Global Geotextile Market Size, Share, and COVID-19 Impact Analysis, By Material (Natural and Synthetic), By Product (Woven, Non-Woven, and Knitted), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Advanced Materials

RELEASE DATE Nov 2024
REPORT ID SI7428
PAGES 254
REPORT FORMAT PathSoft

Global Geotextile Market Insights Forecasts to 2033

  • The Global Geotextile Market Size was Valued at USD 7.21 Billion in 2023
  • The Market Size is Growing at a CAGR of 6.51% from 2023 to 2033
  • The Worldwide Geotextile Market Size is Expected to Reach USD 13.55 Billion by 2033
  • Europe is Expected to Grow the fastest during the forecast period.

Geotextile Market

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The Geotextile Market Size is Anticipated to Exceed USD 13.55 Billion by 2033, Growing at a CAGR of 6.51% from 2023 to 2033.

 

Market Overview

A permeable fabric called geotextile is employed in construction and civil engineering applications. Usually, synthetic materials like polyester or polypropylene are used to make it. Soil can be separated, filtered, reinforced, protected, or drained using geotextiles. They are frequently used in road construction, drainage systems, erosion management, and landfills, where they increase soil stability, stop material mixing, and lengthen the lifespan of infrastructure as a whole. The geotextile industry is expanding rapidly due to the growing need for sustainable infrastructure. Governments and commercial sectors around the world are focused on environmentally responsible construction practices, with geotextiles playing an important role. These substances are widely utilized in erosion control, soil stabilization, and drainage structures to improve the durability and long-term viability of infrastructure projects.

 

Report Coverage

This research report categorizes the market for the geotextile market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the geotextile market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the geotextile market.

 

Geotextile Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 7.21 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.51%
2033 Value Projection:USD 13.55 Billion
Historical Data for:2019-2022
No. of Pages:254
Tables, Charts & Figures:120
Segments covered:By Material, By Product, By Region
Companies covered:: Koninklijke Ten Cate B.V., GSE Holdings, Inc., NAUE GmbH & Co. KG, Officine Maccaferri S.p.A., Low and Bonar PLC, Propex Operating Company, LLC, Fibertex Nonwovens A/S, TENAX Group, AGRU America, Global Synthetics, HUESKER Group, TYPAR, Machina-TST, Gayatri Polymers & Geo-synthetics, and other key companies.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

Rising disposal demands propel the geotextile market, as these materials are essential for landfill liner and leachate control. For example, geotextiles are used in projects like the Silicon Valley Landfill in California to avoid leachate pollution and improve landfill stability. The growing focus on effective waste disposal solutions and protecting the environment drives up demand for geotextiles, hence supporting market growth. Additionally, growing civil engineering activity as a result of developing nations' fast industrialization and urbanization is anticipated to propel the market. Product demand is expected to be driven globally by the cost-effectiveness and longer lifespan of geotextiles compared to alternative materials, as well as the growing environmental concerns about soil erosion. the growing use of geotextiles in a variety of construction applications in the United States, including landfills to improve soil stabilization, port roads, and drainage systems. Furthermore, market expansion is accelerated by the increased product adoption brought about by its longer lifespan and cost-effectiveness.

 

Restraining Factors

The high initial investment in geotextile components and installation can be a significant impediment, particularly in locations with limited resources. This large upfront cost may discourage ventures, especially in developing countries where financial limitations are more severe.

 

Market Segmentation

The geotextile market share is classified into material and product.

  • The synthetic segment dominates the market with the highest market share through the forecast period.

Based on the material, the geotextile market is categorized into natural and synthetic. Among these, the synthetic segment dominates the market with the highest market share through the forecast period. Polyester, polypropylene, and polyethylene are the most frequently utilized synthetic substances in geotextile production. Geotextiles composed of polypropylene and polyester provide good water circulation rates and are typically utilized for soil fine filtering, perforated pipe wrapping, and corrosion protection.

 

  • The non-woven segment is projected to hold the largest market share through the forecast period.

Based on the product, the geotextile market is categorized into woven, non-woven, and knitted. Among these, the non-woven segment is projected to hold the largest market share through the forecast period. The non-woven segment contributed to the market due to its widespread use in industries such as building, furniture, hygiene goods, cars, medical items, agriculture, and packaging.  Because of their low cost and great tensile strength, nonwoven geotextiles are in high demand for transportation infrastructure projects.

 

Regional Segment Analysis of the Geotextile Market 

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is anticipated to hold the largest share of the geotextile market over the predicted timeframe.

 

Asia

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Asia Pacific is projected to hold the largest share of the geotextile market over the predicted timeframe. Rising foreign investment in the region's growing countries, which include China and India, is expected to boost economic growth. Furthermore, developing megacities in China and India are likely to increase demand for geotextiles. Additionally, countries such as China and India embrace new ideas and investments in the building sector. Good housing and medical facilities are becoming more and more necessary in the Asia-Pacific area. As a result, the governments of Asian countries are increasing their investments in that industry.

 

Europe is expected to grow at the fastest CAGR growth in the geotextile market during the forecast period. Due to the large number of riverbeds and other bodies of water throughout Europe, soil erosion and water intrusion onto landmasses have occurred. The entire integrity of the surrounding infrastructure is impacted by the erosion of the riverbanks of several of these waterways, which flow through major cities.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the geotextile market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Koninklijke Ten Cate B.V.
  • GSE Holdings, Inc.
  • NAUE GmbH & Co. KG
  • Officine Maccaferri S.p.A.
  • Low and Bonar PLC
  • Propex Operating Company, LLC
  • Fibertex Nonwovens A/S
  • TENAX Group
  • AGRU America
  • Global Synthetics
  • HUESKER Group
  • TYPAR
  • Machina-TST
  • Gayatri Polymers & Geo-synthetics
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In February 2024, the HUESKER Group established a new subsidiary in South Africa. This move intends to increase its market dominance by recruiting new clients and expanding current partnerships, demonstrating the company's commitment to growth and regional participation.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the geotextile market based on the below-mentioned segments: 

 

Global Geotextile Market, By Material

  • Natural
  • Synthetic

 

Global Geotextile Market, By Product

  • Woven
  • Non-Woven
  • Knitted

 

Global Geotextile Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa  

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global geotextile market over the forecast period?
    The global geotextile market is to expand at 6.51% during the forecast period.
  • 2. Which region is expected to hold the highest share of the global geotextile market?
    The Asia Pacific region is expected to hold the largest share of the global geotextile market.
  • 3. Who are the top key players in the geotextile market?
    The key players in the geotextile market are Koninklijke Ten Cate B.V., GSE Holdings, Inc., NAUE GmbH & Co. KG, Officine Maccaferri S.p.A., Low and Bonar PLC, Propex Operating Company, LLC, Fibertex Nonwovens A/S, TENAX Group, AGRU America, Global Synthetics, HUESKER Group, TYPAR, Machina-TST, Gayatri Polymers & Geo-synthetics, and others.

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