The global geosynthetics market size is expected to reach USD 24.60 billion by 2030, registering a CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rapid infrastructure development in emerging economies, such as India and Brazil, is anticipated to fuel the market growth over the forecast period. Infrastructure development in India, China, and the Middle East in light of regulatory inclination to increase expenditure on road transport is expected to drive the market. The European Union directive 2008/98/EC sets the basic regulations for waste management and ways for efficient landfill containment.
This regulatory inclination in Europe is expected to increase the application of geosynthetics in the near future. The product is widely used for base reinforcement, separation, and stabilization of roads and pavements. These products also find application in subsurface drainage systems for dewatering, road base, and structure drainage. The market is characterized by the presence of large-scale manufacturers catering to the global demand. The demand for geosynthetics is high in developing economies including India and China, owing to the sanction and commencement of infrastructural development projects in the developing economies. Key market players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby advancing their market share.
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Geotextiles led the market in 2023 with a revenue share of more than 48.4%. The segment dominated the market on account of their better performance and functional advantages over other materials.
Geomembranes are estimated to expand at a CAGR of 5.2% in terms of revenue from 2024 to 2030 considering the rising awareness regarding the product’s application as floating covers for reservoirs to control evaporation, reduce Volatile Organic Compounds (VOCs) emission, and minimize demand for drainage and cleaning.
Geogrids are increasingly used in railway and road infrastructure development for reinforcement of structural bases over soft soils on account of their exceptional bearing capacity.
Geonets are incorporated as separation media in the collection of landfill leachates, foundation wall systems in drainage, road, and pavement drainage systems, and methane gas collection.
Grand View Research has segmented the global geosynthetics market report based on product and region:
Geosynthetics Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2018 - 2030)
Geotextiles
By Raw Material
Natural
Jute
Others
Synthetic
Polypropylene
Polyester
Polyethylene
By Product
Woven
Non-woven
Knitted
By Application
Erosion control
Reinforcement
Drainage systems
Lining systems
Asphalt overlays
Separation & stabilization
Silt Fences
Geomembranes
By Raw Material
HDPE
LDPE
Ethylene Propylene Diene Monomer (EPDM)
Polyvinyl chloride (PVC)
Others
By Application
Waste management
Water management
Mining
Lining Systems
Others
By Technology
Extrusion
Calendering
Others
Geogrids
By Raw Material
HDPE
Polypropylene
Polyester
By Application
Road construction
Railroad
Soil reinforcement
Others
By Product
Uniaxial
Biaxial
Multi-axial
Geonets
By Raw Material
HDPE
MDPE
Others
By Application
Road construction
Drainage
Railroad
Others
Geocells
By Raw Material
HDPE
Polypropylene (PP)
Others
By Application
Earth reinforcement
Load support
Tree root protection
Slope protection
Others
Geosynthetics Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Italy
Spain
Asia Pacific
China
India
Japan
New Zealand
Australia
Malaysia
Thailand
Central & South America
Brazil
Middle East & Africa
Saudi Arabia
UAE
South Africa
List of Key Players in Geosynthetics Market
GSE Holdings, Inc.
Koninklijke Ten Cate N.V.
Officine Maccaferri S.p.A.
NAUE GmbH & Co. KG
Propex Operating Company, LLC
Low and Bonar PLC
TENAX Group
Fibertex Nonwovens A/S
Global Synthetics
AGRU America
TYPAR
HUESKER Group
PRS Geo-Technologies
Tensar International Corporation
Solmax
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