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Global Geogrids Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ01673
Global Geogrids Market Outlook to 2029

Report Description

Geogrid is a flexible mesh applied to stabilize the soil behind the retaining wall to generate a reinforced cohesive mass behind the wall. According to BlueQuark Research and Consulting, the global Geogrids market is expected to grow considerably during the forecasted period. Factors such as the increasing application of geogrids in road construction due to their high tensile strength and minimal elongation nature are expected to drive the demand for the Geogrid market in the forecasted period. Further, the ever-growing development of the transportation sector is expected to drive the need for the Geogrid market in the forecasted period. Furthermore, the superior properties associated with geogrid, such as lightweight, easy handling, high-temperature stability, and vital longevity of construction, are expected to drive the demand of the Geogrid market in the forecasted period. However, the need for a skilled workforce and Dearth of awareness are expected to hinder the growth of the Geogrid market in the forecasted period.

Geogrid is used across a wide array of construction applications, including highways, dams, ports, and railway infrastructure.

The road construction segment led the market. In the road construction segment, geogrid is mainly used in two major application areas - subgrade stabilization and base reinforcement. In the base reinforcement application, the geogrids are applied at the bottom or within the unbound layers of a flexible pavement system, which helps improve the load-carrying capacity of the pavement subjected to repeated traffic. In subgrade stabilization applications, the geogrids are used to build a construction platform over the weak subgrades to carry the equipment and facilitate the construction of the pavement system without any excessive deformation of the subgrades. Geogrids also successfully reinforce asphalt concrete (AC) overlays, mainly regarding reflective crack retardation. Another benefit of geogrids is that they develop an efficient interlock with surrounding asphalt, which helps prevent cracks from opening even after penetrating full depth. A geogrid is a geosynthetic material utilized to retain walls and reinforce soils, subbases, or subsoils below roads or structures. Geogrids are robust in tension, which allows them to transfer forces to a more extensive soil area, thereby reinforcing it. The design of the grid defines the reinforcing capacity. Geogrids of triangular and rectangular patterns are the most renowned grids worldwide because of the technical aspect that binds the structures more firmly with greater shear strength. Polyester geogrids are a type of geogrids that are made from a polyester mesh or fabric. These geogrids reinforce soil and provide a secure foundation for various construction and civil engineering projects. The polyester is woven into strips of varying widths and lengths and then bonded with resin to form a robust and durable grid. Polyester geogrids are commonly used for soil stabilization, retaining walls, roadways, and other projects where a strong and secure foundation is needed. Geogrids offer improved road surface quality and safety of roads, eliminating the need for over-excavation and disposal of poor-quality soil, high performance of earth-moving vehicles, low maintenance requirements, and resistance against inclement weather conditions such as heavy rains to the structure or area. Further, their use is environmentally safe, as it aids in reducing carbon emissions.

The Asia-Pacific region is anticipated to lead the geogrid market during the forecast period. With rising road construction in developing countries, such as China, India, and Japan, the use of geogrids is growing in the region. Due to several advantages of using geogrids, in terms of the overall cost of construction, sustainability, structural durability, ease of installation, and flexibility, prevention of soil erosion, resistance to earthquakes, and ease of construction for structures like roads and slopes, the need for geogrids market is expected to increase over the forecasted period. Based on the manufacturing process, the woven geogrid segment acquired a significant share of the Geogrid Market. It reduces manufacturing costs and minimizes or eliminates waste disposal problems that can cause environmental pollution concerns. Woven geogrid provides selective separation, reinforcement, and other geotechnical. It can be easily implemented on-site and also reduces the cost of manufacturing products. Woven geogrid becomes stronger after elongation. With the help of woven geogrid soils, rock, and earth can be used with foundation. Plastic geogrid is made from a plastic material, such as polyethylene, polypropylene, or polyvinyl chloride (PVC). It reinforces soil structures like roads, dams, and retaining walls. Geogrids are solid and durable and can be used in various applications, including construction, erosion control, and landscaping. Plastic geogrid is lightweight and easy to install, and it can be used to reduce costs while improving the strength and longevity of soil structures. PVC is high-strength filament yarns that are aggregates of binder material, which also provides a protective material. PVC gives a system to geogrid with desired properties such as UV resistance and chemical base resistance. Further, the easy availability of raw material (i.e., PVC) to manufacture geogrid is another factor contributing to the growth of PVC based Geogrid Market. Rising investment in road infrastructure, growing road maintenance activities, and rising adoption of geogrid in roads and highways are the primary factors boosting geogrid demand in the road and highway application segment. Steel plastic composite geogrid is a type of geogrid made from steel and plastic materials. It is a strong, lightweight, and durable material used for various civil engineering applications, such as reinforcing soil, retaining walls, and pavement reinforcement. Steel plastic composite geogrid offers several benefits, including increased tensile strength and superior creep resistance. This material is also corrosion-resistant, which makes it an excellent choice for use in areas with fluctuating temperatures and moisture levels.

Some market key players are ACE GEOSYNTHETICS, GLEN RAVEN INC., HUESKER SYNTHETIC GmbH, LOW & BONAR PLC, MACCAFERRI GROUP - SECI SPA.

In August 2021, Tensar International launched its portfolio's next generation of geosynthetic solutions – the InterAx geogrids. InterAx geogrids is integrated with advanced technology that facilitates better performance, optimized geometry, and higher compaction through the use of advanced material science, accommodation of a variety of fill material, and restriction of movements of granular materials to maintain stiffness.

In December 2021, Tensar International was acquired by Commercial Metals Co for US$ 550 million. This acquisition will work towards the strategy of Commercial Metals Co to expand leadership in infrastructure and construction reinforcement using value-added products which complement its existing offering.

Global Geogrid Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Geogrid Market by segmenting based on Material (Polyethylene, Polypropylene, Polyester, and Other), Applications (Road Construction, Soil Reinforcement, Railroad Stabilization, and Other), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Geogrids market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Geogrids market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Geogrids Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

North America Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United States Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Canada Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Mexico Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Europe Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United Kingdom Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Germany Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Italy Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

France Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Other Supporting Charts

Rest of Europe Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South America Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Brazil Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Argentina Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of South America Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Asia-Pacific Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

China Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

India Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Japan Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Korea Geogrid Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Asia-Pacific Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Middle East & Africa Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Saudi Arabia Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Africa Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Middle-East & Africa Geogrids Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

  Who need this report?

  • Construction Companies
  • Railroad companies
  • Suppliers, distributors of Geogrids
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Geogrids Market Outlook to 2027.pdf
Market Data - Global Geogrids Market Outlook to 2027.xls

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