Geotextile Fabrics Market
Geotextile Fabrics Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028
Geotextile Fabrics Market Segmented By product type such as Woven Geotextiles, Nonwoven Geotextiles, Knitted Geotextiles, also by material type that is Polyethylene (HDPE, LDPE, etc.), Polypropylene, Polyester, Natural Fibre and by its application that is Separation, Drainage and Filtration, Soil Reinforcement, Containment.
Introduced in 1958, Geotextile fabrics are one of the most commonly utilized synthetic fibers nowadays and are engineered to provide the cost effective solution to meet the specific requirements. Geotextile fabrics are planar in texture, and permeable in nature which are mainly used in the drains, construction of roads, land reclamation and various other civil engineering applications.
Woven geotextile fabrics are primarily designed for the applications where stability, higher strength and performance is necessary. These high strength fabrics are produced form virgin fibre polypropylene, which gives the better mechanical properties for heavy construction projects. It is one of the most commonly utilized geotextile for ground stabilization, road stabilization and aggregate separation.
Geotextile fabrics are manufactured with the help of synthetic materials. Generally, there are three types of geotextile fabrics are commercially available in the market which include woven, non-woven and knitted. All types of geotextile fabrics are primarily made from the polyester, polypropylene, polyethylene and natural fibres. Further, based on the weightage various types of geotextile fabrics are available which include medium weight, light weight and heavy weight.
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Global Geotextile Fabrics Market: Segmentation
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Global Geotextile Fabrics Market: Dynamics
Growing urbanization in subcontinents of Africa & Asia is one of the prime factor influencing the residential and civil construction in the regions. Urbanization in various African countries like Uganda, Kenya, Tanzania, and Rwanda has grown nearly 5% per annum, however in India and China has increased at an average of 2-3% during the last 5 years.
Demand for the geotextile fabrics is primarily driven by the increasing infrastructure spending in the respective countries and the penetration of technologies in the region. Rising expenditure on infrastructure development and its maintenance is expected to thrive the growth of the global geotextile fabrics market.
One of the key trend identified in the global geotextile fabrics market include that the manufacturers are establishing direct contacts with installers and civil contractors avoiding intermediate channels and increasing their profit margins.
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Global Geotextile Fabrics Market: Regional Outlook
Considering regions, the global geotextile fabrics market is expected to be dominate by Asia-Pacific region and is further anticipated to grow at significant rate over the forecast period due to the high construction growth in the India and China.
Construction growth in the region is mainly propelled by major construction projects in India, China, ASEAN Countries and Australia. Asia-Pacific is anticipated to be followed by North America and Western Europe in the global geotextile fabrics market. Latin America and MEA are anticipated to grow at moderate CAGR over the forecast period.
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Global Geotextile Fabrics Market: Market Participants
Examples of some of the market participants involved in the global Geotextile Fabrics market include Koninklijke Tencate NV, Officine Maccaferri S.p.A., Thrace Group, WINFAB, Carthage Mills, Inc., Tessilbrenta, GSE Environmental, Low & Bonar, County Materials Corporation, GEI Works, AGRU Oberflächentechnik GmbH, HUESKER Synthetic GmbH, SRW Products, Enviro-Pro-US, LLC, and others.
The global geotextile fabrics market is found to be one of the most fragmented in nature, due to the presence of large number of global as well as region players in the manufacturing.
Prominent players involved in the global geotextile fabrics market are found to be involved in the production capacity expansion activities to develop their market presence in the countries witnessing high infrastructure growth.
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