Geotextile Tubes Market Size, Share, Trends, Key Player Strategy Analysis, 2018–2028

Geotextile Tubes Market Size – USD 5.75 billion in 2020, Market Growth - CAGR of 11.4%, Market Trends –Increasing demand in applications for road construction and erosion control prevention.

The Geotextile Market is forecasted to grow from USD 5.75 billion in 2020 to USD 11.86 billion by 2028, at a CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile adoption.

Typically, geotextiles are used to improve soils that build streets, pipelines, embankments, and earth holding structures. They consist of numerous materials, including warp-knitted textiles, open - mesh textiles, and non - woven textiles. Filtration, separation, reinforcement, protection and drainage are the primary functions of the product. Geotextiles have filtration properties that allow water and other fluids to be separated from various solid particles. This filtration function is used mainly in drainage applications.

Geotextile’s properties like flexibility and permeability are expected to drive the growth of the market during the forecast period. It is also expected that durability and cost effectiveness of geotextile will boost the market further during the forecast period.

Request Free Sample @ https://www.reportsanddata.com/sample-enquiry-form/1257

The major players in the market are Low Bonar (UK), Officine Maccaferri (Italy), Koninklijke TenCate (Netherlands), Thrace Group (Greece), Huesker (Germany), Berry Global (US), Fibertex Nonwovens (Denmark), DuPont (US), Strata Systems (US), Carthage Mills (US) and others.

Growing bio-based geotextile consumption and rising investments in nonwoven geotextile are the key opportunities of the market. The factors that inhibit geotextile market growth include volatile raw material prices that affect synthetic geotextile demand.

Market Overview:

The materials and chemicals industry uses diverse raw materials, from air and minerals to oil to create an immense variety of products (such as petrochemicals, agrochemicals and fragrances). The chemical industry produce basic chemicals (sold within the chemical industry), specialty chemicals (for paints and inks, crop protection), and consumer chemicals (sold directly to public such as detergents). The development of digital technologies (such as advance analytics) and increasing environment concerns has led materials and chemicals industries to explore decarbonization technologies.

Further key findings from the report suggest

  • The Geotextile Market is forecasted to grow from USD 5.75 billion in 2020 to USD 11.86 billion by 2028, at a CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile adoption.
  • The market for non-woven segment is expected to grow the largest at USD 4.98 Billion in 2028, at a CAGR of 12.2% during the forecast period. Increasing demand in the road rail industry for nonwoven geotextiles is one of the key factors driving global growth in the geotextile market. In applications such as roads, payment overlays and aggregate drains, non-woven geotextiles are used. The woven geotextile is used for applications where high strength geotextile is required. While geotextiles are widely used in rock filtration, geotextiles are not suitable for liquid barriers filtration.
  • The market for synthetic segment is expected to grow the largest and fastest at USD 6.41 Billion in 2028, at a CAGR of 12.3% during the forecast period. The geotextile segment of polypropylene is expected to be the largest subsection of the synthetic geotextile. It is also expected that this segment will grow at the highest CAGR during the forecast period.
  • The market for road construction is expected to grow the largest and reach USD 4.39 Billion in 2028, at a CAGR of 12.4% during the forecast period. Geotextiles are used for the construction of roads as they help to keep the soil together, resulting in a longer life span of roads.
  • The market for Asia Pacific (APAC) is expected to grow the largest and reach USD 3.68 Billion in 2028, at a CAGR of 12.4%. The main geotextile market in this region is China, India, Japan and South Korea. 

Download Summary Report @ https://www.reportsanddata.com/download-summary-form/1257

Segments covered in the report:

This report forecasts volume and revenue growth at a global, regional country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Reports and Data have segmented the market on the basis of material, product and application regional analysis.

Material (Kilo Tons) (Revenue, USD Million; 2018-2028)

  • Synthetic
  • Natural

Product (Kilo Tons) (Revenue, USD Million; 2018-2028)

  • Woven
  • Non-woven
  • Knitted

Application (Kilo Tons) (Revenue, USD Million; 2018-2028)

  • Erosion
  • Drainage Control
  • Road Construction
  • Others

Custamization Request Sample @ https://www.reportsanddata.com/request-customization-form/1257

Region (Kilo Tons) (Revenue, USD Million; 2018-2028)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of the Europe
  • Asia Pacific

Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:

Pentaerythritol Market Worth @  https://www.reportsanddata.com/report-detail/pentaerythritol-market

Boehmite Market Share @ https://www.reportsanddata.com/report-detail/boehmite-market

High Purity Aluminum Market Growth @ https://www.reportsanddata.com/report-detail/high-purity-aluminum-market

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.

About Us:

Our in-house experts assist our clients with advice based on their proficiency in the market that helps them in creating a compendious database for the clients. Our team offers expert insights to clients to guide them through their business ventures. We put in rigorous efforts to keep our clientele satisfied and focus on fulfilling their demands to make sure that the end-product is what they desire. We excel in diverse fields of the market and with our services extending to competitive analysis, research and development analysis, and demand estimation among others, we can help you invest your funds in the most beneficial areas for research and development.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports

Connect with us:  FacebookLinkedIn | Twitter


Ronan Mary

314 Blog posts

Comments