IGR Cellular Confinement Systems Market | Page 2

A latest report has been added to the wide database of Cellular Confinement Systems Market by Infinium Global Research. This report studies the Cellular Confinement Systems Market by materials (high density polyethylene, polyester, polypropylene), by applications (earth reinforcement applications, construction, slope protection, railways and roadways) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Cellular Confinement Systems Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Cellular Confinement Systems Market Get a Sample Request https://www.infiniumglobalresearch.com/reports/sample_request/776 Market Insights The global Cellular confinement systems market was sized over USD 950 million in 2015. In terms of volume, the global Cellular confinement systems market is projected to grow with a CAGR between 5.5% and 6.0% during 2017-2023. The global market for cellular confinement systems (geocells) is projected to experience substantial growth over the forecast period, primarily due to growing demand from emerging markets of Asia Pacific and Latin America, owing to its increasing use in construction segment. Rapid infrastructure and road developments, growing urbanization in emerging markets, increasing usage of geocells in slope and channel protection are the primary factors that are likely to drive the growth in this market over the forecast period. On the other hand, prevalence of substitutes to geocells is likely to restrain the growth in this market over the period of 2017 to 2023; however the impact of this restraining factor is projected to be minimal in the longer run. The ongoing research and development activities in the cellular confinement systems design is projected to create more opportunities for the heavy load applications over the years to come.