PUBLISHER: IMARC | PRODUCT CODE: 1379117
PUBLISHER: IMARC | PRODUCT CODE: 1379117
Geogrid Market Report by Type (Uniaxial Geogrid, Biaxial Geogrid, Triaxial Geogrid), Application (Road Industry, Railroad Stabilization, Soil Reinforcement, and Others), and Region 2023-2028
Abstract
The global geogrid market size reached US$ 1,116 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,820 Million by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2022-2028.
Geogrids are planar polymeric structures manufactured using polyethylene (PET), high-density polyethylene (HDPE), polypropylene (PP), aramid (AR), and polyvinyl alcohol (PVA). They comprise regular open networks of integrally connected tensile elements, which are usually linked by extrusion, bonding, and interlacing processes. As a result, they are utilized in different construction projects to provide filtration, stabilization, and reinforcement functions. These construction projects generally include haul roads, airport runways, parking lots, retaining walls, landfill liner systems, permanent unpaved roads, embankments over soft soils, and extra steep earthwork slopes.
Geogrid Market Trends:
Construction sites generally have unfavorable conditions, such as weak and wet soils, wherein building structures require the adoption of an unconventional approach. This approach involves excavating the soil material and making a thick layer of aggregate using harmful chemicals. This, in confluence with the flourishing construction industry on account of the rising global population and improving existing infrastructure, represents one of the major factors catalyzing the demand for geogrids across the globe. Geogrids act as a simple, cost-effective solution for high resistance against soil microorganisms, chemicals, ultraviolet (UV) radiation, installation and mechanical damage, and long-term biological degradation. Moreover, due to rising environmental concerns, governing agencies of several countries, in collaboration with non-governmental organizations (NGOs), are introducing awareness campaigns to prevent soil erosion. This is positively influencing the sales of geogrids to improve performance, structural integrity, and the foundation of railroad beds. Apart from this, geogrids are environmental-friendly and they reduce the depth of excavation, require less maintenance, and help enhance safety, seismic durability, soil strength, and life of paved roads. Consequently, geogrids are gaining traction around the world as an alternative to lime stabilization for heavy clays that contain sulfates.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global geogrid market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.
Breakup by Type:
Uniaxial Geogrid
Biaxial Geogrid
Triaxial Geogrid
Breakup by Application:
Road Industry
Railroad Stabilization
Soil Reinforcement
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACE Geosynthetics Enterprise Co. Ltd., Carthage Mills Inc., HUESKER Synthetic GmbH, Koninklijke Ten Cate B.V., NAUE GmbH & Co. KG, Propex Operating Company LLC, S i A Pietrucha Sp. z o.o., Taian Modern Plastics Co. Ltd, Tensar International Corporation, Thrace Group and Wrekin Products Ltd.
Key Questions Answered in This Report
- 1. How big is the global geogrid market?
- 2. What is the expected growth rate of the global geogrid market during 2023-2028?
- 3. What are the key factors driving the global geogrid market?
- 4. What has been the impact of COVID-19 on the global geogrid market?
- 5. What is the breakup of the global geogrid market based on the type?
- 6. What is the breakup of the global geogrid market based on the application?
- 7. What are the key regions in the global geogrid market?
- 8. Who are the key players/companies in the global geogrid market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Geogrid Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Uniaxial Geogrid
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Biaxial Geogrid
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Triaxial Geogrid
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Road Industry
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Railroad Stabilization
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Soil Reinforcement
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 ACE Geosynthetics Enterprise Co. Ltd.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Carthage Mills Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 HUESKER Synthetic GmbH
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Koninklijke Ten Cate B.V.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 SWOT Analysis
- 13.3.5 NAUE GmbH & Co. KG
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Propex Operating Company LLC
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 S i A Pietrucha Sp. z o.o.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Taian Modern Plastics Co. Ltd
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Tensar International Corporation
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.10 Thrace Group
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Wrekin Products Ltd
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.1 ACE Geosynthetics Enterprise Co. Ltd.
List of Figures
- Figure 1: Global: Geogrid Market: Major Drivers and Challenges
- Figure 2: Global: Geogrid Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Geogrid Market: Breakup by Type (in %), 2022
- Figure 5: Global: Geogrid Market: Breakup by Application (in %), 2022
- Figure 6: Global: Geogrid Market: Breakup by Region (in %), 2022
- Figure 7: Global: Geogrid (Uniaxial Geogrid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Geogrid (Uniaxial Geogrid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Geogrid (Biaxial Geogrid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Geogrid (Biaxial Geogrid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Geogrid (Triaxial Geogrid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Geogrid (Triaxial Geogrid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Geogrid (Road Industry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Geogrid (Road Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Geogrid (Railroad Stabilization) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Geogrid (Railroad Stabilization) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Geogrid (Soil Reinforcement) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Geogrid (Soil Reinforcement) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Geogrid (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Geogrid (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: North America: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: North America: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: United States: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: United States: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Canada: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Canada: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Asia-Pacific: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Asia-Pacific: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: China: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: China: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Japan: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Japan: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: India: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: India: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: South Korea: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: South Korea: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Australia: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Australia: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Indonesia: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Indonesia: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Others: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Others: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Europe: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Europe: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Germany: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Germany: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: France: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: France: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United Kingdom: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United Kingdom: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Italy: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Italy: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Spain: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Spain: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Russia: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Russia: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Latin America: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Latin America: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Brazil: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Brazil: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Mexico: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Mexico: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Middle East and Africa: Geogrid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Middle East and Africa: Geogrid Market: Breakup by Country (in %), 2022
- Figure 69: Middle East and Africa: Geogrid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Global: Geogrid Industry: SWOT Analysis
- Figure 71: Global: Geogrid Industry: Value Chain Analysis
- Figure 72: Global: Geogrid Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Geogrid Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Geogrid Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Geogrid Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Geogrid Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Geogrid Market: Competitive Structure
- Table 6: Global: Geogrid Market: Key Players
