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Geotextile Market was valued at more than USD 5 billion in 2019 and is expected to reach over USD 10 Billion by the end of 2025 at a CAGR of 10.8%.
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Geotextile Market Competitive Developmental and Business Overviews to 2025 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Geotextile Market Shares, Strategies and Forecast Worldwide, 2019 To 2025 • Geotextile Market Shares, Strategies and Forecast Worldwide, 2019 To 2025 Geotextile Market was valued at more than USD 5 billion in 2018 and is expected to reach over USD 10 Billion by the end of 2025 at a CAGR of 10.8%. Geotextiles are permeable textile materials and are among the most widely used geosynthetic materials for filtration, separation, drainage, reinforcement, and stabilization purposes. The key raw materials used include polypropylene and polyester (synthetic fibers) and natural fibers (jute, flax, sisal). Geotextiles are ideal materials in the construction of roads, landfills, harbors, dams, drainage structures, and other civil projects. Mechanical responses, high impact strength, scour and erosion protection, resistant to extreme wave action, and chemical resistance are some of the key characteristics exhibited by geotextiles, owing to which they are widely used in the aforementioned applications. The increasing demand for geotextiles in the construction of roadways and growing infrastructure developments across the globe are expected to be the primary drivers of the global market growth. www.marketresearchfuture.com
Geotextile Market Shares, Strategies and Forecast Worldwide, 2019 To 2025 • Pricing Analysis: • In 2018, the price of geotextile varied from USD 0.75 to 1.6 per square meter, which is witnessing an upward trend. In 2019, the price has slightly declined owing to the decline in price of polypropylene. These fluctuating prices of polypropylene and other polymers are expected to affect the prices of geotextiles during the forecast period. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/8344 www.marketresearchfuture.com
Geotextile Market Shares, Strategies and Forecast Worldwide, 2019 To 2025 By End-Use : • Transportation: The largest end-use segment, the expanding construction sector and increasing investments by governments in the emerging economies for infrastructure development are expected to boost the demand for geotextile road fabric and propel the growth of the segment in the years to follow. The segment accounted for the largest market share in 2018 and is expected to be the leading segment during the forecast period on account of the initiation of large-scale airport and road construction projects globally. • Environment: The growing need for construction of drainage systems and waste containment, and increasing demand for geotextile filter fabric in the erosion control sector is fueling the growth of the segment • Energy & Water Resources: The global water crisis leading to the need for efficient water storage sources such as dams and reservoirs, canals, and irrigation channels is driving the demand for geotextiles in these applications. • Building Site Infrastructure • Agriculture • Others Browse Complete Report @ https://www.marketresearchfuture.com/reports/geotextiles-market-8344 www.marketresearchfuture.com
Geotextile Market Shares, Strategies and Forecast Worldwide, 2019 To 2025 Application & Major Players in this Research: • The major participants of this market are: : • GSE Environmental (US) • TenCate Geosynthetics (US) • Officine Maccaferri Spa (Italy) • DuPont de Nemours, Inc (US) • NAUE GmbH & Co. KG (Germany) • AGRU AMERICA, INC (US) • Berry Global Inc (US) Request a Free Sample Report @https://www.marketresearchfuture.com/sample_request/8344 www.marketresearchfuture.com
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