Geotextile Market Report

Geotextile Market Report, By Material Type - Synthetic, Natural, By Product Type - Nonwoven, Woven, Knitted, By Application and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 11357 | Publish Date : Upcoming | Industry : Consumer_Goods | Geography : Global


COVID-19 Impact Analysis on Global Geotextile Market 

The spread of the COVID-19 crisis has significantly impacted on almost every industry, including construction. The pandemic has resulted in half of several construction projects across the world and various nations have forced lockdowns, which have seriously impacted the supply chain of raw materials and products. Due to the lockdown and regulation activity, most of the industrial and commercial projects are commanded to shut down. The COVID-19 pandemic also disrupted the manufacturing sector owing to the closure of the production plant. All these factors hampered the growth of the global geotextile market. The effect of COVID-19 on the global geotextile market has witnessed losses due to declining sales and distribution. However, the demand for the market was expected from various applications in the post-pandemic, which will help the market to grow further. Post-COVID -19 pandemic, production is expected to rise to overcome the losses faced during the pandemic. With increasing road construction activity, the geotextile market in expected to witness a huge demand during the forecast period.

Market Overview- Global Geotextile Market

Market Driver

Increasing pavement life, and rehabilitation of highways, cost control and better lifespan of roads boost the geotextile market growth. Increased use of geotextile as one of the basic materials in the construction of roads, highways, flyovers, bridges and pavements for filtration and separation functions.  Geotextile helps to prevent migration and mingling of materials and allows free movement of water. Therefore, the geotextiles market is growing as an alternative for concrete in the road industry. Rising awareness of water conservation in the manufacturing sector is boosting market growth. Further, growing usage of geotextiles in the construction industry, increasing usage of geotextiles in mining activities and a stringent regulatory framework for environmental protection.

Market Restraint

The major factor hindering geotextile market growth is the susceptibility of geotextile to blockage. Furthermore, geotextiles are manufactured using synthetic fibers and any change in the demand and supply of raw material hinder the market growth. Also, fluctuations in prices of the raw materials affect the merging of manufacturers.

Market Opportunity

Rising awareness of water conservation in the manufacturing sector is a major opportunity for the geotextile market. Furthermore, growing consumption of bio-based geotextile created a great opportunity for the manufactures. Bio-based geotextile is made from various bio-based materials such as agricultural products and waste streams. These products are lightweight and reduce application and transportation costs.

Market Growth Challenge

The limited technical knowledge and expertise about geotextile in developing countries is a major challenge in the geotextile market. In developing countries, there is low awareness and construction standards do not have geotextile as a basic construction material.

Cumulative Growth Analysis

The report provides in-depth analysis of the global geotextile market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. An increase in demand for geotextile in road construction across the globe which boost the geotextile market. It is expected to witness a growth at a specific CAGR from 2022-2028.

Market Segmental Overview

The global geotextile market comprises of different market segment like material type, product, application, and geography. 

Geotextile Market by Material Type

The material types studied in the global geotextile market are synthetic and natural. The synthetic geotextile accounted for the largest share in the geotextile market. The synthetic geotextile uses polypropylene as a raw material which is cheaper than other raw materials, which makes it a preferred material especially for application in the construction industry. In 2021, polypropylene geotextile accounted for 57% share in 2021. The rising demand for polypropylene from emerging economies in major factor boosting the segment growth. Polypropylene geotextile offers excellent water flow rates and is mainly used for the filtration of soil fines, wrapping of perforated pipes.

Geotextile Market by Product Type

The product types studied in the global geotextile market are nonwoven, woven, and knitted. The nonwoven segment accounted for the largest share in the geotextile market.  The nonwoven geotextile dominates the market due to the material being cost-effective. Non-woven geotextiles are used in the construction of roads and drainage and for the prevention of erosion. The functional properties offered by the nonwoven products make them a preferred product for the construction industry. Moreover, increasing product demand for infrastructure development, including railways, roadways and bridges acting as a major factor to drive the non-woven geotextile product growth.

Geotextile Market by Application

The Geotextile market finds its applications in road constriction & pavement repair, erosion, drainage, railway work, agriculture. The road construction segment accounted for the largest share in the geotextile market. Due to increasing pavement life, repair and rehabilitation of highways and better lifespan of roads, increased demand for geotextile in road construction. Further, growing road construction activities in developing regions fuel the market growth.

Geotextile Market by Geography

The global geotextile market is studied for the following regions: North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia-pacific is likely to witness rising demand for geotextile across the country. The increased foreign investment in the emerging economies of the region has a positive impact on the global geotextile market. Countries such as China and India have accounted for a major share in the market. For instance, The National Green Highways mission in India is expected to boost the demand for geotextile in the country. Furthermore, rising megacities in China and India is expected to drive the geotextile market in the Asia-Pacific region. In 2020, the Chinese government announced an investment of about USD 503 billion for the expansion of the railway system in the country.  These growing construction activities in the Asia-Pacific region drive the demand for the geotextile market in the region.

Competitive Landscape Analysis 

The competitive landscape analysis of geotextile market is certainly based range of market players operating in the market with increasing demand for infrastructure development and rising investment in construction activity. Besides, number of market players offered wide range of products for different application in various geographic locations. The market has major competitive analysis based on new product launches as well as other developments. 

The key players studied in the market are, Koninklijke Tencate, Low & Bonar, Fibertex Nonwovens, Thrace Group, Huesker, Berry Global, Dupont, Strata Systems, Leggett & Platt, Officine Maccaferri, GSE Envirnmental, Kaytech, Mattex, NAUE, Propex Operating Company, Carthage Mills, Ashi Kasei advance corporation and among other.

Geotextile Market Summary

Increased application of geotextile roads, landfills, drainage structures, and harbors to enhance soil stabilization boosts the market growth.  The increased use of geotextile in construction activities as it offers high benefits in terms of economics, performance and durability. The growing environmental concerns regarding soil erosion is another major factor boosting the market growth. The geotextile is made up of synthetic and natural materials and these materials are permeable textile structures used primarily in construction applications.   The global geotextile market comprises different market segments like material type, product, application and geography.  The material types studied in the global geotextile market are synthetic and natural. The synthetic geotextile accounted for the largest share in the geotextile market. The product types studied in the global geotextile market are nonwoven, woven, and knitted. The nonwoven segment accounted for the largest share in the geotextile market. The Geotextile market finds its applications in, road constriction & pavement repair, erosion, drainage, railway work, agriculture.  The global geotextile market is studied for the following regions: North America, Europe, Asia-Pacific and Rest of the world (RoW).

Scope of the Report:

  • Market Sizing for Year: 2021-2028
  • Base Year: 2021
  • Forecast Period: 2022-2028
  • Value: USD million 
  • Market Segment studied: product, application and Geography.
  • Market Players and its Competitors: Koninklijke Tencate, Low & Bonar, Fibertex Nonwovens, Thrace Group, Huesker, Berry Global, Dupont, Strata Systems, Leggett & Platt, Officine Maccaferri, GSE Envirnmental, Kaytech, Mattex, NAUE, Propex Operating Company, Carthage Mills, Ashi Kasei advance corporation and among other.