The latest and updated Emergen Research on the Global Geosynthetics Market covers a comprehensive overview of the Geosynthetics market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the Geosynthetics market. The pandemic has dynamically affected all aspects
The 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. Geosynthetics 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.
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The report is a comprehensive research study of the global Geosynthetics market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
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.
The global Geosynthetics market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Geosynthetics market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
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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
Some Key Highlights from the Report
- Geosynthetics 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 Geosynthetics. Owing of excellent chemical resistance and longevity, Geosynthetics 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 Geosynthetics. 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.
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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)
Material Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
Function Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Protection (Cushion)
- Erosion Control
Application Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- Water Management
- Waste Management
- Civil Construction
- Transportation Infrastructure
Regional Outlook (Volume Million Square Meter, Revenue, USD Billion; 2018–2028)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- South Africa
- Rest of MEA
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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