Geosynthetics Market To Be Worth USD 22.11 Billion By 2027 | High Demand from Europe and North America will Drive the Industry Growth says, Reports and Data

New York, Jan. 18, 2021 (GLOBE NEWSWIRE) -- The global market for Geosynthetics is predicted to generate revenue of USD 22.11 Billion by the year 2027. Geosynthetics are mainly polymeric products, widely used in applications of construction and geotechnical engineering. They comprise of high-density polypropylene, polyethylene, and polyester. Geosynthetics are also crucial to several environmental, geotechnical, and hydraulic applications for being extremely durable, economical, and versatile materials. These materials can be integrated for serving as separators, reinforcements, barriers against gases and liquids, drainage facilitators, and filters. Moreover, it exhibits numerous outstanding physical properties, including strength, durability, and stiffness. Additionally, geosynthetics retain their exclusive properties even after being exposed to extreme cold temperatures or environmental conditions. They provide stability as well as strength to the underlying railway grounds and roads.

Rising acceptance of geosynthetics in several applications is promoting the overall industry’s growth. Various emerging countries are investing heavily in environmental and infrastructural projects, fueling market’s growth. Rising applications in wastewater treatment, regulatory support in the improvement of municipal facilities, and several projects undertaken by governments are other factors influencing the industry’s growth. Geosynthetics are highly preferred in landfill and filtration. The continuously surging demand for geosynthetics for dumping industrial, ordinary, and hazardous wastes safely is further propelling the sector’s growth.

Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/3111

Due to massive outbreak of COVID-19, production shutdowns and supply chain disruptions have resulted in a severe downturn for the overall transportation industry, which is a prominent consumer of geosynthetics, negatively impacting the geosynthetic sales. While the industry is expecting things to return to normal state before the end of the year 2020, negative shock in demand caused by the COVID crisis is anticipated to last.

Further key findings from the report suggest

• Geomembranes are extensively utilized in transportation, geotechnics, mining, roads, highway, agriculture, and several applications of water containment. Rising adoption of geomembranes in the application of managing wastewater has increased its consumption in past years.
• Geomembranes are the geosynthetics market’s largest segment. They are thin plastic or rubber’s waterproof sheets, used mainly for the purpose of covering in solid or liquid storage facilities. Thus, geomembrane’s primary function lies in serving as moisture barriers, consequently, captured the largest industry share in terms of function.
• The geotextiles sub-segment is growing at a fast pace, used in different filtering applications. These are made up of different synthetic fibers rather than other natural fibers, including silk, cotton, or wool.
• Geosynthetics are extensively utilized in the transport sector and is anticipated to increase its usage in the same industry in the coming years. They provide strength and stability to the ground beneath roadways and rails.
• These materials are widely used in different construction activities for strengthening infrastructure, limiting erosion, and controlling evaporation to promote the safety and longevity of structures.
• Robust growth in the North American market has resulted from the rapidly increasing construction activities.
• Key players include ACE Geosynthetics, DowDuPont, ACH Foam Technologies, Avintiv Inc., Agru America Inc., Belton Industries Inc., Carthage Mills, Bonar Corporation, CETCO, and Contech Engineered Solutions LLC.

Buy Your Copy Now (Customized Report Delivered as per Your Specific Requirement)@ https://www.reportsanddata.com/checkout-form/3111

For the purpose of this report, Reports and Data has segmented into the Global Geosynthetics Market on the basis of type, function, end-use industry, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

• Geotextile
• Geomembrane
• Geo-Composite
• Geosynthetic Liners and Others

Function Outlook (Revenue, USD Billion; 2017-2027)

• Separation
• Drainage
• Filtration
• Reinforcement
• Moisture Barrier

End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)

• Construction
• Transportation
• Environmental
• Others

Click on the link to read key highlights of the report and look at projected trends for years to come:   https://www.reportsanddata.com/report-detail/geosynthetics-market

Regional Outlook (Revenue, USD Billion; 2017-2027)

• North America

• U.S.

• Europe

• U.K.
• France

• Asia Pacific

• China
• India
• Japan

• Latin America

• Brazil

• Middle East & Africa

Take a Look at our Related Reports:

Agricultural Biostimulants Market Analysis By Type (Acid-based, Extract-based, Others), By Application (Soil, Foliar, Seed and Others) And Segment Forecasts, 2017-2026

Potash Fertilizers Market Share, Size & Analysis, By Product Type (Potassium Chloride, Potassium Nitrate, Sulfate of Potash), By Mode of Application (Foliar, Broadcasting, Fertigation), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses), 2017-2027

Seed Treatment Market Size, Share & Demand, By Type (Chemical Seed Treatment, Biological Seed Treatment), By Crop Type, By Application Technique, By Function And By Region, Forecasts To 2027

Biopesticides Market Size, Share & Analysis, By Product Type (Bioherbicides, Bioinsecticides, Bionematicides), By Crop Type, By Mode of Application, By Source, By Formulation, And By Region, Forecasts To 2027

Phosphate Fertilizer Market Demand, Share & Outlook, By Product Type (Superphosphate, Monoammonium Phosphate, Diammonium Phosphate), By Application, By Distribution Channel And By Region, Forecasts To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John Watson

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

LinkedIn | Twitter | Blogs

Read Full Press Release@ https://www.reportsanddata.com/press-release/global-geosynthetics-market