Trends and Forecast for the Global Geotextile MarketTrends, opportunities and forecast in geotextile market to 2024 by application (road construction and pavement repair, erosion, drainage, railway work, agriculture, sports field construction, and retaining walls), material type (synthetic and natural), product type (nonwoven geotextile, woven geotextile, and knitted geotextile), and region (North America, Europe, Asia Pacific, and Rest of the World)Lucintel's latest market report analyzed that geotextile provides attractive opportunities in the road construction and pavement, repair, erosion, drainage, railway, work, and agriculture market. The geotextile market is expected to grow with a CAGR of 10%. In this market, synthetic is the largest segment by material type, whereas nonwoven geotextile are largest by product type.
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Based on material type, the geotextile market is segmented into synthetic (polypropylene, polyester (PET), polyethylene, polyamide, polyvinyl chloride) and natural (jute, coir, and ramie). The synthetic segment accounted for the largest share of the market in 2020 due to its low cost.
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The geotextile market is marked by the presence of several big and small players. Some of the prominent players offering geotextile include Koninklijke TenCate, Low & Bonar, Fibertex Nonwovens, Thrace Group, Huesker, Berry Global, DuPont, Strata Systems, Leggett & Platt, Officine Maccaferri, GSE Environmental, Kaytech, Mattex, NAUE, Propex Operating Company, Carthage Mills, and Asahi Kasei Advance Corporation, and others.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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