Zion Market Research Global Geotextiles and Geogrids Market , 2015–2021 | Page 3

Geotextiles and Geogrids Market
pattern shaped. The major applications of the geogrids are railroad, soil reinforcement,
retaining walls, water management, and others.
Increasing population, rapid urbanization, as well as government investing in infrastructure
products at large scale, are the factors boosting the growth of the global geotextiles and
geogrids market. Low operational costs, reliable and longer sustaining ability as compared
to other similar materials respective to ecological concerns are some other aspects fostering
the demand of the geotextiles and geogrids. Application of the products for preventing
seepage in residential as well as commercial properties and rising demand for irrigation
projects are key reasons impacting the growth of the geotextiles and geogrids market in a
positive way. High load bearing capacity and reduced maintenance of infrastructure with
high efficiency is boosting the growth of the market globally. However, imbalanced rates of
the raw materials are hindering the growth of the global geotextiles and geogrids market.
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Asia Pacific dominates the global geotextiles and geogrids market owing to the rapidly
increasing growth of end-use applications such as road and railways. North America holds
the second place and is also anticipated to grow rapidly mainly due to the upcoming infra
projects. Moreover, due to high utilization of geosynthetics products in the Middle East, this
region is also expected to manufacture more products.
Some of the major players in global geotextiles and geogrids market include NAUE GmbH &
Co. KG, ACE Geo Synthetics Enterprise Co., Ltd., Tensar International Corporation, Low &
Bonar PLC, and Strata Systems. Other key players influencing the global market are