The global geosynthetics market is projected to reach USD 13.2 billion by 2026 from USD 9.9 billion in 2021, at a CAGR of 6.0% between 2021 and 2026 during the forecast period. This growth is attributed to rise in demand in investments on infrastructural developments, and rising concerns over waste and water management globally. Geosynthetics have excellent properties such as high tensile strength, drapability, porosity, and flexibility which allows them to be used in a variety of applications ranging from infrastructure development to environmental protection.
Geotextile accounted for the largest share amongst other materials in the geosynthetics market
Geotextiles is the dominant type of geosynthetics globally in 2020. They are permeable, durable, and engineered fabrics made from synthetic fibers. Geotextiles are used in geotechnical engineering applications such as heavy construction, buildings, pavement construction, hydrogeology, and environmental engineering. Geotextiles have an increasing demand as they are replacing conventional materials and providing environment-friendly solutions. They are also used for drainage and erosion control, pavement and repairs, soil reinforcements & stabilization, embankments, asphalt overlays, and others.
Waste management accounted for the largest market share amongst other applications in the geosynthetics market
Waste management is one of the major applications of geosynthetics accounts for the largest share of the market in 2020. It includes the proper collection, transport, treatment, recycling, and disposal of residential, industrial, and commercial waste. Geosynthetics are essential for controlling the leakage of contaminated gas and liquid into groundwater, rivers, aquifers, and other. Some amount of wastes are recycled, but the majority are dumped in landfills. Geosynthetics are durable, chemical resistant, corrosion resistant, and are high strength. Due to an increase in population, urbanization, and industrialization, the need for waste management activities is expected to increase during the forecast period.
APAC is the largest and fastest-growing amongst other regions in the geosynthetics market
APAC dominates the geosynthetics market in 2020. The region is growing at a faster rate which accounts for the high growth of the geosynthetics market. The emerging market of India, China, and other countries of the APAC are growing and boosting the regional market growth. 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 system are the major factors driving the geosynthetics demand in the region.
Extensive primary interviews were conducted in the process of determining and verifying sizes of several segments and subsegments of the geosynthetics market gathered through secondary research.
The breakdown of primary interviews has been given below.
- By Company Type: Tier 1 - 25%, Tier 2 - 50%, and Tier 3 - 25%
- By Designation: C Level Executives - 20%, Director Level - 30%, Others - 50%
- By Region: North America - 20%, APAC - 25%, Europe - 30%, Middle East & Africa - 10%, South America-15%.
The key players in this market are SOLMAX (Canada), NAUE GmbH & Co. KG (Germany), Officine Maccaferri S.p.A ( Italy), Berry Global, Inc ( US), and AGRU America, Inc ( US). The geosynthetics market report analyzes the key growth strategies, such as new product launches, expansions, joint ventures, agreements, partnerships, and mergers & acquisitions to strengthen their market positions.
Research Coverage
This report covers the geosynthetics market and forecasts its market size until 2026. The market has been segmented based on type, application, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the geosynthetics market, along with opportunities and challenges across these industries. It also includes profiles for top manufacturers in the market.
Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
- This report segments the geosynthetics market and provides the closest approximations of overall market size for its segments across different verticals and regions.
- This report is expected to help stakeholders understand the pulse of the market and provide information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.
