Geotextiles And Geogrids Market - Forecast(2023 - 2028)

Geotextile and Geogrid Market Overview

Geotextile and the geogrid market size is forecast to reach US$14.6 billion by 2027, after growing at a CAGR of 7.5% during 2022-2027. Geotextiles and Geogrids are geosynthetic materials that can be used to reinforce soils and similar materials. Geotextiles and geogrids are commonly made of polymer materials, such as polyester, polyvinyl alcohol, polyethylene, or polypropylene. Geotextile material is used with soil, rock, or any other geotechnical engineering-related material. Geotextiles do not decay under biological and chemical processes. This makes them useful in road construction and maintenance. Geogrid is used to reinforce soil for steepened slopes and retaining walls. Geotextile fabrics serve in a variety of environmental applications, including filtration of fluid and gas collection systems, protection of geomembrane liners, waste daily covers, and reinforcement. Geotextiles are specified for municipal waste and hazardous waste landfills, heap leach pads, sewage treatment lagoons, as well as waste containment ponds, and other surface impoundments. Besides, rising investment in infrastructure developments owing to its physical, mechanical, and endurance properties the market for the geotextile and geogrid industry is expected to drive during the forecast period.

COVID-19 Impact

The Coronavirus pandemic has impacted the polymer industry to a great extent stuttering the manufacturing industry. Currently, the core industries such as construction, landfilling, agriculture, waste management, mining are highly impacted. The non-availability of workforces, supply chain disruptions, country-wide lockdowns, temporary closures of infrastructure projects, and limited availability of raw materials. With the tranquil norms made by the government, with preventive measures and social distance, the end-use industries are recovering. These preventive measures hampered the supply chain and delay in infrastructure projects are the major reason for the decline in the construction industry. Geogrids improve the bearing capacity of the soil and make the roads stronger and more reliable. It prevents expensive soil excavation and re-compaction. Compared to the traditional road construction techniques, using geosynthetic materials in road construction is much more economical and efficient. According to the associated general contractors of America (AGC) the construction association the Highway and street construction edged down 0.1% from December but rose 5.2% compared to January 2021. The increasing spending on infrastructural development and demand for waste management is expected to offer opportunities for manufacturers during the forecast period.

Report Coverage

The “Geotextile and Geogrids Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Geotextile and geogrid Industry.

By Raw Material: Polyethylene (PE), (High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE),) Polyvinyl Chloride (PVC), Polypropylene (PP), Ethylene Propylene Diene Terpolymer (EPDM), Recycled Material, Others

By Application: Surface Protection, Root & Weed Barrier, Pond Liners, Vertical Gardens, Soil Stabilization, Landscape Edging, Gas & Vapor Barrier, Waterproofing/Sealing, Drainage, Others.

By End-Use Industry: Construction (Residential, Commercial, Industrial), Landscaping, Agriculture, Waste Management, Mining, Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (the Middle East, and Africa)

Key Takeaways

• The geosynthetic materials that are cost-effective, easy to transport, and easy to install are driving the market.
• Geotextiles improve soil strength at a lower cost than conventional soil nailing. In addition, geotextiles allow planting on steep slopes, further securing the slope.
  

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The polyethylene segment held the largest share in the geotextile and geogrid market in 2021 and is growing at a CAGR of 7.0% during 2022-2027. They are typically formed from polyethylene sheets and expand out like an accordion when opened up to use. They are meant to contain soil, gravel, or other fill material within their maze of cells or pockets and may be porous to allow water movement.  They are used on slopes with soft subgrades and in erosion control in channels. They may be used over the top of a geotextile or geogrid.  While they come in compact bundles when collapsed, they typically cover an area 2.5m (8 ft) wide by 6 to 12m (20 to 40 ft) long when expanded.  Geosynthetics polyethylene is used in building roads, alleyways, stream accesses. According to the U.S. Census Bureau construction industry was increased by 0.8% in 2021. Construction work has continued despite the second wave of Covid-19. The rapid growth in construction activities will help the growth of the Geotextile and geogrid market during the forecast period

Geotextile and geogrid Market Segment Analysis – By End-Use Industry   

The mining industry segments accounted for over 35% of the market share in 2021. The demand for metals and minerals is expected to drive the mining industry. Geosynthetic materials enable more efficient barriers, stronger access roads, space-saving, and safety-enhancing retaining structures, and much more. The use of geosynthetics in mining operations grows annually, as mining companies focus on the technical and economic advantages of geosynthetics. The geogrids have been used to stabilize soft soils for road construction, embankments, and mine tailings for soil cover placement. China has a large mining industry and a huge demand for mineral resources. According to the China mining industry, the world's leading consumer of most mining products, particularly for commodities like thermal coal, approximately 49% of the global total, and iron ore, approximately 58% of the global total. Therefore, the mining industry is owing to the growth of geotextiles and geogrids market during the forecast period.

