Geotextiles And Geogrids Market - Forecast(2024 - 2030)
Geotextile and Geogrid Market Overview
Geotextile
and the geogrid market size is forecast to reach US$14.6 billion by 2027,
after growing at a CAGR of 7.5% during 2022-2027. Geotextiles and Geogrids are
geosynthetic materials that can be used to reinforce soils and similar
materials. Geotextiles and geogrids are commonly made of polymer materials,
such as polyester, polyvinyl alcohol, polyethylene, or polypropylene. Geotextile material is used with soil,
rock, or any other geotechnical engineering-related material. Geotextiles do
not decay under biological and chemical processes. This makes them useful in
road construction and maintenance. Geogrid is used to reinforce soil for steepened
slopes and retaining walls. Geotextile fabrics serve in a variety of
environmental applications, including filtration of fluid and gas collection
systems, protection of geomembrane liners, waste daily covers, and
reinforcement. Geotextiles are specified for municipal waste and hazardous
waste landfills, heap leach pads, sewage treatment lagoons, as well as waste
containment ponds, and other surface impoundments. Besides, rising
investment in infrastructure developments owing to its physical, mechanical,
and endurance properties the market for the geotextile and geogrid industry is
expected to drive during the forecast period.
COVID-19 Impact
The Coronavirus pandemic has
impacted the polymer industry to a great extent stuttering the manufacturing industry.
Currently, the core industries such as construction, landfilling, agriculture,
waste management, mining are highly impacted. The non-availability of
workforces, supply chain disruptions, country-wide lockdowns, temporary
closures of infrastructure projects, and limited availability of raw materials.
With the tranquil norms made by the government, with preventive measures and
social distance, the end-use industries are recovering. These preventive
measures hampered the supply chain and delay in infrastructure projects are the
major reason for the decline in the construction industry. Geogrids improve the bearing capacity of the soil and make
the roads stronger and more reliable. It prevents expensive soil excavation and
re-compaction. Compared to the traditional road construction techniques, using
geosynthetic materials in road construction is much more economical and
efficient. According to the associated general contractors of America (AGC) the
construction association the Highway and street construction
edged down 0.1% from December but rose 5.2% compared to January 2021. The
increasing spending on infrastructural development and demand for waste
management is expected to offer opportunities for manufacturers during the
forecast period.
Report Coverage
The “Geotextile and Geogrids Market Report – Forecast
(2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments
of the Geotextile and geogrid Industry.
By Raw
Material: Polyethylene (PE), (High-Density
Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE), Low-Density
Polyethylene (LDPE),) Polyvinyl Chloride (PVC), Polypropylene (PP), Ethylene
Propylene Diene Terpolymer (EPDM), Recycled Material, Others
By Application: Surface Protection, Root & Weed Barrier,
Pond Liners, Vertical Gardens, Soil Stabilization, Landscape Edging, Gas &
Vapor Barrier, Waterproofing/Sealing, Drainage, Others.
By End-Use Industry: Construction
(Residential, Commercial, Industrial), Landscaping, Agriculture, Waste
Management, Mining, Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK,
Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of
Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New
Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil,
Argentina, Colombia, Chile, and Rest of South America), Rest of the World (the Middle
East, and Africa)
Key Takeaways
- The geosynthetic materials that are cost-effective, easy to
transport, and easy to install are driving the market.
- Geotextiles improve soil strength at a lower cost than
conventional soil nailing. In addition, geotextiles allow planting on steep
slopes, further securing the slope.
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The polyethylene segment held the largest
share in the geotextile and geogrid market in 2021 and is growing at a CAGR of 7.0%
during 2022-2027. They are typically formed from polyethylene sheets and expand
out like an accordion when opened up to use. They are meant to contain soil,
gravel, or other fill material within their maze of cells or pockets and may be
porous to allow water movement. They are
used on slopes with soft subgrades and in erosion control in channels. They may
be used over the top of a geotextile or geogrid. While they come in compact bundles when
collapsed, they typically cover an area 2.5m (8 ft) wide by 6 to 12m (20 to 40
ft) long when expanded. Geosynthetics polyethylene
is used in building roads, alleyways, stream accesses. According to the U.S. Census Bureau
construction industry was increased by 0.8% in 2021. Construction work has
continued despite the second wave of Covid-19. The rapid growth in construction
activities will help the growth of the Geotextile and geogrid market during the
forecast period
Geotextile and geogrid Market Segment Analysis – By End-Use Industry
The mining industry segments accounted for over 35%
of the market share in 2021. The demand for metals and minerals is expected to
drive the mining industry. Geosynthetic materials enable more efficient
barriers, stronger access roads, space-saving, and safety-enhancing retaining
structures, and much more. The use of geosynthetics in mining operations grows
annually, as mining companies focus on the technical and economic advantages of
geosynthetics. The geogrids have been used to stabilize soft soils for road
construction, embankments, and mine tailings for soil cover placement. China has
a large mining industry and a huge demand for mineral resources. According to
the China mining industry, the world's leading consumer of most mining
products, particularly for commodities like thermal coal, approximately 49% of the
global total, and iron ore, approximately 58% of the global total. Therefore,
the mining industry is owing to the growth of geotextiles and geogrids market
during the forecast period.