- This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as new product launch, acquisition, and expansion.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Share Estimation
2.2.1 Key Data Points Taken from Secondary Sources
2.2.2 Key Data Points from Primary Sources
2.2.3 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunity for Geosynthetics
4.2 Life Cycle Analysis, by Geography
5 Market Overview
5.1 Introduction
5.2 Segmentation
5.2.1 Geosynthetics Market by Product Type
5.2.2 Geosynthetics Market by Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Government Policies Boosting Infrastructure Growth Across the Globe
5.3.1.2 Evolving Environmental Protection Regulations and Standards to Boost Future Growth of Geosynthetics
5.3.1.3 Cost Effectiveness
5.3.2 Restrains
5.3.2.1 Volatile Raw Material Prices
5.3.2.2 Lack of Quality Control Across Developing Countries
5.3.3 Opportunities
5.3.3.1 Developing Countries Will Boost the Future Growth
5.3.3.2 Rising Regulatory Standard Fueling Growth
5.3.3.3 Opportunities Associated with Oil & Gas and Mining Industries
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter's Five Forces Analysis
6.3.1 Threat from New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Supplier
6.3.5 Degree of Competition
6.4 Raw Material Analysis
6.5 Market Life Cycle Analysis
7 Market, by Type
7.1 Introduction
7.2 Geotextiles Market
7.3 Geomembranes Market
7.4 Geogrids Market
7.5 Geofoam Market
7.6 Geonets Market
7.7 Others Market
8 Geographic Analysis
8.1 Introduction
8.2 Geotextile Market
8.2.1 Geotextile Market, by Region
8.2.1.1 Market Size in Terms of Value, by Region
8.2.1.2 Market Size, by Region
8.2.2 North America
8.2.2.1 Market Size in Terms of Value, by Country
8.2.2.2 Market Size, by Country
8.2.3 Asia-Pacific
8.2.3.1 Market Size in Terms of Value, by Country
8.2.3.2 Market Size, by Country
8.2.4 Europe
8.2.4.1 Market Size in Terms of Value, by Country
8.2.4.2 Market Size, by Country
8.3 Geomembranes Market
8.3.1 Geomembranes Market, by Region
8.3.1.1 Market Size in Terms of Value, by Region
8.3.1.2 Market Size, by Region
8.3.2 North America
8.3.2.1 Market Size in Terms of Value, by Country
8.3.2.2 Market Size, by Country
8.3.3 Asia-Pacific
8.3.3.1 Market Size in Terms of Value, by Country
8.3.3.2 Market Size, by Country
8.3.4 Europe
8.3.4.1 Market Size in Terms of Value, by Country
8.3.4.2 Market Size, by Country
8.4 Geogrids Market
8.4.1 Geogrids Market, by Region
8.4.1.1 Market Size in Terms of Value, by Region
8.4.1.2 Market Size, by Region
8.4.2 North America
8.4.2.1 Market Size in Terms of Value, by Country
8.4.2.2 Market Size, by Country
8.4.3 Asia-Pacific
8.4.3.1 Market Size in Terms of Value, by Country
8.4.3.2 Market Size, by Country
8.4.4 Europe
8.4.4.1 Market Size in Terms of Value, by Country
8.4.4.2 Market Size, by Country
8.5 Geofoams Market
8.5.1 Geofoams Market, by Region
8.5.1.1 Market Size in Terms of Value, by Region
8.5.1.2 Market Size, by Region
8.5.2 North America
8.5.2.1 Market Size in Terms of Value, by Country
8.5.2.2 Market Size, by Country
8.5.3 Asia-Pacific
8.5.3.1 Market Size in Terms of Value, by Country
8.5.3.2 Market Size, by Country
8.5.4 Europe
8.5.4.1 Market Size in Terms of Value, by Country
8.5.4.2 Market Size, by Country
8.6 Geonets Market
8.6.1 Geonets Market, by Region
8.6.1.1 Market Size in Terms of Value, by Region
8.6.1.2 Market Size, by Region
8.6.2 North America
8.6.2.1 Market Size in Terms of Value, by Country
8.6.2.2 Market Size, by Country
8.6.3 Asia-Pacific
8.6.3.1 Market Size in Terms of Value, by Country
8.6.3.2 Market Size, by Country
8.6.4 Europe
8.6.4.1 Market Size in Terms of Value, by Country
8.6.4.2 Market Size, by Country
8.7 Others Market
8.7.1 Others Market, by Region
8.7.1.1 Market Size in Terms of Value, by Region
8.7.1.2 Market Size, by Region
8.8 Global Locations of Key Market Players
9 Competitive Landscape
9.1 Overview
