Your Shopping Cart Is Empty
| Report Code: A01331 | Apr 2020 | Pages: 153 | ||
| Tables: 63 | Charts: 48 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Geogrid Market
Request Now !The global geogrid market was valued at $0.8 billion in 2018, and is projected to reach $1.8 billion by 2026, growing at a CAGR of 9.9% from 2019 to 2026. Geogrid is a geosynthetic material used in the reinforcing of soils and other similar materials. It is majorly used in the reinforcement of retaining walls and subbases or subsoils. It improves the bearing capacity and decreases the deformability of the soil. There is an increase in the use of geogrid in the transportation and construction sectors across the globe. This surges the demand for geogrid products.
Increase in infrastructure development activities in the countries such as U.S., China, India, Japan, and others drives the growth of the global geogrid market. In addition, superior properties associated with geogrid such as light weight, easy handling, high temperature stability, and strong longevity of construction fuels the growth of the market across the globe. Furthermore, reduction in maintenance cycles and cost boosts the market growth. However, lack of skilled work force is the key factor that is expected to hamper the growth of the market during the forecast period. Increase in awareness and surge in number of R&D activities are the factors expected to create opportunity for the key players to maintain their position in the global geogrid market.
In addition, geogrid is the important material in reinforcement or strengthening of the soil. It is light weight, easy to handle, exhibits high temperature stability, easy to maintain, strong, and possesses longevity of construction. Owing to the mentioned properties, geogrid is the suitable and attractive option in the construction industry, which acts as the driving factor in the growth of the geogrid market globally. Other key factors driving the demand of geogrid market include reduction in maintenance cycle and cost. For instance, the use of geogrid in pavements, soil reinforcement, and road industry reduces the maintenance cost and cycles is the key factor that propels the growth of the geogrid market globally. Geogrid provides cost savings and reduced maintenance cycles as compared to other structural material which increases the demand for geogrid products from the construction industry.
However, geogrid products are always buried, the life cycle and maintenance factor of the product always depend on the proper installation of the material. Thus, the proper care has to be taken during the installation process of geogrid material as it cannot be replaced/repaired after installation, hence, it needs to be neatly installed at the first time. Lack of skilled workforce in developing economies is the prime factor that hampers the growth of the geogrid market during the forecast period.
On the contrary, there is an increase in the demand for geogrid in the road industry and railroad stabilization owing to the working advantages of geogrid in strengthening the base such as soil, rock, and other materials. In addition, the utilization of geogrid products in the construction of roads reduces the maintenance cost and maintenance cycles, which is an attractive option for use in construction activities. Thus, above mentioned advantages increase the awareness among consumers. This also leads to surge in number of R&D activities in improving the performance of geogrid. Thisin turn supplements the growth of the market.
The geogrid market is segmented into application and region. By application, the market is classified into road industry, railroad stabilization, soil reinforcement, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific has the highest market share in terms of region. This is attributed to increase in demand for high speed rail transmission network and rise in demand from building construction and road industry .In addition, Asia-Pacific noted the highest growing rate in the geogrid market during the forecast period (2019-2026).
The global geogrid market analysis covers in-depth information of the major industry participants. Some of the major players in the market include ACE Geosynthetics, Glen Raven Inc., Huesker Synthetic GmbH, Low & Bonar PLC, SECI SpA, Naue GmbH & Co. Kg, Tenax SPA, Koninklijke Ten Cate B.V., Tensar, and Wrekin Products.
Other players operating in the value chain of the global geogrid market are Propex Operating Company LLC, Asahi-Kasei Geotech, Carthage Mills, Thrace, Pietrucha, and others.
Key players are adopting numerous strategies such as product launch and business expansion to stay competitive in the global geogrid market.
For instance, NAUE Group launched new geogrid products. These new product sare called Secugrid and Combigrid. These are used for stabilization and reinforcement applications. In addition, Tensar Corporation launched new geogrid products named EarthLock Hardscaping Geogrid, EarthLock Jobsite Geogrid, and EarthLock Retaining Wall Geogrid. Earth Lock product is designed to handle a problem faced by homeowners around the country. EarthLock Jobsite Geogrid is used for soft soil problem.
By application, the road industry segment has garnered the highest market share in the geogrid market in 2018 owing to the increase in demand for transportation facilities. In addition, the use of geogrid in road construction minimizes the maintenance cycles and cost, which fuels the growth of the global market. In addition, geogrids are widely used in road industry for the past 30 years. In roadways, they are used for base strengthening and subgrade stabilization. They improve the load handling capacity of the pavement under dense traffic and are placed within unbound layers of the flexible pavement systems. In subgrade stabilization, they are used to construct base over weak subgrades in the construction of the pavement systems. In subgrade stabilization, geogrids are used for transportation infrastructures such as highways, bridges and others.
By region, Asia-Pacific dominated the highest market share in the geogrid market. This is owing to numerous factors such as huge consumer base, the rise in infrastructure development activities, increase in construction activities, and upgradation of infrastructural facilities in the region.
Asia-Pacific is the key market for the geogrid industry. It is the world’s largest as well as most populous continent. Geogrids are used in road industry, railroad stabilization, soil reinforcements, mining, and other applications.
In addition, as per the study on transport sector by the Asian Infrastructure Investment Bank (AIIB), the infrastructure demand for roads, rails, and aviation is higher in regions such as Central Asia, Western Asia, Oceania, and Russia owing to the huge geographic base and less populating region. Inaddition, increase in demand for high speed rail transmission network is larger in the regions such as South Asia, East Asia, and South-East Asia. Thus, abovementioned factors increase the demand for geogrids in infrastructural activities, which further drive the growth of the geogrid market in Asia-Pacific. For last 10 years, Asia-Pacific registered considerable economic growth; to maintain this economic growth the governments of the region planned and made huge investments in transport infrastructural activities. Rise in demand for geogrids from building construction and road industry is expected to boost the growth of the global geogrid market during the forecast period.
Key Benefits For Stakeholders
Geogrid Market Report Highlights
| Aspects | Details |
|---|---|
| By Application |
|
| By Region |
|
| Key Market Players | KONINKLIJKE TEN CATE BV, WREKIN PRODUCTS LTD., GLEN RAVEN INC., TENAX SPA, ACE GEOSYNTHETICS, TENSAR CORPORATION, NAUE GmbH & CO. KG, HUESKER SYNTHETIC GmbH, MACCAFERRI GROUP - SECI SPA, LOW & BONAR PLC |
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top Investment Pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porters five forces analysis
3.3.Value chain analysis
3.4.Patent analysis
3.4.1.By countries (2013-2019)
3.5.Parent peer market overview
3.6.Market dynamics
3.6.1.Drivers
3.6.1.1.Increase in the infrastructure development activities
3.6.1.2.Superior properties associated with geogrid
3.6.1.3.Reduction in maintenance cycles and cost
3.6.2.Restraint
3.6.2.1.Lack of skilled workforce
3.6.3.Opportunities
3.6.3.1.Increase in awareness and surge in number of R&D activities
CHAPTER 4:GLOBAL GEOGRID MARKET, BY APPLICATION
4.1.Overview
4.1.1.Market size and forecast by Application
4.2.Road industry
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by Region
4.2.3.Market share analysis, by country
4.3.Railroad stabilization
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by Region
4.3.3.Market share analysis, by country
4.4.Soil reinforcement
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by Region
4.4.3.Market share analysis, by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by Region
4.5.3.Market share analysis, by country
CHAPTER 5:GEOGRID MARKET, BY REGION
5.1.Overview
5.1.1.Market size and forecast by region
5.2.North America
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast by application
5.2.3.Market size and forecast by Country
5.2.3.1.U.S.
5.2.3.1.1.Market size and forecast by Application
5.2.3.2.Canada
5.2.3.2.1.Market size and forecast by Application
5.2.3.3.Mexico
5.2.3.3.1.Market size and forecast by Application
5.3.Europe
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast by Application
5.3.3.Market size and forecast by Country
5.3.3.1.Germany
5.3.3.1.1.Market size and forecast by Application
5.3.3.2.France
5.3.3.2.1.Market size and forecast by Application
5.3.3.3.Italy
5.3.3.3.1.Market size and forecast by Application
5.3.3.4.Spain
5.3.3.4.1.Market size and forecast by Application
5.3.3.5.UK
5.3.3.5.1.Market size and forecast by Application
5.3.3.6.Rest of Europe
5.3.3.6.1.Market size and forecast by Application
5.4.Asia-Pacific
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast by Application
5.4.3.Market size and forecast by Country
5.4.3.1.China
5.4.3.1.1.Market size and forecast by Application
5.4.3.2.Japan
5.4.3.2.1.Market size and forecast by Application
5.4.3.3.India
5.4.3.3.1.Market size and forecast by Application
5.4.3.4.South Korea
5.4.3.4.1.Market size and forecast by Application
5.4.3.5.Australia
5.4.3.5.1.Market size and forecast by Application
5.4.3.6.Rest of Asia-Pacific
5.4.3.6.1.Market size and forecast by Application
5.5.LAMEA
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast by Application
5.5.3.Market size and forecast by Country
5.5.3.1.Brazil
5.5.3.1.1.Market size and forecast by Application
5.5.3.2.Turkey
5.5.3.2.1.Market size and forecast by Application
5.5.3.3.South Africa
5.5.3.3.1.Market size and forecast by Application
5.5.3.4.Rest of LAMEA
5.5.3.4.1.Market size and forecast by Application
CHAPTER 6:COMPETITIVE LANDSCAPE
6.1.Introduction
6.1.1.Market player positioning, 2018
6.2.Top winning strategies
6.2.1.Top winning strategies, by year
6.2.2.Top winning strategies, by development
6.2.3.Top winning strategies, by company
6.3.Application matrix of top 10 player
6.4.Competitive dashboard
6.5.Competitive heatmap
6.6.Key developments
6.6.1.New product launches
6.6.2.Expansions
CHAPTER 7:COMPANY PROFILES:
7.1.ACE GEOSYNTHETICS
7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Product portfolio
7.2.GLEN RAVEN INC.
7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Product portfolio
7.3.HUESKER SYNTHETIC GmbH
7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Product portfolio
7.3.4.Key strategic moves and developments
7.4.LOW & BONAR PLC
7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.4.5.Business performance
7.5.MACCAFERRI GROUP - SECI SPA
7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Product portfolio
7.5.4.Business performance
7.6.NAUE GmbH & CO. KG
7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Product portfolio
7.6.4.Key strategic moves and developments
7.7.TENAX SPA
7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio
7.8.KONINKLIJKE TEN CATE BV
7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Business performance
7.9.TENSAR CORPORATION
7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Product portfolio
7.9.4.Key strategic moves and developments
7.10.WREKIN PRODUCTS LTD.
7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio
LIST OF TABLES
TABLE 01.GLOBAL GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)49
TABLE 02.GEOGRID MARKET FOR ROAD INDUSTRY, BY REGION, 2018–2026 ($MILLION)51
TABLE 03.GLOBAL GEOGRID MARKET FOR RAILROAD STABILIZATION, BY REGION, 2018–2026 ($MILLION)54
TABLE 04.GLOBAL GEOGRID MARKET FOR SOIL REINFORCEMENT, BY REGION, 2018–2026 ($MILLION)57
TABLE 05.GLOBAL GEOGRID MARKET FOR OTHERS, BY REGION, 2018–2026 ($MILLION)60
TABLE 06.GLOBAL GEOGRID MARKET, BY REGION 2018–2026 (($MILLION)63
TABLE 07.NORTH AMERICA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)65
TABLE 08.NORTH AMERICA GEOGRID MARKET, BY COUNTRY 2018–2026 ($MILLION)66
TABLE 09.U.S. GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)68
TABLE 10.CANADA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)70
TABLE 11.MEXICO GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)72
TABLE 12.EUROPE GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)74
TABLE 13.EUROPE GEOGRID MARKET, BY COUNTRY 2018–2026 ($MILLION)75
TABLE 14.GERMANY GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)77
TABLE 15.FRANCE GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)79
TABLE 16.ITALY GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)81
TABLE 17.SPAIN GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)83
TABLE 18.UK GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)85
TABLE 19.REST OF THE EUROPE GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)87
TABLE 20.ASIA-PACIFIC GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)89
TABLE 21.ASIA-PACIFIC GEOGRID MARKET, BY COUNTRY 2018–2026 ($MILLION)90
TABLE 22.CHINA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)92
TABLE 23.JAPAN GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)94
TABLE 24.INDIA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)96
TABLE 25.SOUTH KOREA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)98
TABLE 26.AUSTRALIA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)100
TABLE 27.REST OF ASIA-PACIFIC GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)102
TABLE 28.LAMEA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)104
TABLE 29.LAMEA GEOGRID MARKET, BY COUNTRY 2018–2026 ($MILLION)105
TABLE 30.BRAZIL GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)107
TABLE 31.TURKEY GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)109
TABLE 32.SOUTH AFRICA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)111
TABLE 33.REST OF LAMEA GEOGRID MARKET, BY APPLICATION 2018–2026 ($MILLION)113
TABLE 34.KEY NEW PRODUCT LAUNCHES (2016-2019)123
TABLE 35.KEY EXPANSIONS (2016-2019)124
TABLE 36.ACE GEOSYNTHETICS: COMPANY SNAPSHOT125
