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The global geotextiles market size was USD 9,014.2 million in 2020 and is projected to reach USD 16,212.5 million by 2028, exhibiting a CAGR of 7.7% during the forecast period. The increasing demand for high-performance and functional textile in road construction, erosion control, and agriculture applications, coupled with growing development in the construction industry, is a primary factor driving the market growth. These are extensively used to improve the soil over which pipelines, roads, earth retaining structures, and embankments are built.
Countries are vulnerable to the climatic change that has resulted in several disasters that frequently occur worldwide. Thus, these textiles protect roads, soil, and bridges from natural disasters by retaining walls and barriers. Moreover, they have gained popularity due to their superior benefits such as mechanical strength and liquid repellency. The rising government investment in the construction sector due to rapid industrialization shall augment the market growth.
The Decline in Export and Cancellation of Orders has affected Coir Industry amid COVID-19
The novel coronavirus outbreak has halted most of the coir industry businesses due to nationwide lockdown, closure of the factories, and cancellation of export orders. India’s coir and coir product exports have disrupted, as manufacturers in Tamil Nadu export around 90% of their products, mainly in China. Coir products have piled up at units due to a large scale decline in exports and order cancellations in most European and North American countries.
Coir exporters and manufacturers from Tamil Nadu, India, have insisted the government support the companies in generating value-added coir products to help them during the pandemic.
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Deploying Coir in Rural Road Construction to Propel Market Growth
Geosynthetic materials are used to stabilize soil during the construction of roads and perform the function such as separation, drainage, and reinforcement. However, strict environmental protection and the high cost of geosynthetic materials make it vital to opt for alternate natural products that are eco-friendly and cost-effective. Natural fibers like jute and coir are good alternatives to geosynthetic owing to them being eco-friendly, easily available, and low cost.
A considerable length of roads planned to be constructed in countries such as India under various programs needs construction over poor subgrade soils. The road performance depends on the subgrade soil properties. To improve or recover road performances, coir textile is used as reinforcement. For example, in May 2020, the Central Government of India announced using coir geotextiles for rural road construction under the third phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-III). This is likely to boost the coir industry in these challenging times of the COVID-19 pandemic. According to the PMGSY’s new technology guidelines for rural road construction, about 15% of the road length in each batch will be constructed using the new technology.
Increasing Investment in Construction Projects to Drive Market Growth
The increasing infrastructure spending in different construction projects shall boost the demand for these textiles. Mostly state, local, and federal governments are the key contributors to highway construction funding. Moreover, the increasing number of public-private partnerships (P3s), as they receive money and the government's approval to build roads and highways, is likely to boost the product's demand.
For instance, in 2018, the public sector in the U.S. spent around USD 92.5 billion on highway construction, wherein the road and highway construction sector is likely to grow around USD 103 billion by 2022. Similarly, the Indian Government has allocated USD 13.14 billion under the National Infrastructure Pipeline (NIP) for FY 2019-25. The road sector is expected to account for 18% of capital expenditure during the FY 2019-25. Also, the Indian Jute Mills Association (IJMA), the National Jute Board (NJB), and the Bihar government’s rural work department have endorsed geotextile use in the Pradhan Mantri Gram Sadak Yojana (PMGSY), which will be beneficial and cost-effective in road construction. Therefore, the increasing investment in construction projects is expected to boost the global geotextiles market growth during the forecast period.
Fluctuating Prices of Raw Materials to Hinder Market Growth
Geotextiles are manufactured using natural fibers like coir and jute and synthetic fibers such as polyester, polyethylene, and polypropylene. Change in the supply & demand of these raw materials may negatively impact the overall industry outlook. Synthetic fiber materials are extracted from crude oil. Thus the rise in crude oil prices results in a hike in the price of the raw materials. Also, polypropylene resin and other plastic resin costs have skyrocketed in recent times. Therefore, significant fluctuations in the cost of raw materials can be a restraint for the growth of the market.
Synthetic Material Segment to Dominate
Based on material, the global market is segmented into synthetic and natural.
Synthetic material type is further segmented into polypropylene, polyester, and polyethylene. The polypropylene (PP) segment is anticipated to remain dominant in the forthcoming years. PP woven textile features low elongation and high strength to allow for erosion control, stabilization, and slope support. It is widely used in pavements, roads, dams, riverbank, diversion irrigation, and railroad projects owing to its properties such as lightweight, smaller elongation, stability, withstand tough construction loading, and strong tensile strength
The natural material is further segmented into coir and jute. Jute is likely to lead the segmental growth during the forecast period. The rising environmental concerns and the increasing government regulations towards carbon emission have urged companies to formulate eco-friendly and natural products. Jute being an environment-friendly and biodegradable natural fabric is an alternative to many synthetic materials. Moreover, it has great moisture retention capability, ease of installation, high tensile strength, biodegradability, and lower cost. It is used in road pavement construction, soil reinforcement, and the protection of river banks.
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Non-Woven Segment to Hold Largest Geotextiles Market Share
Based on the product, the market is divided into woven, knitted, and non-woven.
The non-woven segment is anticipated to dominate the market during the forecast period. This is attributable to the large-scale infrastructural development that has led to the growing demand for nonwoven geo textiles in the road, railway, highway, airport construction, soil separation, drainage systems, soil reinforcement filtrations. According to data from European Disposables and Nonwovens Association (EDANA), around 750 square kilometers of geotextile nonwovens are sold and manufactured every year, of which 60% is used in road construction. If the new roads in the EU were made with nonwovens instead of gravel, it would save around 6.8 million tons of carbon dioxide equivalents. Moreover, they offer both an environmental benefit and cost-saving to the users owing to their properties such as lightweight, tolerant to temperature fluctuations, and puncture & tear resistance.
