Industry Insights

The global geotextile market size was valued at USD 4.1 billion in 2018 and is estimated to expand at a CAGR of 12.0% by 2025 owing to increasing demand in drainage and erosion prevention applications.

Geotextiles are typically used to improve soils over which streets, pipelines, embankments, and earth holding structures are constructed. They consist of numerous materials including warp-knitted, open-mesh, and non-woven or closed fabric textiles. Primary functions of the product include filtration, separation, reinforcement, protection, and drainage. Geotextiles have filtration property that enables to separate water and other fluids from different solid particles. This filtration function is majorly used for drainage applications.

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Product Insights

In terms of volume, the woven product segment stood at 1,604.6 million square meters in 2018 and anticipate to witness moderate growth over the forecast period. Woven geotextile products are witnessing increasing demand in erosion prevention applications on account of their favorable characteristics including excellent filtration properties and high tensile strength, which is expected to drive the market over the forecast period.

Material Insights

Synthetic fibers are usually made up of polyester, polypropylene,polyamide, and polyethylene. In terms of volume, polypropylene dominated the market, accounting for a share of 56.3% in 2018 and is anticipated to hold the largest market share over the forecast period. Polyethylene has availability and offers longer life span, which makes them suitable for road construction applications.

Polyester was the second-highest revenue generating segment of the industry, accounting for 24.8% share of the overall revenue in 2018. Polyester and Polyethylene anticipated to witness moderate growth over the forecast period.

Application Insights

In 2018, erosion prevention was the second largest application segment in terms of volume. Erosion brought about by natural catastrophes, such as tidal waves and floods, or because of intrusion of water on waterfronts and extreme rainfall is representing a gigantic risk all around. Geotextiles support in holding down the soil and advance vegetation growth. Utilization of these products assumes a noteworthy job in erosion prevention and helps to relieve soil erosion.

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Utilization of these products in drainage applications is anticipated to grow at a moderate rate over the forecast period. Geotextiles utilized for wastes act as a porous separating agent that enables water to pass into drainage. These fabrics additionally help to anticipate obstructing of the drainage system by different materials and dirt particles from water.

Regional Insights

New infrastructural advancements in numerous developing countries in Central and South America including usage of Growth Acceleration Program (PAC) by the Government of Brazil to pull ininvestments is estimated to fuel the industry growth. Subsequently, around 12,000 infrastructural projects have been going on in Brazil, which will fuel the demand for geotextile for use in filtration system, drainage, and soil fortification. On-going ventures identified with scene rebuilding in developed countries, including Japan and U.S., are expected to increase utilization of geotextiles over the forecast period.

Report Scope

Attribute & Details

Base year for estimation

2018

Actual/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million, and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa

Country scope

U.S., U.K., Germany, China, India, Japan, Brazil, and UAE

Report coverage

Revenue forecast, competitive landscape, growth factors, and trends

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