Geosynthetics Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021-2027

In 2020, the global Geosynthetics market size was US$ 13960 million and it is expected to reach US$ 21920 million by the end of 2027, with a CAGR of 6.7% during 2021-2027. The geosynthetics market is expected to be driven by the increasing use of geosynthetics in a variety of civil, geotechnical, transportation, geoenvironmental, hydraulic, and private development applications such as roads, airfields, embankments, retaining structures, reservoirs, canals, dams, erosion control, sediment control, landfill liners, landfill covers, mining, aquaculture, and agriculture.

Geosynthetics is the term coined to describe a class of synthetic materials that has been developed for geotechnical applications. They are widely used in construction, containment, drainage systems, soil reinforcement and erosion, and transportation

Strict regulatory standards limiting the usage of geosynthetics for silt barrier and sediment management to decrease erosion are projected to boost geosynthetics market growth in the United States. Furthermore, the United States Environmental Protection Agency (EPA) has mandated the use of geosynthetics in landfills under the Resource Conservation and Recovery Act (RCRA).

The growing number of construction activities around the world, particularly in emerging countries, is predicted to propel the Geosynthetics Market forward. Geosynthetics are used in Civil Engineering and Construction Works for soil reinforcement structure, basal reinforcement to support the soil reinforcement structure, separation between in-situ and imported soil to avoid mixing and reducing mechanical performance, filtration behind all hydraulic structures, drainage control at the top 8 m to collect any seepage water coming from the other hemispheres, and filtration behind all hydraulic structures.

In addition, fast population expansion and urbanization are contributing to rising solid and liquid waste volumes around the world. Waste and water management measures are becoming increasingly important as people become more environmentally conscious. Geosynthetics are commonly used in various water management activities as a result of increased public concern about serious and widespread water contamination. This, in turn, is likely to propel the Geosynthetics Market forward. Geosynthetics are used as landfill toppers to reduce fluid migration into landfills by reducing or eliminating post-closure leachate development and associated treatment costs. Geosynthetics liner systems are used in wastewater treatment lagoons to protect water resources such as lakes, rivers, ponds, aquifers, and reservoirs, which is expected to increase demand for geosynthetics throughout the projected period.

The geosynthetics market is likely to be driven by the increased use of geosynthetics in the transportation industry. Geosynthetics are extensively utilized in the transportation industry to offer stability and strength to the underlying soil in railway tracks and roadways. Geogrids have been used for soil reinforcement in embankments and walls, as well as subgrade stabilization and embankment base reinforcement. Geogrids are made up of integrally connected units with uniformly distributed in-plane openings. The holes allow the soil to fill in the gaps between the elements, enhancing soil contact and allowing for unrestricted vertical drainage. All of these uses are applicable to railroad track building and rehabilitation as well as highway development and repair

Asia-Pacific is the largest geosynthetics market, accounting for about 40% of total sales, followed by North America and Europe, which account for about 50% of total sales. Over the projected period, increased demand for oil reinforcement in the foundation construction of residential buildings in the emerging economies of China and India is expected to boost the regional market.

Geotextiles are the largest product group, accounting for over 60% of the market. Geotextiles are used in a variety of geotechnical engineering applications, including heavy construction, buildings, pavement construction, hydrogeology, and environmental engineering. They can be used for drainage and erosion control, pavement and repair, soil reinforcement and stability, embankments, asphalt overlays, and other applications.

Based on application, the largest application is Building, followed by Roads and Bridges, Agriculture, Dam, etc.

Global Geosynthetics key players include Solmax , Propex,Koninklijke TenCate, etc. Global top three players hold a share of about 10%.

• Solmax
• Propex
• Koninklijke TenCate
• Geofabrics Australasia
• DuPont
• Huesker
• NAUE
• Tensar International
• Freudenberg Group
• Enviro Geosynthetics
• Tenax
• ACE Geosynthetics
• Feicheng Lianyi
• Taian Modern Plastic
• Shandong Hongxiang New Geo-Material

• Geotextiles
• Geomembranes
• Geogrids
• Others 

Geosynthetics Market by Application

• Building
• Roads and Bridges
• Agriculture
• Dam
• Others