PET & Polypropylene Based Geotextiles Market to Grow with a CAGR of 4.56% through 2028
Growing utilization in
various sector such as road & highways, railways, and dams & canals are
factors driving the Global PET & Polypropylene Based Geotextiles Market in
the forecast period 2024-2028.
According to
TechSci Research report, “PET & Polypropylene Based Geotextiles Market –
Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global PET & Polypropylene Based Geotextiles
Market stood at USD 2.95 billion in 2022 and is anticipated to grow with a CAGR
of 4.56% in the forecast period, 2024-2028. In the realm of civil engineering
and construction, geotextiles have emerged as unsung heroes, playing a pivotal
role in enhancing the longevity, stability, and sustainability of
infrastructure projects. Among these versatile materials, PET (Polyethylene
Terephthalate) and Polypropylene-based geotextiles have garnered attention for
their exceptional properties and wide-ranging applications. Geotextiles are
engineered materials that find application in civil engineering and
construction projects, primarily to improve soil stability, drainage, and
erosion control. They are designed to withstand the rigors of outdoor exposure,
including exposure to ultraviolet (UV) radiation, moisture, and extreme
temperatures. One of the primary applications of
PET & Propylene based geotextiles is in soil reinforcement. They are placed
within soil layers to enhance stability, especially in structures like
retaining walls and embankments. By distributing loads and reducing soil
movement, PET & Propylene based geotextiles play a crucial role in
preventing erosion and soil subsidence.
Furthermore, these
geotextiles facilitate effective drainage systems by allowing water to flow
through while preventing soil particles from clogging the system. This function
is vital in road construction, landfills, and various drainage applications.
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Furthermore, PET
& Polypropylene based geotextiles are employed to mitigate erosion in
construction sites and environmental restoration projects. They stabilize the
soil and prevent sediment from being carried away by rainwater, preserving the
ecological balance. These
geotextiles are also incorporated into road construction to improve load
distribution, reduce maintenance needs, and extend road life. They also play a
crucial role in the reinforcement of railway tracks.
The Global PET
& Polypropylene Based Geotextiles Market is segmented into type, technology,
application, regional distribution, and company.
Based on its type,
the woven
enhancer segment has emerged as the predominant market leader. The woven geotextile products stand out for their
remarkable attributes, including exceptional tensile strength, prolonged
durability, heightened performance, reduced long-term maintenance costs, and an
extended project lifespan. These collective advantages significantly contribute
to the reduction of the environmental impact associated with infrastructure
projects. These geotextiles also exhibit a high resistance to UV degradation,
rendering them highly suitable for extended usage across a diverse range of
applications. Consequently, they find widespread utilization in activities
related to drainage systems, soil reinforcement, soil separation, filtration
processes, embankment projects, and various construction endeavors.
Furthermore, the
non-woven segment is poised to assert its dominance in the geotextiles market
throughout the forecast period. This supremacy is primarily attributed to the
extensive growth in infrastructure development, which propels the heightened
demand for non-woven geotextile products across various applications. These
applications encompass road construction, railway projects, highway
development, airport construction, soil separation techniques, drainage
systems, soil reinforcement methods, and filtration processes. Insightful data
sourced from the European Disposables and Nonwovens Association (EDANA) reveals
that a substantial 750 square kilometers of nonwoven geotextiles are both
produced and utilized annually, with a significant 60% share dedicated to road
construction projects. Notably, a transition from traditional gravel to
nonwoven materials in the construction of new roads within the EU has the
potential to lead to a noteworthy reduction of approximately 6.8 million tons
of carbon dioxide equivalents, underscoring the remarkable environmental
benefits and cost-efficiency offered by nonwoven geotextiles. Furthermore,
these materials provide distinct advantages to end-users due to their
lightweight properties, resilience to temperature fluctuations, and impressive
resistance to punctures and tears.
Based on technology,
the needle punch segment commands the highest share of revenue. The needle punch segment is positioned to secure the
market's largest revenue share and maintain its dominance in the years to come.
This is primarily attributed to the significant advantages offered by this
technology, coupled with its high process efficiency. Furthermore, the
environmentally friendly nature of the needle punch technology and the
recyclability of the products it generates contribute to the growth of this segment.
These factors collectively bolster the expansion of the global
polypropylene-based non-woven geotextile market in the foreseeable future.
