Geosynthetics Market Research Report
The geomembranes segment accounted for around two-fifths of the global geosynthetics market share in 2020, and is expected to lead the trail by the end of 2030
PORTLAND, OREGON, UNITED STATES, July 27, 2023 /
EINPresswire.com/ -- The geomembranes segment accounted for around two-fifths of the global
geosynthetics market share in 2020, and is expected to lead the trail by the end of 2030, due to its extensive use in various end use applications. The geogrids segment, on the other hand, would cite the fastest CAGR of 12.1% from 2021 to 2030.
The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porterโs Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐:
https://www.alliedmarketresearch.com/geosynthetics-market/purchase-options
The water/wastewater management segment contributed to around two-fifths of the global geosynthetics market revenue in 2020, and is projected to dominate by 2030. This is attributed to the fact that the demand for wastewater is more likely to increase in the future owing to increasing population and industrialization. The energy segment, however, would grow at the fastest CAGR of 13.0% from 2021 to 2030. As renewable energy sites expand across the globe, the demand for geosynthetics is also expected to increase to a significant extent. This factor propels the segment growth
This makes it important to understand the practical implications of the Geosynthetics market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extension analysis of untapped segments to benefit the market players and new entrants to gain the market share.
Asia-Pacific, followed by North America, garnered the highest share in 2020, holding more than one-third of the global geosynthetics market. The same region would also showcase the fastest CAGR of 13.3% during the forecast period. This is because factors such as rising construction and infrastructural developments in China and India have increased the demand for geosynthetics in the province.
๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐:
The report provides the SWOT analysis of the key market players AGRU, Freudenberg Group, HUESKER Group, Maccaferri S.p.A., NAUE GmbH & Co. KG, PRS Geo-Technologies, Schouw & Co., Solmax, TENAX Group, and Tensar International Corporation. which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.
Rise in demand for geosynthetics in the transportation and energy sector and cost-effectiveness of the product drive the growth of the global geosynthetics market. On the other hand, volatility in petrochemical prices restrains the growth to some extent. However, surge in demand for sustainable products in developing economies is expected to create lucrative opportunities in the industry.
๐๐๐๐ ๐
๐๐ ๐๐๐ ๐๐๐๐๐๐:
The current situation of pandemic makes it very important for the stakeholders in the Geosynthetics market to understand the market deeply, which will help them in taking sound decisions, to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.
According to the report, the global geosynthetics industry was estimated at $13.2 billion in 2020, and is anticipated to hit $37.9 billion by 2030, registering a CAGR of 11.2% from 2021 to 2030.
๐๐๐ ๐๐
๐
๐๐๐๐๐๐ ๐๐
๐๐๐ ๐๐๐๐๐๐:
Key drivers & Opportunities: An extensive analysis on key factors and opportunities available in different segments for strategizing.
Current trends & forecasts: A comprehensive analysis on latest trends, and forecasts for next few years to frame strategic decisions as a next step.
Segmental analysis: An extensive analysis of each segment and driving factors such as revenue and growth rate is offered.
Regional Analysis: A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.
Competitive Landscape: Useful insights on each of the leading market players for outlining competitive scenario and related strategies have been offered in the report.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐
๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.alliedmarketresearch.com/request-sample/6752
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Allied Market Research
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn