The global geotextile market size is expected to reach USD 25.34 Billion in 2032 and register a steady revenue CAGR of 10.3% over the forecast period, according to the latest analysis by Emergen Research. Growing consumption of bio-based geotextiles is expected to drive market revenue growth. Bio-based geotextiles are created using different natural materials, such as agricultural products and waste materials. Examples of these bio-based geotextiles include geotextiles made from maize-based Polylactic Acid (PLA), erosion mats crafted from sheep wool, and mats formed from straw and coconut fibers. These bio-based geotextiles come with several important benefits. They are efficient in their use of resources and can help lower or even eliminate Greenhouse Gas (GHG) emissions. In addition, these materials are lightweight, which helps reduce costs for their application and transportation.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Geotextile market include:
TenCate Protective Fabrics, GSE Group Inc., Naue GmbH Co. KG, Officine Maccaferri Spa, Low Bonar, Propex Operating Company, LLC., Fibertex Nonwovens A/S, TENAX SPA, AGRU America Inc, Global Synthetics
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Geotextile market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Geotextile Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Geotextile Market Segmentation:
Material Type Outlook (Revenue, USD Billion; 2019–2032)
- Natural
- Jute
- Others
- Coir
- Ramie
- Synthetic
- Polypropylene
- Polyester (PET)
- Polyethylene
- Others
- Polyamide
- Polyvinyl Chloride
- Natural
Product Outlook (Revenue, USD Billion; 2019–2032)
- Woven
- Slit Tape Woven
- High Strength Woven
- Non-woven
- Light Weight
- Medium Weight
- Heavy Weight
- Paving Fabrics
- Knitted
- Woven
Application Outlook (Revenue, USD Billion; 2019–2032)
- Road Construction
- Erosion Control
- Drainage Systems
- Railway Construction
- Landfill and Waste Containment
- Soil Reinforcement
- Pavement Construction
- Agriculture
- Others
- Sports field construction
- Retaining walls
Geotextile Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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