Geotextiles and Geogrids Market will generate new growth opportunities by 2021
Geotextiles and geogrids are types of the geosynthetic materials. Geosynthetics are the material obtained naturally or are produced synthetically. Geotextiles are produced by the use of natural fibers or synthetic fibers. On the other hand, geogrids are produced by the use of different polymeric materials. The commonly used fibers to make geotextiles and geogrids are polyester, polypropylene, and polyethylene. The major use of the geotextiles and geogrids are for soil strengthening, erosion control, filtration and drainage, constructing structures on soft soil, removal of water, and for water separation.
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The global geotextiles and geogrids market is segmented on the basis of the final product as woven and non-woven. Further, the woven geotextiles segment is classified as weaving monofilament, multifilament, and slit film yarns. In The non-woven geotextiles, segment dominates the market globally. On the basis of end-use application, the global geotextiles and geogrids market is segmented as road construction, airfields, embankments, and water storage and supply structures. Furthermore, geogrids are segmented based on the type of procedure as punched and drawn, coated yarn, and ultrasonic welding of polymers into pattern shaped. The major applications of the geogrids are railroad, soil reinforcement, retaining walls, water management, and others.
Increasing population, rapid urbanization, as well as government investing in infrastructure products at large scale, are the factors boosting the growth of the global geotextiles and geogrids market. Low operational costs, reliable and longer sustaining ability as compared to other similar materials respective to ecological concerns are some other aspects fostering the demand of the geotextiles and geogrids. Application of the products for preventing seepage in residential as well as commercial properties and rising demand for irrigation projects are key reasons impacting the growth of the geotextiles and geogrids market in a positive way. High load bearing capacity and reduced maintenance of infrastructure with high efficiency is boosting the growth of the market globally. However, imbalanced rates of the raw materials are hindering the growth of the global geotextiles and geogrids market.
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Asia Pacific dominates the global geotextiles and geogrids market owing to the rapidly increasing growth of end-use applications such as road and railways. North America holds the second place and is also anticipated to grow rapidly mainly due to the upcoming infra projects. Moreover, due to high utilization of geosynthetics products in the Middle East, this region is also expected to manufacture more products.
Some of the major players in global geotextiles and geogrids market include NAUE GmbH & Co. KG, ACE Geo Synthetics Enterprise Co., Ltd., Tensar International Corporation, Low & Bonar PLC, and Strata Systems. Other key players influencing the global market are TenCate, GSE, Agru America Inc., NAUE, Officine Maccaferri, Low & Bonar, and Asahi-Kasei.
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Geotextiles and Geogrids Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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