U.S. Geocomposites Market Size, Share & COVID-19 Impact Analysis, By Product (Geotextile - Geonet Composites, Geotextile - Geomembrane Composites, Geomembrane - Geogrid Composites, Geotextile - Geogrid Composites, and Others), By Function (Separation, Drainage, Reinforcement, and Others), By Application (Water & Wastewater Management, Road & Highway, Landfill & Mining, Soil Reinforcement, and Others), and Country Forecast, 2023-2030

The U.S. geocomposites market size was worth USD 90.08 million in 2022 and is projected to grow at a CAGR of 6.7% during the forecast period.

Geocomposites are engineered materials that compose different geosynthetic components, such as geotextiles, geomembranes, and geogrids, combined to create a multifunctional product. These composite materials are used in civil engineering and environmental applications to enhance the performance of geotechnical structures, including retaining walls, landfills, and drainage systems. The strategic integration of various geosynthetics in these products addresses specific project requirements, providing solutions for soil stabilization, filtration, drainage, and erosion control.

In 2020, the COVID-19 pandemic declined the U.S. geocomposite market growth due to the decrease in the number of construction and infrastructure activities. In addition, product manufacturing in the country was halted owing to the disrupted supply chains and lockdown restrictions. However, post-pandemic the product demand is increasing steadily due to the stabilization of the construction industry.

U.S. Geocomposites Market Trends

Incorporation of Geocomposites in Green Buildings to Create New Market Growth Opportunities 

Sustainability has gained significant prominence in the construction sector, resulting in wider adoption of the product and enabling the construction of environmentally conscious buildings. These products enhance soil stability without extensive excavation, provide erosion control, and support storm water management, aligning with green construction targets. They also facilitate vegetated solutions and reduce the environmental footprint of projects, offering a more sustainable alternative to traditional methods. Their incorporation in construction projects can contribute to green building acknowledgements such as LEED certification by promoting resource efficiency and ecological sensitivity. Overall, geocomposites play a pivotal role in meeting the objectives of green building practices, supporting responsible land use, and minimizing the environmental impact of construction activities in the pursuit of sustainable development. This rising product adoption in green buildings is expected to drive the growth of the geocomposites market in the U.S.

U.S. Geocomposites Market Growth Factors

Product’s Ability to Address Specific Needs Encountered in Different Types of Construction Projects to Drive the Market Growth 

The demand for the product in the U.S. is significantly influenced by the ongoing infrastructure development in the country. As the country invests in the construction and maintenance of critical structures such as highways, bridges, and tunnels, these products are likely to play a critical role in addressing specific construction challenges. This versatile material is utilized for soil stabilization, preventing erosion, and ensuring the long-term stability of structures. In areas prone to soil erosion, the product offers an effective solution for erosion control along embankments and waterways. In road construction, the product is integral for improving pavement performance, reducing cracks, and deformation, thereby increasing the lifespan of roadways. Overall, the product demand is intricately linked to its ability to provide sustainable, cost-effective, and resilient solutions tailored to the specific challenges encountered in different types of infrastructure projects. As the U.S. continues its focus on infrastructure upgrades, geocomposite material is anticipated to play a pivotal role in ensuring efficiency, longevity and environmental sustainability in construction activities. This factor is poised to drive the U.S. geocomposites market growth during the forecast period.

RESTRAINING FACTORS

High Initial Cost of Installation May Hamper the Market Growth

The perception of higher initial costs is a significant hurdle to the widespread adoption of geocomposites. Decision makers often prioritize immediate budgets, perceiving the product as more expensive upfront. However, this undermines the long-term economic benefits, including reduced maintenance costs, extended lifespan, and improved project efficiency. To overcome these limitations, effective communication of life cycle cost analysis is crucial. Initial investment leads to a substantial saving over time can shift the focus from short-term expenses to the overall value proposition of geocomposites. Educational initiatives, case studies, and exploring financial options and incentives can contribute to eliminating misconceptions and encouraging more informed decision-making among construction professionals.

