Geotextile Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Geotextile Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global geotextile tubes market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.75% during 2023-2028.

Geotextile tubes are cylindrical, engineered structures that are manufactured using permeable geotextiles. They are composed of high-tenacity polypropylene yarns and filled with sediments, such as slurry or sand and covered with gabions. Geotextile tubes exhibit resistance to rotting, ultraviolet (UV) deterioration, and biological degradation. They also aid in improving stability and decreasing wind and water erosion as they are inert to chemicals, acids and alkalis. Geotextile tubes are widely used for shoreline protection, dewatering, desludging, dredging materials, mining waste, and erosion control applications as they assist in minimizing and preventing the leakage of contaminants to the environment during the processing, transit, and final disposal of contaminants. As a result, geotextile tubes find extensive application across various industries, such as construction, agriculture, marine and wastewater treatment.

Geotextile Tubes Market Trends:

The widespread product adoption in dewatering applications across the globe is driving the growth of the market. Geotextile tubes are widely used in sewage sludge, wet hauling, sewage treatment plants, and sludge lagoons as a sustainable solution to reuse decanted water. The increasing environmental concerns, such as rising ocean levels and coastal erosions, have further prompted manufacturers to introduce innovative product variants with different specifications and scientific properties, which is further favoring the market growth. Moreover, the increasing utilization of recycled and naturally derived fibers to improve the UV resistance and reduce the fouling potential of solid surfaces, are also providing an impetus to the market growth. Additionally, the widespread product adoption in the construction of roads and building embankments is positively impacting the market growth. Other factors, including the rising product demand in the marine industry to protect structures, such as dikes, jetties, and beachfront from erosion and wave attacks, along with the implementation of various government initiatives to promote the installation of geotextile tubes in water treatment applications, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global geotextile tubes market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and end use industry.

Breakup by Type:

Woven Geotextile Tubes
Non-Woven Geotextile Tubes

Breakup by End Use Industry:

Wastewater Treatment
Marine
Agriculture
Aquaculture
Pulp and Paper Mills
Construction
Others

Breakup by Region:

North America

United States
Canada

Asia-Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ACE Geosynthetics, Fibertex Nonwovens A/S (Schouw & Co.), FlexiTuff Ventures International Ltd., Geofabrics Australasia Pty Ltd, HUESKER Synthetic GmbH, Koninklijke Ten Cate B.V., Leggett & Platt Incorporated, Low & Bonar (Freudenberg & Co. KG), Naue GmbH & Co. KG, Officine Maccaferri Spa, TechFab India and Tensar Corporation (Commercial Metals Company).

Key Questions Answered in This Report:

How has the global geotextile tubes market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global geotextile tubes market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global geotextile tubes market and who are the key players?
What is the degree of competition in the industry?