Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.55 Billion | USD 12.04 Billion | 6.3% | 2021 |
FrequentlyAsked Questions
The major factors responsible for the growth of the global geotextile fabric market include rapid industrialization and urbanization, the increased importance of geotextiles in numerous construction applications such as roads, drainage, bridges, highways, and growing need for erosion control and soil stabilization.
The global geotextile fabric market size was worth around USD 6.55 Billion in 2021 and is predicted to grow to about 12.04 billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.3% between 2022 and 2030.
The global geotextile fabrics market growth is expected to be driven by the Asia Pacific region. The main reason for the growth of the market is an increase in investment from the government and banks for road infrastructure, rapid urbanization, and exponential growth of the economy of the countries in this region.
The global geotextile fabric market is dominated by players like Fibertex Nonwovens A/S, TENAX Group, AGRU America, Global Synthetics, HUESKER Group, Koninklijke Ten Cate B.V., GSE Holdings, Inc., NAUE GmbH & Co. KG, Officine Maccaferri S.p.A., Low and Bonar PLC, Propex Operating Company, LLC, TYPAR, Machina-TST, Gayatri Polymers & Geo-synthetics.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed