Geotextiles Market Trends

  • Report ID: 3599
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Geotextiles Market Trends

Growth Drivers

  • Growing Adoption of Eco-friendly Construction Practices
  • Government Initiatives to Reduce Soil Erosion and Degradation
  • Rising Environmental Awareness

Challenges

  • Lack of Awareness Amongst the End-Users
  • Higher Cost of Geotextile Fabrics

Geotextiles Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.8%

Base Year Market Size (2023)

USD 7.38 billion

Forecast Year Market Size (2036)

USD 17.36 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3599
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of geotextiles is assessed at USD 7.78 billion.

Geotextiles Market size was valued at USD 7.38 billion in 2023 and is expected to exceed USD 17.36 billion by 2036, expanding at over 6.8% CAGR during the forecast period i.e., between 2024-2036. The growing environmental awareness amongst authorities, as well as, public to boost the market growth.

Asia Pacific industry is likely to dominate majority revenue share by 2036, driven by increasing highway and sidewalk construction activities in developing nations, such as, China and India.

The major players in the market are Officine Maccaferri SpA, NAUE GmbH & Co. KG, GSE Environmental, LLC, Koninklijke Ten Cate B.V., Strata Systems, Inc., Leggett & Platt, and others.
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