Geotextiles are used in a variety of civil engineering applications, which include road construction, drainage systems, and erosion control among others. These fabrics are biodegradable and can perform various functions such as separation, filtration, drainage, reinforcement and protection. On account of their multiple functionality and biodegradable nature, demand for geotextiles has been growing over the past few years. Use of geotextiles helps in increasing the life span of the application in which they are used. In addition, chemical treatments on these fabrics can prolong their life span by a number of decades, thus leading to lower cost of replacement.
Road construction has been the largest application of geotextiles followed by erosion control and drainage application. Special focus on utilizing geotextile fabrics in majority of infrastructure development activities in countries such as Brazil, Russia, China and India is expected to drive the growth for this product. Regulatory support given by national governments of developed as well as developing economies coupled with implementation of California Bearing Ratio (CBR) and Minimum Average Roll Value (MARV) is expected to further the growth of the market. In addition, numerous large-scale experiments which are being performed in countries such as the U.S. and the U.K. for protection and restoration of shorelines of rivers and other water bodies is forecasted to increase the demand of geotextiles in these regions.
Polypropylene and polyester are commonly used in the manufacture of geotextiles. However, the fluctuating cost of these polymers has impacted the costs of geotextiles fabrics. Due to the requirement of simultaneous actions of soil reinforcement and vegetation growth, there is an increased demand for geotextiles made from natural fibers. The widespread availability of natural fibers such as jute and sisal in Asia Pacific has resulted in usage of these products for geotextile production of geotextiles.
Royal TenCate, Propex, GSE Holding Inc., Officine Maccaferri, NAUE GmbH & Co. KG, Low & Bonar, and Fiberweb are some of the leading geotextile manufacturers.
The report analyzes, estimates and forecasts geotextiles demand on a global and regional level. The forecast demand is based on volume (million square meters) and revenue (USD million) for a period ranging from 2012 to 2018. The study also explores in detail, the drivers and restraints for the market along with the impact they are expected to have on the overall market over the said forecast period. The effects of implementation of MARV and CBR standards for geotextile production have been covered in the report. In addition, the potential opportunities present for the market have been included in the report.
The study deep-dives in to the geotextiles market, analyzing the entire product value chain beginning with raw material scenario up to the end-use applications. In addition, it includes Porter’s Five Forces analysis which estimates the degree of competition in the market by taking into account various factors such as the bargaining power of suppliers and buyers, threat from new entrants and substitute products. The report contains a detailed competitive landscape of the market, including company market share analsysis and detailed profiles of key market participants. Besides, a detailed analysis of the market attractiveness has been provided over the next six years. An overview of the geosynthetics market has been provided along with the segmentation of this market by its product type based on its volume (million square meters).
As the application of geotextiles is large, we have considered a few major applications which are generic across all regions and contribute substantially to the global market, presently as well as over the next six years. Granular data on a regional level has been provided for North America, Europe, Asia Pacific and Rest of the World. Special emphasis has been given to the demand for various product segments and applications of geotextiles in each of these regions for the period from 2011 to 2018. Some of the leading manufacturers included in the report are Royal TenCate, GSE Holding Inc., NAUE GmbH & Co. KG, Officine Maccaferri, Low & Bonar, and Propex. The company profiles include features such as company overview, financial overview, SWOT analysis, business strategies and recent developments of these companies.
For research, we conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk research effort coupled with extensive secondary research. We reviewed key players’ annual reports, product portfolio, press releases and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective and reliable approach for obtaining concise data, capturing industry participants’ insights and recognizing opportunities and growth.
The market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for each of the materials mentioned in the report has been considered, and customized product pricing has not been included. Additionally, the market has been analyzed based on expected demand and the market data for each segment is based on demand volumes and corresponding revenues. The prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers. Furthermore, the market data is based on current information. However, presence of a large number of domestic manufacturers in China and India may cause variation in forecast by a small margin. The forecasts have been based on expected demand from product and application segments.
The report includes a comprehensive alaysis of market dynamics including drivers, restraints, challeneges and potential opportunities, thus enabling strategy-making for geotextile manufacturers, suppliers of raw materials, substitutes, potential new entrants into the market based on possibility of forward or backward integration into the various business segments. The report also presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the geotextiles market as below:
Geotextiles Market – Product Segment Analysis
Geotextiles Market –Application Analysis
- Roadway construction
- Soil erosion prevention & control
- Drain management
Geotextiles Market - Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)