PUBLISHER: Grand View Research | PRODUCT CODE: 1362930
PUBLISHER: Grand View Research | PRODUCT CODE: 1362930
U.S. Geotextile Market Size, Share & Trends Analysis Report By Material (Natural, Synthetic), By Product (Woven, Non-woven, Knitted), By Application (Erosion Control, Reinforcement, Drainage System), And Segment Forecasts, 2023 - 2030
U.S. Geotextile Market Growth & Trends:
The U.S. geotextile market size is expected to reach USD 1.29 billion by 2030, according to a new report by Grand View Research, Inc.. The market is expected to expand at a CAGR of 4.0% from 2023 to 2030. The cost-effectiveness and longer lifespan of geotextiles compared to other materials and the growing environmental concerns regarding soil erosion are projected to drive the product demand in the U.S. Initiatives by regulatory bodies and promotional policies have aided in increasing the awareness related to the benefits offered by geotextiles.
The major applications of geotextiles include the construction of new roads and drainage systems. The U.S. is expected to contribute majorly to the product demand owing to their increasing penetration in the aforementioned applications. In addition, in 2021, under the Infrastructure Investment and Jobs Act (IIJA), the U.S. government announced over USD 550.00 billion to be invested from 2022 to 2026. A large investment amount is expected to go into infrastructure investment, where major investments are likely to be made in the construction of highways & bridges, marine, pipeline, airports, and railways.
Innovation backed by government initiatives and other regulatory bodies is another major factor that is positively contributing to market growth. A few factors responsible for the active participation of government bodies include the creation of employment for manufacturing & application and the improvement of current environmental conditions.
Geotextiles are manufactured with certain specifications such as tensile strength and opening size, depending on their application area. In the U.S., regulatory agencies, such as the American Association of State Highway and Transport Officials (AASHTO), have defined manufacturing standards, which include mandatory tests to address general requirements such as application area, application by geography, and quantity.
Trading geotextiles with such countries becomes easier as each country has its own set of defined standards for trade. In addition, geotextiles traded from the U.S. market yield higher quality results owing to the ideal geographical and climatic conditions. As a result, the export of products from the U.S. to other regions has also increased due to their high quality. This is expected to further propel the market growth in the country.
Geotextile is made of synthetic fibers such as nylon, polyester, or polyethylene. Petroleum is a major raw material for most of the aforementioned synthetic fibers. Excessive extraction of crude oil has resulted in the depletion of reserves and an increase in prices, thus encouraging a shift from petroleum-based products to other alternatives. The production of synthetic fibers has a negative impact on the environment, in terms of carbon emissions, during conversion and manufacturing processes (starting from raw material acquisition to textile fabrication).
U.S. Geotextile Market Report Highlights:
- Based on material, the market is divided into natural and synthetic. Synthetic material accounted for the largest segment with 91.9% revenue share in 2022. This growth is attributed to its high durability, strength, and moisture-resistant properties. Furthermore, they are easier to handle & manufacture and are cheaper than their natural counterparts.
- Non-woven geotextile was valued at USD 583.0 million in 2022 and is expected to grow at a CAGR of 4.3% over the forecast period. Non-woven segment dominated the U.S. geotextile market accounting for a major share of the total market, in terms of volume, in 2022, owing to unique product properties such as absorbency, liquid repellency, and mechanical strength.
- The demand for product is increasing in lining system applications as it acts as an additional protective layer that makes it puncture resistant and more resilient. Geotextiles are used in waste landfills, canals, dams, and mining for lining systems. To resist water flow and reduce damage due to leakage, the canals must be lined with an impermeable layer.
- The threat of substitution is considered moderate owing to the presence of Geotextile substitutes include a variety of geosynthetics such as geonets and geogrids. These products perform the same functions as geotextiles. Geotextiles, on the other hand, are less expensive since they are manufactured with low-cost raw ingredients and very easy manufacturing procedures.
- The major manufacturers in the U.S. geotextile industry include Fibertex Nonwovens A/S, TenCate Geosynthetic, NAUE GmbH & Co. KG, Officine Maccaferri SpA., and Propex Operating Company, LLC. Key industry participants emphasize investments in research & development and product innovations to gain a competitive edge over other players.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2022 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Geotextile Market Variables, Trends & Scope
- 3.1. Market Lineage Market
- 3.1.1. North America Geotextile Market
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.1.1. Polypropylene
- 3.2.1.2. Polyester
- 3.2.2. Sales Channel Analysis
- 3.2.1. Raw Material Trends
- 3.3. Technology Overview
- 3.3.1. Spunbond Technology
- 3.3.2. Meltblown Technology
- 3.3.3. Air-Laid Technology
- 3.3.4. Needle-Punch Technology
- 3.3.5. Wet-Laid Technology
- 3.3.6. Composite
- 3.4. Regulatory Framework
- 3.4.1. Analyst Perspective
- 3.4.2. Test Standards For Geosynthetics And Related Products
- 3.5. U.S. Geotextile Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Growth of the Infrastructure Sector
- 3.5.1.2. Favorable Government Policies
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. Volatile Raw Material Cost
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.5.1. Market Driver Analysis
- 3.6. U.S. geotextile Market - Porter's five forces analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyer
- 3.6.3. Threat of New Entrants
- 3.6.4. Threat of Substitution
- 3.6.5. Competitive Rivalry
- 3.7. Industry Analysis - PESTLE by SWOT
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Social Landscape
- 3.7.4. Technological Landscape
- 3.7.5. Environmental Landscape
Chapter 4. U.S. Geotextile Market: Material Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Material Movement Analysis & Market Share, 2022 & 2030
- 4.3. U.S. Geotextile Market Estimates & Forecast, By Material 2018 - 2030 (Million Square Meters) (USD Million)
- 4.4. Natural
- 4.5. Synthetic
Chapter 5. U.S. Geotextile Market: Product Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2022 & 2030
- 5.3. U.S. Geotextile Market Estimates & Forecast, By Product 2018 - 2030 (Million Square Meters) (USD Million)
- 5.4. Non-woven
- 5.5. Woven
- 5.6. Knitted
Chapter 6. U.S. Geotextile Market: Application Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Application Movement Analysis & Market Share, 2022 & 2030
- 6.3. U.S. Geotextile Market Estimates & Forecast, By Application 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4. Erosion Control
- 6.5. Reinforcement
- 6.6. Drainage Systems
- 6.7. Lining Systems
- 6.8. Asphalt Overlays
- 6.9. Separation & Stabilization
- 6.10. Silt Fences
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Competition Categorization
- 7.3. Company Market Position Analysis
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping
- 7.6. Company Listing
- 7.6.1. Fibertex Nonwovens A/S
- 7.6.1.1. Company Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Product Benchmarking
- 7.6.1.4. Strategic Framework
- 7.6.2. TenCate Geosynthetics
- 7.6.2.1. Company Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Product Benchmarking
- 7.6.2.4. Strategic Framework
- 7.6.3. NAUE GmbH & Co. KG
- 7.6.3.1. Company Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Product Benchmarking
- 7.6.3.4. Strategic Framework
- 7.6.4. Officine Maccaferri SpA.
