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Global Geogrids Market Will Hit At CAGR Of 12.78% During Years 2017-2021

Press Release   •   Aug 31, 2017 00:59 EDT

Latest industry research report on: Global Geogrids Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Geogrids are made of polymers and composites that are used to reinforce soil in road, railways, and other construction works. Widely used polymer materials in the manufacture of geogrids include polyesters, polyethylene (PE), polyvinyl alcohols (PVA), and others that are produced in a compact form and then stretched in sheets with grids. Geogrids offer high tensile strength by holding the walls of the structure. They (geogrids) extend the life of walls. Geogrids are used in walls over certain heights to firmly hold the structure and prevent failures. In addition, geogrids are used in pavements and runways as these materials distribute the load over a greater area and increase the strength of the base. Geogrids are generally made of high-density polyethylene (PE) and polypropylene (PP).

Technavios analysts forecast the global geogrids market to grow at a CAGR of 12.78% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global geogrids market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW

Technavio's report, Global Geogrids Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Koninklijke Ten Cateas
  • Low & Bonar
  • NAUE
  • Officine Maccaferri
  • Strata Systems
  • ACE Geosynthetics

Other prominent vendors

  • Asahi Kasei Advance
  • Atarfil
  • Carthage Mills
  • Feicheng Lianyi Engineering Plastics
  • Leggett & Platt
  • Nanchang Teamgo New Materials
  • Nanyang Jieda Geosynthetics
  • Propex Operating Company
  • Shandong Hongxiang New Geo-Material
  • Synteen
  • Taian Modern Plastic
  • Tensar International
  • Tai'an City Ruiheng Building Materials

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Market driver

Increasing developments in roadways and railway infrastructure

For a full, detailed list, view our report

Market challenge

Fluctuation in prices of raw materials

For a full, detailed list, view our report

Market trend

Increasing mergers & acquisitions (M&As)

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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