TABLE 37.ACE GEOSYNTHETICS: PRODUCT PORTFOLIO126
TABLE 38.GLEN RAVEN: COMPANY SNAPSHOT128
TABLE 39.GLEN RAVEN: PRODUCT PORTFOLIO128
TABLE 40.HUESKER: COMPANY SNAPSHOT129
TABLE 41.HUESKER: PRODUCT PORTFOLIO130
TABLE 42.HUESKER: KEY STRATEGIC MOVES AND DEVELOPMENTS131
TABLE 43.LOW & BONAR: COMPANY SNAPSHOT133
TABLE 44.LOW & BONAR: OPERATING SEGMENTS133
TABLE 45.LOW & BONAR: PRODUCT PORTFOLIO134
TABLE 46.OVERALL FINANCIAL STATUS ($MILLION)135
TABLE 47.MACCAFERRI GROUP: COMPANY SNAPSHOT138
TABLE 48.MACCAFERRI GROUP: PRODUCT PORTFOLIO138
TABLE 49.OVERALL FINANCIAL STATUS ($MILLION)139
TABLE 50.NAUE GROUP: COMPANY SNAPSHOT140
TABLE 51.NAUE GROUP: PRODUCT PORTFOLIO141
TABLE 52.NAUE GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS141
TABLE 53.TENAX: COMPANY SNAPSHOT142
TABLE 54.TENAX: PRODUCT PORTFOLIO143
TABLE 55.TEN CATE: COMPANY SNAPSHOT144
TABLE 56.TEN CATE: OPERATING SEGMENTS145
TABLE 57.TENCATE: PRODUCT PORTFOLIO145
TABLE 58.OVERALL FINANCIAL STATUS ($MILLION)146
TABLE 59.TENSAR: COMPANY SNAPSHOT148
TABLE 60.TENSAR: PRODUCT PORTFOLIO149
TABLE 61.TENSAR: KEY STRATEGIC MOVES AND DEVELOPMENTS150
TABLE 62.WREKIN: COMPANY SNAPSHOT152
TABLE 63.WREKIN: PRODUCT PORTFOLIO152
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS25
FIGURE 02.TOP INVESTMENT POCKETS32
FIGURE 03.MODERATE BARGAINING POWER OF SUPPLIERS35
FIGURE 04.HIGH THREAT OF NEW ENTRANTS36
FIGURE 05.HIGH THREAT OF SUBSTITUTES37
FIGURE 06.LOW COMPETITIVE RIVALRY38
FIGURE 07.HIGH BARGAINING POWER OF BUYERS39
FIGURE 08.VALUE CHAIN ANALYSIS40
FIGURE 09.PATENT ANALYSIS42
FIGURE 10.PARENT PEER MARKET OVERVIEW43
FIGURE 11.GEOGRID MARKET DYNAMICS44
FIGURE 12.GLOBAL GEOGRID MARKET REVENUE, BY APPLICATION ($MILLION)48
FIGURE 13.COMPARATIVE ANALYSIS OF GEOGRID MARKET FOR ROAD INDUSTRY, BY COUNTRY, 2018 VS 2026 ($MILLION)52
FIGURE 14.COMPARATIVE ANALYSIS OF GEOGRID MARKET FOR RAILROAD STABILIZATION, BY COUNTRY, 2018 VS 2026 ($MILLION)55
FIGURE 15.COMPARATIVE ANALYSIS OF GEOGRID MARKET FOR SOIL REINFORCEMENT, BY COUNTRY, 2018 VS 2026 ($MILLION)58
FIGURE 16.COMPARATIVE ANALYSIS OF GEOGRID MARKET FOR OTHERS, BY COUNTRY, 2018 VS 2026 ($MILLION)61
FIGURE 17.U.S. GEOGRID MARKET REVENUE (2018-2026) ($MILLION)67
FIGURE 18.CANADA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)69
FIGURE 19.MEXICO GEOGRID MARKET REVENUE (2018-2026) ($MILLION)71
FIGURE 20.GERMANY GEOGRID MARKET REVENUE (2018-2026) ($MILLION)76
FIGURE 21.FRANCE GEOGRID MARKET REVENUE (2018-2026) ($MILLION)78
FIGURE 22.ITALY GEOGRID MARKET REVENUE (2018-2026) ($MILLION)80
FIGURE 23.SPAIN GEOGRID MARKET REVENUE (2018-2026) ($MILLION)82
FIGURE 24.UK GEOGRID MARKET REVENUE (2018-2026) ($MILLION)84
FIGURE 25.REST OF EUROPE GEOGRID MARKET REVENUE (2018-2026) ($MILLION)86
FIGURE 26.CHINA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)91
FIGURE 27.JAPAN GEOGRID MARKET REVENUE (2018-2026) ($MILLION)93
FIGURE 28.INDIA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)95
FIGURE 29.SOUTH KOREA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)97
FIGURE 30.AUSTRALIA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)99
FIGURE 31.REST OF ASIA-PACIFIC GEOGRID MARKET REVENUE (2018-2026) ($MILLION)101
FIGURE 32.BRAZIL GEOGRID MARKET REVENUE (2018-2026) ($MILLION)106
FIGURE 33.TURKEY GEOGRID MARKET REVENUE (2018-2026) ($MILLION)108
FIGURE 34.SOUTH AFRICA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)110
FIGURE 35.REST OF LAMEA GEOGRID MARKET REVENUE (2018-2026) ($MILLION)112
FIGURE 36.MARKET PLAYER POSITIONING, 2018115
FIGURE 37.TOP WINNING STRATEGIES, BY YEAR, 2016–2019117
