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Market Research Report

Geosynthetics Market - Growth, Trends, and Forecast (2020 - 2025)

Published by Mordor Intelligence LLP Product code 568609
Published Content info 120 Pages
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Geosynthetics Market - Growth, Trends, and Forecast (2020 - 2025)
Published: January 1, 2020 Content info: 120 Pages
Description

Market Overview

The geosynthetics market is expected to grow at a CAGR of over 9% during the forecast period. Geosynthetics are engineering materials, which are designed to improve the mechanical and physical properties of soil. Geosynthetics are light, flexible, possess high tensile strength, and are extendable on the application of loads.

  • One of the major factors driving the growth of the market is the increasing demand from the infrastructure sector in Asia-Pacific, mainly in China, India, and ASEAN countries.
  • The market has an opportunity in the usage of green roof and green wall in the construction industry to control soil erosion and for the better drainage system to the remove excess rain water from the roof top.

Key Market Trends

Growing Use of Geomembranes in Various Industries

  • Geomembranes are thin, impervious sheets of polymeric material used primarily in landfill lining, canal lining, and tunnel lining applications. They are used in all types of landfills, reservoirs, canals, and any other type containment facilities where they serve as a barrier from waste containment.
  • They are largely used in geotechnical, transportation, mining, agricultural, roads & highways and various water containment applications.
  • Increasing adoption of geomembranes in waste water management applications has largely increased the consumption of geomembranes through the recent years. Mining industry constitutes to be one of the fastest growing industries for the consumption of geomembranes due to excellent chemical resistivity, UV resistivity, elevated temperature range, low permeability, and weatherability, properties of geomembranes.
  • Asia-Pacific is expected to be the fastest growing geomembranes market through the forecast period, facilitated by the booming infrastructure industry in the emerging economies of the region. Countries, such as India, China, Thailand, and Indonesia comprise of the key markets for geomembranes in Asia-Pacific.
  • Furthermore, the United States Environmental Protection Agency's (EPA) enforcement of lining coal ash sites has led to an increase in sales for the geomembranes market. With the rise in the lining of coal ash sites, lining solid waste sites also seems to be on the rise in the United States, which has further led to somewhat around 7%-10% growth per year in the geomembrane market in the United States.
  • Such positive factors are expected to drive the market through the forecast period.

Asia-Pacific Region to Lead the Market

  • China and Japan dominated the geosynthetics market in Asia-Pacific region.
  • The Chinese construction industry is populated with state-owned and private enterprises. The presence of European construction giants in China is reflecting the highly lucrative nature of the market. Investments fueled by private construction giants and government are collectively pushing the industry significantly.
  • Japan's construction sector is expected grow at a moderate pace over the next five years, owing to the increasing investments in public infrastructure, renewable energy, infrastructure, and commercial projects; in turn, improving, both, the consumer and investor confidence.
  • Such positive factors are expected to drive the market for geosynthetics in Asia-Pacific region through the forecast period.

Competitive Landscape

The global geosynthetics market is highly fragmented in nature with the presence of a large number of global and regional players in the market. Some of the major players operating in the market studied include Koninklijke Ten Cate bv, Low & Bonar PLC, Propex Operating Company LLC, GSE Environmental, and HUESKER Synthetic GmbH, amongst others.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client's requirements
  • 3 months of analyst support
Table of Contents
Product Code: 52640

Table of Contents

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand from Infrastructure in Asia-Pacific
    • 4.1.2 Growing Concerns Regarding Environmental Protection
    • 4.1.3 Increasing Usage in Mining Activity
  • 4.2 Restraints
    • 4.2.1 Technical Problems like Clogging
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION

  • 5.1 Material
    • 5.1.1 Polypropylene, Polyethylene, and Polyester
    • 5.1.2 Others
  • 5.2 Type
    • 5.2.1 Geotextile
    • 5.2.2 Geomembrane
    • 5.2.3 Geo-composite
    • 5.2.4 Geo-synthetic Liner and Others
  • 5.3 Function
    • 5.3.1 Separation
    • 5.3.2 Drainage
    • 5.3.3 Filtration
    • 5.3.4 Reinforcement
    • 5.3.5 Moisture Barrier
  • 5.4 Application
    • 5.4.1 Construction
    • 5.4.2 Transportation
    • 5.4.3 Environmental
    • 5.4.4 Other Applications
  • 5.5 Geography
    • 5.5.1 Asia-Pacific
      • 5.5.1.1 China
      • 5.5.1.2 India
      • 5.5.1.3 Japan
      • 5.5.1.4 South Korea
      • 5.5.1.5 ASEAN Countries
      • 5.5.1.6 Rest of Asia-Pacific
    • 5.5.2 North America
      • 5.5.2.1 United States
      • 5.5.2.2 Canada
      • 5.5.2.3 Mexico
    • 5.5.3 Europe
      • 5.5.3.1 Germany
      • 5.5.3.2 United Kingdom
      • 5.5.3.3 France
      • 5.5.3.4 Italy
      • 5.5.3.5 Russia
      • 5.5.3.6 Rest of Europe
    • 5.5.4 Rest of the World
      • 5.5.4.1 South America
      • 5.5.4.2 Middle East & Africa (MEA)

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 ACE Geosynthetics
    • 6.4.2 ACH Foam Technologies
    • 6.4.3 Agru America Inc.
    • 6.4.4 Avintiv Inc. (Berry Global Inc.)
    • 6.4.5 Belton Industries Inc.
    • 6.4.6 Bonar Corporation
    • 6.4.7 Carthage Mills
    • 6.4.8 CETCO (Minerals Technologies Inc.)
    • 6.4.9 Contech Engineered Solutions LLC (A Quikrete Company)
    • 6.4.10 DowDuPont
    • 6.4.11 Geo-Synthetics LLC
    • 6.4.12 GSE Environmental
    • 6.4.13 Hanes Geo Components (Leggett & Platt Inc.)
    • 6.4.14 Huesker Synthetic GmbH
    • 6.4.15 Huifeng Geosynthetics
    • 6.4.16 Jinan GTM Building Materials Co. Ltd
    • 6.4.17 Kaytech Engineered Products
    • 6.4.18 Low & Bonar PLC
    • 6.4.19 NAUE GmbH & Co. KG
    • 6.4.20 Presto Geosystems
    • 6.4.21 Propex Operating Company LLC
    • 6.4.22 Royal Ten Cate
    • 6.4.23 SKAPS Industries
    • 6.4.24 Solmax International Inc.
    • 6.4.25 Strata Systems Inc.
    • 6.4.26 Tenax Group
    • 6.4.27 Tensar Corporation
    • 6.4.28 TERRAM
    • 6.4.29 Tessilbrenta SRL
    • 6.4.30 TMP Geosynthetics

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Expected Increase in Usage Green Roof and Green Wall Construction
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