Geosynthetics Market, By Product (Geotextiles, Geomembranes, Geonets, and Geogrids), By Application (Drainage systems, Railroads, Road & Pavements, Soil Reinforcements, Containment and Waste Water), By Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025

REPORT HIGHLIGHT

The Geosynthetics market was valued at USD 20.48 billion by 2017, growing with 5.6% CAGR during the forecast period, 2018-2025

Market Dynamics

Geosynthetics is a process wherein a certain terrain that may have instability or geological issues will be stabilized using this material. Geosynthetics are usually a type of polymer that will be used in order to create uniformity or stability in a certain terrain. Generally, the polymers used are high-density polyethylene (HDPE), polypropylene (PP), and polyester. Increased emphasis on the environmental problems and erosion control will lead to an increase in the need for Geosynthetics. It is here to provide solutions for such geology related problems. China for instance is expected to show 60% of the growth in the Geosynthetics market.

The urbanization of developing countries will result in improvement of infrastructure market that will as a consequence improve the Geosynthetics market. Growth in categories such as geotextiles market will boost the growth of this industry. In general, global growth in soil erosion prevention programmes will definitely boost the growth of this industry. Stricter environment laws further support the cause of using Geosynthetics materials.

Product Takeaway

When this market is categorized product wise, the major categorization falls into Geotextiles, Geomembranes, Geonets, and Geogrids. Geotextiles dominates the market in terms of revenue generation. This is generally used in application like pavement building. It is known for its high tensile strength, permeability and abrasion resistance. This is followed by Geogrids. Geogrids act as reinforcement in low quality soil. They increase the shelf life of the roads that maybe usually damaged due to erosion and abrasion. Geomembranes is used widely in solid waste management, they are leak proof and designed to drain out properly. Geomembranes are the highest in terms of revenue earning.

Application Takeaway

The main application for this industry are Drainage systems, railroads, road & pavements, soil reinforcements & erosions, containment and waste water. Geosynthetics finds huge applications in construction segment. The broad areas of applications include road constructions, railways, tunnel building. Since there is a tremendous growth that is seen in construction such as office building, roads and street pavement the growth of this market is deemed to be significant.

There is a general increase in the demand for construction and overall improvement in infrastructure. Improvement in land tax initiatives such that in North America will drastically enhance the situation of Geosynthetics market globally. Since Geosynthetics are also widely used in the mining segment, an increase in the mining activities demand will definitely enhance the situation of Geosynthetics on a global platform. Due to its resilient material, drainage is another major application category owing to the inherent product categories.

Regional Takeaway

It is observed that in general the Asia Pacific market is witnessing a significant growth in the construction category. In terms of the fastest growth, Asia pacific maybe the biggest market for Geosynthetics. In India for instance, initiatives such as ‘Housing for all by 2121’ will definitely promote the need of construction material. With respect to the existing size of the industry, the

United States market is a huge one in terms of construction. It is estimated that over 30% of the Geosynthetics market share can be attributed to roads and pavements. Tie ups between industrial giants like PTC India Financial Services (PFS) and India Infrastructure Finance Company Limited (IIFCL) who have agreed to provide increased funding to various infrastructure and development projects in India will significantly increase the role of geosynthetics.

Key Vendor Takeaway

The major players with respect to Geosynthetics globally are GSE Environmental, NAUE Gmbh & Co Low & Bonar PLC, Officine Maccaferri and S.p TenCate Geosynthetics. These companies are investing in extensive R&D facilities owing to the new environmental concerns and shift to geo synthetic materials. This shift is going to support the growth of the Geosynthetics market globally. It will also result in stiff competition between these major players in the industry.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year – 2014 & 2016
Base Year – 2017
Estimated Year – 2018
Projected Year – 2025
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies and Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

Geotextiles
Geomembranes
Geonets
Geogrids
Others
MARKET, BY APPLICATION

Road & Pavements
Drainage Systems
Railroads
Containment and Waste Water
Soil Reinforcements & Erosions
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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