Reports and Data has published a report on the ‘Global Geotextile Market Report forecast to 2028’ takes a holistic approach to study the market and the ever-changing dynamics, owing to the COVID-19 pandemic. The report examines the industry scenario to predict how COVID-19 might impact the prospective growth of the sector. It evaluates key elements like overall revenue, technological innovations, product pipeline, product offerings, recent deals, research and development, and strategic initiatives such as mergers and acquisitions, collaborations, joint ventures, etc. This helps readers understand how these aspects are expected to affect the industry during the forecast period and benefit from the existing growth opportunities and prepare for challenges.
This is the latest report updated with the ongoing COVID-19 pandemic that offers an in-depth analysis of its impact on the growth of the Geotextile market in the forecast period. The outbreak has affected almost all industries worldwide, and this report studies the changes brought about by the pandemic on the overall Geotextile scenario in the current as well as the following years. It also studies the changing dynamics of the global sector to investigate the profit earned or loss suffered by different areas of the industry.
The Geotextile Market is forecasted to grow from USD 5.75 billion in 2020 to USD 11.86 billion by 2028, at a CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile adoption.
Key players operating in the market:
Low Bonar (UK), Officine Maccaferri (Italy), Koninklijke TenCate (Netherlands), Thrace Group (Greece), Huesker (Germany), Berry Global (US), Fibertex Nonwovens (Denmark), DuPont (US), Strata Systems (US), Carthage Mills (US) and others.
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Major factors driving revenue growth of the global materials chemicals industry are rise in global population, tremendous increase in demand for essential consumer products such as food beverages, cosmetics, and personal care hygiene products, and extensive use of chemicals and raw materials in industries including buildings construction, automotive, agriculture, textiles, packaging, electronics, and several other industries. Other major factors bolstering market revenue growth are increasing focus of manufacturers on using eco-friendly and sustainable materials chemicals for reduced environmental impact, introduction of organic and highly sustainable chemicals, and increasing demand for high-performance agrochemicals and specialty chemicals.
Global Geotextile Market: Regional Segmentation
North America
US
Canada
Mexico
Europe
Russia
UK
Germany
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East Africa
Saudi Arabia
UAE
Israel
Rest of Middle East Africa
Market Segmentation:
The global Geotextile market is segmented in terms of product type, application, end-use, and region.
Product
Woven
Non-woven
Knitted
Application
Erosion
Drainage Control
Road Construction
Others
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Full Coverage of the Global Geotextile Market Report:
The report offers in-depth study of the global Geotextile market dynamics and offers crucial information on the leading product portfolios, application areas, distribution channels, and technological breakthroughs.
The report offers qualitative and quantitative studies of the global Geotextile industry.
The report is inclusive of a detailed overview of the key regional markets of the global Geotextile industry.
The report profiles the leading companies in the industry and highlights their financial positions, product offerings, recent developments, and business expansion plans and initiatives.
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