Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A06646 | Pages: 104 | Charts: 32 | Tables: 37 |
The North America geogrid market size was valued at $282.0 million in 2019, and is anticipated to generate $408.3 million by 2027. The market is projected to experience growth at a CAGR of 7.0% from 2020 to 2027.
[COVIDIMPACTSTATEMENT]
Geogrid is a type of geosynthetic material made from polymers such as polyester, polyethylene, polypropylene, and others. It is increasingly used in the civil applications as a reinforcing or stabilizing material. Retaining walls, dams, steep slopes, and other structures are the areas of soil reinforcements where geogrid is used. It can be used for stabilizing material in the pavements of the roads, railroads, and other areas. In addition, geogrid can also be used as a separator layer reducing the inclusion of the material into a soft sub-grade.
Get more information on this report : Request Sample Pages
Increase in the demand from the construction and building infrastructure industry fuels the growth of the geogrid market. In North America, the U.S. is investing in upgrading the infrastructure, which results in the growth of the geogrid market in this region. In addition, Mexico transportation sector is growing at a significant rate, owing to increase in road construction activities. The use of geogrid in pavements, soil reinforcement, and road industry reduces the maintenance cost and cycles, which is the key factor that propels the growth of the geogrid market in this sector. 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. As compared to metallic reinforced soil construction facing panels, geogrid is 30% to 50% cost-effective. Besides this, the maintenance cost associated with geogrid is almost negligible. This leads to increased adoption of geogrid material in soil reinforcement, railroad, and road construction applications. The cost-effectiveness associated with geogrid is anticipated to further drive its demand and its impact is expected to be significant on the market during the forecast period.
The North America geogrid market is segmented on the basis of type, application, and region. On the basis of type, the market is bifurcated into uniaxial and biaxial. By application, the market is segmented into road industry, rail road stabilization, soil reinforcement, and others. Based on country, the market is analyzed across the U.S., Canada, and Mexico.
Top players in the market are investing huge capital in R&D activities to develop enhanced products to cater to the current demands. Some of the major players in the geogrid market are Tensar Corporation, Carthage Mills, Properx Operating Company, Strata System, Maccaferri, Tdm Group, Tencate Geosynthetics, Synteen Technical Fabrics, Huesker US, and Layfield Group. Ltd.
[PRODUCTTYPEGRAPH]
Get more information on this report : Request Sample Pages
By type, the biaxial segment dominated the market in 2019, and is projected to remain the fastest-growing segment. Biaxial geogrids find applications in paved and unpaved roads, industrial yards, foundation reinforcement, working platforms, and car parks. Such applications increase the demand for biaxial geogrids.
[APPLICATIONGRAPH]
Get more information on this report : Request Sample Pages
By application, the road industry segment accounted for around 36.8% of the North America geogrids market share. This is owing to increase in road construction projects across the region, which boosts the demand for geogrid to strengthen the pavement support layers. Pavement support layers such as subgrade or subbase can be strengthened with the use of polymeric material geogrid, owing to its high tensile strength.
[REGIONGRAPH]
Get more information on this report : Request Sample Pages
By country, US is projected to be the mature market and Canada is projected to propel with significant growth rate. Canada is a developed country in the region and has registered a significant share in the North America geogrid market. It is also expected to grow fastest during the forecast period. The increased investments in the construction and public infrastructure drives the growth of the geogrid market in the country.
Key Benefits For Stakeholders
North America is the most affected region during the COVID-19 outbreak. It recorded the highest number of infected people and higher fatalities. U.S. alone has the highest number of COVID-19 affected people. The outbreak has impacted the demand-supply chain as many production houses have halted operations. Moreover, the fear for the disease has also made people to stay at home and deny going to offices and workplace.
Since the pandemic, the prices of crude oil have soared. Moreover, the availability of raw materials due to disruption in supply demand chain has led to hike in prices of limited stock available in the market. Thus, COVID-19 has led to increase in prices for the geogrids.
Key Market Segments
Key Market Players
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 of the study
2.2.CXO perspective
CHAPTER 3:MARKET LANDSCAPE
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.2.2.Porter's five forces analysis
3.3.Patent analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Increase in infrastructure activities
3.4.1.2.Reduction in maintenance cycles and costs
3.4.1.3.Superior properties associated with geogrid
3.4.2.Restraint
3.4.2.1.Lack of skilled workers
3.4.3.Opportunity
3.4.3.1.Increase in awareness and surge in number of R&D activities
3.5.Value chain analysis
3.6.Parent Peer Market
3.7.Impact of COVID-19 on the North America geogrid market
3.7.1.Supply-Demand Imbalance
3.7.2.Price Fluctuation
3.7.3.Geopolitical Barriers
3.7.4.Affected Trade Affairs
CHAPTER 4:NORTH AMERICA GEOGRID MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Uniaxial
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market share analysis, by country
4.3.Biaxial
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market share analysis, by country
CHAPTER 5:NORTH AMERICA GEOGRID MARKET, BY APPLICATION
5.1.Overview
5.1.1.Market size and forecast
5.2.Road industry
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market share analysis, by country
5.3.Rail road stabilization
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market share analysis, by country
5.4.Soil Reinforcement
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market share analysis, by country
5.5.Others
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market share analysis, by country
CHAPTER 6:NORTH AMERICA GEOGRID MARKET, BY REGION
6.1.Overview
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by application
6.2.4.Market size and forecast, by country
6.2.5.U.S.
