Geosynthetics Market Research Report - Global Forecast till 2028

Geosynthetics Market: Information by Type (Geotextile, Geomembranes, Geogrids, Geonets, and others), Material (Polyethylene, Polystyrene, Polyvinyl Chloride, Polyester, and others), Application (Separation, Reinforcement, Filtration, Drainage, and Barrier) and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Forecast till 2028

ID: MRFR/CnM/7337-HCR | February, 2021 | Region : Global

Geosynthetics Market Overview


Geosynthetics Market is projected to be worth USD 23.92 billion by 2028, registering a CAGR of 6.75% during the forecast period (2021 - 2028), The market was valued at USD 13.7 billion in 2020.


Geosynthetics materials include geotextile, geomembranes, geogrids, geo-composite, geosynthetic liner, and geonets. These geosynthetics materials are made of polypropylene, polyethylene, polystyrene, polyvinyl chloride, and polyester. Geosynthetics system is used in a wide range of civil and geotechnical engineering applications including roads, railroads, airfields, retaining structures, embankments, canals, reservoirs, dams, and coastal engineering.


The geosynthetics market growth is primarily driven by the expanding construction industry, population growth, rapid urbanization, industrialization, and changing demographics across developing as well as developed countries. The other key factor driving the market growth is the presence of various rules and regulations pertaining to the usage of geosynthetics to increase the safety of the infrastructure and stabilize terrain. The global construction industry was valued at USD 8.5 trillion in 2018 and is projected to exhibit a CAGR of 4% during the forecast period. Furthermore, the increasing spending on infrastructure development in countries such as India and China is expected to create growth opportunities for market players during the forecast period.


Transport infrastructure represents the key market for geosynthetics. The increasing investments in the expansion of the road network and repair work of highways are expected to lay a robust growth platform for the global geosynthetics market during the forecast period. Furthermore, the increasing investments in the development of railway network in countries such as India, China, South Africa, and in parts of Western Europe to extend the logistics network is expected to fuel the market growth during the forecast period.


Regulatory bodies across the US and Europe have mandated the use of geosynthetics in landfills and in applications related to waste management, and groundwater due to environmental concern, which consequently is expected to create growth opportunities during the forecast period. The other important application of geosynthetics is in reservoirs, dams, and canals. Geosynthetics are used to eliminate/reduce soil erosion, which leads to slope instability, land loss, and loss in reservoir capacity. The increasing importance of geosynthetic products to reduce soil erosion and provide reinforcement to the soil is expected to boost the geosynthetics market growth.


Key Players



  • Low & Bonar PLC (UK) – Bontec

  • Tensar Geosynthetics (China) Ltd (China)

  • Thrace Group (Greece)

  • Maccaferri S.p.A. (Italy) – MacDrain, MacMat, MacLine, MacNet

  • Gorantla Geosynthetics Pvt Ltd. (India)

  • Polymer Group Inc. (US)

  • Geotrst Environmental Science Technology (China)

  • NAUE GmbH & Co. KG (Germany)

  • SKAPS Industries (US)

  • ABG Ltd (UK)

  • Texel Technical Materials, Inc. (US)


Pricing Analysis and Regulatory Framework


The average price for geosynthetics varies from USD 0.15 to USD 4.0 per square meter. The price of the geosynthetics varies based on material and type. Furthermore, fluctuating raw material prices are expected to have an impact on the price of geosynthetics.


The standard tests for geosynthetics have been established by the American Society for Testing and Materials (ASTM).


Market Drivers



  • Increasing investments in infrastructure development in Asia-Pacific



  • Recovering growth of the construction industry in the US



  • Stringent regulations and construction codes set by the regulatory bodies


Market Restraints



  • Fluctuating raw material prices


Segmentation


By Type



  • Geotextile: It is a flexible fabric made of polymer fibers or filaments. The most commonly used polymer for fabricating geotextile is polypropylene. Geotextiles can be either woven or non-woven characterized by an open and porous structure. The geotextile segment accounted for the largest share of the global geosynthetics market attributed to its tensile strength, as well as excellent mechanical and hydraulic properties.



