North America Geosynthetics Market Segmentation Analysis By Product And Country Till 2025 : Grand View Research Inc.

The North America geosynthetics market size is expected to reach USD 5.0 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 5.5% over the forecast period. Rising construction spending in Mexico owing to increasing population and strong industrial developments are expected to drive the market in the region.

Geosynthetics are a versatile material and have a wide range of applications including road and railway construction, landfill liners and covers, and erosion control. These materials offer several advantages such as high durability, sustainability, and easy installation. Geotextiles, a type of geosynthetic, are used to strengthen industrial units, car parks, and new roadways. The growing penetration of geosynthetics in the construction industry is expected to be one of the key market drivers.

North America mainly comprises developed countries such as U.S. and Canada, which have an extensive and highly developed network of drainage systems. These drainage systems require constant maintenance, thereby driving the demand for geosynthetic products for increasing the lifespan of drainage systems.

The hydraulic fracturing process has played a significant role in boosting the production output of tight oil and shale gas in U.S. and Canada. The increasing demand for hydraulic fracturing, coupled with rising adoption of geomembranes for the lining of storage and disposal ponds, is anticipated to boost the demand for geomembranes.

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Further key findings from the report suggest:

• Geomembranes are expected to witness a CAGR of 3.2% from 2019 to 2025 in terms of revenue on account of the increasing importance of leakage protection in storage reservoirs, ponds, and golf courses

• The demand for geonets in road construction is estimated to reach USD 106.7 million by 2025 owing to its ability to enhance the elastic properties of asphalt concrete, along with increasing resistance to elongation in the long term, thereby enhancing the life of the roads

• The product demand in Utah is driven by rapid development in the construction sector, especially in green wall and green roof applications for the prevention and control of soil erosion

• The demand for geosynthetics in British Columbia was valued at USD 72.5 million in 2018 owing to the ongoing construction and repair work of roads including geotechnical work, rehabilitation, gravel crushing, and other transportation-related infrastructure work

• Major players in the North America geosynthetics industry are focusing on expanding their product portfolio through the development and introduction of new products in the market to obtain a competitive edge over competitors.

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Grand View Research has segmented the North America geosynthetics market on the basis of product and country:

North America Geosynthetics Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

• Geotextiles

• By Material

• Natural

• Jute

• Others

• Synthetic

• Polypropylene

• Polyester

• Polyethylene

• By Product

• Woven

• Non-woven

• Knitted

• By Application

• Erosion control

• Reinforcement

• Drainage systems

• Lining systems

• Asphalt overlays

• Separation & stabilization

• Silt Fences

• Geomembranes

• By Material

• HDPE

• LDPE

• Ethylene Propylene Diene Monomer (EPDM)

• Polyvinyl chloride (PVC)

• Others

• By Application

• Waste management

• Water management

• Mining

• Lining Systems

• Others

• By Technology

• Extrusion

• Calendering

• Others

• Geogrids

• By Material

• HDPE

• Polypropylene

• Polyester

• By Application

• Road construction

• Railroad

• Soil reinforcement

• Others

• By Product

• Uniaxial

• Biaxial

• Multi-axial

• Geonets

• By Material

• HDPE

• MDPE

• Others

• By Application

• Road construction

• Drainage

• Railroad

• Others

• Geocells

• By Material

• HDPE

• Polypropylene (PP)

• Others

• By Application

• Earth reinforcement

• Load support

• Tree root protection

• Slope protection

• Others

North America Geosynthetics Country Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Nevada

• Arizona

• Colorado

• Utah

• Canada

• British Columbia

• Alberta

• Saskatchewan

• Ontario

• Mexico

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 126 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 4126 analysts and consultants, the company adds 121200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.