- 7.6.4.1. Company Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Product Benchmarking
- 7.6.4.4. Strategic Framework
- 7.6.5. Propex Operating Company, LLC
- 7.6.5.1. Company Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Product Benchmarking
- 7.6.5.4. Strategic Framework
- 7.6.6. AGRU America, Inc.
- 7.6.6.1. Company Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Product Benchmarking
- 7.6.6.4. Strategic Framework
- 7.6.7. HUESKER International
- 7.6.7.1. Company Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Product Benchmarking
- 7.6.7.4. Strategic Framework
- 7.6.8. TYPAR
- 7.6.8.1. Company Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Product Benchmarking
- 7.6.8.4. Strategic Framework
- 7.6.9. Terrafix Geosynthetics
- 7.6.9.1. Company Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Product Benchmarking
- 7.6.9.4. Strategic Framework
- 7.6.10. Belton Industries
- 7.6.10.1. Company Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Product Benchmarking
- 7.6.10.4. Strategic Framework
- 7.6.1. Fibertex Nonwovens A/S
List of Tables
- Table 1 U.S. Geotextile Market Estimates & Forecast, By Material 2018 - 2030 (Million Square Meters)
- Table 2 U.S. Geotextile Market Estimates & Forecast, By Material 2018 - 2030 (USD Million)
- Table 3 U.S. Geotextile Market Estimates & Forecast, By Product 2018 - 2030 (Million Square Meters)
- Table 4 U.S. Geotextile Market Estimates & Forecast, By Product 2018 - 2030 (USD Million)
- Table 5 U.S. Geotextile Market Estimates & Forecast, By Application 2018 - 2030 (Million Square Meters)
- Table 6 U.S. Geotextile Market Estimates & Forecast, By Application 2018 - 2030 (USD Million)
- Table 7 Recent Developments & Impact Analysis, By Key Market Participants
- Table 8 Company Heat Map Analysis, 2022
List of Figures
- Fig. 1 U.S. Geotextile Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Segmental Outlook
- Fig. 7 Segmental Outlook
- Fig. 8 Competitive Outlook
- Fig. 9 North Amerca Geotextile Market, 2022 (USD Million)
- Fig. 10 U.S. Geotextile Market - Value Chain Analysis
- Fig. 11 U.S. Polypropylene Price Trend (USD/Kiloton)
- Fig. 12 U.S. Polyester Price Index (USD)
- Fig. 13 U.S. Geotextile Market - Market Dynamics
- Fig. 14 Market Driver Impact Analysis
- Fig. 15 U.S. Construction Industry Spending, 2018 - 2022 (USD Million)
- Fig. 16 Market Restraint Impact Analysis
- Fig. 17 Industry Analysis: Porter's
- Fig. 18 PESTEL Analysis, by SWOT
- Fig. 19 Material: Key Takeaways
- Fig. 20 Material: Market Share, 2022 & 2030
- Fig. 21 U.S. natural geotextile market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 22 U.S. synthetic geotextile market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 23 Product: Key Takeaway
- Fig. 24 Product: Market Share, 2022 & 2030
- Fig. 25 U.S. non-woven geotextile market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 26 U.S. woven geotextile market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 27 U.S. knitted geotextile market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 28 Application: Key Takeaways
- Fig. 29 Application: Market Share, 2022 & 2030
- Fig. 30 U.S. geotextile market estimates & forecasts, in erosion control, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 31 U.S. geotextile market estimates & forecasts, in reinforcement, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 32 U.S. geotextile market estimates & forecasts, in drainage systems, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 33 U.S. geotextile market estimates & forecasts, in lining systems, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 34 U.S. geotextile market estimates & forecasts, in asphalt overlays, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 35 U.S. geotextile market estimates & forecasts, in separation & stabilization, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 36 U.S. geotextile market estimates & forecasts, in slit fences, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 37 Competition Categorization
- Fig. 38 Company Market Positioning
- Fig. 39 Strategy Mapping, 2022