  • Geomembranes: Geomembranes are polymeric sheets generally made of polyethylene, polyvinyl chloride (PVC), and polypropylene. Geomembranes are most commonly used for landfill applications, primarily owing to the high chemical resistance and durability.



  • Geogrids: Geogrids are primarily used for reinforcement application and are made of polypropylene, polyethylene, or polyester.




  • Others: The segment includes geosynthetic liners, geo-composites, geocells, geopipes, and geomesh.


By Material



  • Polypropylene: Polypropylene is the most common polymer used for the fabrication of various geosynthetics. The high demand for polypropylene is attributed to its lightweight, high strength, durability.



  • Polyethylene: The polyethylene segment is expected to witness healthy growth during the forecast period. It is mostly used in the manufacturing of geosynthetics owing to its high tensile strength, chemical resistance, and durability.



  • Polystyrene: Polystyrene is mainly used in the manufacturing of geofoams.



  • Polyvinyl Chloride: Polyvinyl chloride is a synthetic thermoplastic polymer manufactured from vinyl chloride and is used in the fabrication of geomembrane and geopipes.



  • Polyester: Polyester is used in the manufacturing of geotextiles and geogrids owing to its high strength and creep properties.



By Application



  • Separation: Geosynthetics such as geotextile, geomembrane, and geocell are used to separate two layers of dissimilar materials to maintain the integrity of the infrastructure. The increasing investments in construction and repair of the road network in developing nations are likely to support the growth of the segment during the forecast period.



  • Reinforcement: Reinforcement is the geosynthetics inclusions within the soil to improve the tensile strength and shear resistance. Geotextile and geogrid are used to reinforce the sub-soil for road construction activities.



  • Filtration: Filtration applications involve the movement of liquid through the geosynthetic, whilst retaining particles of the filtered soil.



  • Drainage: Drainage is a critical application in almost all geotechnical structure, transmitting liquid within the plane and to reduce lateral pressure on a retaining wall.



  • Barrier: Geosynthetics are used to prevent the contamination of liquid or vapor, generally used in the waste containment systems as a moisture barrier.


By Region



  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa


Regional Analysis



  • North America: North America was the second-largest regional market for geosynthetics in 2018. The region is projected to witness significant growth during the forecast period driven by increasing investments in infrastructure development in the US and stringent building regulations.



  • Europe: The expansion of public infrastructure and increasing construction activities owing to economic and demographic growth is expected to fuel the demand for geosynthetics in the region.



  • Asia-Pacific: The region accounted for the largest market share of about 38%. It is expected to be the fastest-growing market led by increasing investments in infrastructure development in China, India, Indonesia, and Malaysia.



  • Latin America: The Latin American construction industry is expected to witness moderate growth led by financial and political uncertainties in the region.



  • Middle East & Africa: The growth of the regional market is attributed to increasing investments in infrastructure and construction projects, mostly in lieu of the mega-events such as the World Expo 2020 in Dubai and the FIFA World Cup 2022 in Qatar.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Factor Analysis

