Geogrids Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global geogrids market is experiencing remarkable growth driven by widespread urbanization, beautification initiatives across national highways, and road development projects. Manufacturers in the road construction sector are increasingly demanding materials that can achieve excellence in road construction, leading to high-value business outcomes for the geogrids market. Geogrids play a crucial role in reducing construction costs, enhancing resistance and durability, and supporting sustainable development goals. Moreover, they find applications in soil stabilization, bridge construction, and civil engineering projects. Recognizing the economic potential of geogrids, industry leaders are expected to forge robust partnerships and invest in research and development to strengthen the supply of geogrids in international markets. The collective force of these trends is set to propel tremendous expansion in the geogrids market.

Infrastructure Development Projects to Create Fresh Revenue Streams

Global economies are actively pursuing the development of smart cities, nationwide urbanization, and sustainable construction practices, leading to a surge in road construction and demand for related materials. In this context, the global geogrids market has witnessed promising business prospects, prompting manufacturers to increase investments in this sector. Geogrids enable the transfer of forces to a large area of soil, reducing rutting damage, improving distribution of traffic loads, and lowering maintenance costs. These favorable factors are expected to drive the demand for geogrids in road construction projects, resulting in a steady inflow of revenue for the geogrids market.

Biaxial Geogrids to Witness Soaring Demand

Among the types of geogrids, biaxial geogrids are projected to experience increased demand during the assessment period. These geogrids find extensive application in road construction due to their benefits such as higher tensile strength, superior load-bearing capacity, optimal junction strength, greater stretch resistance, higher durability, and better resistance to chemical damage. Biaxial geogrids are not only essential in road construction but also in soil stabilization, sub-base reinforcement, foundation engineering, and the construction of flyovers. Consequently, biaxial geogrids are poised to dominate the global geogrids market in terms of market volume by the end of the forecast period.

Asia Pacific: Key Emerging Player

The Asia Pacific region is set to emerge as a highly promising market for geogrids. Both developed and emerging economies in the region, such as India, China, Japan, and Singapore, are expected to significantly contribute to the expansion of the geogrids market. Steady pursuit of road construction projects, favorable government policies supporting smart city development, and increased strategic partnerships are expected to drive growth in APAC's geogrids market. The robust expansion of APAC's geogrids market is set to positively influence revenue generation in the global geogrids market.

Major Market Players

Prominent players in the global geogrids market include: Officine Maccaferri Spa, TENAX SPA, Tensar International Corporation, Hueskar Inc., Colbond Inc., Techfab India, TenCate Geosynthetics Asia Sdn Bhd., and NAUE GmbH & Co. Kg.

1. Executive Summary

1.1. Global Geogrids Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
  - 2.2.1.1. Driver A
  - 2.2.1.2. Driver B
  - 2.2.1.3. Driver C
- 2.2.2. Restraints
  - 2.2.2.1. Restraint 1
  - 2.2.2.2. Restraint 2
- 2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
- 2.5.1. Pre-covid and Post-covid Scenario
- 2.5.2. Supply Impact
- 2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE

3. Production Output and Trade Statistics, 2018 - 2022

3.1. Regional Production Statistics
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East & Africa
3.2. Trade Statistics

4. Price Trends Analysis and Future Projects, 2018 - 2030

4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Product
4.4. By Region

5. Global Geogrids Market Outlook, 2018 - 2030

5.1. Global Geogrids Market Outlook, by Material, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Polypropylene
  - 5.1.1.2. Polyester
  - 5.1.1.3. Polyethylene
  - 5.1.1.4. Misc.
5.2. Global Geogrids Market Outlook, by Product, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. Uniaxial
  - 5.2.1.2. Biaxial
  - 5.2.1.3. Multiaxial
5.3. Global Geogrids Market Outlook, by Application, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. Railroad Stabilization
  - 5.3.1.2. Wall Retention
  - 5.3.1.3. Erosion Control
  - 5.3.1.4. Road Improvements
  - 5.3.1.5. Misc.
5.4. Global Geogrids Market Outlook, by Region, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 5.4.1. Key Highlights
  - 5.4.1.1. North America
  - 5.4.1.2. Europe
  - 5.4.1.3. Asia Pacific
  - 5.4.1.4. Latin America
  - 5.4.1.5. Middle East & Africa
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. North America Geogrids Market Outlook, 2018 - 2030

6.1. North America Geogrids Market Outlook, by Material, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Polypropylene
  - 6.1.1.2. Polyester
  - 6.1.1.3. Polyethylene
  - 6.1.1.4. Misc.
6.2. North America Geogrids Market Outlook, by Product, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. Uniaxial
  - 6.2.1.2. Biaxial
  - 6.2.1.3. Multiaxial
6.3. North America Geogrids Market Outlook, by Application, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. Railroad Stabilization
  - 6.3.1.2. Wall Retention
  - 6.3.1.3. Erosion Control
  - 6.3.1.4. Road Improvements
  - 6.3.1.5. Misc.
6.4. North America Geogrids Market Outlook, by Country, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 6.4.1. Key Highlights
  - 6.4.1.1. U.S.
  - 6.4.1.2. Canada
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Geogrids Market Outlook, 2018 - 2030

