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© 2016 Global Market Insights. All Rights Reserved Geotextile Market Price, Research Report, Analysis from 2017 to 2024.

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Presentation on theme: "© 2016 Global Market Insights. All Rights Reserved Geotextile Market Price, Research Report, Analysis from 2017 to 2024."— Presentation transcript:

1 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Geotextile Market Price, Research Report, Analysis from 2017 to 2024

2 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  The 2017 Geotextile Market price forecast report focuses on regional growth for 15+ countries, leading industry companies, applications of Aluminum Alloys Market and more with an aim to help take business decisions.Geotextile Market  Geotextile Market size may exceed USD 12 billion by 2024; according to a new research report by Global Market Insights, Inc.  Rapid industrialization along with increasing government spending for infrastructure projects should drive geotextile market size. Rising environmental concerns owing to cost effectiveness and longer shelf life along with biodegradable material consumption may have a positive impact in the industry growth.  Strict government regulations with respect to MSW and standards by American Association of State Highway and Transportation Officials (AASHTO) for its usage in pavement, erosion control, drainage, and separation, which reduces road construction time. Global Market Scenario of Geotextile Industry

3 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Geotextile market size from road construction may witness significant gains and surpass 3.5 billion sq. mtrs by 2024. It helps in building better roads by preserving and increasing road structural integrity and improves longevity and capacity. They are relatively homogenous, readily available and less work to install, thereby reducing environmental impact with transporting and quarrying materials for the usage in road construction.  Polypropylene, polyethylene, and polyester are raw materials used in synthetic polymer based production process. Rising raw material concerns may hinder supply deficit and impact geotextile market price trend.  Positive application outlook in construction, agriculture, erosion control, and drainage should drive geotextile market size. Shift in consumer preference regarding usage of biodegradable material consumption should fuel product demand. Continue:-

4 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Request Sample Of this research report@ https://www.gminsights.com/request-sample/detail/1707 https://www.gminsights.com/request-sample/detail/1707

5 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Product Analysis:-  Coir based geotextile market may witness significant gains over the foreseeable period. It is a natural fiber produced from coconut husks. It provides protection against soil erosion and provide natural support for vegetation. Increasing product usage due to several properties including durable, biodegradable, resist sunlight, absorb water, and facilitate seed germination should fuel industry growth.  Synthetic based fibers for these products are made up of polyester, polypropylene, and polyethylene. Polypropylene based geotextiles market size should expect gains at over 11%.  Nonwoven geotextile market size should surpass USD 8.5 billion in sales by 2024. Woven geotextiles market size may witness highest gains at over 11%. Strong application scope in erosion control and road stabilization owing to hydro filtration and high tensile strength properties should favor industry growth. 360° Industry Analysis Request for customization: https://www.gminsights.com/roc/1707

6 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Regional Analysis: U.S. woven geotextile market size may exceed USD 650 million by 2024. They are usually constructed by weaving and blending fibers. Increasing application scope in road construction to separate layers and stabilize ground under pavement and road will drive regional product demand. India geotextile market with respect to erosion control application should foresee gains at above 12.5%. These fabrics are made from natural and synthetic materials which control the sediments and prevent further erosion, thereby influencing industry growth. China geotextile demand from railroad applications is poised to exceed USD 95 million by 2024. Increasing government spending on infrastructure projects should drive regional product demand. Selection of product for railroad applications depend on factors including existing track structure, drainage conditions, previous maintenance requirements, traffic, and subgrade conditions. Competitive Analysis: Global geotextile market share is moderately fragmented with key companies including GSE, Royal TenCate, TENAX, Typar, Fibertex, and Hueskar. The industry may witness consolidation over the foreseeable period in the form of merger & acquisitions and joint ventures to increase their product portfolio & regional growth.

7 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Geotextile Market@ https://www.gminsights.com/industry-analysis/geotextile-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1707 https://www.gminsights.com/request-sample/detail/1707 Request for customization: https://www.gminsights.com/roc/1707

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