Drainage Composite Market Report: Trends, Forecast and Competitive Analysis to 2030

Drainage Composite Trends and Forecast

The future of the global drainage composite market looks promising with opportunities in the government & utility, oil & gas, construction, and industrial applications. The global drainage composite market is expected to grow with a CAGR of 10.6% from 2024 to 2030. The major drivers for this market are increasing urbanization and infrastructure development, growing awareness of the benefits of drainage composites, and rising government regulations on stormwater management.

A more than 150-page report is developed to help in your business decisions.

Drainage Composite by Segment

The study includes a forecast for the global drainage composite by type, application, and region.

Drainage Composite Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Single Layer
• Multi-Layer

Drainage Composite Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Government & Utilities
• Oil & Gas
• Construction
• Industrial
• Others

Drainage Composite Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Drainage Composite Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies drainage composite companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the drainage composite companies profiled in this report include-

• GCP
• Terram
• Carlisle Companies
• SOLMAX
• Siddhi Rubber Udyog
• Sika
• Boatup Geosynthetics
• Geofabrics
• Ocean Global
• Berry Global

Drainage Composite Market Insights

Lucintel forecasts that single layer is expected to witness highest growth over the forecast period due to its feature like less expensive and ease of installation than multi-layer drainage composites.

Within this market, government utility is expected to witness highest growth over the forecast period.

North America is expected to witness highest growth over the forecast period due to rapid urbanization and infrastructure development in this region.

Features of the Global Drainage Composite Market

Market Size Estimates: Drainage composite market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Drainage composite market size by type, application, and region in terms of value ($B).

Regional Analysis: Drainage composite market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the drainage composite market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the drainage composite market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for drainage composite market?

Answer: The global drainage composite market is expected to grow with a CAGR of 10.6% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the drainage composite market?

Answer: The major drivers for this market are increasing urbanization and infrastructure development, growing awareness of the benefits of drainage composites, and rising government regulations on stormwater management.

Q3. What are the major segments for drainage composite market?

Answer: The future of the drainage composite market looks promising with opportunities in the government & utility, oil & gas, construction, and industrial applications.

Q4. Who are the key drainage composite market companies?

Answer: Some of the key drainage composite companies are as follows:

• GCP
• Terram
• Carlisle Companies
• SOLMAX
• Siddhi Rubber Udyog
• Sika
• Boatup Geosynthetics
• Geofabrics
• Ocean Global
• Berry Global

Q5. Which drainage composite market segment will be the largest in future?

Answer: Lucintel forecasts that single layer is expected to witness highest growth over the forecast period due to its feature like less expensive and ease of installation than multi-layer drainage composites.

Q6. In drainage composite market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to rapid urbanization and infrastructure development in this region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the drainage composite market by type (single layer and multi-layer), application (government & utilities, oil & gas, construction, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?