Geotextile and geogrid Market Segment Analysis – By Geography

Asia-Pacific region held the largest share in the geotextile and geogrid market in 2021 up to 40% owing to the growth of end-use industries like landscaping, agriculture, waste management, mining, construction, and others. The region is enlarging at a faster rate which is owing to the high growth of the geosynthetics market. The market growth in the region is driven by rapidly increasing population, urbanization, and industrialization. Growing investment for the development of public infrastructure and demand for solid waste management systems are the major factors driving the geosynthetics demand in the region. American Society for Testing and Materials (ASTM), describes geotextile as any permeable textile material applied with foundation, soil rock, earth, or any other geotechnical engineering-related material as an integral part of a: man-made project, structure, or system. According to the Australasian chapter of the international geosynthetics society, in October 2020 global Synthetics supplied over 500,000sqm of aceGrid geogrid to the project, which reinforced 280,000m3 of road embankment construction, the largest geogrid reinforced slope in the southern hemisphere. The growth of geosynthetics is owing to the growth of the geotextile and geogrid market during the forecast period.

Geotextile and geogrid Market – Drivers

Growing Construction Sector

Performance of Natural Geotextiles in Geotechnical Engineering

Natural geotextiles have been greatly developed. A multitude of scholars has studied the application and performance of natural geotextiles in geotechnical engineering. Natural geotextile materials are jute and coir, which are biodegradable and abundantly available, Whereas Synthetic geotextiles are mostly based on polypropylene, polyester, and polyamide fiber or high-density polyethylene, either in woven, short, or tape form. The analyzes the application of natural geotextiles in geotechnical engineering in recent years. The uses common natural geotextiles at present. Soil degradation caused by erosion has a serious adverse impact on environmental sustainability and agricultural productivity. To prevent the soil from further degradation, geotextiles are used as the soil cover to provide temporary protection for the soil, which can effectively control erosion until the soil is stabilized by vegetation. Geotextiles made of natural fibers have high efficiency in erosion control. Natural geotextiles are used for protection and their protective effect. Compared with synthetic geotextiles, natural geotextiles are more effective in controlling erosion and have better soil adhesion. More importantly, due to the biodegradability of natural geotextiles, the accumulation of microplastics in the environment can be avoided. Moreover, the short life and hygroscopicity of natural geotextiles have little effect on erosion control. Confidence Infrastructure will produce 300-600gsm polypropylene and polyester nonwoven geotextile with maximum width up to 4.2m in 2021. The growth in geotechnical engineering is owing to the geotextile market during the forecast period

Geotextile and geogrid Market – Challenges

Raw Material prices

Volatile prices of raw materials impact synthetic geotextile demand. Geotextiles are made from synthetic fibers such as polypropylene, polyester, and polyethylene, as well as natural fibers such as jute, coir, and ramie. Any shift in the demand and supply of these raw materials could affect the geotextile industry significantly. The components of synthetic fibers are extracted from crude oil, thus the increase in crude oil prices leads to higher prices of raw materials, thus affecting the geotextile industry. The fluctuations in raw material prices also affect the manufacturers operating margins, which in turn makes it difficult for them to sustain themselves on the global geotextile market. According to bontexgeo, Expectations are that these high prices will be maintained well into 2022. These increases, in combination with heavy disruptions in supply and demand, have put us in a position where we are no longer able to maintain our current prices. Thus, a price increase of 10-15% will be effective as of January 2022.

Geotextile and Geogrid Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Geotextile and geogrid markets. Geotextile and geogrid market top 10 companies include:

1. Alyaf Industrial Co.Ltd.
2. BMC Gulf
3. Exeed Industries
4. Mattex Geosynthetics
5. Tensar International Corporation
6. Suntech
7. Miakom
8. Karl Mayer
9. Geosys India Infrastructures Pvt. Ltd.
10. Uning new materials (Shanghai) Co., Ltd.

Recent Developments

• In August 2021, Bangladesh-based Confidence Infrastructure Ltd announced it would install two complete needle punching geotextile fabric lines. Using state-of-the-art technology, Confidence Infrastructure can adapt to the continually growing market requirements and react promptly and flexibly to individual customer needs.
• In March 2022, Freudenberg Performance Materials, a leading global supplier of high-performance geosynthetics for the civil engineering market, presents a new geogrid composite. Aimed at increasing the efficiency of construction projects, the product consists of a reinforcing grid bonded to a separation and filtration nonwoven geotextile.

Relevant Reports

Geosynthetics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2021 - 2026
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Nonwovens Market - Forecast(2022 - 2027)
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Geogrid Market - Forecast(2022 - 2027)
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