Road Construction Segment to Dominate Middle East & Africa Geogrid Market during 2020-2028
According to this research study titled “Middle East & Africa Geogrid Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Type, Application, Manufacturing Method and Country,” the market is expected to reach US$ 141.37 million by 2028 from US$ 70.72 million in 2020. The market is estimated to grow at a CAGR of 9.0% from 2020 to 2028. The report provides trends prevailing in the Middle East & Africa geogrid market along with the drivers and restraints pertaining to the market growth. Increments in infrastructural activities and superior attributes associated with geogrid are the major factors driving the growth of the Middle East & Africa geogrid market. However, the challenges in product specification and regulations related to raw materials may hinder the growth of Middle East & Africa geogrid market.
In case of COVID-19, in Middle East & Africa, especially South Africa, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of geogrid manufacturing activities. Downfall in other chemical and materials manufacturing sectors has subsequently impacted the demand for geogrid during the early months of 2020. Moreover, decline in the overall reinforcement materials manufacturing activities has led to discontinuation of geogrid manufacturing projects, thereby reducing the demand for geogrid. Similar trend was witnessed in other Middle East & African countries, i.e., Turkey, Iran, UAE and Saudi Arabia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Middle East & Africa geogrid is segmented into type, application, manufacturing method and country. Based on type, the market is segmented into uniaxial geogrid, biaxial geogrid, and triaxial geogrid. In 2019, the biaxial geogrid segment held the largest share in Middle East & Africa geogrid market. Based on application, the Middle East & Africa geogrid is bifurcated into road construction, railroad stabilization, and soil reinforcement. The soil reinforcement segment is expected to be the fastest growing segment over the forecast period. Based on manufacturing method, the Middle East & Africa geogrid is broken into road extruded, knitted/woven, and bonded. In 2019, the extruded segment held the largest share in Middle East & Africa geogrid market. Furthermore, in this present scenario of COVID-19 pandemic, the Middle East & Africa geogrid market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East & African countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for geogrid.
Tensar Corporation, Solmax, Naue GmBH and Co. Kg, Sia Pietrucha Sp. Z o.o, BPM Geosynthetics, Bostd Geosynthetics Qingdao Ltd, Strata Systems, Inc. and Reed & Graham Inc. are some of the leading companies in the Middle East & Africa geogrid market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the Middle East & Africa Geogrid market as follows:
Middle East & Africa Geogrid Market - By Type - Uniaxial Geogrid
Middle East & Africa Geogrid Market - By Application - Road Construction
Middle East & Africa Geogrid Market - By Manufacturing Method - Extruded
Middle East & Africa Geogrid Market - By Country - South Africa
In case of COVID-19, in Middle East & Africa, especially South Africa, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of geogrid manufacturing activities. Downfall in other chemical and materials manufacturing sectors has subsequently impacted the demand for geogrid during the early months of 2020. Moreover, decline in the overall reinforcement materials manufacturing activities has led to discontinuation of geogrid manufacturing projects, thereby reducing the demand for geogrid. Similar trend was witnessed in other Middle East & African countries, i.e., Turkey, Iran, UAE and Saudi Arabia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Middle East & Africa geogrid is segmented into type, application, manufacturing method and country. Based on type, the market is segmented into uniaxial geogrid, biaxial geogrid, and triaxial geogrid. In 2019, the biaxial geogrid segment held the largest share in Middle East & Africa geogrid market. Based on application, the Middle East & Africa geogrid is bifurcated into road construction, railroad stabilization, and soil reinforcement. The soil reinforcement segment is expected to be the fastest growing segment over the forecast period. Based on manufacturing method, the Middle East & Africa geogrid is broken into road extruded, knitted/woven, and bonded. In 2019, the extruded segment held the largest share in Middle East & Africa geogrid market. Furthermore, in this present scenario of COVID-19 pandemic, the Middle East & Africa geogrid market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East & African countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for geogrid.
Tensar Corporation, Solmax, Naue GmBH and Co. Kg, Sia Pietrucha Sp. Z o.o, BPM Geosynthetics, Bostd Geosynthetics Qingdao Ltd, Strata Systems, Inc. and Reed & Graham Inc. are some of the leading companies in the Middle East & Africa geogrid market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the Middle East & Africa Geogrid market as follows:
Middle East & Africa Geogrid Market - By Type - Uniaxial Geogrid
- Biaxial Geogrid
- Triaxial Geogrid
Middle East & Africa Geogrid Market - By Application - Road Construction
- Railroad Stabilization
- Soil Reinforcement
Middle East & Africa Geogrid Market - By Manufacturing Method - Extruded
- Knitted/Woven
- Bonded
Middle East & Africa Geogrid Market - By Country - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Table of Contents
1. Introduction
3. Research Methodology
4. Middle East & Africa Geogrid Market Landscape
5. Middle East & Africa Geogrid Market - Key Market Dynamics
6. Geogrid - Middle East & Africa Market Analysis
7. Middle East & Africa Geogrid Market Analysis - By Type
8. Middle East & Africa Geogrid Market Analysis - By Application
9. Middle East & Africa Geogrid Market Analysis - By Manufacturing Method
10. Middle East & Africa Geogrid Market Analysis - Country Analysis
11. Impact of COVID-19 Pandemic on Middle East & Africa Geogrid Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tensar Corporation
- Solmax
- Naue GmBH and Co. Kg
- Sia Pietrucha Sp. Z o.o
- BPM Geosynthetics
- Bostd Geosynthetics Qingdao Ltd.
- Strata Systems, Inc.
- Reed & Graham Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 103 |
| Published | June 2021 |
| Forecast Period | 2020 - 2028 |
| Estimated Market Value ( USD | $ 70.72 Million |
| Forecasted Market Value ( USD | $ 141.37 Million |
| Compound Annual Growth Rate | 9.0% |
| Regions Covered | Africa, Middle East |
