Press release
Construction Boom Ignites Geocells Market Growth With The Impact Of Surging Construction Projects: Transformative Forces Shaping the Geocells Market Landscape in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Geocells Industry Market Size Be by 2025?
The size of the geocells market has seen significant expansion in the recent past. The market, which was valued at $2.07 billion in 2024, is projected to increase to $2.23 billion by 2025, representing a Compound Annual Growth Rate (CAGR) of 7.6%. Factors contributing to the historic growth include development of infrastructure, environmental apprehensions, government regulations, cost-effectiveness, and heightened awareness.
What's the Long-Term Growth Forecast for the Geocells Market Size Through 2029?
Anticipations for the geocells market suggest a robust expansion in the coming years, with a projected value of "$3.1 billion in 2029 and a compound annual growth rate (CAGR) of 8.5%. This predicted rise during the forecast period is due to factors like climate change adaptation, implementation of smart city projects, requirements for erosion control, and a surge in construction activities. Technological developments and innovations, the incorporation of geosynthetics in construction methods, digitalization, and breakthroughs in material technology are the major trends expected to shape the market during the forecast period.
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What Are the Key Growth Drivers Fueling the Geocells Market Expansion?
The expansion of construction projects is anticipated to boost the geocells market's progression. These projects entail the organized approach of building, renovating, rehabilitating, adjusting, or customizing a structure or other tangible assets such as tunnels or bridges. In these undertakings, geocells are expected to carry substantial significance in channel protection, soil conservation, and flood reduction. For instance, Zippia, a technology, information, and internet company based in the US, reported in March 2023, that there were 1.4 million new construction projects completed in January 2023. This figure reflects a 12.8% rise in comparison to January 2022. Consequently, the burgeoning construction projects are catalyzing the expansion of the geocells market.
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What Are the Key Trends Driving Geocells Market Growth?
The geocell market is seeing new technological developments. In July 2022, US-based Presto Geosystems introduced ATRA wall key technology, a simple and strong connection system for GEOWEB Retaining Walls. Made from inert HDPE, it offers improved durability over traditional fastening options.
How Is the Geocells Market Segmented?
The geocells market covered in this report is segmented -
1) By Type: High-Density Polyethylene, Polypropylene, Polyester, Other Types
2) By Design Type: Perforated, Non Perforated
3) By Application: Load Support, Slope And Channel Protection, Retention Of Walls, Other Applications
Subsegments:
1) By High-Density Polyethylene (HDPE): Standard HDPE Geocells, Reinforced HDPE Geocells
2) By Polypropylene: Standard Polypropylene Geocells, Reinforced Polypropylene Geocells
3) By Polyester: Coated Polyester Geocells, Uncoated Polyester Geocells
4) By Other Types: Biodegradable Geocells, Composite Geocells
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Which Companies Are Leading the Charge in Geocells Market Innovation?
Major companies operating in the geocells market include Presto Geosystems, Strata Systems, Armtec Infrastructure, Maccaferri SPA, Polymer Group Ltd, TMP Geosynthetics, Tensar International, PRS Geo- Technologies, Terram Geosynthetics, TenCate Geosynthetics, Miakom Group, ACE Geosynthetics, Officine Maccaferri, Polyfabrics Australasia Pty Ltd., HUESKER Synthetic GmbH, Atarfil, ABG Geosynthetics, Asahi Kasei, CeTeau Group, Titan Environmental Containment, Carthage Mills, Wrekin Products Ltd., TechFab India Industries Ltd., BOSTD Geosynthetics Qingdao Ltd., AllianceGeo Inc., GPT Industries
Which Regions Are Leading the Global Geocells Market in Revenue?
Asia-Pacific was the largest region in the geocells market in 2024. The regions covered in the geocells market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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