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers of Geosynthetics

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

4.1.4 End-Use Industries/Type

4.2 Porter’s Five Forces Model

4.2.1 Threat of New Entrants

4.2.2 Intensity of Competitive Rivalry

4.2.3 Threat of Substitutes

4.2.4 Bargaining Power of Suppliers

4.2.5 Bargaining Power of Buyers

4.3 Pricing Analysis

5 Market Dynamics of Global Geosynthetics Market

5.1 Introduction

5.2 Drivers

5.2.1 Increasing investment for infrastructure development in Asia-Pacific

5.2.2 Recovering growth of construction industry in US

5.2.3 Stringent regulations and construction codes set by regulatory bodies

5.3 Restraints

5.3.1 Fluctuating raw material prices

5.4 Opportunities

5.5 Challenges

6. Global Geosynthetics Market, by Type

6.1 Introduction

6.2 Geotextile

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Geomembranes

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Geogrids

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

6.5 Geotextile

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, by Region, 2020-2027

6.6 Others

6.6.1 Market Estimates & Forecast, 2020-2027

6.6.2 Market Estimates & Forecast, by Region, 2020-2027

7. Global Geosynthetics Market, by Application

7.1 Introduction

7.2 Separation

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Reinforcement

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Filtration

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Drainage

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

7.6 Barrier

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast, by Region, 2020-2027

8. Global Geosynthetics Market, by Region

8.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.3 Market Estimates & Forecast, by Application, 2020-2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.5.3 Market Estimates & Forecast, by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.7.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.8.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.9.3 Market Estimates & Forecast, by Application, 2020-2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast, by Type, 2020-2027

9.3.10.3 Market Estimates & Forecast, by Application, 2020-2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast, by Application, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast, by Application, 2020-2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.8.3 Market Estimates & Forecast, by Application, 2020-2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast, by Type, 2020-2027

9.4.9.3 Market Estimates & Forecast, by Application, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.5.3 Market Estimates & Forecast, by Application, 2020-2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast, by Type, 2020-2027

9.5.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.5.5.3 Market Estimates & Forecast, by Application, 2020-2027

9.5.6 South Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast, by Type, 2020-2027

9.5.6.3 Market Estimates & Forecast, by Application, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast, by Type, 2020-2027

9.5.7.3 Market Estimates & Forecast, by Application, 2020-2027

9.5.8 Rest of the Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast, by Type, 2020-2027

9.5.8.3 Market Estimates & Forecast, by Application, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast, by Type, 2020-2027

9.6.3 Market Estimates & Forecast, by Application, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast, by Type, 2020-2027

9.6.4.3 Market Estimates & Forecast, by Application, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.6.5.3 Market Estimates & Forecast, by Application, 2020-2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast, by Type, 2020-2027

9.6.6.3 Market Estimates & Forecast, by Application, 2020-2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast, by Type, 2020-2027

