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The geosynthetics market size is expected to reach a value of USD 9.65 billion, at a CAGR of 10.97%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as rise in awareness about environmental protection are projected to significantly support market growth during the forecast period. From this market research report, you can gather necessary insights on the latest trends and challenges that will have a far-reaching effect on the market growth.
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This report covers actionable insights on the geosynthetics market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation by type (geotextiles, geomembrane, geogrids, and others) and geography (APAC, North America, Europe, South America, and MEA) in this geosynthetics market report to pursue growth opportunities.
Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. This market research report entails a thorough qualitative and quantitative analysis on the post-pandemic geosynthetics market predictions on demand changes for 2021-2025.
The geosynthetics market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. Our research analysts have also identified and curated the well-thought-out business planning approaches of key players in this report. At present, the geosynthetics market is fragmented and the vendors are deploying organic and inorganic growth strategies to gain a competitive advantage. The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The geosynthetics market includes all the current COVID-19 impact updates. The geosynthetics market forecast report comprises detailed insights on complete key vendor profiles. The profiles include particulars on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis. |
43% of the geosynthetics market growth will originate from APAC during the forecast period. China and India are the key markets for geosynthetics market in APAC. The market research report includes exclusive information on potential business locations and understand the demographics of current and prospective customers.
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APAC has been exhibiting a significant growth rate for geosynthetics market vendors. Factors such as the increased use of geosynthetics in countries such as China and India are accelerating the geosynthetics market growth in APAC.
The geosynthetics market share growth in APAC will be slower than the growth of the market in Europe. Our report will help you garner competitive intelligence and regional opportunities in store for vendors.
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According to our market segmentation data analysis, the geotextiles segment is expected to be a significant contributor to the growth of the geosynthetics market share during the forecast period. Key benefits such as separation, filtration, drainage and reinforcement are driving the geotextiles segment growth. This report provides an accurate prediction of the revenue share of all the segments to the growth of the geosynthetics market size.
From the geosynthetics market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. This market research report also comprises actionable market insights on post COVID-19 impact on each segment.
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding geosynthetics market growth is increased dependence on government authorization. This market analysis report includes exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
Environmental protection and sustainable development have emerged as important factors for many nations. More than 20 global environmental treaties have been signed, and hundreds of regional, bilateral agreements have been made to protect the environment. The disposal of industrial waste and animal waste in the environment has led to the degradation of soil and contamination of groundwater. The Resource Conservation and Recovery Act (RCRA) of the US has mandated the use of geomembranes and geosynthetic clay liners (GCL) as bottom liners for waste containment, cut-off walls, and landfill closures or covers. They are used in all hazardous and most MSW landfills. The rise in awareness about environmental protection serves as a benefit to many manufacturers owing to the increase in demand for geomembranes. This is contributing to the growth of the global geosynthetics market. |
This geosynthetics market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.
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Geosynthetics Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.97% |
Market growth 2021-2025 |
$ 9.65 billion |
Market structure |
Fragmented |
YoY growth (%) |
11.54 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 43% |
Key consumer countries |
China, US, UK, Saudi Arabia, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ACE Geosynthetics Inc., Asahi Kasei Corp., Carthage Mills Inc., Geosynthetics Ltd., Huesker Synthetic GmbH, Leggett & Platt Inc., NAUE GmbH & Co. KG, Tenax Kunststoffe GmbH, Tensar Corporation LLC, and Wrekin Products Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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