The global geotextiles market size was estimated at USD 4.6 billion in 2019 and is expected to record a 11% CAGR over the forecast period. Increasing use of geotextiles in a wide range of construction applications such as roads, landfills, drainage structures and ports to improve soil stabilization is expected to drive the market growth over the forecast period.
Growing environmental concerns about soil erosion are expected to increase the life and cost effectiveness of geotextiles, increasing the demand for geotextiles. The regulatory agency’s public relations policies and initiatives have helped to raise awareness of the benefits of geotextiles, and as a result have a positive impact on the market growth.
A full report of Geotextiles Market available at https://www.orionmarketreports.com/geotextiles-market/30590/
Some of the key market participants in global geotextiles market are Royal Ten Cate (TenCate), Geosynthetic Lining Systems (GSE) Environmental, NAUE Gmbh & Co. KG, Propex Global, Fibertex Nonwovers, Fiberweb PLC and Global Synthetics.
Geotextiles Market: Segmentation
By Product
• Non-woven
• Woven
• Others
By Material
• Polypropylene
• Polyester
• Polyethylene
• Others
By Application
• Road construction
• Erosion prevention
• Drainage
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