U.S. Geocomposites Market Segmentation Analysis

By Product Analysis

On the basis product, the market is divided into geomembrane - geogrid composites, geotextile - geonet composites, geotextile - geogrid composites, geotextile - geomembrane composites, and others.

The geotextile-geonet composites segment depicted the largest U.S. geocomposites market share in 2022. In this segment, geotextile and geonet components are strategically combined to leverage their complementary properties. The geotextile component offers a filtration and separation function, preventing soil particles from clogging the drainage pathway. Simultaneously, the geonet component enhances the drainage and provides additional support for load distribution.

Similarly, the geomembrane-geogrid composites segment combines the complementary functions of geomembrane and geogrid. The geomembrane creates a barrier layer inhibiting the movement of fluids. At the same time, geogrid provides a reinforcement layer that provides stability and distributes the load evenly.

By Function Analysis

Based on function, the market is divided into drainage, reinforcement, separation, and others.

The drainage segment held the largest market share in 2022 and is expected to be the fastest growing segment during the forecast period.  In infrastructure projects, these products work as a versatile and effective tool for drainage. They reduce the damage risk from water buildup and ensure the safety and durability of structures. These materials typically combine a highly permeable component with supporting or load-bearing components.

Separation is another prominent function offered by the product. These products are developed to ensure different layers of materials, such as gravel, sand, and soil, remain separated. Thus, they improve the stability and durability of infrastructure projects in applications, including railway and road construction.

By Application Analysis

Based on application, the U.S. geocomposites market is segregated into road & highway, soil reinforcement, water & wastewater management, landfill & mining, and others.

The road & highway segment accounted for the major market share in 2022.  The product used in the roadways enhances the stability and load-bearing capacity of road structures. They prevent water from entering road structures, decrease the cracking risk, and make the road more erosion-resistant. The rising awareness of the environmental benefits of these products is anticipated to bolster their demand for the construction of road and highwall.

In water & wastewater management, the product can act as a filter medium for rainwater or a drainage layer for the management of water flow. For instance, geotextile-geomembrane composites find common deployment as a barrier for the prevention of the movement of contaminants into surface water or groundwater.

List of Key Companies in U.S. Geocomposites Market

Geocomposite manufacturing is a highly capital-intensive industry. Manufacturing facilities require setting up specialized machinery along with R&D capabilities. The leading companies profiled in the market report include SKAPS Industries, TenCate Geosynthetics Americas, and  AGRU America, Inc. Key players compete primarily based on the price and application characteristics of the product.

LIST OF KEY COMPANIES PROFILED:

• TenCate Geosynthetics Americas (U.S.)


• SKAPS Industries (U.S.)


• AGRU America, Inc. (U.S.)


• Strata Systems, Inc. (U.S.) 


• American Wick Drain (U.S.)


• HUESKER Inc. (U.S.)


• TYPAR Geosynthetics (U.S.)


• Maccaferri Inc. (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• September 2021 – SKAPS Industries & Layfield Geosynthetics launched GeoVolt, a new geocomposite that is equipped with a thin conductive film over a needle-punched nonwoven geotextile. The patented conductive geocomposite will aid in quicker and precise detection of leaks and is made to be employed in lined systems with any type of geomembrane.


• June 2021 – Solmax acquired TenCate Geosynthetics. This acquisition will improve its operational capacity, geographic reach, and resources, allowing it to establish a stronger position in the geosynthetics sector.

REPORT COVERAGE

The study report thoroughly examines key factors such as leading companies, applications, and products. It also provides market trends and highlights significant industry advancements. The study includes different variables that have contributed to the market's growth in recent years and the factors listed above. It examines the industry's newest market dynamics and opportunities, as well as historical data and revenue growth estimates at the country level.

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Report Scope & Segmentation