Geotextiles Market

Market Overview

The global geotextiles market size was valued at USD 6.68 billion in 2021 and is predicted to reach USD 11.72 billion by 2030, increasing at a CAGR of 6.45% from 2022 to 2030.

For thousands of years, geotextiles have been employed in agricultural and construction engineering. It was a common practice to employ resources like natural fibres and vegetation mix to make geotextiles. Geotextiles can now be made from both synthetic and natural fibres and polymers. Polyamides, polyethylene, polypropylenes, and polyesters are synthetic polymers used in geotextile manufacture.

Geotextile fabrics are used to make grids, mats, nets, and webs of various shapes and sizes. Plant-based geotextiles have a shorter shelf life than synthetic fibres/polymer geotextiles. The biological or chemical reactions or processes have no effect on synthetic fibres.

Today, geotextiles are widely employed in civil engineering because of their adaptability and suitability for a variety of textures. As a result, synthetic geotextiles are unfriendly to the environment since they contribute to the production of carbon dioxide. In addition, synthetic geotextiles are non-renewable.

Among the four roles of geotextiles are those of separation, filtration, strengthening, and drainage. Geotextile can also be utilised with soil and rock to strengthen stability and reduce the wind and water erosion of the structure. The fabric composition changes depending on the application.

Market Dynamics

Global Geotextiles Market Drivers

• Geotextiles In Road Construction Are in High Demand

Geotextiles have proven to be the ideal answer for ground stabilization concerns, improving pavement life, repair and rehabilitation of highways, cost control, and a longer lifespan of roads from large motorways to transport routes. There are many types of geotextiles used for filtration and separation functions in the construction of roadways (highway flyover, bridge, etc.), highways, flyovers, bridges, and pavements. Consequently, geotextiles are becoming a viable alternative to concrete in the road business.

Road and pavement deterioration is mostly caused by contamination of aggregate base, which weakens aggregate. As a result of constant traffic, the aggregate base may get contaminated by subgrade soils. It destroys road support and affects road performance and lifespan by dramatically reducing effective aggregate thickness. The soil beneath the road tends to be particularly silty, or heavy traffic causes the soil to become damp and mucky. Even if a base course of gravel is used to support the subgrade, water traveling upward drags soil fines or silt particles into the gravel, diminishing its strength. In order to keep roads stable, geotextiles are frequently employed. They aid in the separation of the subgrade and base materials and the control of water flow on or off the roadbed.

• Boosting Market Growth by Investing More in Construction Projects

Demand for these fabrics will rise as infrastructure investment in various construction projects rises. There is a lot of money going into highway construction from the state, local, and federal governments. More and more public-private partnerships (P3s) are being formed to build highways, which will increase demand for the product because of the money and government approval these P3s obtain.

It's estimated that road and highway building will be worth an additional $93 million per day by the end of 2022, according to the US Highway Trust Fund's 2018 highway construction spending figures. India's National Infrastructure Pipeline (NIP) has been allotted USD 13.14 billion for FY 2019-25. 18 percent of capital spending will be spent on roads in FY 2019-25. With the support of the Indian Jute Mills Association (IJMA), the National Jute Board (NJB), and the rural work division of Bihar's government, Geotextiles can be used for road construction in the Pradhan Mantri Gram Sadak Yojana (PMGSY). Consequently, the global construction industry is predicted to rise throughout the forecast period as a result of increased investment in construction projects.

Global Geotextiles Market Restraints

• Demand For Synthetic Geotextiles Is Affected by Fluctuations in Raw Material Prices

Synthetic fibers like polypropylene, polyester, and polyethylene are used to make geotextiles, as are natural fibers like jute, coir, and ramie. The geotextile sector could be adversely affected by any changes in the demand and supply of these basic materials. Because crude oil is the source of synthetic fibers’ raw materials, an increase in crude oil prices will have an effect on the geotextile business. The operating margins of producers are also affected by the variations in raw material prices, making it harder for them to remain competitive in the global geotextiles market.

Global Geotextiles Market Opportunites

• The Emergence of Bio-Based Geotextiles Is Expected to Open Up New Opportunities

Bio-based geotextiles, such as PLA geotextiles made from maize, sheep wool erosion mats, and other similar goods, are predicted to boost the geotextiles industry's overall growth over the projection period. There has also been a recent increase in drainage systems in countries like the United States and Canada. Overall, geotextiles industry growth will be fueled by the need for constant maintenance and the development of this construction, drainage systems, and flood-resistant building during the forecast period.

Depending on where you are in the world, for example, the continent of Europe is home to several riverbeds and bodies of water. It's more likely that these rivers will invade the area and cause problems like soil erosion and other natural disasters. Due to these and other factors, the geotextiles market is expected to grow in the future.

