Moreover, the rise of smart cities and intelligent transportation systems (ITS) is driving the adoption of advanced pavement reinforcement technologies in Europe. Smart city initiatives aim to leverage technology to improve urban infrastructure's efficiency, safety, and sustainability. Pavement reinforcement solutions integrated with sensors, data analytics, and communication technologies enable real-time monitoring of road conditions, traffic flow, and pavement performance. By providing valuable insights into pavement health and maintenance needs, these smart reinforcement technologies help optimize infrastructure management, reduce maintenance costs, and enhance overall transportation efficiency.
The shift towards alternative modes of transportation, such as cycling and electric vehicles (EVs), is driving the need for specialized pavement reinforcement solutions in Europe. With a growing emphasis on sustainable mobility and reducing greenhouse gas emissions, many European cities are investing in infrastructure to support cycling lanes, EV charging stations, and other alternative transportation options. Pavement reinforcement technologies tailored to these specific needs, such as durable and non-slip surfaces for cycling paths or reinforced pavement sections for EV charging stations, are in high demand.
Europe Pavement Reinforcement Materials Market Report Highlights
- Based on product, the carbon fiber segment held the largest revenue share of 47.0% in 2023. The growing demand for high-performance pavements in transportation infrastructure projects fuels the adoption of carbon fiber reinforcement.
 - The glass fiber segment is expected to grow at a significant CAGR during the forecast period. The rising focus on sustainable and eco-friendly construction practices is prompting the adoption of innovative pavement reinforcement materials that offer environmental benefits, contributing to market growth.
 - In 2022, Bonar Geosynthetics, a European manufacturer of geosynthetics, acquired Geotexan S.A., a company specializing in producing and distributing geosynthetics and fibers. This acquisition enables Bonar Geosynthetics to expand its geographical presence across Europe.
 
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
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This report addresses:
- Market intelligence to enable effective decision-making
 - Market estimates and forecasts from 2018 to 2030
 - Growth opportunities and trend analyses
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 - Competition strategy and market share analysis
 - Product innovation listing for you to stay ahead of the curve
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Table of Contents
Companies Mentioned
- ACO Eurobar
 - Bonar Geosynthetics
 - Concrete Canvas Ltd
 - EUROVIA
 - Huesker
 - MACCAFERRI ENVIRONMENTAL SOLUTIONS PVT. LTD.
 - Naue GmbH & Co. KG
 - TENAX SPA
 - Tensar
 - Terram
 
Table Information
| Report Attribute | Details | 
|---|---|
| No. of Pages | 90 | 
| Published | June 2024 | 
| Forecast Period | 2023 - 2030 | 
|  Estimated Market Value  ( USD  | $ 549.3 Million | 
|  Forecasted Market Value  ( USD  | $ 938.5 Million | 
| Compound Annual Growth Rate | 8.3% | 
| Regions Covered | Europe | 
| No. of Companies Mentioned | 10 | 


