Geocomposites market is anticipated to grow at a significant CAGR of 11.8% during the forecast period (2024-2031). Geocomposites are made up of composite materials comprising at least one layer of the geosynthetic products including the geotextiles, geogrid, geonet fabric, and geomembrane. The Geocomposites materials are used to combine the best features of different materials in such a way that specific applications are addressed in an optimal manner and at minimum cost.
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The rising extreme weather events driven by climate change have amplified the utilization of geocomposites in disaster management and flood control. Government agencies and nongovernmental organizations (NGOs) worldwide recognize the importance of resilient infrastructure. This recognition has created significant opportunities for the geocomposites market to provide solutions that bolster resilience and mitigate climate-related disasters’ impacts.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Geocomposites Market by Type
- Geonet
- Geocore
- Geogrid
- Geomembrane
Global Geocomposites Market by Application
- Water & wastewater management
- Road & highway
- Landfill & mining
- Soil reinforcement for civil construction
Global Geocomposites Market by Industry Vertical
- Chemical & Petrochemical
- Oil & Gas
- Energy & Power
- Automotive
- Food & Beverages
- Healthcare
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Climax Synthetics Pvt. Ltd.
- Crafco, Inc.,
- Fibertex Nonwovens
- Hanes Geo Components
- HUESKER Group
- Koninklijke Ten Cate BV,
- Layfield Group
- Leggett & Platt, Inc.,
- Maccaferri
- NAUE GmbH & Co. KG
- Officine Maccaferri Spa,
- PropexGeoSolutions
- SKAPS Industries
- Solmax
- TenCate Geosynthetics
- Tensar International Corp.
- Thrace Group
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global geocompositesmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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