Global Geotextiles Market 2017-2021

Overview of the geotextiles market

Research analysis on the global geotextiles market identifies that the rising concern towards soil erosion will be one of the major factors that will have a positive impact on the growth of the market. There is a rising concern of countries across the globe towards the loss of agricultural land due to soil erosion. This induces the regional governments to take initiatives to stop soil erosion. The European government has already adopted Good Agriculture and Environmental Condition (GAEC 6) requirements under European Commission to minimize soil erosion. Such increasing initiatives by governments towards the prevention of soil erosion will increase the demand for geotextiles as an erosion control aid. Technavio's market research analysts predict that this market will grow at a CAGR of more than 11% by 2021.

In terms of geography, APAC will contribute to the highest revenue share of this market and ths is mainly due to the increase in road and dam constructions. The region is witnessing increasing investments towards railways, roadways, and ports for trade facilities. China and Indonesia have formed an alliance for new hydropower projects. The need to reduce soil erosion in dams and to reduce sediment transport, increases the demand for geotextiles since they are used as silt curtains in dam constructions. 

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Competitive landscape and key vendors

The market is dominated by the key vendors and is quite competitive. The vendors in the market are forming alliances to sustain the competition and are also focusing on meeting the demand the from end user industries. Additionally, they are also investing heavily in R&D to develop innovative manufacturing processes.

The leading vendors in the market are -

• Fibertex Nonwovens
• GSE Environmental
• Koninklijke Ten Cate
• Leggett & Platt
• Low & Bonar

The other prominent vendors in the market are Technical Absorbents, L & M Supply, Novintiss, Mattex Geosynthetics, and Carthage Mills.

Segmentation by type and analysis of the geotextiles market

• Non-woven
• Woven
• Knitted

During 2016, the non-woven segment accounted for the major shares of this market. The non-woven geotextiles have a expanding property and capability of gliding water down and are used in drainage, erosion control, and road construction on the wet and subtle ground.

Segmentation by application and analysis of the geotextiles market

• Road construction
• Erosion control
• Drainage

The road construction segment will contribute to the major market shares during the next four years since geotextiles are used to achieve separation, drainage, filtration, and reinforcement. The increasing demand for automobiles that has led to the rise in need for roads, will subsequently fuel the growth of the geotextiles market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global geotextiles market?
• What are the key market trends impacting the growth of the global geotextiles market?
• What are the challenges to market growth?
• Who are the key vendors in the global geotextiles market?
• What are the market opportunities and threats faced by the vendors in the global geotextiles market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global geotextiles market?

Technavio also offers customization on reports based on specific client requirement.

Geotextiles are those permeable textile materials that are used to prevent or decrease soil erosion caused by wind or water. They are also used in pavements in applications such as dissimilar material separation, drainage, filtration, reduction of crack propagation, and others. Geotextiles high performance and cost effectiveness has caused it to replace traditional materials and led to its adoption in many civil engineering and construction applications or projects. The upcoming report on global geotextiles market is an essential component in the chemicals and materials industry. Our market research report for the textile, fiber, and composites sector comprises of an in-depth analysis of wide range of business assessment parameters such as market size, growth rate, key growth drivers, emerging trends, prominent vendors, and key insights.

Research analyst at Technavio gathers immense data and information using primary and secondary research, and process those using sophisticated statistical models to present an accurate analysis of the market landscape. Research analyst at Technavio uses empirical study, literature review, case studies, and secondary analysis as some of the research tools to provide accurate growth forecast data.

With its importance in the construction sector, our analysts predict the growth of geotextiles market due to increase in the demand for road and railway construction. Also, to offer clients the scope to identify potential market opportunities, this report on the global geotextiles market also covers geographies like the Americas, APAC, and EMEA. This upcoming market research report on the global geotextiles market also includes vendors like GSE Holding Inc, Officine Maccaferri S.p.A., NAUE GmbH & Co., and Royal TenCate N.V.

The upcoming industry research report for global geotextiles market identifies other fundamental aspects of business intelligence such as profits, products, technology, manufacturing, distributions, as well as opportunities and challenges faced by the industry. Technavio also provides deep-dive market assessments into the sectors such as plastics, polymers, and elastomers and metals and minerals.

Our market research methodology for the global geotextiles market

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