The global geosynthetics market revenue was US$ 14.7 billion in 2021. The global geosynthetics market revenue is forecast to reach US$ 37.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.5% during the forecast period from 2022 to 2030.

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Geosynthetics are natural or polymeric materials used with soil, rock, or any related building material. There are types of geosynthetics developed and manufactured worldwide. The most prominent types of geosynthetics, such as geotextiles, geogrids, geonets, geocells, and geomembranes. Geosynthetics have a variety of applications, including reinforcing soil walls in bridges, flyovers, roads, and highways, preventing landslides, and controlling erosion in wastewater treatment plants.

The COVID-19 pandemic had a severe impact on the global geosynthetics market. Global lockdown and restrictions had been implemented to prevent the spread of COVID-19, resulting in a decline in market demand, production, supplies, distribution, and customers. In addition, it also affected the import and export of raw materials.

The COVID-19 effect will get reduce, causing the situation to return to normal after COVID-19. As a consequence, exports and imports will both increase. As a result, the global geosynthetics market will have a slow growth during the forecast period.

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Geographically, Asia-Pacific held dominance in the global geosynthetics market. It is due to the growing infrastructural developments across the country. The Government of India’s UDAN scheme aims to build more than 100 airports by 2025, which will boost the geosynthetics industry. The favorable government policies and the increased research and development activities for the geosynthetics market have also improved production standards and decreased environmental pollution. Thus, the geosynthetics market will see further growth in the Asia Pacific region.

The leading prominent companies profiled in the global geosynthetics market are:

The global geosynthetics market segmentation focuses on Type, Application, Raw Material, End-User, and Region.

Segmentation based on Raw Material

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•This report provides comprehensive information on factors expected to influence the market growth and market share in the future. •The report offers the current state of the market and future prospects for various geographical regions. •This report provides both qualitative and quantitative information about the competitive landscape of the market.

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