Global Geogrid Market By Function (Punched & Drawn, Coated Yarn, Welded Rods/Straps, Others), Product Type (Uniaxial, Biaxial, Triaxial), Material Type (Polyethylene (PE), Polypropylene (PP), Others), Manufacturing Process (Knitting/Weaving, Welding/Bonded, Extrusion), Application (Road Industry, Railroad Stabilization, Retaining Walls, Soil Reinforcement/Erosion Control, Landfill, Construction, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Geogrid Market
Geogrid market is expected to reach USD 1.8 billion by 2027 experiencing growth at a rate of 9.70% in the forecast period of 2020 to 2027. The global geogrid market analyses the growth of the films market owing to preference of these films over conventional adhesives in various bonding applications.
Geogrids are described as a type of geosynthetic material developed with the help of interconnecting polymers in an intersecting rib form which can be used for enhancing the stability levels of terrains, infrastructures and various other areas where these materials are utilized. They are basically reinforcing materials for various applications such as buildings, soil reinforcement, walls and other structures.
Rising levels of infrastructural development from a number of different regions worldwide in combination with a number of benefits that these materials offer in terms of infrastructural stability, low maintenance requirement for infrastructure and better sustainability for a longer period have resulted in high demands for geogrid in the forthcoming period of 2020 to 2027. With significant levels of R&D activities carried out by a number of established manufacturers, the core application areas for geogrid are expanding from infrastructural stabilization to filtration, drainage and protection amongst various others.
One of the most recent advances of extensive R&D activities by the various market players is the launch of hundred percent recycled polyethylene terephthalate (PET) based geogrid. In July 2019, HUESKER had developed this product variant under their “ecoLINE” product range, designed to meet the significant requirements of utilizing environmental-friendly solutions.
This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research geogrid market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Global Geogrid Market Scope and Market Size
Global geogrid market is segmented on the basis of function, product type, material type, manufacturing process and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Geogrid market on the basis of function has been segmented into punched & drawn, coated yarn, welded rods/straps and others.
Based on product type, the market has been segmented as uniaxial, biaxial and triaxial.
On the basis of material type, geogrid market has been segmented as polyethylene (PE), polypropylene (PP) and others.
Based on the manufacturing process, geogrid market consists of knitting/weaving, welding/bonded and extrusion.
Geogrid market is also segmented into road industry, railroad stabilization, retaining walls, soil reinforcement/erosion control, landfill, construction and others on the basis of application.
Geogrid Market Country Level Analysis
Global geogrid market is analysed and market size, volume information is provided by country, function, product type, material type, manufacturing process and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is expected to hold a dominant position amongst all of the regions worldwide, growing at the highest growth rate and having the largest share in the market for the forecast period 2020 to 2027. With the increasing levels of infrastructural development, industrialization and urbanization, Asia-Pacific region’s dominant position is due to the aforementioned factors.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Geogrid Market Share Analysis
Global geogrid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to geogrid market.
The major players covered in the report are Low & Bonar, Koninklijke Ten Cate bv, Officine Maccaferri Spa, HUESKER, Strata Systems, Inc., ACE Geosynthetics, Carthage Mills, Inc., Asahi Kasei Advance Corporation, Tensar International Corporation, Tenax S.p.a., NAUE GmbH & Co. KG, Propex Operating Company, LLC, Pietrucha Sp. z o.o., BOSTD Geosynthetics Qingdao Ltd., Taian Modern Plastic Co., Ltd, Wrekin Products Ltd, Thrace Group, Diamond Grid, GSE Environmental, Mahina-TST OOO, Maruti Rub-Plast Pvt. Ltd., Titan Environmental Containment, TECHFABINDIA among other players domestic and global. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Geogrid Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.