The Geocells Global Market Report 2023, provides comprehensive information on the geocells market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Geocells Global Market Report 2023, the market size is expected to grow from $1.82 billion in 2022 to $1.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.85%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global geocells market size is expected to reach $2.58 billion in 2027 at a CAGR of 7.30%.
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Technological advancements are a key trend gaining popularity in the geocell market. Companies operating in the geocells market are adopting new technologies to sustain their position in the market. For instance, in July 2022, Presto Geosystems, a US-based real estate builder, and construction company launched ATRA wall key technology. ATRA wall key is the quickest and easiest way to join the GEOWEB Retaining Wall parts. The wall keys are the only geocell connector especially made for use in exposed wall face applications that are made of inactive, chemically inactive high-density polyethylene and offer a more stable and long-lasting mechanical connection than bolts or zip ties.
The geocells market is segmented:
1) By Type: High-Density Polyethylene, Polypropylene, Polyester, Other Types
2) By Design Type: Perforated, Non Perforated
3) By Application: Load Support, Slope And Channel Protection, Retention Of Walls, Other Applications
Asia-Pacific was the largest region in the geocells market in 2022.
The table of contents in TBRC’s geocells market report includes:
Executive Summary
Geocells Market Characteristics
Geocells Market Trends And Strategies
Geocells Market - Macro Economic Scenario
Geocells Market Size And Growth
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Africa Geocells Market
Geocells Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Geocells Market
Geocells Market Future Outlook and Potential Analysis
Appendix
Top 5 Major Key Players Are:
Presto Geosystems
Strata Systems
Armtec Infrastructure
Maccaferri SPA
Polymer Group Ltd
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