7.1. Europe Geogrids Market Outlook, by Material, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Polypropylene
  - 7.1.1.2. Polyester
  - 7.1.1.3. Polyethylene
  - 7.1.1.4. Misc.
7.2. Europe Geogrids Market Outlook, by Product, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. Uniaxial
  - 7.2.1.2. Biaxial
  - 7.2.1.3. Multiaxial
7.3. Europe Geogrids Market Outlook, by Application, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 7.3.1. Key Highlights
  - 7.3.1.1. Railroad Stabilization
  - 7.3.1.2. Wall Retention
  - 7.3.1.3. Erosion Control
  - 7.3.1.4. Road Improvements
  - 7.3.1.5. Misc.
7.4. Europe Geogrids Market Outlook, by Country, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 7.4.1. Key Highlights
  - 7.4.1.1. Germany
  - 7.4.1.2. France
  - 7.4.1.3. U.K.
  - 7.4.1.4. Italy
  - 7.4.1.5. Spain
  - 7.4.1.6. Russia
  - 7.4.1.7. Rest of Europe
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Geogrids Market Outlook, 2018 - 2030

8.1. Asia Pacific Geogrids Market Outlook, by Material, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Polypropylene
  - 8.1.1.2. Polyester
  - 8.1.1.3. Polyethylene
  - 8.1.1.4. Misc.
8.2. Asia Pacific Geogrids Market Outlook, by Product, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. Uniaxial
  - 8.2.1.2. Biaxial
  - 8.2.1.3. Multiaxial
8.3. Asia Pacific Geogrids Market Outlook, by Application, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. Railroad Stabilization
  - 8.3.1.2. Wall Retention
  - 8.3.1.3. Erosion Control
  - 8.3.1.4. Road Improvements
  - 8.3.1.5. Misc.
8.4. Asia Pacific Geogrids Market Outlook, by Country, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 8.4.1. Key Highlights
  - 8.4.1.1. China
  - 8.4.1.2. Japan
  - 8.4.1.3. South Korea
  - 8.4.1.4. India
  - 8.4.1.5. Southeast Asia
  - 8.4.1.6. Rest of Asia Pacific
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Geogrids Market Outlook, 2018 - 2030

9.1. Latin America Geogrids Market Outlook, by Material, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 9.1.1. Key Highlights
  - 9.1.1.1. Polypropylene
  - 9.1.1.2. Polyester
  - 9.1.1.3. Polyethylene
  - 9.1.1.4. Misc.
9.2. Latin America Geogrids Market Outlook, by Product, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 9.2.1. Key Highlights
  - 9.2.1.1. Uniaxial
  - 9.2.1.2. Biaxial
  - 9.2.1.3. Multiaxial
9.3. Latin America Geogrids Market Outlook, by Application, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 9.3.1. Key Highlights
  - 9.3.1.1. Railroad Stabilization
  - 9.3.1.2. Wall Retention
  - 9.3.1.3. Erosion Control
  - 9.3.1.4. Road Improvements
  - 9.3.1.5. Misc.
9.4. Latin America Geogrids Market Outlook, by Country, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 9.4.1. Key Highlights
  - 9.4.1.1. Brazil
  - 9.4.1.2. Mexico
  - 9.4.1.3. Rest of Latin America
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Geogrids Market Outlook, 2018 - 2030

10.1. Middle East & Africa Geogrids Market Outlook, by Material, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 10.1.1. Key Highlights
  - 10.1.1.1. Polypropylene
  - 10.1.1.2. Polyester
  - 10.1.1.3. Polyethylene
  - 10.1.1.4. Misc.
10.2. Middle East & Africa Geogrids Market Outlook, by Product, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 10.2.1. Key Highlights
  - 10.2.1.1. Uniaxial
  - 10.2.1.2. Biaxial
  - 10.2.1.3. Multiaxial
10.3. Middle East & Africa Geogrids Market Outlook, by Application, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 10.3.1. Key Highlights
  - 10.3.1.1. Railroad Stabilization
  - 10.3.1.2. Wall Retention
  - 10.3.1.3. Erosion Control
  - 10.3.1.4. Road Improvements
  - 10.3.1.5. Misc.
10.4. Middle East & Africa Geogrids Market Outlook, by Country, Volume (Mn Sq. Mtr.) and Value (US$ Mn), 2018 - 2030
- 10.4.1. Key Highlights
  - 10.4.1.1. GCC
  - 10.4.1.2. South Africa
  - 10.4.1.3. Rest of Middle East & Africa
- 10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Company Market Share Analysis, 2022
11.2. Competitive Dashboard
11.3. Company Profiles
- 11.3.1. Koninklijke Ten Cate N.V.
  - 11.3.1.1. Company Overview
  - 11.3.1.2. Product Portfolio
  - 11.3.1.3. Financial Overview
  - 11.3.1.4. Business Strategies and Development
- 11.3.2. HUESKER Group
- 11.3.3. Tensar International
- 11.3.4. TENAX Group
- 11.3.5. Solmax Geosynthetics LLC
- 11.3.6. Strata Systems Inc.
- 11.3.7. Officine Maccaferri S.p.A.
- 11.3.8. NAUE GmbH & Co. KG
- 11.3.9. Propex Operating Company, LLC
- 11.3.10. Low and Bonar PLC
- 11.3.11. Fibertex Nonwovens A/S
- 11.3.12. TMP Geosynthetics
- 11.3.13. AGRU America
- 11.3.14. TYPAR
- 11.3.15. PRS Geo-Technologies

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations