Geotextiles Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2012 - 2018
103 Page Report
Geotextiles Market to Value USD 6.4 Billion Globally By 2018: TMR
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Geotextiles Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2012 - 2018
Geotextiles Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2012 - 2018, a global geotextiles market report published by
Transparency Market Research provides significant inputs about the global state of the
current market of geotextiles industry along with a forecast about the opportunities,
drivers and restraints in the market during the years 2012 and 2018, the forecast
period of the report.
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According to the report, the global market of geotextiles was worth nearly USD 3.2
billion in 2011. By observing growth at a CAGR of 10.3% during the forecast period,
the market could reach a market value worth nearly USD 6.4 billion by 2018. Volumewise, the geotextiles industry observed demands worth nearly 1,904.0 million square
meters in 2011. This is expected to grow to 3,398.4 million square meters by 2018, by
observing growth at a CAGR of 8.6% during the forecast period, adds the report.
Applications of geotextiles are on a constant rise in the area of construction of
roadways, dams, bridges and other infrastructure amenities, especially in the BRIC
countries. A continuous rise in the number of infrastructure development projects in
this region is expected to drive the global market of geotextiles.