Asia Geosynthetics Market Is Projected To Surpass Us$ 2,500 Million By The End Of 2027

Geosynthetics are excellent civil engineered materials that are essential and indispensable for environmental applications such as reinforcing soil, separation, drainage, barriers, containment, and protection. These materials are made up of polymeric materials and are available in different types these include geotextiles, geonets, geogrids, vertical drains, geosynthetic clay liner, geomembranes pre-fabricated, geocells, and geocomposites. High-density polyethylene (HDPE), natural fiber polyester, polypropylene (PP), PVC, and synthetic rubber are some of the common raw materials that are used to manufacture geosynthetics. Some of the major applications of geosynthetics are separation, drainage, filtration, reinforcement, and containment.

The South Asia geosynthetics market is projected to surpass US$ 2,500 million by the end of 2027, in terms of revenue, growing at CAGR of 13.2% during the forecast period (2019 to 2027).

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Drivers

Growing development of road and rail networks in South Asia is expected to augment the growth of geosynthetics. In the development of road and rail infrastructure, it is used to base reinforcement, filtration & drainage facility, subgrade stabilization, and separation, absorption of overlay stress and reinforcement. In the rail network, it enhances stress propagation and offers improved stability. Thus, the rapid development of road &rail networks is expected to foster the growth of South Asia geosynthetics market.

Market Opportunities

The growing construction industry coupled with the rising usage of advanced materials for the construction of high-scale projects is expected to offer numerous growth opportunities to the South Asia geosynthetics market. According to the Invest India, the construction industry in India is projected to grow at 5.6% during 2016-20, compared to 2.9% during 2011-15. This is attributed to rising investment by the government in the construction industry.

Market Trends

The rising trend of using different advanced materials to enhance the strength and durability of geosynthetic is expected to augment the market growth geosynthetic over the forecast period. For instance, in 2016, an Australia-based geosynthetic manufacturing company successfully tested a graphene-coated geotextile. The layers of graphene enhance the electrical and thermal conductivity of the geotextile and offer superior anti-clogging properties to the fiber.

Competitive Section

Key players operating in the South Asia geosynthetics market are Koninklijke TenCate NV., GSE Environmental Inc., HUESKER Synthetic GmbH, Geofabrics Australasia Pty. Ltd., Tensar International Corporation, Poly fabrics Australasia Pty Ltd., NAUE Gmbh & Co. KG., Global Synthetics Pty Ltd., and Enviro Geosynthetics Pvt. Ltd.

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Few Recent Developments 

GSE Environmental Inc.

• In August 2016, the company announced the development of a new manufacturing line in the Kingstree, SC facility to meet the ever-increasing demand of innovative drainage products. The new manufacturing line will be capable of producing GSE’s full line of triplanar and biplanar geocomposite products
• In June 2016, GSE Environmental Inc. announced that they have won three prestigious awards for their creative work in the oil & gas and mining solutions brochures
• In April 2016, the company announced the introduction of its new product: Liner Integrity Monitoring System. The system was developed through a partnership with the Texplor Group

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

Geosynthetics are excellent civil engineered materials that are essential and indispensable for environmental applications such as reinforcing soil, separation, drainage, barriers, containment, and protection. These materials are made up of polymeric materials and are available in different types these include geotextiles, geonets, geogrids, vertical drains, geosynthetic clay liner, geomembranes pre-fabricated, geocells, and geocomposites. High-density polyethylene (HDPE), natural fiber polyester, polypropylene (PP), PVC, and synthetic rubber are some of the common raw materials that are used to manufacture geosynthetics. Some of the major applications of geosynthetics are separation, drainage, filtration, reinforcement, and containment.

The South Asia geosynthetics market is projected to surpass US$ 2,500 million by the end of 2027, in terms of revenue, growing at CAGR of 13.2% during the forecast period (2019 to 2027).

Get a Sample Copy + All Related Graphs & Charts:  https://www.coherentmarketinsights.com/insight/request-sample/3669

Drivers

Growing development of road and rail networks in South Asia is expected to augment the growth of geosynthetics. In the development of road and rail infrastructure, it is used to base reinforcement, filtration & drainage facility, subgrade stabilization, and separation, absorption of overlay stress and reinforcement. In the rail network, it enhances stress propagation and offers improved stability. Thus, the rapid development of road &rail networks is expected to foster the growth of South Asia geosynthetics market.

Market Opportunities

The growing construction industry coupled with the rising usage of advanced materials for the construction of high-scale projects is expected to offer numerous growth opportunities to the South Asia geosynthetics market. According to the Invest India, the construction industry in India is projected to grow at 5.6% during 2016-20, compared to 2.9% during 2011-15. This is attributed to rising investment by the government in the construction industry.

Market Trends

The rising trend of using different advanced materials to enhance the strength and durability of geosynthetic is expected to augment the market growth geosynthetic over the forecast period. For instance, in 2016, an Australia-based geosynthetic manufacturing company successfully tested a graphene-coated geotextile. The layers of graphene enhance the electrical and thermal conductivity of the geotextile and offer superior anti-clogging properties to the fiber.

Competitive Section

Key players operating in the South Asia geosynthetics market are Koninklijke TenCate NV., GSE Environmental Inc., HUESKER Synthetic GmbH, Geofabrics Australasia Pty. Ltd., Tensar International Corporation, Poly fabrics Australasia Pty Ltd., NAUE Gmbh & Co. KG., Global Synthetics Pty Ltd., and Enviro Geosynthetics Pvt. Ltd.

Great savings for you 2000$ Discount On Report: https://www.coherentmarketinsights.com/insight/request-discount/3669

Few Recent Developments 

GSE Environmental Inc.

• In August 2016, the company announced the development of a new manufacturing line in the Kingstree, SC facility to meet the ever-increasing demand of innovative drainage products. The new manufacturing line will be capable of producing GSE’s full line of triplanar and biplanar geocomposite products
• In June 2016, GSE Environmental Inc. announced that they have won three prestigious awards for their creative work in the oil & gas and mining solutions brochures
• In April 2016, the company announced the introduction of its new product: Liner Integrity Monitoring System. The system was developed through a partnership with the Texplor Group

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com