Geosynthetics Market

Geosynthetics Market: Geotextiles Product Type Segment to Lead in Terms of Market Share Throughout the Forecast Period: Global Industry Analysis 2012 - 2016 And Opportunity Assessment 2017 - 2027

Innovation essential to avoid falling behind in the global geosynthetics market

Key stakeholders have observed the high demand in the geosynthetics market and are focusing on their product portfolio by introducing new products with gauge variations and higher quality. Manufacturers are targeting high development areas and creating application specific products to consolidate their position in the geosynthetics market. For e.g. – In Dec 2016, Titan Environmental Containment unveiled its next-gen TE-FGP fiberglass and TE-FGC fiberglass composite geogrid systems designed for asphalt reinforcement. The TE-FGC variant is made of a non-woven geotextile layer that provides greater waterproofing, while the TE-FGP series has a self-adhesive layer that enables stronger surface bonding, eliminating the need of tack coats. In addition, an increase in governmental spending for better road infrastructure should boost the demand in the global geosynthetics market.

Flexibility of geotextiles key to their success in the global geosynthetics market

Geotextiles are anticipated to record substantial growth over the course of the forecast period because of their various applications, particularly in the construction industry. Furthermore, several local players have begun to offer application specific grade and size of geotextiles that could fuel the growth of the global geosynthetics market. Geotextiles had a market share of more than a third in the geosynthetics market in 2017 and this is predicted to rise to almost 40% by end 2027. Geotextiles are on track to gain a massive 390 BPS by then, at the expense of all other product types barring geogrid. The relatively lower cost of geotextiles compared to other products available in the geosynthetics market definitely works in their favour.

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Geomembranes and Geogrid other product types to look out for

The geomembrane segment has a volume share of 21% of the global geosynthetics market and is estimated to push past a value of US$ 6 billion by end 2027. Companies would also be advised to target the geogrid segment as they are used for both asphalt reinforcement and soil stabilization. Large construction activities in emerging economies such as Mexico and Brazil is poised to increase demand for geosynthetic products during the course of the forecast period. The Latin America geomembrane segment is expected to be worth US$ 125 million in 2017 alone. Geomembranes are extensively used in water containment units, waterproofing, waste management facilities, landfills, mining and many other cases. With environmental concerns dominating headlines in emerging as well as developed economies, the public and private sectors have stepped up to the challenge. Geogrids are greatly helped by their properties such as being lightweight, easy to handle, and being stable at high temperatures. Geogrids are estimated to witness an exponential CAGR of 10.6% from 2017 to 2027, making it unwise to entirely overlook this segment in the geosynthetics market.

Winning combination of primary and secondary research

The Future Market Insights research methodology is the perfect concoction of exhaustive secondary research merged with multiple primary interviews conducted with domain experts and key stakeholders to extract all the required information related to the geosynthetics market. This is followed by rigorous validation of the data to glean qualitative and quantitative insights capable of impacting major business decisions. This robust methodology has been religiously adhered to during the decadal study of the geosynthetics market and the findings have been logically presented in the report titled ‘Geosynthetics Market: Global Industry Analysis 2012-2016 And Opportunity Assessment 2017-2027’.

The secondary research incorporated in this study includes an overview of the manufacturers’ market, production and sales trends across diverse geographic regions, industry growth forecasts, regional pricing trends, manufacturers’ product portfolios, and market dynamics for the specific region in question. Primary research is concerned with the existing and future market scenario in both emerging and developed economies and gives adequate attention to the market dynamics i.e. the drivers, restraints, opportunities, and threats that await market entrants in the geosynthetics market. The major business strategies, market segmentation criteria, product cost estimates, and segment-wise volume and value split can be expected in this report on the geosynthetics market.

Geosynthetics Market Taxonomy

Product Type

Material Type

Primary Application

End-Use

Region

  • Geotextile

  • Geomembrane

  • Geogrid

  • Geonet

  • Geocomposite

  • Geosynthetic Clay Liner

  • Others

  • Polyethylene

  • Polypropylene

  • Polyester

  • Natural Fibres

  • Others

  • Separation

  • Drainage & Filtration

  • Reinforcement

  • Containment

  • Roads (Paved & Unpaved)

  • Railways

  • Retaining Walls

  • Waterworks and Waste Treatment

  • Landfill & Erosion Control

  • Others

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • APEJ

  • MEA

  • Japan

Data gathered from authoritative sources

While preparing the geosynthetics market report, we have turned to authentic sources such as company annual reports, publications, manufacturer presentations, and bodies such as the World Bank, governmental organizations, and trade journal data. Extensive primary interviews with major companies in the geosynthetics market, industry association members, and experts concludes the data gathering phase.

Accurate market evaluation

This stage consists of market volume estimates in terms of millions of square metres and market value in millions of US dollars; regional product pricing to derive revenue estimates; and factor analysis, Y-o-Y growth, and CAGR to decipher market projection figures. Data reporting comprises all possible facts, facets, and angles of the geosynthetics market.

Cohesive report structure

The geosynthetics market report follows a systematic structure that allows readers to gain a firm grasp of all the intricacies of the geosynthetics market across the analysed segments and regions in an easy-to-understand format. The report begins with an executive summary that provides a snapshot of the geosynthetics market with the market introduction, outlook and viewpoint sections following thereafter. The geosynthetics market report then moves on to the geosynthetics market evaluation on the basis of the product type, material type, primary application, end-use, and region. The sections provide a historical value and volume analysis of the geosynthetics market for the period 2012-2016 that is compared and contrasted with the forecast period from 2017 to 2027.

The report has an individual regional market assessment of the geographies studied with a spotlight on the prominent countries within those regions and their respective market segments. The regional pricing analysis and the macroeconomic factors can be gleaned from this section of the geosynthetics market report. An impact analysis, regional market participants list, and a competitor market presence map in terms of intensity completes this section of the geosynthetics market report.

The competition dashboard section can be considered the most critical in the geosynthetics market report. This is where readers can gain an understanding of the major companies actively involved in the geosynthetics market by way of their key financials, market developments, and business strategies. The last section of the report has a concise list of the acronyms and assumptions used and some information about the research methodology.