In its latest report on Geocomposite Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
Global Geocomposite Market to reach more than USD 840 million by 2025.
Global Geocomposite Market valued approximately USD 320 million in 2016 is anticipated to grow with a healthy growth rate of more than 11.5% over the forecast period 2017-2025. Rising construction activities such as cleaning projects initiated by various governments around the world are the major growth driving factors in the market. Moreover, road and rail developments in various developing countries such as India, are also likely to fuel the demand over the forecast period 2018-2025. and Geocomposite are the type of planar sheets which are made of composite materials containing at least one layer of geosynthetic products such as geotextile, geogrid, geonet, geomembrane, etc. these are used as liners in drainage facilities, for erosion control, road constructions and in several other applications.
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The regional analysis of Global Geocomposite Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Primary Function:
Water & wastewater management
Road & highway
Landfill & mining
Soil reinforcement for civil construction
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Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include GSE Environmental, Skaps Industries, ABG LTD, Hans Geo Components, Tencate Geosynthetics, Maccaferri S.P.A., Terrem Geosynthetics, Huesker Synthetics GmbH, Contech Engineered Solutions Lic, Edifloor S.P.A., Climax Synthetics Pvt. Ltd., Tema Corporation and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Geocomposite Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Table o Content
Chapter 1.Global Geocomposite Market Definition and Scope
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
Chapter 2.Research Methodology
Chapter 3.Executive Summary
3.1.Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
Chapter 4.Global Geocomposite Market Dynamics
4.2.1.Porter’s 5 Force Model
4.2.3.Value Chain Analysis
4.3.Analyst Recommendation & Conclusion
Chapter 5.Global Geocomposite Market, By Primary Function
5.2.Market Performance – Potential Model
5.3.Global Geocomposite Market, Sub Segment Analysis
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