FIGURE 38.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019 (%)118
FIGURE 39.TOP WINNING STRATEGIES, BY COMPANY, 2016–2019119
FIGURE 40.APPLICATION MATRIX OF TOP 10 PLAYERS120
FIGURE 41.COMPETITIVE DASHBOARD121
FIGURE 42.COMPETITIVE HEATMAP OF KEY PLAYERS122
FIGURE 43.LOW & BONAR: NET SALES, 2016–2018 ($MILLION)135
FIGURE 44.LOW & BONAR: REVENUE SHARE BY SEGMENT, 2018 (%)136
FIGURE 45.LOW & BONAR: REVENUE SHARE BY REGION, 2018 (%)136
FIGURE 46.MACCAFERRI GROUP: REVENUE, 2016–2018 ($MILLION)139
FIGURE 47.TENCATE: REVENUE, 2016–2018 ($MILLION)146
FIGURE 48.TENCATE: REVENUE SHARE BY SEGMENT, 2018 (%)147
According to the perspectives of CXOs of leading companies, the popularity of geogrid is expected to witness a significant increase in both the developed and the developing economies during the forecast period in response to the increasing several infrastructural activities. Some of the factors such as increase in the infrastructure development activities, reduction in maintenance cycle & cost and superior properties associated with geogrid are driving the growth of the global geogrid market. However, lack of skilled workforce to handle or to design geogrid hampers the growth of the geogrid market globally. Amongst the several applications of geogrid, the road industry application currently holds the largest market share and is projected to maintain the same during the forecast period. According to the CXOs, the demand for geogrid is witnessing significant growth in all the regions, owing to its advantages such as easy handling, high tensile strength, light weight, and high temperature stability.
Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest revenue in the global geogrid market throughout the forecast period (2019-2026) followed by North America, Europe, and LAMEA. Asia-Pacific is expected to emerge as an attractive market during the forecast period because of the increase in the construction activities in the developing economies such as India, China, and others, and rising investment in the infrastructural developments.
A. In terms of revenue growth, the CAGR of the global geogrid market is 9.9% by 2026.
A. Increase in infrastructure development activities, superior properties associated with geogrids and reduction in maintenance cycles and cost are the key factors anticipated to drive the geogrid market.
A. The potential customers of the geogrid market are transportation, power, construction, and others.
A. On the basis of application, the road industry segment will drive the growth of the geogrid market owing to the increase in road construction activities across the globe.
A. The applications of the geogrid market are road industry, soil reinforcement, railroad stabilization, landslides, and others.
A. Top players in the geogrid market are ACE Geosynthetics, Glen Raven Inc., Huesker Synthetic GmbH, Low & Bonar PLC, Maccaferri Group-SECI SpA, Naue GmbH & Co. Kg, Tenax SPA, Koninklijke Ten Cate B.V., Tensar, and Wrek in Products.
A. In terms of revenue, the market size of geogrid market is anticipated to reach $1.8 billion by 2026, growing at CAGR of 9.9% from 2019 to 2026.
A. The company profiles of the global geogrid market have been selected on the basis of in depth product portfolio, wide geographic reach, and key industry developments.
Start reading instantly.
This Report and over 67,068+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Contact Details
Need to talk to an expert? Book your free consultation and let our research experts help you with your needs/problems.
Global Report 
Regional Report
Country Report
Related Report