9.1.1 Market Share Analysis for Geosynthetics Market
9.1.2 Competitive Situation & Trends
9.2 Agreement, Collaboration and Partnerships
9.3 Mergers and Acqusitions
9.4 Expanions & Investments
9.5 New Product Launches
10 Company Profiles
10.1 Introduction
10.2 Ace Geosynthetics
10.2.1 Business Overview
10.2.2 Products & Services
10.2.3 Key Strategy
10.3 Ach Foam Technologies
10.3.1 Business Overview
10.3.2 Products & Services
10.3.3 Key Strategy
10.3.4 Recent Developments
10.4 Agru America Inc.
10.4.1 Business Overview
10.4.2 Products & Services
10.4.3 Key Strategy
10.4.4 Recent Developments
10.5 Asahi Geotechnologies Co. Ltd.
10.5.1 Business Overview
10.5.2 Products & Services
10.5.3 Key Strategy
10.6 Belton Industries Inc.
10.6.1 Business Overview
10.6.2 Products & Services
10.6.3 Key Strategy
10.7 Carthage Mills
10.7.1 Business Overview
10.7.2 Products & Services
10.7.3 Key Strategy
10.8 Cetco Lining Technologies
10.8.1 Business Overview
10.8.2 Products & Services
10.8.3 Key Strategy
10.8.4 Recent Developments
10.9 Contech Engineered Solutions LLC
10.9.1 Business Overview
10.9.2 Products & Services
10.9.3 Key Strategy
10.10 Gundle/Slt Environmental Inc. (Gse)
10.10.1 Business Overview
10.10.2 Products & Services
10.10.3 Key Strategy
10.10.4 Recent Developments
10.10.5 SWOT Analysis
10.10.6 Analyst's View
10.11 Hanes Geo Components
10.11.1 Business Overview
10.11.2 Products & Services
10.11.3 Key Strategy
10.11.4 Recent Developments
10.12 Huesker Synthetic GmbH
10.12.1 Business Overview
10.12.2 Products & Services
10.12.3 Key Strategy
10.12.4 Recent Developments
10.13 Kaytech Engineered Products
10.13.1 Business Overview
10.13.2 Products & Services
10.13.3 Key Strategy
10.13.4 Recent Developments
10.14 Low & Bonar plc
10.14.1 Business Overview
10.14.2 Products & Services
10.14.3 Key Strategy
10.14.4 Recent Developments
10.14.5 SWOT Analysis
10.14.6 Analyst's View
10.15 Naue GmbH & Co. Kg
10.15.1 Business Overview
10.15.2 Products & Services
10.15.3 Key Strategy
10.15.4 SWOT Analysis
10.15.5 Analyst's View
10.16 Officine Maccaferri
10.16.1 Business Overview
10.16.2 Products & Services
10.16.3 Key Strategy
10.16.4 Recent Developments
10.17 Propex
10.17.1 Business Overview
10.17.2 Products & Services
10.17.3 Key Strategy
10.17.4 Recent Developments
10.18 Royal Tencate Nv
10.18.1 Business Overview
10.18.2 Products & Services
10.18.3 Key Strategy
10.18.4 Recent Developments
10.18.5 SWOT Analysis
10.18.6 Analyst's View
10.19 Strata Systems Inc.
10.19.1 Business Overview
10.19.2 Products & Services
10.19.3 Key Strategy
10.19.4 Recent Developments
10.20 Tenax Group
10.20.1 Business Overview
10.20.2 Products & Services
10.20.3 Key Strategy
10.20.4 Recent Developments
10.21 Tensar Corporation
10.21.1 Business Overview
10.21.2 Products & Services
10.21.3 Key Strategy
10.21.4 Recent Developments
List of Tables
Table 1 Geosyntheticss: Impact of Major Drivers, 2014-2019
Table 2 Geosynthetics: Impact of Major Restraints, 2014-2019
Table 3 Geosynthetics: Impact of Major Opportunities, 2013-2018
Table 4 Geosythetics : Types and Their Raw Materials
Table 5 Properties of Polymers
Table 6 Global Geosynthetics Market Size, by Type, 2012-2019 ($Million)
Table 7 Global Geosynthetics Market Size, by Type, 2012-2019 (Million Meter Square)
Table 8 Geosynthetics Market Application Trend, by Type
Table 9 Geosynthetics: Classification of Properties
Table 10 Geotextiles Market Size, by Applications, 2012-2019 ($Million)
Table 11 Geotextiles Market Size, by Applications, 2012-2019 (Million Meter Square)
Table 12 Geomembranes Market Size, by Applications, 2012-2019 ($Million)
Table 13 Geomembranes Market Size, by Applications, 2012-2019 (Million Meter Square)
Table 14 Geogrids Market Size, by Applications, 2012-2019 ($Million)
Table 15 Geogrids Market Size, by Applications, 2012-2019 (Million Meter Square)
Table 16 Geofoam Market Size, by Applications, 2012-2019 ($Million)
