Geotextile Market By Reports And Data
Geotextile Market To Reach USD 11.86
Billion By 2026
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Market Summary
Increasing population, increasing industrialization
and rapid urbanization have compounded growth in
emerging markets, leading to a sharp increase in
geotextile adoption.
Geotextile Market Size – USD 4.64 billion in 2018,
Market Growth - CAGR of 11.4%, Market Trends –
Increasing demand in applications for road
construction and erosion control prevention.
M a Orkuetr S Aumpmparroyach
The Geotextile Market is forecasted to grow from USD 4.64 billion in 2018 to USD 11.86 billion by 2026, at a
CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid
urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile
adoption.
Typically, geotextiles are used to improve soils that build streets, pipelines, embankments, and earth holding
structures. They consist of numerous materials, including warp-knitted textiles, open - mesh textiles, and non
- woven textiles. Filtration, separation, reinforcement, protection and drainage are the primary functions of
the product. Geotextiles have filtration properties that allow water and other fluids to be separated from
various solid particles. This filtration function is used mainly in drainage applications.
Geotextile’s properties like flexibility and permeability are expected to drive the growth of the market during
the forecast period. It is also expected that durability and cost effectiveness of geotextile will boost the market
further during the forecast period.
The major players in the market are Low & Bonar (UK), Officine Maccaferri (Italy), Koninklijke
TenCate (Netherlands), Thrace Group (Greece), Huesker (Germany), Berry Global (US), Fibertex
Nonwovens (Denmark), DuPont (US), Strata Systems (US), Carthage Mills (US) and others.
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M a r kOeut Sru Ampmparyoach
Material (Kilo Tons) (Revenue, USD Million; 2016-2026)
Synthetic
Natural
Product (Kilo Tons) (Revenue, USD Million; 2016-2026)
Woven
Non-woven
Knitted
Application (Kilo Tons) (Revenue, USD Million; 2016-2026)
Erosion
Drainage Control
Road Construction
Others
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M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
The Geotextile Market is forecasted to grow from USD 4.64 billion in 2018 to USD 11.86 billion by 2026, at a
CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid
urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile
adoption.
The market for non-woven segment is expected to grow the largest at USD 4.98 Billion in 2026, at a CAGR of
12.2% during the forecast period. Increasing demand in the road rail industry for nonwoven geotextiles is
one of the key factors driving global growth in the geotextile market. In applications such as roads, payment
overlays and aggregate drains, non-woven geotextiles are used. The woven geotextile is used for applications
where high strength geotextile is required. While geotextiles are widely used in rock filtration, geotextiles are
not suitable for liquid barriers filtration.
The market for synthetic segment is expected to grow the largest and fastest at USD 6.41 Billion in 2026, at a
CAGR of 12.3% during the forecast period. The geotextile segment of polypropylene is expected to be the
largest subsection of the synthetic geotextile. It is also expected that this segment will grow at the highest
CAGR during the forecast period.
Read More @ https://www.reportsanddata.com/report-detail/geotextile-market
A b oOuutr U Aspproach
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