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Global Geotextile Market by Substance Type (Synthetic, Natural) By Implementation (Road Construction, Railways, Agriculture) Business Overview, Analysis and Industry Forecast 2019-2022

  • Category:Chemicals And Materials
  • Published on:06 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 510880
  • Publisher:Genesis Market Insights

Overview

GLOBAL GEOTEXTILE MARKET was valued at USD 4.45 Billion in the year 2019. The Geotextile Market is further predictable to grow at a CAGR of 12.37% from 2019 to reach USD 10.31 Billion by the year 2025. Asia Pacific region holds the maximum market share in 2019 whereas European region is regarded as the fastest growing market in the forecasted period. Developed markets like China as well the emerging markets like India with largest population base holds the notable market share in 2019 at country level and it is expected to grow strongly in the next 5 years.

Koninklijke Ten Cate bv. (Netherlands), Low & Bonar (UK), NAUE GmbH & Co. KG (Germany) and GSE Environmental (US) are some of the major players in the Geotextile Market with Koninklijke Ten Cate bv having the substantial market share because of its wide global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, new product launches, the government offered contributions and organic growth strategies were few systems adopted by various manufacturers in last 5 years.

Drivers:

Growing Investments for R&D and new product launches

Promotional grants provided by various governments for geo-textile production

Restraints:

Degradation of polypropylene

Opportunities:

Rising demand for natural fibers in geotextiles

Challenges:

High production cost due to technical specifications

Amongst various Implementation Types, Road construction segment is expected to hold the highest market share during the forecast period because of its growing popularity and product durability.

On the other hand Agriculture Segment for Geotextile Market is expected to grow at the highest CAGR of XXX during the year 2019-2022 because of the easy availability of the end textile products.

Key Benefits for Stakeholders

Geotextile Manufacturers, Distributors, and Retailers

Industrial Textile Raw material suppliers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Type

Synthetic

Natural

By Implementation Type

Road Construction

Railways

Agriculture

Others

By Product Type

Woven

Non-Woven

Knitted

By Region

North America

Europe

Asia-Pacific

LAMEA

Key Market Players

1 Koninklijke Ten Cate bv. (Netherlands)

2 GSE Environmental (US)

3 Low & Bonar (UK)

4 NAUE GmbH & Co. KG (Germany)

5 Officine Maccaferri SpA (Italy)

6 Fibertex Nonwovens A/S (Denmark)

7 Huesker Synthetic GmbH (Germany)

(A brief overview of another 13 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

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2. Methodology/Research Approach

This research study involved the wide-ranging use of both primary and secondary data sources. The research process involved the study of various aspects affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following demonstrative figure shows the market research methodology applied in this report.

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