6.2.5.1.Market size and forecast, by type
6.2.5.2.Market size and forecast, by application
6.2.6.Canada
6.2.6.1.Market size and forecast, by type
6.2.6.2.Market size and forecast, by application
6.2.7.Mexico
6.2.7.1.Market size and forecast, by type
6.2.7.2.Market size and forecast, by application
CHAPTER 7:COMPETITIVE LANDSCAPE
7.1.Introduction
7.1.1.Market player positioning, 2019
7.2.Product mapping of top 10 player
7.3.Competitive heatmap
7.4.Key developments
7.4.1.New product launches
7.4.2.Business expansion
CHAPTER 8:COMPANY PROFILES
8.1.SYNTEEN TECHNICAL FABRICS
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio
8.2.CARTHAGE MILLS
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.3.MACCAFERRI INC.
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.3.1.Business performance
8.4.Huesker US
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.5.PROPEX OPERATING COMPANY, LLC
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.6.STRATA SYSTEMS, INC.
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.7.TDM GROUP
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.8.TENCATE GEOSYNTHETICS AMERICAS
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance
8.9.TENSAR CORPORATION
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio
8.9.4.Key strategic moves and developments
8.10.LAYFIELD GROUP. LTD.
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
LIST OF TABLES
TABLE 01.NORTH AMERICA GEOGRID MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.NORTH AMERICA GEOGRID MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 03.NORTH AMERICA GEOGRID MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 04.NORTH AMERICA GEOGRID MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 05.NORTH AMERICA NORTH AMERICA GEOGRID MARKET, BY COUNTRY 2019–2027 ($MILLION)
TABLE 06.U.S. GEOGRID MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 07.U.S. GEOGRID MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 08.CANADA GEOGRID MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 09.CANADA GEOGRID MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 10.MEXICO GEOGRID MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 11.MEXICO GEOGRID MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 12.KEY NEW PRODUCT LAUNCHES (2016-2018)
TABLE 13.KEY BUSINESS EXPANSION (2016-2018)
TABLE 14.BROCK WHITE: COMPANY SNAPSHOT
TABLE 15.BROCK WHITE: PRODUCT PORTFOLIO
TABLE 16.CARTHAGE MILLS: COMPANY SNAPSHOT
TABLE 17.CARTHAGE MILLS: PRODUCT PORTFOLIO
TABLE 18.MACCAFERRI: COMPANY SNAPSHOT
TABLE 19.MACCAFERRI: PRODUCT PORTFOLIO
TABLE 20.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 21.NILEX: COMPANY SNAPSHOT
TABLE 22.NILEX: PRODUCT PORTFOLIO
TABLE 23.PROPEX: COMPANY SNAPSHOT
TABLE 24.PROPEX: PRODUCT PORTFOLIO
TABLE 25.STRATA SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 26.STRATA SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 27.TDM GROUP: COMPANY SNAPSHOT
TABLE 28.TDM GROUP: PRODUCT PORTFOLIO
TABLE 29.TENCATE: COMPANY SNAPSHOT
TABLE 30.SANY: OPERATING SEGMENTS
TABLE 31.TENCATE: PRODUCT PORTFOLIO
TABLE 32.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 33.TENSAR: COMPANY SNAPSHOT
TABLE 34.TENSAR: PRODUCT PORTFOLIO
TABLE 35.TENSAR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 36.LAYFIELD GROUP. LTD.: COMPANY SNAPSHOT
TABLE 37.LAYFIELD GROUP. LTD.: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.HIGH THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.PATENT ANALYSIS FOR UNIAXIAL GEOGRID
FIGURE 11.PATENT ANALYSIS FOR BIAXIAL GEOGRID
FIGURE 13.GEOGRID MARKET DYNAMICS
FIGURE 14.GEOGRID MARKET DYNAMICS
FIGURE 15.PARENT PEER MARKET
FIGURE 16.NORTH AMERICA GEOGRID MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF NORTH AMERICA GEOGRID MARKET FOR BIAXIAL, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF NORTH AMERICA GEOGRID MARKET FOR UNIAXIAL, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.NORTH AMERICA GEOGRID MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF NORTH AMERICA GEOGRID MARKET FOR ROAD INDUSTRY, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF NORTH AMERICA GEOGRID MARKET FOR RAIL ROAD STABILIZATION, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF NORTH AMERICA GEOGRID MARKET FOR SOIL REINFORCEMENT, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF NORTH AMERICA GEOGRID MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 24.U.S. REVENUE FOR GEOGRID MARKET 2019–2027, ($MILLION)
FIGURE 25.CANADA REVENUE FOR GEOGRID MARKET 2019–2027, ($MILLION)
FIGURE 26.MEXICO REVENUE FOR GEOGRID MARKET 2019–2027, ($MILLION)
FIGURE 27.MARKET PLAYER POSITIONING, 2019
FIGURE 28.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 29.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 30.MACCAFERRI GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 31.TENCATE: REVENUE, 2016–2018 ($MILLION)
FIGURE 32.TENCATE: REVENUE SHARE BY SEGMENT, 2018 (%)
