Geosynthetics Market  to increase at a CAGR of ~ 10% through 2019 - 2029 - PowerPoint PPT Presentation

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Geosynthetics Market  to increase at a CAGR of ~ 10% through 2019 - 2029


Regional Players Leading the Way in Geosynthetics Space; Infrastructural Developments Boost Overall Market Growth: FMI – PowerPoint PPT presentation

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Title: Geosynthetics Market  to increase at a CAGR of ~ 10% through 2019 - 2029

Geosynthetics Market
  • September 2019

Report Id REP-GB-475 Published On
Sep-2019 Category Chemicals and Materials
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includes sources of databases
Geosynthetics Market Analysis
  • Research delivers insight into the Geosynthetics
    Market  poised to expand at 10 CAGR by
    2019 - 2029
  • VALLEY COTTAGE -- A new market research study by
    Future Market Insights (FMI) on the global
    geosynthetics market contains global industry
    analysis for 20142018 and opportunity assessment
    for 20192029. The report investigates the
    geosynthetics market and provides critical
    insights for the forecast period of 2019-2029.
    The global geosynthetics market recorded the
    revenues worth US 9.4 Bn in 2018 and is
    estimated to grow at a CAGR of 10 in the
    projected period of 2019 - 2029.
  • As per the findings of the report, the global
    industrial geosynthetics market is anticipated to
    experience substantial growth over the forecast
    period owing to growth in civil construction
    activities led by several developing economies in
    the past few years. The report opines that the
    market growth is significantly driven by
    increasing investments in public infrastructure
    development and modernization of existing
    facilities across the globe.
  • APEJs Market Attractiveness Intact, Says FMIs
  • Geosynthetic materials are witnessing increased
    usage in solid waste management for landfill
    applications. These materials are used for
    separating and confining bulk waste. Countries
    such as China and India, are emphasizing on
    effective waste treatment practices, which is
    likely to lead to an increase in demand for
    geosynthetics in the near future.

Geosynthetics Market Analysis
  • Moreover, owing to the high transport
    infrastructural development activities in the
    region, geosynthetic products are estimated to
    witness significant deployment in road
    construction. The road construction application
    segment is estimated to remain dominant in terms
    of geosynthetic material demand.
  • Product Portfolio Enhancements Technological
  • Several players are emphasizing on improving
    their product portfolios by introducing new
    products with better quality and gauge
    variations. Manufacturers are primarily targeting
    high development areas and producing
    application-specific products in order to gain
    higher market shares.
  • In February 2017, TenCate Geosynthetics launched
    a new series of geomats- Mirafi TM13C and TM14S,
    to solve erosion problems on steep slopes and in
    channels. These materials retain bare soil and
    stabilize and nurture vegetation while resisting
    the challenges of precipitation and high-flow
    rates on soils.
  • Use of Different Materials to Enhance Strength
    and Durability
  • Involvement of a large number of local and global
    players in the geosynthetic market has compelled
    manufacturers to offer innovative products, in
    order to generate significant demand. Many
    companies are dedicating a huge amount of money
    for the research and development of new products
    and to increase the properties of existing ones.

Geosynthetics Market Analysis
  • Companies are continuously experimenting with
    geosynthetics in order to provide products with
    enhanced mechanical properties and high
  • As polypropylene is extensively used for the
    manufacturing of geotextiles, it is a relatively
    large segment among all types, and is expected to
    witness significant growth during the forecast
    period. Other geosynthetic products such as
    geocell, geofoam, geopipes, etc., have limited
    and specific uses. However, the segment has
    witnessed significant demand during the last five
  • Use of metallocene polypropylenes In 2015, a
    reputed conglomerate launched a metallocene
    PP-based non-woven geotextile. This geotextile is
    premium in terms of mechanical properties and
    performance. The use of metallocene PP offers
    relatively lightweight geotextiles and increased
  • Competitive analysis of the global geosynthetics
    market reveals that among the several active
    participants in the competitive landscape of
    geosynthetics market, the tier 1 players tend to
    hold a relatively lower share, which has been
    attributed to high competition from a large
    number of local players operating at low profit
    margins and have better accessibility within
    regional markets. Some of the leading companies
    are also observed to be operating through their
    sales offices, or collaborating with regional

Geosynthetics Market Analysis
  • Press-release Source - https//www.globenewswire.c
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Geosynthetics Market Analysis
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    packaged solution, which combines current market
    intelligence, statistical anecdotes, technology
    inputs, valuable growth insights and an aerial
    view of the competitive framework and future
    market trends.
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