Polypropylene Based Non-Woven Geotextile Market To Grow With Over 4.8% CAGR During Forecast Period
Global Polypropylene Based Non-Woven Geotextile Market is
driven by surging demand from construction industry, in the forecast period, 2023-2027.
According
to TechSci Research report, “Polypropylene Based Non-Woven Geotextile Market - Global Industry Size,
Share, Trends, Opportunity and Forecast, 2017-2027” The
global polypropylene based non-woven geotextile market may show a robust growth
in the forecast years, 2023-2027 with over 4.8% CAGR in terms of volume. Market
volume of the global polypropylene based non-woven geotextile market may reach
4.5 Million by 2027F. Surge in the demand for the polypropylene based non-woven
geotextile from the various end use industries with wide range of applications,
is anticipated to drive the growth of the global polypropylene based non-woven
geotextile market in the upcoming five years. The non-woven geotextiles have
applications in the manufacturing of the hygiene-based healthcare products like
the protective gears, PPE kits, masks, surgical gowns, wound dressings, etc.
and thus the growing demands of these products also surges the demand for polypropylene
based non-woven geotextile thereby supporting the growth of the global
polypropylene based non-woven geotextile market in the next five years. The
applications of the non-woven geotextiles in the construction industry are also
widespread. Growing construction of infrastructures like roads, highways,
railroads, building, etc. further aid the growth of the global polypropylene
based non-woven geotextile market in the future five years. Government’s
investment in the construction industry, healthcare industry, and promoting the
expansion of chemical industry is also responsible for the growing demands and
the market expansion. Technological advancement in the material and influence
of the COVID-19 over the market also substantiated the growth of the global
polypropylene based non-woven geotextile market in the forecast years, through
2027.
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The
global polypropylene based non-woven geotextile market segmentation is based on
technology, application, GSM, regional distribution, and competitive landscape.
Based on technology, the market is fragmented into needle punch, thermal,
chemical bonding, and others. Needle punch segment is anticipated to hold the
largest revenue shares of the market and dominate the market segment in the
upcoming five years on the ground of advantages of the technology along with
the high process efficiency associated with it. The eco-friendliness associated
with the technology and recyclability of the products materialized by the
needle punch technology also aids the growth of the segment as well as the
growth of the global polypropylene based non-woven geotextile market in the
next five years.
By
application, the market is further segmented into road & highways,
railways, dams & canals, drainage system, and others. Roads & highways
are anticipated to hold the largest revenue shares of the market and dominate
the market segment in the upcoming five years on the grounds of increasing
roads & highways construction, worldwide. Government aided plans and
schemes to promote and expand the construction of such infrastructure further
supports the growth of the global polypropylene based non-woven geotextile
market in the next five years. Based on GSM, the market is bifurcated into Up
to 100 GSM, 101-500 GSM, 501-1000 GSM, Above 1000 GSM, and others.
Some
of the market players, dominating the global polypropylene based non-woven geotextile
market are :
·
Geosys
Group
·
Fibertex
Nonwovens A/S
·
Asahi
Kasei Corporation
·
Huesker
·
Typar
Geosynthetics
·
Tencate
Geosynthetics Americas
·
Hangzhou
Nbond Nonwoven Co.,Ltd.
·
RadiciGroup
·
Ginni
Filament Ltd
·
Flexituff
International Ltd.
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“Asia Pacific region is
anticipated to dominate the market’s regional analysis and hold the largest
revenue shares of the market in the upcoming five years on the grounds of
increasing demand of the end use product manufacturing. The demands for these
products are highest in the emerging economies of the region like India, China,
etc. The demands for the products are growing from the end use industries like
construction, agriculture, automobile, healthcare, etc. Growing number of
global market players in the region is also responsible for the growth of the
global polypropylene based non-woven geotextile market in the next five years.
Increasing demand for the polypropylene non-woven geotextiles is dominated by
the hygiene product applications and thus aiding the market growth. Europe
& CIS region may hold significant growth in the recent years due to growing
advancement of the technology and increasing investments in the chemical
industry,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Polypropylene Based
Non-Woven Geotextile Market - Global Industry Size, Share, Trends, Opportunity
and Forecast, 2017-2027, Segmented By Technology
(Needle Punch, Thermal, Chemical Bonding, Others), By Application (Road &
Highways, Railways, Dams & Canals, Drainage System, Others), By GSM (Up to
100 GSM, 101-500 GSM, 501-1000 GSM, Above 1000 GSM Others), By Region”, has evaluated the future
growth potential of global polypropylene based non-woven geotextile 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 polypropylene based non-woven geotextile
market.
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