Global Geogrids Market Growth 2023-2029
A geogrid is geosynthetic material used to reinforce soils and similar materials. It is a two-dimensional grid or a certain degree of three-dimensional grid which is molded by the polypropylene, PVC and other thermoplastic polymer.
LPI (LP Information)' newest research report, the “Geogrids Industry Forecast” looks at past sales and reviews total world Geogrids sales in 2022, providing a comprehensive analysis by region and market sector of projected Geogrids sales for 2023 through 2029. With Geogrids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geogrids industry.
This Insight Report provides a comprehensive analysis of the global Geogrids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Geogrids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Geogrids market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geogrids and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Geogrids.
The global Geogrids market size is projected to grow from US$ 3507 million in 2022 to US$ 4727 million in 2029; it is expected to grow at a CAGR of 4727 from 2023 to 2029.
Global Geogrids key players include Maccaferri, Tensar, Feicheng Lianyi, NAUE Secugrid, Tai'an Modern Plastic, etc. Global top five manufacturers hold a share over 10%.
China is the largest market, with a share over 40%, followed by US and Europe, both have a share over 35%.
In terms of product, Fiberglass Geogrid is the largest segment, with a share over 30%. And in terms of application, the largest application is Mining, followed by Railways and Highways, Parking Lot or Marina, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Geogrids market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Plastic Geogrid
Steel Plastic Composite Geogrid
Fiberglass Geogrid
Polyester Geogrid
Others
Segmentation by application
Mining
Railways and Highways
Parking Lot or Marina
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Feicheng Lianyi
Shandong New Slightly Geotechnical Material
Taian Modern Plastic
Maccaferri
Tensar
Shandong Hongxiang New Materials
Taian Road Engineering Materials
Nanchang Teamgo New Materials
Jiangsu Jiuding
NAUE Secugrid
GEO Fabrics
TechFab India
Tencate
GSE
Nanyang Jieda
Shandong Lewu
Huesker
Shandong Tonggao Engineering Materials
Hengshui Baoli Engineering Rubber
Yongxin Huali
Tai'an Ruiheng Building Material
Polyfabrics
Strata Geosystem
Nilex
Taian Hengda
Atarfil
Synteen
Bonar
TENAX
Titan Environmental Containment
Wrekin
ACE Geosynthetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Geogrids market?
What factors are driving Geogrids market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Geogrids market opportunities vary by end market size?
How does Geogrids break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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