Global Market Study on Geocells: HDPE Material Segment to Witness a CAGR of 8.1% During the Assessment Period


  • Published On : Dec-2016 |
  • Pages : 155 Pages |
  • Format :

This Persistence Market Research Report examines the ‘Geocells’ market for the period 2016–2025. The primary objective of the report is to offer updates and market opportunities in the global geocells market. The installation rate of geocells for infrastructure development and construction activities is now increasing at considerable pace in developing economies across the globe.

To understand and assess the opportunities in this market the report is categorically split under three sections namely: market analysis by applications, material types and regions. The report analyses the global geocells market in terms of market value (US$ Mn) and volume (Million Square Meter)

The report starts with an overview of construction sector output across the globe. In the same section, PMR covers the geocells market performance in terms of consumption and revenue. This section also includes PMR’s analyses of key trends, drivers and restraints from supply and demand perspective. Impact analysis of key growth drivers and restraints based on the weighted average model included in the report better equips and arms the clients with crystal clear decision making insights.

The next section of the report analyses the market based on applications and presents the forecast in terms of volume and value for the next ten years.

Applications covered in the report include:

  • Earth Reinforcement
  • Load Support
  • Channel Protection
  • Slope Protection
  • Tree Root Protection

Another section of the report analyses the market based on material type and presents the forecast in terms of volume and value for the next ten years.

Material types covered in the report include:

  • High density polyethylene (HDPE)
  • Polypropylene (PP)
  • Polyester
  • Other polymeric alloys

The next section of the report analyses the market based on regions and presents the forecast in terms of volume and value for the next ten years.

Regions covered in the report include:

  • Asia Pacific
  • North America
  • Western Europe
  • Latin America
  • Eastern Europe
  • Japan
  • Middle East & Africa

In the final section of the report, geocells market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the value chain, presence in geocells product portfolio and key differentiators. Few of the market players featured in the section include: Presto Geosystems, Polymer Group Inc., TMP Geosynthetics, Armtec Infrastructure Inc., Strata Systems Inc., PRS Mediterranean Ltd., Maccaferri S.p.A, ACE Geosynthetics, MiakomGroup of Companies, Wall Tag Pte Ltd., Tensar International Ltd., Tencate Geosynthetics, Admir Technologies, Polyfabrics Australia Pty Ltd., Bonar, ABG Geosynthetics, Huifeng Geosynthetics, SABK International, Wrekin Products, Ltd., CeTeau Group.

Research methodology

To calculate the market size, the report considers average price of geocells per square meter across geographies. Furthermore, data points such as regional split and market split by applications, material type and qualitative inputs from primary respondents have been incorporated to arrive at apt market estimates. The forecast presented here assesses the total revenue as well as volume of geocells system. When developing the forecast of the market, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of market, we triangulated the outcome based on different analysis based on supply side, demand side and dynamics of geosynthetics (parent) market. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the geocells market.

As previously highlighted, the market for geocells is split into various sub categories based on region, material type and applications. All these sub segments or categories have been analysed in terms of basis point share (BPS) to understand individual segments relative contribution to growth. This detailed level of information is important for identification of many key trends in geocells market.

Also, another key feature of this report is the analysis of geocells market by regions, material type and applications and its revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global geocells market.

Furthermore, to understand key growth segments in terms of growth & performance of geocells, PMR has developed a market attractiveness index. The resulting index should help providers identify real market opportunities.

Geocells are also known as cellular confinement systems. They are three dimensional mats that resemble a honey comb structure and is made of high density polyethylene, polypropylene, polyester or other polymeric alloys. Geocells are mainly used in the construction sector in the areas related to earth reinforcement, slope protection, channel protection, load support and tree root protection. The primary market of Geocells is the geosynthetics market and they are estimated to represent around 5.6% share in terms of volume consumption in the overall geosynthetics market.

The global geocells market is projected to exhibit a CAGR of 8.8% and reach US$ 2.3 billion by the year 2025. Consumption of geocells is projected to touch 428.2 million square meter by the year 2025, reflecting a CAGR of 5.5% during the forecast period of 2016-2025.

