like protection, drainage, or filtration due to the bonding of two or more different geosynthetics.

Based on material type: The market is segmented into polyethylene, polypropylene, and others.
Polypropylene is expected to remain the preferred choice for geosynthetics in the market during the forecast period.
Polypropylene is the predominant material for geotextile production, accounting for a mammoth share of the market. This is due to its exceptional moisture and biological resistance, along with its superior installation survivability and lifespan prediction.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3765/north-american-geosynthetics-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that The USA is expected to remain the largest market for geosynthetics in North America during the forecast period. This growth outlook is majorly attributed to the following-
• The USA's dominant position in the civil infrastructure industry is significantly bolstered by several key factors including roads, highways, railways, airports, and water management systems. The USA alone accounted for over half of global geomembrane sales.
• Mexico, particularly driven by growing investment in infrastructure projects by multinational companies, is expected to grow at the fastest rate during the forecast period.

North American Geosynthetics Market Drivers:
The growth of the North American Geosynthetics Market is driven by several factors.
• Driven by huge investments in new infrastructure projects (roads, tunnels, etc.) and reconstruction projects.

Top 10 Companies in the North American Geosynthetics Market:
Stratview Research has identified the following companies as the top market players:
• Solmax International, Inc.
• AGRU America, Inc.
• Texel Technical Materials, Inc.
• Hanes Geo Components
• SKAPS Industries
• Tensar Corporation
• Berry Global
• Tenax Corporation
• HUESKER Synthetic GmbH
• American Excelsior

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the North American Geosynthetics Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Related Reports:
• Geosynthetics Market: https://www.stratviewresearch.com/3873/geosynthetics-market.html
• European Geosynthetics Market: https://www.stratviewresearch.com/3684/European-geosynthetics-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.