9.6.7.3 Market Estimates & Forecast, by Application, 2020-2027

9. Competitive Landscape

9.1 Introduction

9.2 Market Key Strategies

9.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. Company Profiles

10.1 Vitamin C60 BioResearch Corporation

10.1.1 Company Overview

10.1.2 Financial Overview

10.1.3 Products Offered

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.1.6 Key Strategies

10.2 Nano-C

10.2.1 Company Overview

10.2.2 Financial Overview

10.2.3 Products Offered

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.2.6 Key Strategies

10.3 Frontier Carbon Corporation

10.3.1 Company Overview

10.3.2 Financial Overview

10.3.3 Products Offered

10.3.4 Key Developments

10.3.5 SWOT Analysis

10.3.6 Key Strategies

10.4 Solenne BV

10.4.1 Company Overview

10.4.2 Financial Overview

10.4.3 Products Offered

10.4.4 Key Developments

10.4.5 SWOT Analysis

10.4.6 Key Strategies

10.5 MTR Ltd.

10.5.1 Company Overview

10.5.2 Financial Overview

10.5.3 Products Offered

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.5.6 Key Strategies

10.6 BuckyUSA

10.6.1 Company Overview

10.6.2 Financial Overview

10.6.3 Products Offered

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.6.6 Key Strategies

10.7 American Elements

10.7.1 Company Overview

10.7.2 Financial Overview

10.7.3 Products Offered

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.7.6 Key Strategies

10.8 Nanostructured & Amorphous Materials, Inc.

10.8.1 Company Overview

10.8.2 Financial Overview

10.8.3 Products Offered

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.8.6 Key Strategies

10.9 NeoTechProduct

10.9.1 Company Overview

10.9.2 Financial Overview

10.9.3 Products Offered

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.9.6 Key Strategies

10.10 Xiamen Funano New Material Technology Company LTD

10.10.1 Company Overview

10.10.2 Financial Overview

10.10.3 Products Offered

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.10.6 Key Strategies

10.11 Merck KGaA

10.11.1 Company Overview

10.11.2 Financial Overview

10.11.3 Products Offered

10.11.4 Key Developments

10.11.5 SWOT Analysis

10.11.6 Key Strategies

11. Appendix


LIST OF TABLES

Table 1 Global Geosynthetics Market, by Region, 2020-2027

Table 2 North America: Geosynthetics Market, by Country, 2020-2027

Table 3 Europe: Geosynthetics Market, by Country, 2020-2027

Table 4 Asia-Pacific: Geosynthetics Market, by Country, 2020-2027

Table 5 Middle East & Africa: Geosynthetics Market, by Country, 2020-2027

Table 6 Latin America: Geosynthetics Market, by Country, 2020-2027

Table 7 Global Geosynthetics Type Market, by Region, 2020-2027

Table 8 North America: Geosynthetics Type Market, by Country, 2020-2027

Table 9 Europe: Geosynthetics Type Market, by Country, 2020-2027

Table 10 Asia-Pacific: Geosynthetics Type Market, by Country, 2020-2027

Table 11 Middle East & Africa: Geosynthetics Type Market, by Country, 2020-2027

Table 12 Latin America: Geosynthetics Type Market, by Country, 2020-2027

Table 13 Global Geosynthetics Application Market, by Region, 2020-2027

Table 14 North America: Geosynthetics Application Market, by Country, 2020-2027

Table 15 Europe: Geosynthetics Application Market, by Country, 2020-2027

Table 16 Asia-Pacific: Geosynthetics Application Market, by Country, 2020-2027

Table 17 Middle East & Africa: Geosynthetics Application Market, by Country, 2020-2027

Table 18 Latin America: Geosynthetics Application Market, by Country, 2020-2027

Table 19 Global Type Market, by Region, 2020-2027

Table 20 Global Application Market, by Region, 2020-2027

Table 21 North America: Geosynthetics Market, by Country, 2020-2027

Table 22 North America: Geosynthetics Market, by Type, 2020-2027

Table 23 North America: Geosynthetics Market, by Application, 2020-2027

Table 24 Europe: Geosynthetics Market, by Country, 2020-2027

Table 25 Europe: Geosynthetics Market, by Type, 2020-2027

Table 26 Europe: Geosynthetics Market, by Application, 2020-2027

Table 27 Asia-Pacific: Geosynthetics Market, by Country, 2020-2027

Table 28 Asia-Pacific: Geosynthetics Market, by Type, 2020-2027

Table 29 Asia-Pacific: Geosynthetics Market, by Application, 2020-2027

Table 30 Middle East & Africa: Geosynthetics Market, by Country, 2020-2027

Table 31 Middle East & Africa: Geosynthetics Market, by Type, 2020-2027

Table 32 Middle East & Africa: Geosynthetics Market, by Application, 2020-2027

Table 33 Latin America: Geosynthetics Market, by Country, 2020-2027

Table 34 Latin America: Geosynthetics Market, by Type, 2020-2027

Table 35 Latin America: Geosynthetics Market, by Application, 2020-2027

LIST OF FIGURES

FIGURE 1 Global Geosynthetics Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Geosynthetics Market

FIGURE 4 Value Chain/Supply Chain of Global Geosynthetics Market

FIGURE 5 Share of Global Geosynthetics Market, by Country, 2020 (%)

FIGURE 6 Global Geosynthetics Market, 2020-2027

FIGURE 7 Global Geosynthetics Market Size, by Type, 2020 (%)

FIGURE 8 Share of Global Geosynthetics Market, by Type, 2020-2027

FIGURE 9 Global Geosynthetics Market Size, by Application, 2020 (%)

FIGURE 10 Share of Global Geosynthetics Market, by Application, 2020-2027

Geosynthetics Market