TechNavio recognizes the following companies as the key players in the Global Geotextiles Market: Royal TenCate N.V., GSE Holding Inc., NAUE GmbH & Co. KG, and Officine Maccaferri S.p.A.
Commenting on the report, an analyst from TechNavio’s team said:” Natural geotextiles are used as temporary short-term reinforcements. The use of synthetic geotextiles in these applications is overly expensive and not feasible in developing/emerging economies. Also, most developing economies have an abundant supply of renewable raw-materials. Natural geotextiles provide a less expensive option to meet end-user requirements. Thus, the use of biodegradable and eco-friendly textiles is on the rise, particularly in developing countries, such as India, China, and Brazil. Synthetic geotextiles, based on polypropylene and polystyrene, are also non-biodegradable and have a longer life than the structures they are protecting. This has caused manufacturers to switch to cheaper eco-friendly alternatives for short-term applications. For instance, geotextiles used to control soil erosion is only used for a short duration, after which natural vegetation growth takes over. Also, the strength and durability of natural fibers is sufficient for short-term applications; they also do not have any lasting effect on the environment. Thus, the use of natural geotextiles is expected to increase in the forecast period which will lead to the growth of the Global Geotextiles market.”
According to the report, one of the main drivers of this market is the increased utilization of geotextiles in road and railway construction. Contractors are increasing aware of geotextiles’ long-term cost and performance advantages when compared with traditional methods of road construction. This, in turn, has led to an increased adoption of geotextiles by contractors worldwide.
Further, the report states that one of the major challenges faced by this market is the rising cost of raw materials. The market is influenced heavily by the shortage and the rise in the price of raw materials, such as polypropylene, polyester, and polyethylene.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Fibertex Nonwovens A/S, Fiberweb plc, Global Synthetics Pty. Ltd., Low & Bonar plc, Propex Operating Company LLC, and Tenax Group Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-geotextiles-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Geotextiles Market 2012-2016
