World Demand for Geosynthetics to Grow 8.3% to 2015 Says New Report

Dec. 28, 2011 - PRLog -- The report “World Geosynthetics: Forecasts for 2015 & 2020 in 19 countries” available at http://www.reportbuyer.com/go/FED00570 states that worldwide demand for geosynthetics is projected to increase 8.3 percent annually to 4.5 billion square meters in 2015. This growth rate is an acceleration from the gains of the 2005-2010 period, reflecting in part the reduced 2010 bases of the developed countries. Advances are being driven by the increasing market penetration and large-scale construction plans in place in many developing countries.

According to the report theAsia/Pacific region to surpass North America as largest market
In 2010, North America was the largest regional market, accounting for 31 percent of global sales. The US is the world's largest individual country market, with one-quarter of total sales. Growth in North America benefits from the massive size of its construction sector, which is expected to rebound through 2015 from a low 2010 base, as well as the need to maintain its large transportation infrastructure. Gains are also aided by the region's building codes and environmental protection regulations.

Read more about the report “World Geosynthetics: Forecasts for 2015 & 2020 in 19 countries” is available from Report Buyer at:
http://www.reportbuyer.com/chemicals/specialty_chemicals/...

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