Title: Geogrid Market - Forecast(2022 - 2027)
1Geogrid Market - Forecast(2022 - 2027)
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- The Geogrid market size is forecast to reach 1.4
billion by 2025, after growing at the CAGR of
9.2 over the forecast period from 2020-2025. - The growing use of geogrids in the emerging
economies such as China and India rising
infrastructure investments and increasing road
maintenance activities across the globe are the
major factors anticipated to drive the global
geogrid market. - The ever-growing development of transportation
sector is favoring the future growth and value of
this market along with the infrastructure
developmental activities which enriches its worth
and emerging trends like adoption of natural
geogrid.
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- Key Takeaways from this Report
- The Asia-Pacific region is expected to dominate
the market for geogrids during the forecast
period owing to increasing road construction
activities in developing countries, such as India
and China. - The demand for the geogrid market increasing due
to its light weight, tensile strength, high load
bearing capacity, highly versatile and low
maintenance requirements. - Increasing RD activities in terms of new product
developments is further creating opportunity for
geogrid.
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By Distribution Channel- Segment Analysis Roads
and highways segment dominated the geogrid market
in 2019. Rising investment in road
infrastructure, growing road maintenance
activities, and rising adoption of geogrid in
roads and highways are the major factor boosting
the geogrid demand in roads and highways
application segment. The various governments
taking initiatives to improve the infrastructure
is the primary factor boosting the geogrid
demand. For instance, in April 2020, The Indian
Government set a target of road construction
worth 212.80 billion over the two years.
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- Geogrid Market Industry Outlook
- Tensar
- HUSKER
- ACE geosynthetics
- Maccaferri
- Naue Geosynthetics and others.
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Geogrid Market - Forecast(2021 - 2026) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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