TechNavio recognizes the following companies as the key players in the Global Geosynthetics Market: GSE Holdings Inc., Koninklijke TenCate N.V., NAUE GmbH & Co. KG, and Officine Maccaferri S.p.A.
Commenting on the report, an analyst from TechNavio’s team said: “Many countries are adopting geosynthetic products to construct road and bridges. Geosynthetics materials, especially geogrids and geotextiles, are used in road construction to increase the performance of the roads. Geogrids consists of polymers formed into rigid grid like configurations. They are used in sub-base layers of roads, to provide stiffness and strength. In addition, the development of wind energy projects has increased the demand for geosynthetic materials. ”
According to the report, one of the major growth drivers in the market is the increasing demand for Geosynthetic products and materials from the Construction industry, especially in the emerging nations. Emerging nations such as China, Brazil, and India are experiencing huge growth in the Construction industry and this in turn increase the demand for geosynthetic products in these countries.
Further, the report states that one of the major challenges in the market is the lack of awareness of the benefits associated with using geosynthetic materials. Usage of geosynthetic products in many of the emerging nations is low compared to that in developed countries. This is due to the lack of awareness about the benefits of geosynthetic materials. One of the major benefits of the geosynthetic materials are that they are easy to install.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Low and Bonar plc, and Propex Operating Co. LLC.
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-geosynthetics-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 Geosynthetics Market 2012-2016
