The Geotextile Market is forecasted to grow from USD 4.64 billion in 2018 to USD 11.86 billion by 2026, at a CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile adoption.

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Further key findings from the report suggest

• The Geotextile Market is forecasted to grow from USD 4.64 billion in 2018 to USD 11.86 billion by 2026, at a CAGR of 11.4%, during the forecast period. Increasing population; increasing industrialization and rapid urbanization have compounded growth in emerging markets, leading to a sharp increase in geotextile adoption.
• The market for Asia Pacific (APAC) is expected to grow the largest and reach USD 3.68 Billion in 2026, at a CAGR of 12.4%. The main geotextile market in this region is China, India, Japan and South Korea. The key factor driving market growth is the increasing number of infrastructure development activities in the region, particularly in ASEAN countries. Several leading players have conducted strategic expansion activities in this region to meet the growing demand from the construction and agricultural industries
• The major players in the market are Low & Bonar (UK), Officine Maccaferri (Italy), Koninklijke TenCate (Netherlands), Thrace Group (Greece), Huesker (Germany), Berry Global (US), Fibertex Nonwovens (Denmark), DuPont (US), Strata Systems (US), Carthage Mills (US) and others.

Segments covered in the report:

This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of material, product and application regional analysis.

Material (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Synthetic
• Natural

Product (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Woven
• Non-woven
• Knitted

Application (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Erosion
• Drainage Control
• Road Construction
• Others

Region (Kilo Tons) (Revenue, USD Million; 2016-2026)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of the Europe
• Asia Pacific

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/geotextile-market

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