Geotextile and geogrid Market Segment Analysis – By Geography
Asia-Pacific region held the
largest share in the geotextile and geogrid market in 2021 up to 40% owing to the growth of end-use
industries like landscaping, agriculture, waste
management, mining, construction, and others. The region is enlarging at a
faster rate which is owing to the high growth of the geosynthetics market. The
market growth in the region is driven by rapidly increasing population,
urbanization, and industrialization. Growing investment for the development of
public infrastructure and demand for solid waste management systems are the
major factors driving the geosynthetics demand in the region. American Society
for Testing and Materials (ASTM), describes geotextile as any permeable textile
material applied with foundation, soil rock, earth, or any other geotechnical engineering-related
material as an integral part of a: man-made project, structure, or system.
According to the Australasian chapter of the international geosynthetics
society, in October 2020 global Synthetics supplied over 500,000sqm of aceGrid geogrid
to the project, which reinforced 280,000m3 of road embankment construction, the
largest geogrid reinforced slope in the southern hemisphere. The growth of
geosynthetics is owing to the growth of the geotextile and geogrid market
during the forecast period.
Geotextile and geogrid Market – Drivers
Growing Construction Sector
Performance of Natural Geotextiles in Geotechnical Engineering
Natural geotextiles have been
greatly developed. A multitude of scholars has studied the application and
performance of natural geotextiles in geotechnical engineering. Natural
geotextile materials are jute and coir, which are biodegradable and abundantly
available, Whereas Synthetic geotextiles are mostly based on polypropylene,
polyester, and polyamide fiber or high-density polyethylene, either in woven,
short, or tape form. The analyzes the application of natural geotextiles in
geotechnical engineering in recent years. The uses common natural geotextiles
at present. Soil degradation caused by erosion has a serious adverse impact on
environmental sustainability and agricultural productivity. To prevent the soil
from further degradation, geotextiles are used as the soil cover to provide
temporary protection for the soil, which can effectively control erosion until
the soil is stabilized by vegetation. Geotextiles made of natural fibers have
high efficiency in erosion control. Natural geotextiles are used for protection
and their protective effect. Compared with synthetic geotextiles, natural
geotextiles are more effective in controlling erosion and have better soil
adhesion. More importantly, due to the biodegradability of natural geotextiles,
the accumulation of microplastics in the environment can be avoided. Moreover,
the short life and hygroscopicity of natural geotextiles have little effect on
erosion control. Confidence Infrastructure will produce 300-600gsm
polypropylene and polyester nonwoven geotextile with maximum width up to 4.2m
in 2021. The growth in geotechnical engineering is owing to the geotextile
market during the forecast period
Geotextile and geogrid Market – Challenges
Raw Material prices
Volatile
prices of raw materials impact synthetic geotextile demand. Geotextiles are
made from synthetic fibers such as polypropylene, polyester, and polyethylene,
as well as natural fibers such as jute, coir, and ramie. Any shift in the
demand and supply of these raw materials could affect the geotextile industry
significantly. The components of synthetic fibers are extracted from crude oil,
thus the increase in crude oil prices leads to higher prices of raw materials,
thus affecting the geotextile industry. The fluctuations in raw material prices
also affect the manufacturers operating margins, which in turn makes it
difficult for them to sustain themselves on the global geotextile market.
According to bontexgeo, Expectations are that these high prices will be
maintained well into 2022. These increases, in combination with heavy
disruptions in supply and demand, have put us in a position where we are no
longer able to maintain our current prices. Thus, a price increase of 10-15%
will be effective as of January 2022.
Geotextile and Geogrid Industry Outlook
Technology launches, acquisitions, and R&D
activities are key strategies adopted by players in the Geotextile and geogrid
markets. Geotextile and geogrid market top 10 companies include:
- Alyaf Industrial Co.Ltd.
- BMC Gulf
- Exeed Industries
- Mattex Geosynthetics
- Tensar International Corporation
- Suntech
- Miakom
- Karl Mayer
- Geosys India Infrastructures Pvt. Ltd.
- Uning new materials (Shanghai) Co., Ltd.
Recent Developments
- In August 2021, Bangladesh-based Confidence Infrastructure Ltd announced it would install two complete needle punching geotextile fabric lines. Using state-of-the-art technology, Confidence Infrastructure can adapt to the continually growing market requirements and react promptly and flexibly to individual customer needs.
- In March 2022, Freudenberg Performance Materials, a leading global supplier of high-performance geosynthetics for the civil engineering market, presents a new geogrid composite. Aimed at increasing the efficiency of construction projects, the product consists of a reinforcing grid bonded to a separation and filtration nonwoven geotextile.
Relevant Reports
Geosynthetics
Market - Industry Analysis, Market Size, Share, Trends, Application Analysis,
Growth and Forecast 2021 - 2026
Report Code: CMR 21346
Nonwovens Market -
Forecast(2022 - 2027)
Report Code: CMR 1366
Geogrid Market - Forecast(2022 - 2027)
Report Code: CMR 0303
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LIST OF TABLES
LIST OF FIGURES
1.US Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)2.Canada Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
3.Mexico Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
4.Brazil Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
5.Argentina Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
6.Peru Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
7.Colombia Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
8.Chile Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
9.Rest of South America Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
10.UK Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
11.Germany Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
12.France Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
13.Italy Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
14.Spain Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
15.Rest of Europe Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
16.China Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
17.India Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
18.Japan Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
19.South Korea Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
20.South Africa Geotextiles And Geogrids Market Revenue, 2023-2030 ($M)
21.North America Geotextiles And Geogrids By Application
22.South America Geotextiles And Geogrids By Application
23.Europe Geotextiles And Geogrids By Application
24.APAC Geotextiles And Geogrids By Application
25.MENA Geotextiles And Geogrids By Application
26.Alyaf Industrial Co.Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Al Latifia Factory For Plastic Mesh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.BMC Gulf, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Exeed Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Mattex Geosynthetics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Royal TenCate NV, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Tensar International Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)