What is Geotextile Fabrics Market?
Geotextiles fabrics are used in drainage, engineering and landscaping. This fabrics are used in multiple applications like coastal protection structures, road and railway and others. It is basically used for multiple functions like filtration, drainage, reinforcement, stabilisation and others. This fabrics are durable in nature. This fabrics mainly supports civil engineering applications. Thus, increasing constructional activities impacting on the demand for market in positive manner. Geographically, Asia Pacific region is expected to grow with higher growth rate over forecast period followed by North America and Europe owing to increasing expenditure of constructional activities in emerging countries like China and India.
The market study is being classified by Type (Woven, Non-woven, Polyspun and Spunbond), by Application (Roads & Airfields, Dams, Canals & Reservoirs, Coastal Engineering, Erosion Controls Constructions and Others) and major geographies with country level break-up.
BASF SE (Germany), Koninklijke Tencate NV (Netherland), Covestro (Germany), Solvay SA (Belgium), Thrace Plastics CO SA (Greece), DowDuPont (United States), AGRU Oberflächentechnik GmbH (Austria), LG Chem (South Korea), SABIC (Saudi Arabia), Evonik Industries (Germany), Low & Bonar (United Kingdom), Mitsubishi Geotextile (Japan) and HUESKER Synthetic GmbH (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Officine Maccaferri S.p.A. (Italy), GSE Environmental (United States), Enviro-Pro-US, LLC (United States) and Tessilbrenta Srl (Italy).
The market of Geotextile Fabrics is expected to grow with rising demand marine and erosion control constructions. Several companies are operating in the market to provide Geotextile Fabrics with features. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Research Analyst at AMA predicts that Europe Manufacturers will contribute to the maximum growth of Global Geotextile Fabrics market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Geotextile Fabrics market by Type, Application and Region.
On the basis of geography, the market of Geotextile Fabrics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Expenditure of Construction Industry across the Globe
- Increasing Preference for Geotextile Fabrics for Coastal Areas Constructions
- Rising Need for Decreasing Soil Erosion
- Huge Demand for Non-woven Geotextile Fabrics over Others
- Less Suitable for High Traffic Areas
- Fluctuation in Raw Material Availability
- Wide Adoption of Geotextile Fabrics for Preventing Soil Erosion has created Multiple Growth Opportunities for the market
- Augmenting Demand for Geotextile Fabrics for Naval Constructions
- Plastics Sheeting is easily Bang-Up
- Limited Preference for Mats at Excessively Stony Areas
Market Leaders and some development strategies
In January 2017, Hanes Geo Components has acquired Terrafix Geosynthetics Inc located at Canada. Terrafix is a leading distributor of geosynthetic products in Canada. With this acquisition, company is able to strategies its distributional network in North America region for erosion controlling products.
Key Target AudienceGeotextile Fabrics Manufacturers, Geotextile Fabrics Suppliers/Distributor, Raw Material Providers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Geotextile Fabrics Market?
"Growing Expenditure of Construction Industry across the Globe
" is seen as one of major growth factors of Geotextile Fabrics Market in years to come.
2. Can we have customized study for Geotextile Fabrics Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Geotextile Fabrics Market?
Europe will lead Geotextile Fabrics Market in coming years.