Geotextile Market – Industry Analysis and Forecast (2019-2026)


Posted July 25, 2020 by Mjagtap7

Global Geotextile Market was estimated at USD 5.6 Bn in 2018 and is expected to reach USD XX Bn by 2026, at a CAGR of XX %.
 
Global Geotextile Market was estimated at USD 5.6 Bn in 2018 and is expected to reach USD XX Bn by 2026, at a CAGR of XX %.

Increasing awareness of biodegradable material among consumer has shifted their preference this is about to fuel product demand. Various end-use in construction, agriculture, erosion control, and drainage is drive geotextile market growth.

Geotextile Market, by Geography

Non-woven geotextile segment is expected to be the fastest-growing as well as the largest segment of the geotextile market for the forecast period. The rise in demand for non-woven product segment can be attributed to its growing demand in the railways and construction sector.

Among materials, the synthetic type is expected to be the fastest-growing segment as well as the largest one. Non-woven geotextile allows filtration that prevents soil from clogging or infiltration leading to its growing application in road construction further fueling the demand for this product.

Railway work, road construction and pavement repair, erosion, drainage, and agriculture are some of the key application segment of the geotextile market. Road construction and pavement repair are projected to be the fastest-growing and largest application segment. Erosion segment is projected to be one of the fastest-growing segments along with holding one of the largest market shares.

Asia Pacific region is expected to be the largest market with India Japan, China, and South Korea being some important countries contributing to the growth. Leading players have been carrying out planned expansion activities in the Asia Pacific to meet the rising demand from construction and agriculture industries further boosting the market demand.

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https://www.maximizemarketresearch.com/market-report/geotextile-market-jan-2018/548/
The Scope of the Report:

Geotextile Market, by Material Type:

• Synthetic
• Natural
• Others
Geotextile Market, by Product Type:

• Woven
• Non-woven
• Knitted
Geotextile Market, by Application:

• Drainage
• Railway Work
• Agriculture
• Road Construction and Pavement Repair
• Erosion
• Others
• Sports Field Construction
• Retaining Walls
Geotextile Market, by Geography:

• Asia Pacific
• North America
• Europe
• Middle East & Africa
• Latin America
Key Players analyzed in the Report:

• Royal Ten Cate Corporate EMEA
• GSE Holdings Inc.
• Low & Bonar PLC.
• Fibertex Nonwovens A/S
• Tenax
• Huesker Synthetic GmbH
• CTM GEO Synthetics
• Leggett & Platt Incorporated
• Kaytech Engineered Fabrics.
• Thrace Group
• Huesker
• Berry Global
• DuPont
• Strata Systems
• Leggett & Platt
• Officine Maccaferri
• KaytecMattex
• NAUE
• Propex Operating Company
• Carthage Mills
• Asahi Kasei Advance Corporation

 This Report Is Submitted By : Maximize Market Research Company

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Issued By manoj
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Country India
Categories Business
Tags geotextile market
Last Updated July 25, 2020