+44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT
+44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT
Infrastructural developments boost geosynthetics market. The geosynthetics market growth include the rapid infrastructure development in emerging economies, such as India and Brazil , is anticipated to fuel the market growth over the forecast period
NEWARK, Del. , Sept. 20, 2022 /PRNewswire/ -- As per Future Market Insights' latest industry analysis, the global geosynthetics market is anticipated to grow with a robust CAGR of 10.1% with a year-on-year growth of 10.16% reaching US$ 13.67 Bn in 2022 and surpassing US$ 26.89 Bn by 2029. There is a surge in the adoption of geosynthetics in a large range of applications such as separation, filtration, and reinforcement. The historical analysis of the geosynthetics market registered a CAGR of 9.0% from 2014 to 2021.
As per FMI analysis, in the first half of 2022, the BPS points in the growth outlook observed in the geosynthetics market reflect a spike of 20 units as compared to the estimated overall half. However, as compared to the first half of 2021, the market is expected to gain a spike of 70 BPS.
On the basis of regional analysis, Asia Pacific Excluding Japan (APEJ) is anticipated to continue the most lucrative geosynthetics market, garnering around 36.1% of the total market share in 2022. Growth in the market is anticipated to be fueled by expanding the construction industry, increasing government support, and the presence of leading geosynthetics market players.
Get a Sample Copy of Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-475
The global geosynthetics market is considered highly competitive in nature due to the presence of leading market players who are focused on continuously expanding and upgrading their product portfolios. In addition to that, they have also adopted several organic and inorganic growth strategies such as partnerships, collaborations, price reduction, acquisitions, and establishment of new facilities in order to gain a competitive edge in the market.
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-475
More Insights into the Geosynthetics Market
According to FMI studies, China is expected to dominate the global geosynthetics market by accounting for about 36.1% of the total market share in 2022. Surging growth in the country is fueled by the rapid expansion of end-use industries, the availability of low-cost products, the heavy presence of leading market players, and the increasing need for preventing soil erosion.
China is expected to exhibit lucrative growth opportunities as it is one of the leading producers and consumers of geosynthetics in the world. Growth in the public infrastructure sector in the country will propel sales in the market over the forecast period.
Attributing to the ongoing developments in road and railroad networks all over India , a positive outlook has been displayed for the geosynthetics market between 2022 and 2029. Increasing demand for high-performance and functional geosynthetics in road construction, along with the growing need for preventing excessive soil erosion and rising government initiatives in public infrastructure are some of the factors that are expected to drive the growth of the geosynthetics market in the country.
Click on the Below Link to Buy this Report@ https://www.futuremarketinsights.com/checkout/475
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
3.2. Forecast Factors & Relevant Impact
4. Global Geosynthetics Market Analysis 2014-2021 and Forecast 2022-2029
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Value Chain Analysis
Have a Look at Related Research Reports of Chemicals & Materials
South Asia Geosynthetics Market Size: The South Asia geosynthetics market is estimated to be valued at more than US$ 800 Mn , pegged at 544.3 Mn meter square in terms of volume, by 2017 end
Reinforcement Geosynthetics Market Sales: Reinforcement Geosynthetics Market - Global industry segment analysis, regional outlook, share, growth; Reinforcement Geosynthetics 2018 to 2028 by Future Market Insights
Automotive Fabrics Market Trends: The global automotive fabrics market size is set to witness a CAGR of 3.6% over the forecast period (2022–2032)
High Pressure Seal Market Share: The global high pressure seal market is expected to be valued at US$ 4,783.40 Million in 2022
Carboxymethyl Cellulose Market Outlook: The global carboxymethyl cellulose market is currently valued at around US$ 1,835.10 Mn in 2022 and is anticipated to progress at a steady CAGR of 4.8% between 2022 and 2032, to reach a valuation of US$ 2,932.7 Mn by 2032
Old Source: https://www.globenewswire.com/en/news-release/2022/06/17/2464500/0/en/Geosynthetics-Market-is-projected-to-grow-year-on-year-by-10-16-reaching-US-13-67-Bn-in-2022-Future-Market-Insights-Inc.html
ABOUT FUTURE MARKET INSIGHTS, INC.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA . A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.
Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 For Sales Enquiries: sales@futuremarketinsights.com Report: Geosynthetics Market Size – 2022-2029
Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg
More news releases in similar topics
+44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT