Market Size – USD 385.8 million in 2018, Market Growth – CAGR of 11.9%, Market Trends – Product Launches and Research for Advanced Tech Developments
Based on current analysis, the global Geocomposite Market was valued at USD 385.8 million in 2018 and is expected to reach USD 956.0 million by 2026, at a CAGR 11.9% Geocomposites are planar sheets made of composite materials that contain at least one layer of geosynthetic products involving geotextile, geogrid, geonet, geomembrane, etc. They are mainly used as liners in drainage facilities, for erosion control, road constructions and in several other applications. Geocomposite materials are the combinations of different materials in such a way that different applications are addressed in an optimal manner and at a minimum cost. Geocomposites maximize the benefit/cost ratio. The geotextiles provide increased resistance to puncture, tear propagation, and friction related to sliding, as well as providing tensile strength in and of themselves. Quite often, however, the geotextiles are of the nonwoven, needle-punched variety and are of relatively heavy weight. Several large-scale construction undertakings are expected to take place over the coming years, which may suggestively enhance the demand for recomposites materials during the forecast period.
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The following are the key industry participants:
• GSE Environmental (US),
• TenCate Geosynthetics (US),
• Maccaferri S.P.A. (Italy),
• SKAPS industries (US),
• ABG Ltd. (UK),
• Hans Geo Components (US),
• Huesker Synthetics GmbH (Germany),
• and Thrace Group (Greece)
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Type :
• Geotextile–geonet
• Geotextile-geocore
• Geotextile-geogrid
• Geotextile-geomembrane
• Others
Applications :
• Water & wastewater management
• Road & highway
• Landfill & mining
• Soil reinforcement for civil construction
• Others
Regional analysis covers:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
o Rest of MEA
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Key Features of the Geocomposite Market Report:
• The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
• Extensive study of key segments and sub-segments of the Geocomposite market
• Evaluation of key current and emerging market trends and growth prospects
• Brief overview of industry with regards to research and development, technological advancements, and product development
• In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
• Analysis of key drivers, restraints, opportunities, growth prospects, limitations, and threats
• Strategic recommendation to key players and new entrants to overcome entry-level barriers in the Geocomposite market over the forecast period

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