Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: The next 10 years to witness an innovative journey for the Geocells Market from 2021 to 2031
Harshada

Date:
The next 10 years to witness an innovative journey for the Geocells Market from 2021 to 2031
Permalink   


As stated by Persistence Market Research (PMR) through its various Chemicals domain reports, it is expected that many rebounding economies in the post Covid-19 era across the globe are bound to grow threefold in the next decade.

Persistence Market Research in its recent report titled, Geocells Market: Global Industry Analysis and Forecast; 20162025, projected global geocells market to exhibit CAGR of 8.8% during 2016 to 2025. Consumption of geocells is projected to reach 428.2 million square meter by 2025 reflecting a CAGR of 5.5% during the forecast period.

Geocells, also known as cellular confinement systems, are three dimensional mats resembling honeycomb structure usually made of high density polyethylene, polypropylene, polyester or other polymeric alloys. These are used in construction sector primarily for earth reinforcement, slope protection, channel protection, load support and tree root protection. Geocells are subset of geosynthetics market and are estimated to represent around 5.6% share in terms of volume consumption in overall geosynthetics market.

Request for Free Sample Report of Geocells Market Market @ https://www.persistencemarketresearch.com/samples/12952

The report analyses the global geocells market in terms of market value (US$ Mn) and volume (Million Square Meter) by applications, region, and material type and provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.

geocells-market_Image-market-bytes

Drivers and trends impacting the market

Infrastructure development activities, construction sector output and a growing urbanisation trend are some of the macro-economic drivers of the market. Developed economies have formulated regulations concerning erosion control and sustainable infrastructure development. Such regulations and initiatives are identified as underlying driving factors of the market. On the flipside, low awareness of geocells amongst infrastructure developers in emerging economies and competition from substitute products, such as geogrids and geomembranes are identified as minor restraints in the global geocells market.

Request For Customization @ https://www.persistencemarketresearch.com/request-customization/12952   

Market forecast

From materials perspective, high density polyethylene (HDPE) is extensively used across the globe for geocells manufacturing followed by polypropylene, polyester and other polymeric alloys. HDPE commanded around 68.6% share by value in 2014 and is projected to remain the largest market segment by 2025 with a share of around 64%. Prices for these materials are anticipated to increase over the forecast period owing to increasing energy costs, crude oil prices and complex manufacturing processes.

From application perspective, earth reinforcement, channel protection and slope protection are the prominent applications of geocells which constituted around 86% of market value in 2014 and are collectively projected to exhibit value CAGR of 8.8% over the forecast period. Other applications including load support and tree root protection are collectively projected to exhibit a value CAGR of 8.4% during the forecast period.

From regional perspective, North America and Asia Pacific represented prominent markets for geocells globally in 2014. In terms of market value, geocells market in developing countries is collectively projected to grow at CAGR of 10.2% while geocells market in developed countries is collectively projected to grow at CAGR of 7.4% during the forecast period. Asia Pacific region is expected to be the largest geocells market in terms of value by 2025, followed by North America, Western Europe, and other regions.

Click Here to Buy this Report@ https://www.persistencemarketresearch.com/checkout/12952

Competitive landscape

Key market participants covered in the report, include Presto Geosystems, Polymer Group Inc., TMP Geosynthetics, Armtec Infrastructure Inc., Strata Systems Inc., PRS Mediterranean Ltd., Maccaferri S.p.A, ACE Geosynthetics, MiakomGroup of Companies, Wall Tag Pte Ltd., Tensar International Ltd., Tencate Geosynthetics, Admir Technologies, Polyfabrics Australia Pty Ltd., Bonar, ABG Geosynthetics, Huifeng Geosynthetics, SABK International, Wrekin Products, Ltd., CeTeau Group.

About Us: Persistence Market Research

Contact Us:

Persistence Market Research
USA

Address 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. +1-646-568-7751
USA-Canada Toll-free +1 800-961-0353

Sales  sales@persistencemarketresearch.com
Website  https://www.persistencemarketresearch.com



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard