Demand Growth for Geosynthetics Market to Surpass $20 Billion by 2025

By: Industry Experts Inc.
LOS ANGELES - May 15, 2020 - PRLog -- Industry Experts, Inc. unveiled the new global market research report "Global Geosynthetics Market – Types, Raw Materials and Applications". As per this global market report, Asia Pacific accounts for the largest share of the global market and projected to emerge as the fastest-growing market during the forecast period.

The increased adoption of geosynthetics in the past few years has boosted the global geosynthetics market growth. In addition, rising investment in environmental projects and infrastructure by both developing and developed countries predicted to boost sustainable development and contribute extensively to reducing the carbon footprint. New production technologies and cost-effective production techniques provide opportunities for manufacturers of geosynthetics material.

The demand for Geosynthetics by product is led by Geotextiles segment, accounting for about 45% share in 2019, which is projected to reach US$10.6 billion by 2026 at the fastest CAGR of 7.7% between 2019 and 2026. The overall Geosynthetics market is expected to touch US$15 billion in 2020.

The product types market of Geosynthetics analyzed in this report includes Geotextiles, Geomembranes, Geogrids, Geocells, Geonets and Others. This market research report analyzes the market for Geosynthetics by raw material comprising Polypropylene, Polyester, Polyethylene, Others. The report also examines the market for Geosynthetics by applications including Roads, Railways, Soil Reinforcement, Waterworks and Waste Treatments and Others.

This report reviews, analyzes and projects the Geosynthetics market for global and regional markets including North America, Europe, Asia-Pacific and Rest of World in terms of value in USD for the period 2017-2026. These regional markets further analyzed for 13 independent countries across North America – the United States, Canada and Mexico; Europe – Germany, France, the United Kingdom, Italy, Spain and the Netherlands; Asia-Pacific – Japan, China, India and South Korea.

This global market report on Geosynthetics includes 252 charts (includes a data table and graphical representation for each table), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 43 key global players and 59 major players across North America – 25; Europe – 17; Asia-Pacific – 15; and Rest of World – 2. The report also provides the listing of the companies engaged in the research and development, manufacturing and supply of Geosynthetics. The global list of companies covers addresses, contact numbers and the website addresses of 360 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

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