The global geosynthetics market size reached USD 9.44 Billion in 2020 and is expected to register a revenue CAGR of 5.8%, during the forecast period, according to latest analysis by Emergen Research. Increase in infrastructure development and waste management investment in developing countries are major factors driving global geosynthetics market revenue growth. Increasing demand for geomembrane for lining and waterproofing is expected to propel revenue growth of the market going ahead.
Increasing investments in road network development and highway repairs is also expected to augment market revenue growth during the forecast period. Rising investments in the construction of railway networks in countries including India and China to expand logistics network are expected to boost market growth to a significant extent. Geomembranes are utilized as lining solutions and waterproofing systems in railway infrastructure including tunnels, bridges, and railways terminals, which is expected to boost demand owing to expansion of networks and also due to need for repair and maintenance following recent major flooding and structural damage, attributable to climate change and changing weather conditions. Additionally, as a result of increasing government spending on construction, infrastructure improvements in developing countries has been driving demand for geosynthetics in the very recent past.
The global Geosynthetics market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Geosynthetics market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Geosynthetics market.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/820
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Geosynthetics market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Geosynthetics market landscape.
Segmental Analysis
The global Geosynthetics market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Geosynthetics sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Geosynthetics market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/820
Some Key Highlights from the Report
- Geomembranes segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. Polymeric sheets composed of polyethylene, polyvinyl chloride (PVC), and polypropylene are used to produce geomembranes. Owing of excellent chemical resistance and longevity, geomembranes are widely utilized in landfill applications, which is expected to boost revenue growth of this segment going ahead.
- PVC segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising usage of PVC for manufacturing and fabrication of geomembranes. PVC is a thermoplastic synthetic polymer produced from vinyl chloride that is used to manufacture geomembrane.
- Asia Pacific is expected to account for a larger revenue share than other regional markets over the forecast period. Market growth in Asia Pacific is expected to be driven by increasing demand for oil reinforcement in the foundation work of residential structures in countries such as China and India.
Some major companies in the market report include Berry Global, Inc., Agru America, Inc., Solmax International Inc., Officine Maccaferri SpA, NAUE GmbH Co. KG, Contech Engineered Solutions LLC, Low Bonar plc, Propex Operating Company LLC, Tensar International Corporation, and HUESKER Group
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/geosynthetics-market
Emergen Research has segmented the global geosynthetics on the basis of type, material, functions, application, and region:
Type Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Geogrids
- Geotextiles
- Geonets
- Geomembranes
- Geofoam
- Others
Material Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Polyethylene
- Polypropylene
- Polyester
- PVC
- Others
Function Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Separation
- Filtration
- Drainage
- Reinforcement
- Protection (Cushion)
- Barrier/Containment
- Erosion Control
Application Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Water Management
- Waste Management
- Civil Construction
- Transportation Infrastructure
- Others
Regional Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
Contact Us:
Eric Leec
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756c
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Read Full Press Release@ https://www.emergenresearch.com/press-release/global-geosynthetics-market
