Geosynthetics Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
184 Page Report
Geosynthetics to Help Fight Soil Erosion, Protect Farmlands,
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Geosynthetics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The global market for geosynthetics is expected to remain as a largely fragmented one, owing to the ease with
which companies can manufacture most synthetic fibers. While a majority of the market value was taken up by
regional players in 2014, the three leading players at the time had held a collective share of 27.7%. TenCate
Geosynthetics, GSE Environmental, Inc., and Officine Maccaferri S.p.A., the leading players of 2014, hold
massive production capacities present in key locations across the world.
According to a new publication by Transparency Market Research, geogrids are expected to lead all
geosynthetic product types in terms of market attractiveness till 2023.
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The report also suggests a very high level of competition in the market, created primarily by the sheer number
of regional players that exist. The various types of geosynthetics that are in need today and the diversity in
their manufacture allow a large number of players to enter the market in order to meet the varied requirements
of each product.
The global market for geosynthetics is expected to expand at a CAGR of 9.1% within a forecast period from
2015 to 2023, with respect to its revenue. By the end of 2016, this revenue is expected to reach...