Market Analysis Report Geotextiles Market | Page 2

Your Catalyst to a Lucrative Business Key report insights suggest:     Global geotextiles market size was estimated 2389.2 million square meters in 2013 and may register 4323.7 million square meters by 2020 growing with an estimated CAGR of 8.9% from 2014 to 2020. Road construction applications dominated the market and accounted for 43.5% of the total volume in 2013 and likely to witness significant growth rates. Laying road foundation and increasing road life span by strengthening weak soil are factors likely to drive demand for this application. Drainage application is likely to witness above average growth rates with an estimated CAGR of 8.9% up to 2020. Asia Pacific dominated the regional market and accounted for 43.1% of the total volume in 2013. Increasing infrastructure spending which involves construction of dumps, highways & dams in China and India are likely to drive regional demand. North America is likely to witness above average growth rates of 9.0% from 2014 to 2020. The top four companies account for over 30% of the overall demand in the highly fragmented geotextiles market. Prominent companies involved are Royal TenCate, NAUE, Low and Bonar, GSE Holdings, Argu America, Fiberweb, Tenex and Fibertex. For the purpose of this study, HexaResearch has segmented the geotextiles market on the basis of product, application and region: Global Geotextiles Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)    Nonwoven Woven Knitted Global Geotextiles Application Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)     Roads Erosion Prevention Drainage Others Global Geotextiles Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)     North America Europe Asia Pacific RoW Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/specialty- ceramic-glass-and-fiber-industry Follow Us: