2019 Outlook on the Geogrids Market - Expected to Grow at a CAGR of 8.62% During 2018-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 7, 2019--The “Geogrids Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.
The global geogrids market is projected to grow at a CAGR of 8.62% to reach US$1,035.431 million by 2024, from US$630.450 million in 2018.
The demand for geogrids is increasing on account of its ability to provide cost savings as compared to the conventional methods of construction by reducing the import or transportation of soil to the construction site and by increasing the amount of usable land.
Moreover, since the geogrids are manufactured using polypropylene and high density polyethylene, it increases the resistance towards acids, alkalis, and salts, present in the soil, enhancing the durability of the structure, reducing the maintenance cost of the structure for the end-user. Thus, the global geogrids market is projected to grow significantly during the forecast period.
Major industry players profiled as part of the report are Tencate Geosynthetics, Tensar International Corporation, Propex Operating Company, LLC., Officine Maccaferri S.p.A., TENAX, NAUE GmbH & Co. KG, DongKai Geosynthetics, CTM Geosynthetics, and Pietrucha Group.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.
Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the geogrids value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global geogrids market.
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry In the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Global Geogrids Market by Type
6. Global Geogrids Market by Application
6.1. Landfill Embankment
6.2. Construction of Paved and Unpaved Road
6.3. Soil Stabilization
7. Global Geogrids Market by Geography
7.1. North America
7.2. South America
7.3.3. United Kingdom
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
8. Competitive Intelligence
8.1. Competition and Offerings Analysis of Key Vendors
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. Tencate Geosynthetics
9.2. Tensar International Corporation
9.3. Propex Operating Company LLC
9.4. Officine Maccaferri S.p.A.
9.6. Naue Gmbh & Co. KG
9.7. Dongkai Geosynthetics
9.8. CTM Geosynthetics
9.9. Pietrucha Group
For more information about this report visit https://www.researchandmarkets.com/research/gk6gqx/2019_outlook_on?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190307005556/en/
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PUB: 03/07/2019 11:56 AM/DISC: 03/07/2019 11:56 AM