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Global Geotextiles Market Will Hit USD 8.24 Billion by 2020 : Grand View Research

GrandViewResearch.com has announced the addition of "Global Geotextiles Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.

 
 
Grand View Research
Grand View Research
PRLog - Apr. 21, 2014 - The global market for Geotextiles is expected to reach USD 8.24 billion by 2020, according to a new study by Grand View Research, Inc. Increased focus on geotextiles and its applications in roadways and erosion prevention is expected to be a key driver for the growth of the market. In addition, growing regulatory support in emerging countries including India, China, UAE and Brazil is also expected to augment the demand for geotextiles over the forecast period.

Road construction and erosion control were the largest applications of geotextiles together accounting for over 60% of global demand in 2013. Increasing infrastructure spending in Asia Pacific, Middle East and Latin America are expected to act as key factors for driving geotextile demand for this application. Road construction is also expected to be the fastest growing segment over the forecast period, at an estimated CAGR of over 9% from 2014 to 2020.

The report “Geotextiles Market Analysis and Segment Forecast To 2020,” is available now to Grand View Research customers and can als0 be purchased directly at http://www.grandviewresearch.com/industry-analysis/geotex...

Inquiry Before Buying @ http://www.grandviewresearch.com/inquiry/41

Further key findings from the study suggest:

• The global geotextiles demand is expected to reach 4,323 million square meters by 2020 growing at a CAGR of 8.9% from 2014 to 2020.

• Asia Pacific was the largest geotextile consumer and is also expected to be the fastest growing regional market over the forecast period, at an estimated CAGR of 9.1% from 2014 to 2020. North America is also expected to witness significant growth on account of repair and maintenance for the vast road network of the region. European geotextile market revenue is expected to reach USD 1.97 billion by 2020, growing at a CAGR of 9.6% from 2014 to 2020.

• Non woven geotextiles were the most commonly used geotextiles in 2013, at an estimated consumption of 1,561 million square meters. Low cost and wide application scope make non-wovens the most preferred among other geotextiles products. Knitted geotextile demand is expected to reach 279.8 million square meters by 2020, growing at a CAGR of 7.1% from 2014 to 2020.

• The global geotextiles market is fragmented with the top 6 companies catering to about 40% of global demand in 2013. Key players in the market include Royal Tencate, NAUE, Low and Bonar and Propex among others.

Sample Request of this Report @ http://www.grandviewresearch.com/request/41

For the purpose of this study, Grand View Research has segmented the global Geotextiles market on the basis of application, product and region:

• Geotextiles Application Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2020)
- Roads
- Erosion prevention
- Drainage
- Others

• Geotextiles Product Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2020)
- Non Woven
- Woven
- Knitted

• Geotextiles Regional Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2020)
- North America
- Europe
- Asia Pacific
- RoW

Latest Market Research Published By Grand View Research:

Pico Projector Market Trends, Analysis And Segment Forecasts To 2020
( http://www.grandviewresearch.com/industry-analysis/pico-projector-industry ) global pico projector market is expected to reach USD 17.81 billion by 2020, according to a new study by Grand View Research, Inc. High degree of convenience offered by projectors embedded in devices such as mobile phones and laptops is expected to fuel market growth over the next six years. Expected decrease in average selling prices on account of increased production is also expected to drive the global industry during the forecast period.

Textile Chemical Market Analysis And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/industry-analysis/textile-chemical-market ) global market for textile chemicals is expected to reach USD 25.24 billion by 2020, according to a new study by Grand View Research, Inc. High demand from key application markets including home furnishing and apparel are expected to be a key driving force for the market. The apparel industry has witnessed increased per capita consumption primarily in India, Brazil, China and Russia which is expected to result in increased demand for textile chemicals over the forecast period.

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com


Contact:
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Grand View Research, Inc
San Francisco, California, USA
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
sales@grandviewresearch.com
http://www.grandviewresearch.com

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Sherry James
1-415-349-0058
***@grandviewresearch.com

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Source:Grand View Research, Inc
Location:United States
Industry:Business, Industrial
Tags:grand view research, Geotextiles Market, market research report, geotextiles market analysis, segment forecasts 2020
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