Tuesday, August 6, 2013

Geotextiles Market Report Published By Transparency Market Research

According to a new market report published by Transparency Market Research Geotextiles Market by Product Type (Woven, Non-woven, Knitted) for Roadways, Erosion Control and Drainage – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, the global market for geotextiles was valued atUSD 3.2 billion in 2011 and is expected to reach USD 6.4 billion in 2018, growing at a CAGR of 10.3% from 2012 to 2018. In terms of volume, the demand for geotextiles was 1,904.0 million square meters in 2011 and is expected to reach 3,398.4 million square meters in 2018, growing at a CAGR of 8.6% from 2012 to 2018.


Increasing demand from roadway construction, especially from BRIC countries, is expected to drive geotextile demand over the next five years. Special focus on the use of geotextiles in infrastructural activities coupled with favorable regulatory support is also expected to have a positive impact on global demand. However, the fluctuating cost of commonly used raw materials such as polypropylene and polyester is expected to have an adverse effect on the market over the forecast period. In addition, the absence of defined standards across the countries has also emerged as a key challenge for market participants.
Transparency Market Research 
Among the product types, non-woven geotextiles was the largest consumed segment, accounting for over 60% of the overall demand in 2011. However, woven fabrics are expected to show substantial growth over the forecast period. Road construction was the largest application segment for geotextiles, and was valued at USD 1,502.8 million in 2011.

Asia Pacific dominated global geotextiles demand, accounting for over 41% of global volumes in 2011. European geotextiles market revenue is expected to reach USD 1,647.7 million in 2018, while North America market revenue is expected to grow at a CAGR of 9.9% from 2012 to 2018.

Key geotextile manufacturers include Royal TenCate , GSE Holdings, NAUE, and Officine Maccaferri among others. These companies along with other leading manufacturers in the market have been profiled in the report. The global market has been segmented as follows:

Geotextiles Market, by product type:
  • Woven
  • Non woven
  • Knitted
Geotextiles Market, by application:
  • Road construction
  • Erosion control
  • Drainage
  • Others
The volume and revenue for each application has been provided for the following regions:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

About Us

TransparencyMarket Researchis a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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2 comments:

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