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Showing posts with the label geomembranes market

Rapid Urbanization and Infrastructure Development Drives the Geosynthetics Global Market to Reach $27.6 billion by 2030

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Industry Experts, Inc., published its latest version of the report on the Geosynthetics Market . The new report reveals that the demand for Geosynthetics is estimated at US$17.7 billion in 2024 and projected to reach US$27.6 billion by 2030 at a CAGR of 7.7% between the two years. Some of the factors instrumental in driving demand for Geosynthetics include infrastructure development in emerging economies, rapid urbanization and government investments in transportation, housing & energy, need to comply with stricter policies on waste management, water conservation & erosion control in the areas of landfill containment & protection of water resources and lower construction costs & extended lifetime of structures. Asia-Pacific stands out as the leading global market size for Geosynthetics , estimated to account for a share of 44.8% in 2024, and is also likely to emerge as the fastest growing at a forecast CAGR of 9% during 2024-2030. Massive investments in tran...

Ongoing Expansion of Road and Rail Networks Worldwide Drive Demand Growth for Geosynthetics Market to Surpass $20 Billion by 2025 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. unveiled the new global market research report " Global Geosynthetics Market – Types, Raw Materials and Applications ". As per this global market report, Asia Pacific accounts for the largest share of the global market and projected to emerge as the fastest-growing market during the forecast period. The increased adoption of geosynthetics in the past few years has boosted the global geosynthetics market growth. In addition, rising investment in environmental projects and infrastructure by both developing and developed countries predicted to boost sustainable development and contribute extensively to reducing the carbon footprint. New production technologies and cost-effective production techniques provide opportunities for manufacturers of geosynthetics material. The demand for Geosynthetics by product is led by Geotextiles segment, accounting for about 45% share in 2019, which is projected to reach US$10.6 billion by 2026 at the fastest CAGR of 7....