Geotextiles Market Size Synopsis
According to MRFR the analysis, the
Global Geotextile Market was valued at more than USD 5 billion in 2018 and is
expected to reach over USD 10 Billion by the end of 2027 at a CAGR of 10.8%.
Geotextiles are permeable textile
materials and are among the most widely used geosynthetic materials for
filtration, separation, drainage, reinforcement, and stabilization purposes.
The key raw materials used include polypropylene and polyester (synthetic
fibers) and natural fibers (jute, flax, sisal). Geotextiles are ideal materials
in the construction of roads, landfills, harbors, dams, drainage structures,
and other civil projects. Mechanical responses, high impact strength, scour and
erosion protection, resistant to extreme wave action, and chemical resistance
are some of the key characteristics exhibited by geotextiles, owing to which
they are widely used in the applications. The increasing demand for geotextiles
in the construction of roadways and growing infrastructure developments across
the globe are expected to be the primary drivers of the global market growth.
SEGMENTATION
By Material
Synthetic Fibers: The synthetic
fibers segment accounted for a Geotextile market share
of over 85% of the global market in 2018. The synthetic fibers segment is further
divided into polypropylene, polyester, polyamide, and others. Polypropylene is
the most widely used polymer in the manufacturing of geotextiles owing to its
high tensile strength, low cost, ease of availability, and chemical inertness.
It has low density, which results in a very low cost per unit volume.
Natural Fibers: The natural
fiber-based geotextiles are bio-degradable and are gaining popularity in the
global market on account of their eco-profile and are ecologically compatible.
Natural fibers such as jute, hemp, and coir are generally applicable in
temporary reinforcements and erosion-control uses of geotextiles.
By Product Type
Non-Woven: Non-woven geotextiles
provide the best combination of the three functions (filtration, drainage, and
reinforcement) and are hence used in the major applications including
subsurface drainage, roadway separation, railroad stabilization, leachate management
in landfill cells, and subsurface retention/detention systems. The increasing
construction activities and growing use of geotextiles in the erosion control
sector are expected to propel the market growth.
Woven: Woven geotextiles exhibit high
tensile strength at low elongation (high tensile modulus) and help reduce
rutting and extend the life of paved and unpaved roadways. Additionally, woven
geotextiles are effective in controlling sediment runoff on construction sites,
owing to which are gaining popularity in the global market. The increasing
roadbuilding and embankment construction activities are expected to fuel the
demand for woven geotextiles in the coming years.
Knitted: The segment held the least
share of the global market in 2018. However, knitted geotextiles offer some
advantages over woven geotextile, including exceptional tear strength, can
incorporate an additional fabric to form a true composite geotextile, and are
light in weight.
Others
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By End-Use
Transportation: The largest and the
fastest-growing end-use segment. The expanding construction industry and
increasing investments by governments in the emerging economies (India, China,
Indonesia, and GCC, among others) for infrastructure development are expected
to fuel the growth of the segment during the forecast period. The major
investments such as announcement of USD 63.20 billion by the Indian Government
for infrastructure development and a total expected investment of around USD
220 billion by the Chinese government for 27 major infrastructure projects are
expected to boost the construction of roads and other transportation facilities
in the region. Furthermore, initiation of various airport construction projects
in the US, Brazil, Mexico, India, and China, are further expected to boost the
demand for geotextiles in the construction of road pavement in these airports.
Environment: The stringent
regulations pertaining to water pollution across the globe and growing need for
construction of drainage systems and waste containment are among the major
factors driving the growth of the segment. Moreover, the increasing demand for
geotextiles in the erosion control sector is further expected to drive the
market growth.
Energy & Water Resources: Rising
need for efficient water storage water storages due to the global water crisis,
is driving the demand for geotextiles in the construction of canals, dams and
reservoirs, and irrigation channels. Increasing construction of dams for
generating hydroelectricity is further expected to boost the demand for
geotextiles in this application during the forecast period.
By Region
North America: Market growth is
driven by the demand for reducing pollution of water resources by use of
geotextiles in erosion and slope stabilization in oil fields.
Europe: A well-established market.
Asia-Pacific: The largest and
fastest-growing regional market.
Latin America: A small regional
market yet is projected to register healthy growth considering the upcoming
airport construction projects, which is likely to fuel the demand for
geotextiles in Latin America.
Middle East & Africa: Expanding
construction sector in UAE and Saudi Arabia owing to which it is one of the
fastest-growing regional market.
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