Market dynamics

Growing infrastructure development, a dynamic construction sector and increasing urbanization are some of the macro-economic drivers of the geocells market. Some of the developed countries have enacted regulations concerning erosion control and sustainable infrastructure development. Due to such regulations and initiatives are fuelling the growth of the geocells market. However, there is a low awareness regarding geocells amongst infrastructure developers in emerging economies and this hinders the growth of the geocells market. In addition, there is competition from substitute products like geo-grids and geo-membranes and these also act as a restraint to the growth of the global geocells market.

Some of the key trends identified in the market include increasing utilization of geocells for water conservation projects, growing demand for polyester and polymeric alloy based geocells, development of nano-fibre based and light weight geocells and other product innovation trends.

Segment analysis

HDPE material segment is the top performing material in the global geocells market. This segment is poised to witness a CAGR of 8.1% during the assessment period. The revenue from the HDPE segment was US$ 730.8 Mn in the year 2016 and is projected to reach a value of US$ 1,481.2 Mn in the year 2025. In the year 2016, the market share of HDPE material segment was 68% and is poised to fall and reach a figure of 63.9% in the year 2025.

Polypropylene material segment is another top performing material in the global geocells market. This segment is poised to witness a CAGR of 9.6% during the assessment period. The revenue from the polypropylene segment was US$ 192.3 Mn in the year 2016 and is projected to reach a value of US$ 444.6 Mn in the year 2025. In the year 2016, the market share of polypropylene material segment was 17.9% and is poised to rise and reach a figure of 19.2% in the year 2025.

Regional Analysis

Asia Pacific is the topmost performing region in the global geocells market, with a CAGR of 10.7% during the assessment period. The revenue from the Asia Pacific region was US$ 381 Mn in the year 2016 and is projected to reach a value of US$ 934.6 Mn in the year 2025. In the year 2016, the market share of Asia Pacific region was 35.4% and is poised to rise and reach a figure of 40.3% in the year 2025.

North America is another lucrative region in the global geocells market, with a CAGR of 8% during the assessment period. The revenue from the North America region was US$ 352.9 Mn in the year 2016 and is projected to reach a value of US$ 717.4 Mn in the year 2025. In the year 2016, the market share of North America region was 32.8% and is poised to fall and reach a figure of 31% in the year 2025.

Growing awareness towards soil erosion protection, sustainable infrastructure development investments in water conservation projects, river embankment projects and strengthening irrigation infrastructure is leading to promising growth prospects in channel and slope protection application segments across the globe.

Investments in improvement of road infrastructure and improving sanitation levels especially in developing economies is leading to significant growth in earth reinforcement application across the globe.

geocells-market_Image-market-bytes

Key market players

Few of the market players featured in the section include: Presto Geosystems, Polymer Group Inc., TMP Geosynthetics, Armtec Infrastructure Inc., Strata Systems Inc., PRS Mediterranean Ltd., Maccaferri S.p.A, ACE Geosynthetics, MiakomGroup of Companies, Wall Tag Pte Ltd., Tensar International Ltd., Tencate Geosynthetics, Admir Technologies, Polyfabrics Australia Pty Ltd., Bonar, ABG Geosynthetics, Huifeng Geosynthetics, SABK International, Wrekin Products, Ltd., CeTeau Group.

Company Manufacturers Profiles

  • Presto Geosystems
  • Polymer Group Inc.
  • Strata Systems Inc.
  • Armtec Infrastructure Inc.
  • Maccaferri SPA
  • PRS Mediterranean Ltd.
  • Tensar International Ltd.
  • Others

Company Distributors Profiles

  • Tencate Geosynthetics
  • TMP Geosynthetics
  • Admir Technologies
  • CeTeau Group
  • Polyfabrics Australia Pty Ltd.
  • Cetco
  • ABG Geosynthetics
  • Huifeng Geosynthetics
  • SABK International
  • Wrekin Products Ltd.
  • Ace Geosynthetics
  • Wall Tag Pte Ltd.
  • Miakom Group of Companies
  • Others
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