Geotextiles Market: Woven Geotextiles Are Anticipated To Witness A CAGR Of Over 6.2% From 2022 To 2030

 Geotextiles Industry Overview

The global geotextiles market size was estimated at USD 6.72 billion in 2021 and is expected to register a CAGR of 6.5% in the forecast period. Increased usage of geotextiles in a wide range of construction applications including roads, landfills, drainage structures, and harbors to enhance soil stabilization is anticipated to drive market growth over the forecast period. The extended lifespan and cost-effectiveness of geotextiles, coupled with growing environmental concerns regarding soil erosion, are projected to drive the demand for geotextiles. Promotional policies and initiatives by regulatory bodies have helped increase awareness regarding the benefits of geotextiles, thereby positively impacting the market growth.

The increase in the usage of geotextiles in a wide range of construction applications in the U.S. such as drainage structures, harbors roads, and landfills with the purpose of enhancing the soil stabilization. In addition, the rise in adoption of the product owning to the extended lifespan and cost-effectiveness accelerate the market growth.

Gather more insights about the market drivers, restrains and growth of the Global Geotextiles market

 

Woven geotextiles are manufactured from individual threads including fibrillated yarns, monofilaments, or slit films that are woven together to provide high load capacity for road construction applications. The long lifespan of these fabrics, coupled with their resistance to corrosion, drives their use for long-term applications.

In European economies such as Germany and U.K., manufacturers are required to comply with the stringent regulations established by governing bodies, which state the specific characteristics of the types of geotextiles and the applications they are most suitable for. The favorable regulatory framework for the application of these products, especially in erosion prevention applications, is likely to drive market growth.

The increased government spending on One Belt, One Road (OBOR) project in China is likely to have a positive impact on the infrastructural development in the country. The ample availability of usable land is expected to increase infrastructural activities in the country. The Chinese government has made considerable investments in infrastructure projects, which would subsequently drive the demand for geotextiles in the country.


Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

  • Cladding Market - The global cladding market size was estimated at USD 210.41 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2022 to 2030. The global cladding market is expected to be driven by the increase in construction activities across the globe, coupled with the growing demand for energy-efficient buildings.

 

  • Stainless Steel Market - The global stainless steel market size was valued at USD 104.23 billion in 2021 and is expected to exhibit a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. The private and public investments in infrastructure, as well as residential housing, is likely to provide a boost to the stainless steel demand.

 

Geotextiles Market Segmentation

Grand View Research has segmented the global geotextiles market on the basis of product, material, application, and region:

Geotextile Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

  • Non-woven
  • Woven
  • Others

Geotextile Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

  • Polypropylene
  • Polyester
  • Polyethylene
  • Others

Geotextile Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

  • Road Construction
  • Erosion Prevention
  • Drainage
  • Others

Geotextile Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)


Key Companies profiled:

Some prominent players in the geotextiles market include:

  • Koninklijke Ten Cate B.V.
  • GSE Holdings, Inc.
  • NAUE GmbH & Co. KG
  • Officine Maccaferri S.p.A.
  • Low and Bonar PLC
  • Propex Operating Company, LLC
  • Fibertex Nonwovens A/S
  • TENAX Group
  • AGRU America
  • Global Synthetics
  • HUESKER Group
  • TYPAR
  • Machina-TST
  • Gayatri Polymers & Geo-synthetics

 

Order a free sample PDF of the Geotextiles Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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