European Geosynthetics Market is Forecasted to Reach US$ 3.2 Billion in 2028, Says Stratview Research

The global European geosynthetics market is projected to witness a growth rate of 4.1% annually from 2023 to 2028, with an anticipated size of US$ 3.2 billion by 2028, according to an analysis by Stratview Research.

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

Click here to get a free sample of the report:
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Market Statistics:
Market Size in 2022: US$ 2.7 billion
Market Size in 2028: US$ 3.2 billion
Growth (CAGR): 4.1% during 2023-2028
Leading Application Type: Roads, Trafficked Areas, and Asphalt Reinforcement
Leading Function Type: Separation & Filtration
Leading Technology Type: Non-Woven
Leading Material Type: Polypropylene
Leading Region: Western Europe
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the European Geosynthetics Market:

The global European geosynthetics market is segmented based on application type, function type, technology type, material type, and region.

Based on application type - The European geosynthetics market is segmented into roads, trafficked areas, and asphalt reinforcement; railways; tunnels & underground structures; earthworks, foundation, and retaining walls; solid water disposal; drainage systems; erosion control works, reservoirs, and dams; canals; liquid waste containment; and others. Roads, trafficked areas, and asphalt reinforcement dominate the application type segment by both, value and volume, while drainage systems are expected to witness the fastest growth during 2023-2028. The use of geosynthetics in roads, trafficked areas, and asphalt reinforcement is predominantly for drainage and separation purposes. Geosynthetics in road engineering serve various purposes, including forming drainage structures, separating layers, preventing irregular settlements, waterproofing, and reinforcing road infrastructure & superstructure layers. Geosynthetics are used for filtration purposes in drainage channels, producing continuous polyethylene threads that improve filtering effectiveness.

Based on function type - The market is segmented into separation & filtration, protection, reinforcement, drainage, and interlayer barrier and stress relief. Separation & filtration is expected to remain the dominant function type in the market during the forecast period, driven by the critical role of geosynthetics in soil stabilization, erosion prevention, and environmental protection. The accelerated growth of the drainage segment is propelled by the increasing demand for advanced water management solutions in construction projects.

Based on technology type - The market is segmented into woven, non-woven, grids, and composites. Non-woven geosynthetics hold a clear dominance in the market owing to their usage in large-scale infrastructure development. Non-woven geosynthetics exhibit higher versatility when compared to their counterparts, with usage in a variety of applications. Woven and non-woven geosynthetics are mainly employed for road applications, grids for earthworks, foundation, and retaining walls, and composites for drainage systems. Woven and nonwoven geosynthetics are mainly used for separation and filtration in road applications. Grids are used for reinforcement, and composites for drainage applications.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Western Europe is expected to remain the larger market during the forecast period. This growth outlook is majorly attributed to the following-
· There exists a commitment to environmental sustainability and adherence to stringent regulations which, in turn, drive the demand for geosynthetics in soil stabilization, erosion control, and waste management applications in the sub-region. Naue GmBH has executed some large-scale projects in Germany.

Likewise, Eastern Europe is projected to experience a surge in demand, owing to increased infrastructure development, including roads, bridges, and other civil engineering projects within the sub-region.

European Geosynthetics Market Drivers:

Some of the key drivers listed in the report are given below.
· The commencement of huge road infrastructure projects in 2023
· Investments toward the development of rail and drainage infrastructure
· Ambitious tunneling projects across the region
· A global need for green infrastructure and carbon footprint reduction

Top Companies in the European Geosynthetics Market:

The overall competitive landscape of the market is moderate, attributed to a high level of consolidation over the years and the strong regional presence of global players. Huge presence of regional players in the market with a comprehensive range of products that cater to various applications within the industry. Stratview Research has identified the following companies as the top market players:
• Sioen Industries NV
• BontexGeo NV
• Solmax International, Inc. (Solmax EU)
• Geo&Tex 2000 Spa
• Thrace Group
• Beaulieu Fibres International NV

What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the 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?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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