Geotextiles Market Analysis, Size, Growth, Trends And Segment Forecasts, 2012 To 2020: Hexa Research

Geotextiles Market Analysis, Size, Growth, Trends And Segment Forecasts, 2012 To 2020: Hexa Research

Industry Insights
Geotextiles is a sub-segment of geosynthetics and is majorly used in soil & foundation reinforcement to avoid/control water & wind erosion. Superior properties including filtration, separation, protection, reinforcement and drainage are one of the key factors driving geotextiles market growth. Multiple functionality; flexible thickness & permeability and cost effectiveness in terms of fabric and labor are other factors augmenting geotextiles market growth. Rapid infrastructure development in BRICS is expected to act as a driver for the geotextiles market. Government initiatives in these countries promoting use in infrastructure is expected to further promote market growth. However, absence of regulations for road construction result in low quality materials used mostly due to lack of awareness regarding geotextiles and their advantages is expected to negatively impact market growth. Minimum Average Roll Value (MARV) and California Bearing Ratio (CBR) implementation for soil mechanical strength evaluation for road construction are potential opportunities for market participants over the forecast period.

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Product Insights
Nonwoven geotextiles were the largest product segment, exceeding 60% of global market volume in 2013 owing to use in road construction, erosion control and drainage for easing water flow. Innovation in nonwoven geotextiles usage in drainage sub-systems and long life span of dumps is expected to further augment market growth. Woven geotextiles market is expected to witness growth owing to high tensile strength and good hydro filtration features that help in effective erosion control. Good hydro filtration along with extensive use in soil reinforcement facilitating agriculture and plantation activities contribute to high demand in developed countries....

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