The IMARC Group provides extensive analysis of the geogrid industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on Geogrid market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by species, size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
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Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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Geogrids represent planar polymeric structures manufactured with polyethylene (PET), polypropylene (PP), high-density polyethylene (HDPE), aramid (AR), etc. They consist of regular open networks of integrally connected tensile elements generally linked by extrusion, bonding, interlacing, etc. Besides this, these structures provide a cost-effective solution for high resistance against chemicals, ultraviolet (UV) radiation, mechanical damage, biological degradation, etc. As a result, geogrids are used in filtration, reinforcement functions, stabilization, etc., commonly for airport runways, haul roads, parking lots, retaining walls, embankments on soft soils, etc.
Market Trends:
The expanding construction industry, along with the rising construction at sites with unfavorable soil conditions, is primarily driving the global geogrid market. Furthermore, due to increasing environmental concerns, the governing bodies across several countries are collaborating with non-governmental organizations (NGOs) to introduce awareness campaigns to prevent soil erosion. This is positively impacting the sales of geogrids for enhancing performance, structural integrity, the foundation of railroad beds, etc. Various other factors, including the utilization of geogrids as an alternative to lime stabilization for sulfate-containing heavy clays, are further expected to bolster the market growth in the coming years.
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- ACE Geosynthetics Enterprise Co. Ltd.
- Carthage Mills Inc.
- HUESKER Synthetic GmbH
- Koninklijke Ten Cate B.V.
- NAUE GmbH & Co. KG
- Propex Operating Company LLC
- S i A Pietrucha Sp. z o.o.
- Taian Modern Plastics Co. Ltd
- Tensar International Corporation
- Thrace Group
- Wrekin Products Ltd
Geogrid Market Segmentation:
Our report has categorized the market based on region, type and application.
Breakup by Type:
- Uniaxial Geogrid
- Biaxial Geogrid
- Triaxial Geogrid
Breakup by Application:
- Road Industry
- Railroad Stabilization
- Soil Reinforcement
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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