Based on
application, the roads
& highways segment commands the highest share of revenue. The roads and highways sector is poised to command the
largest share of revenue in the market, establishing its dominance in the
coming years. This is underpinned by the global increase in the construction of
roads and highways. Government-backed initiatives and schemes aimed at
promoting and expanding the development of such infrastructure further bolster
the growth of the worldwide market for polypropylene-based non-woven
geotextiles over the next five years. In terms of GSM classification, the
market is categorized into various segments, including Up to 100 GSM, 101-500
GSM, 501-1000 GSM, Above 1000 GSM, and others. Within road construction
applications, these geotextiles primarily serve the purpose of filling gaps
between roads, significantly enhancing the structural integrity of the soil,
and effectively preventing road degradation. This not only strengthens road stability
but also reduces the risk of water erosion, thereby prolonging the lifespan of
road infrastructure.
Additionally, in
agriculture, these geotextile products function as protective barriers against
elements like wind and sun. They also provide control against pests, weeds,
birds, and insects. Moreover, farmers have increasingly adopted geotextiles to
optimize crop yields. The breathable and organic coverings offered by these
products are expected to play a crucial role in mitigating soil erosion,
ensuring effective weed control, and facilitating proper irrigation. This
multi-faceted approach is poised to stimulate growth within this segment.
Based on region,
Asia Pacific took center stage as the leading contender in the Global PET &
Polypropylene Based Geotextiles Market. The robust growth in the construction
industry and the continuous rollout of infrastructure projects in emerging
economies such as India and China are key drivers of this trend. Additionally,
factors like rapid urbanization, the availability of a skilled labor force, and
increased government initiatives aimed at infrastructure development and
enhancement will make significant contributions to regional expansion. For
example, in August 2020, China State Railway Group unveiled ambitious plans to
expand its railway network. The projections include reaching 200,000 kilometers
of railway tracks and approximately 70,000 kilometers of high-speed railway
networks by 2035. In May 2020, coir manufacturers and exporters in Tamil Nadu,
India, expressed optimism about the improvement of rural roads following the
mandate of the National Rural Infrastructure Development Agency. This mandate
stipulated that over 5% of roads sanctioned under PMGSY-III should be
constructed using coir geotextiles sourced from coir-producing states. These
developments are expected to provide significant momentum to regional growth in
the coming years.
In major
European countries, mounting environmental and health concerns have led to a
surge in demand for green infrastructure solutions. This trend is primarily
driven by their cost-effectiveness, sustainability, and eco-friendly
attributes. Stringent EU policies mandate that manufacturers create green
infrastructures that not only combat environmental pollution but also safeguard
ecosystems. Furthermore, governments are channeling increased investments into
road infrastructure projects, driven by rising automotive sales and ongoing
developments in road infrastructure. These factors are set to propel regional
growth.
Moreover, the
North American market is poised for substantial growth in the foreseeable
future. In the United States, drainage systems are well-established and
expansive, with a consistent and effective maintenance regimen in place.
Furthermore, ongoing research and development initiatives, coupled with
technological innovations, have led to the introduction of both natural and
synthetic materials that demand minimal maintenance. This development is
expected to exert a favorable influence on market expansion in the region.
Major companies
operating in Global PET & Polypropylene Based Geotextiles Market
are:
- Geosys Group
- Fibertex Nonwovens
A/S
- Asahi Kasei
Corporation
- HUESKER Synthetic
GmbH
- Tencate
Geosynthetics Americas
- Hangzhou Nbond
Nonwovens Co., Ltd
- TYPAR Geosynthetics
- RadiciGroup
- Ginni Filament Ltd
- Flexituff Ventures
International Ltd.
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“As world facing
the challenges of both water scarcity and flooding, effective water management
is of paramount importance. Geotextiles made from PET and Polypropylene are
emerging as essential components in addressing these issues. They find
applications in the construction of reservoirs, ponds, and dams, enabling
efficient water storage and regulation of its flow. Additionally, these
materials play a crucial role in enhancing filtration processes, ensuring that
water entering treatment facilities is devoid of sediment and contaminants. As
global water resources continue to diminish, geotextiles are becoming
indispensable assets for building resilient water infrastructure creates a
lucrative opportunity in the market growth,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“PET
& Polypropylene Based Geotextiles Market By Type (Woven, Non-Woven), By Technology
(Needle Punch, Thermal, Chemical Bonding, Others), By Application (Roads &
Highways, Railways, Dams & Canals, Drainage System, Others), By Region, By Competition
Forecast & Opportunities, 2018-2028F”, has
evaluated the future growth potential of Global PET & Polypropylene Based
Geotextiles Market and provides statistics & information on market size, structure,
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global PET &
Polypropylene Based Geotextiles Market.
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