The woven product delivers high tensile strength, durability, improved performance, reduced long-term maintenance costs, and extended project life, thus effectively reducing the environmental impact. They resist UV degradation and are suitable for long-term applications. This enables them to be highly adopted in drainage, soil reinforcement, separation, filtration, dam, and building construction activities. This is likely to contribute to the growth of the segment during the forecast period.
Road Construction Segment to Hold Major Share Due to Huge Growth in Automotive Sales
On the basis of application, the market is segmented into road construction, erosion control, pavement repair, drainage, railroad, agriculture, and others.
Road construction accounted for the highest share in 2020 and is expected to continue its dominance during the forecast period. This is attributable to the rise in per-capita spending on automobiles and the increasing government spending on road infrastructure, which is expected to augment market growth. In road construction applications, these textiles are mainly used to fill gaps between the roads to improve the overall soil structure and prevent the roads from deteriorating. It improves the stability and decreases water erosion chances, thus strengthening the road stability for a longer time.
In agriculture, the product is used for protection against wind, sun, and control against weeds, birds, and insects. Also, farmers have started using geotextiles for improving crop yield. The breathable organic cover provided by the product is likely to inhibit soil erosion while ensuring weed control and proper irrigation. This is anticipated to favor the growth of the segment.
The product is mostly used in erosion control applications as they create a grip to hold the soil tight. These are used for drainage, filtration, and reinforcement. In September 2016, few researchers from the Indian Institute of Technology (IIT), Kharagpur, designed a durable and eco-friendly jute geotextile mainly for erosion control. This jute-based product is installed to prevent soil from cut slopes, embankments and instigate vegetation and germination growth. Also, they are used in covering plants to protect them against frost. Therefore, such factors are likely to contribute to the growth of the erosion control segment in the forthcoming years.
Asia Pacific Geotextiles Market Size, 2020 (USD Million)
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Asia Pacific stood at USD 3,038.1 million in 2020 and is expected to dominate the global market in the forthcoming years. This is attributed to the growing construction industry and the ongoing infrastructure projects in India and China. Moreover, rapid urbanization, availability of a skilled workforce, and the increasing government initiatives for infrastructure development and improvement will contribute to regional growth.
For instance, in August 2020, China State Railway Group announced to expand its railway network, which will reach 200,000 kilometers of railway tracks, and around 70,000 kilometers of high-speed railway network by 2035. In May 2020, coir manufacturers and exporters in Tamil Nadu, India, hoped for a better rural road after the National Rural Infrastructure Development Agency stated that at least 5% of the roads sanctioned under the PMGSY-III must be built using coir geotextile in coir-producing states. Such developments are expected to favor regional growth in the forthcoming years.
The rising environmental and health concerns have increased the demand for green infrastructure solutions due to their low cost, sustainability, and environmentally friendly attributes in major European countries. The stringent EU policy directs the manufacturers to build green infrastructures that prevent the environment from pollution while protecting the ecosystem. Furthermore, the government focuses on enhancing and spending on road infrastructure projects due to the rising automotive sales, coupled with the ongoing road infrastructure development that will boost regional growth.
North America is likely to experience significant growth during the forecast period. The drainage systems in the U.S. are highly developed and extensive, and high utilization of drainage systems has resulted in regular and proper maintenance. The increasing R&D activities and technological advancements have led to the introduction of natural and synthetic materials that require less maintenance, thus positively impacting the market growth in the region.
With continuous R&D investments and increasing competitiveness levels, the non-woven and woven product offers massive growth potential in Latin America. For instance, back in September 2013, Strata had acquired 50% of the equity in Geo Solucões Ltd. of Brazil to strengthen its position in the region.
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The growing product demand for reducing road damage risk and improving groundwater level is anticipated to boost the growth of the market in the Middle East and Africa. In October 2020, the South African Forum of Civil Engineering Contractors (SAFCEC) and South African National Roads Agency SOC Limited (SANRAL) signed a memorandum of understanding for small road contractors in South Africa to execute road construction
Companies are Focusing on Capacity Expansion, Strategic Partnership to Strengthen Their Positions
The market is fragmented in nature with key players such as TENAX, TenCate, Terram Geosynthetics, Fibertex Nonwovens A/S., Maccaferri, and HUESKER Synthetic GmbH. Most manufacturers focus on acquisition, strategic partnership, and capacity expansion to enhance their product portfolio and broaden their market reach. Also, the development of the product is based on international market requirements.
An Infographic Representation of Geotextiles Market
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The market research report provides a detailed analysis of the geotextiles industry and focuses on crucial aspects such as leading companies, materials, products, and applications. Also, the report offers insights into market trends and highlights vital industry developments. This report includes historical data & forecasts revenue growth at global, regional, and country levels, and analyzes the industry's latest market dynamics and opportunities. In addition to the factors mentioned above, the report encompasses various factors contributing to its growth in recent years.
Value (USD Million) and Volume (Million Square Meters)
Material; Product; Application; and By Region
Fortune Business Insights says that the global market size was USD 9,014.2 million in 2020 and is projected to reach USD 16,212.5 million by 2028.
In 2020, Asia Pacific stood at USD 3,038.1 million.
Growing at a CAGR of 7.7%, the market will exhibit steady growth during the forecast period (2021-2028).
The road construction segment is expected to lead during the forecast period.
The growing construction industry, along with the increased spending on road construction projects, is expected to drive the growth of the market.
TENAX, TenCate, Fibertex Nonwovens A/S, AGRU AMERICA, INC., Terram Geosynthetics Pvt. Ltd., and HUESKER Synthetic GmbH are major players in the global market.
Asia Pacific dominated the market share in 2020.
The increasing use of coir products in road construction is expected to drive the adoption.
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