Table 17 Geofoam Market Size, by Applications, 2012-2019 (Million Meter Cube)
Table 18 Geonets Market Size, by Applications, 2012-2019 ($Million)
Table 19 Geonets Market Size, by Applications, 2012-2019 (Million Meter Square)
Table 20 Others Market Size, by Applications, 2012-2019 ($Million)
Table 21 Others Market Size, by Applications, 2012-2019 (Million Meter Square)
Table 22 Geosynthetics: European Standards for Applications
Table 23 Geosynthetics Market Size , by Region , 2012-2019 ($Million)
Table 24 Geosynthetics Market Size , by Region , 2012-2019 (Million Meter Square)
Table 25 Geotextiles Market Size , by Region , 2012-2019 ($Million)
Table 26 Geotextiles Market Size, by Region, 2012-2019 (Million Meter Square)
Table 27 North America: Geotextiles Market Size, by Country, 2012-2019 ($Million)
Table 28 North America: Geotextiles Market Size, by Country, 2012-2019, (Million Meter Square)
Table 29 Asia-Pacific: Geotextiles Market Size, by Country, 2012-2019 ($Million)
Table 30 Asia-Pacific: Geotextiles Market, by Country, 2012-2019 (Million Meters Square)
Table 31 Europe: Geotextile Market, by Country, 2012-2019 ($Million)
Table 32 Europe: Geotextiles Market, by Country, 2012-2019 (Million Meters Square)
Table 33 Geomembranes Market Size, by Region, 2012-2019 ($Million)
Table 34 Geomembranes Market Size, by Region, 2012-2019 (Million Meter Square)
Table 35 North America: Geomembranes Market Size, by Country, 2012-2019 ($Million)
Table 36 North America: Geomembranes Market Size, by Country, 2012-2019, (Million Meter Square)
Table 37 Asia-Pacifc: Geomembranes Market Size, by Country, 2012-2019 ($Million)
Table 38 Asia-Pacifc: Geomembranes Market Size, by Country, 2012-2019 (Million Meter Square)
Table 39 Europe: Geomembranes Market Size, by Country, 2012-2019 ($Million)
Table 40 Europe: Geomembranes Market Size, by Country, 2012-2019 (Million Meter Square)
Table 41 Geogrids Market Size, by Region, 2012-2019 ($Million)
Table 42 Geogrids Market Size, by Region, 2012-2019 (Million Meter Square)
Table 43 North America: Geogrids Market Size, by Country, 2012-2019 ($Million)
Table 44 North America: Geogrids Market Size, by Country, 2012-2019, (Million Meter Square)
Table 45 Asia-Pacific: Geogrids Market Size, by Country, 2012-2019 ($Million)
Table 46 Asia-Pacifc: Geogrids Market Size, by Country, 2012-2019 (Million Meter Square)
Table 47 Europe: Geogrid Market Size, by Country, 2012-2019 ($Million)
Table 48 Europe: Geogrids Market Size, by Country, 2012-2019 (Million Meter Square)
Table 49 Geofoams Market Size, by Region, 2012-2019 ($Million)
Table 50 Geofoams Market Size, by Region, 2012-2019 (Million Meter Cube)
Table 51 North America: Geofoams Market Size, by Country, 2012-2019 ($Million)
Table 52 North America: Geofoams Market Size, by Country, 2012-2019, (Million Meter Cube)
Table 53 Asia-Pacifc: Geofoams Market Size, by Country, 2012-2019 ($Million)
Table 54 Asia-Pacifc: Geofoams Market Size, by Country, 2012-2019 (Million Meter Cube)
Table 55 Europe: Geofoams Market Size, by Country, 2012-2019 ($Million)
Table 56 Europe: Geofoams Market Size, by Country, 2012-2019 (Million Meter Cube)
Table 57 Geonets Market Size, by Region, 2012-2019 ($Million)
Table 58 Geonets Market Size, by Region, 2012-2019 (Million Meter Square)
Table 59 North America: Geonets Market Size, by Country, 2012-2019 ($Million)
Table 60 North America: Geonets Market Size, by Country, 2012-2019, (Million Meter Square)
Table 61 Asia-Pacifc: Geonets Market Size, by Country, 2012-2019 ($Million)
Table 62 Asia-Pacifc: Geonets Market Size, by Country, 2012-2019 (Million Meter Square)
Table 63 Europe: Geonets Market Size, by Country, 2012-2019 ($Million)
Table 64 Europe: Geonets Market Size, by Country, 2012-2019 (Million Meter Square)
Table 65 Others Market Size, by Region, 2012-2019 ($Million)
Table 66 Others Market Size, by Region, 2012-2019 (Million Meter Square)
Table 67 Geosynthetics: Key Market Players, by Geography
Table 68 Agreement, Collaboration, Consolidation and Partnership, 2011-2014
Table 69 Mergers and Acqusitions, 2011-2014
Table 70 Expansions and Investments 2011-2014
Table 71 New Product Launches, 2011-2014
List of Figures
Figure 1 Global Geosynthetics Market : Research Methodology
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Break Down of Primary Interviews: by Company Type, Designation, & Region
Figure 5 Geosynthetics Market Snapshot (2014-2019) : Geogrids is Projected to be the Fastest Growing Application in Next Five Years
Figure 6 Global Geosynthetics Market, by Type, 2013
Figure 7 Global Geosynthetics Market Share, 2013
Figure 8 Global Geosynthetics Market, by Value
Figure 9 Fastest Growing Product Types and Regions
Figure 10 Most of the Asia-Pacific Countries Register High-Growth Rates
Figure 11 Geogrids is the Fastest-Growing Product Type Followed by Geonets
Figure 12 North America Would Dominate the Geosynthetics Type for the Next Five Years
Figure 13 Geogrids Unravel New Revenue Pockets for Market Players
Figure 14 Row Soon to Enter Exponential Growth Phase in Coming Years
Figure 15 Market Segmentation: by Product Type
Figure 16 Geosynthetics Market by Application
Figure 17 Geosynthetics Market: Market Dynamics
Figure 18 Geosynthetics: Value Chain Analysis
Figure 19 Geosynthetics: Porter's Five Forces Analysis
Figure 20 Geosynthetics : Market Life Cycle Analysis by Region
Figure 21 Geotextiles Witness Significant Market Shares
Figure 22 Innovations in Geosynthetics Market
Figure 23 Key Elements Driving the Geosynthetics Market
Figure 24 Key Drivers of the Geosynthetics Market
Figure 25 Geographic Snapshot (2013)
Figure 26 Major Companies Adopted Product Innovation as the Key Growth Strategy Over the Last Three Years
Figure 27 Gse Environmental Grew at the Fastest Rate Between 2009-2013
Figure 28 Battle for Market Share: Partnership, Agreement, Joint Venture and Collaborations Were the Key Strategy
Figure 29 Competitive Developments, 2010-2014
Figure 30 Geographic Revenue Mix of Top Three Players
Figure 31 Ace Geosynthetics: Business Overview
Figure 32 Ach Foam Technologies: Business Overview
Figure 33 Agru America Inc.: Business Overview
Figure 34 Asahi Geotechnologies Co. Ltd.: Business Overview
Figure 35 Belton Industries Inc.: Business Overview
Figure 36 Carthage Mills: Business Overview
Figure 37 Cetco Lining Technologies: Business Overview
Figure 38 Contech Engineered Solutions LLC: Business Overview
Figure 39 Gundle/Slt Environmental Inc. (Gse): Business Overview
Figure 40 SWOT Analysis
Figure 41 Hanes Geo Components: Business Overview
Figure 42 Huesker Synthetic GmbH: Business Overview
Figure 43 Kaytech Engineered Products: Business Overview
Figure 44 Low & Bonar plc: Business Overview
Figure 45 SWOT Analysis
Figure 46 Naue GmbH & Co. Kg: Business Overview
Figure 47 SWOT Analysis
Figure 48 Officine Maccaferri: Business Overview
Figure 49 Propex: Business Overview
Figure 50 Royal Tencate: Business Overview
Figure 51 SWOT Analysis
Figure 52 Strata Systems Inc.: Business Overview
Figure 53 Tenax Group: Business Overview
Figure 54 Tensar Corporation: Business Overview
Companies Mentioned
- Ace Geosynthetics
- Ach Foam Technologies
- Agru America Inc.
- Asahi Geotechnologies Co. Ltd.
- Belton Industries Inc.
- Carthage Mills
- Cetco Lining Technologies
- Contech Engineered Solutions LLC
- Gundle/Slt Environmental Inc. (Gse)
- Hanes Geo Components
- Huesker Synthetic GmbH
- Kaytech Engineered Products
- Low & Bonar plc
- Naue GmbH & Co. Kg
- Officine Maccaferri
- Propex
- Royal Tencate Nv
- Strata Systems Inc.
- Tenax Group
- Tensar Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 225 |
| Published | August 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 9.9 Billion |
| Forecasted Market Value ( USD | $ 13.2 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