Segmental Analysis

The Global Geotextiles Market share is divided into different segments according to the Material, Application, Product, and Region (Geographies).

By Material, the Global Geotextiles Market is segmented into Polypropylene, Polyester, Polyethylene, and Others. Due of their superior resistance to chemicals and inorganic salts, polypropylene geotextiles dominated the market in 2021 and held a 59 percent share. Over the projected period, it is anticipated that increased demand for polypropylene from developing nations in the Asia Pacific, particularly China, will have an impact on raw material pricing trends.

In order to filter soil fines, wrap perforated pipes, and prevent erosion, geotextiles composed of materials like polypropylene and polyester offer good water flow rates. In comparison to conventional building materials like soil layers, rock aggregates, and concrete, geotextiles have various performance advantages, including longer durability and lower cost.

The demand for polyethylene-based geotextiles in the construction industry in areas with high heat applications is likely to be fuelled by the strong heat resistance provided by polyethylene fibres. Due to its availability as fibre for the textile sector, high-density polyethylene (HDPE) demand is anticipated to affect industry trends in a variety of industrial applications.

By Application, the Global Geotextiles Market is segmented into Road Construction, Erosion Prevention, Drainage, and Others. In 2021, road construction held the top spot and accounted for 48% of the market. Due to an increase in development in China and India, construction activity is growing, particularly in the Asia Pacific area. Due to the product's ability to retain soil, the National Green Highway project in India is anticipated to increase demand for geotextiles there.

Because they serve as a channel for water movement, non-woven geotextiles are being used more frequently in the building of roads, drainage systems, and to prevent erosion. Over the course of the projected period, the market is anticipated to be driven by rising product demand for infrastructure developments such roads, railroads, and bridges.

Geotextiles are used to reinforce soil, which helps to avoid soil erosion. Long-term erosion reduction is achieved through the product's ability to keep soil particles together and encourage vegetation development. One of the main issues with drainage systems is blockage brought on by soil being washed away. Geotextiles are used in drainage systems to assist make a channel for the steady flow of water.

In order to maximize the effectiveness and lifespan of drainage systems, drainage geotextiles are mostly employed in developed parts of Europe and North America. Drainage system development is a part of infrastructure development in developing nations. As a result, these nations are experiencing a major increase in geotextile demand.

By Product, the Global Geotextiles Market is segmented into Non-Woven, Woven, and Others. In 2021, nonwoven geotextiles dominated the market and generated around 67 percent of the total revenue. Due to their widespread use in a variety of applications, including construction, furniture, hygiene products, vehicles, medical items, agriculture, and packaging, the segment has dominated the market.

Due of their excellent tensile strength and inexpensive price, nonwoven geotextiles are in high demand for transportation infrastructure projects. Additionally, throughout the course of the forecast period, the demand for nonwoven geotextiles in the area is anticipated to be driven by infrastructure advancements in Asia Pacific nations like China and India.

From 2022 to 2030, revenue for woven geotextiles is projected to grow at a CAGR of more than 6.19 percent. Over the projection period, their demand is anticipated to be driven by growing product penetration in erosion prevention applications due to their advantageous qualities, such as superior filtration and high tensile strength.

In order to ensure that each soil layer functions well on its own by avoiding the mixing of different types of soil, woven geotextiles are frequently employed in the construction of highways. These items are made of robust, high-modulus polypropylene yarns that are woven into sturdy, dimensionally stable geotextiles.

Regional Analysis

The Global Geotextiles Market share is segmented by geography into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

In 2021, Asia Pacific was the most dominant region in terms of market share, accounting for almost 55 percent of the total revenue share. It is projected that greater foreign investments in the growing economies of the region, such as China and India, will have a favorable impact on the overall rate of economic growth in the region. In addition, the development of megacities in China and India is anticipated to stimulate demand for geotextiles.

Because Europe is home to a large number of riverbeds and other bodies of water, the continent's landmasses have been eroded, and water has made its way onto previously dry ground. The erosion of the shorelines of these rivers has an impact on the overall structural soundness of the area. Some of these water bodies run through significant towns. Therefore, knitted geotextiles are utilized in the prevention of corrosion in order to protect landmasses.

In both the Middle East and Africa, geotextiles have become a common component of road building due to their ability to enhance the tensile strength of the earth's mass. This, in turn, contributes to an increase in the water permeability of man-made structures. The expansion of the market is anticipated to be driven by the growing demand for products that aim to improve groundwater levels and reduce the likelihood of road damage.

It is anticipated that increasing levels of foreign investment in the manufacturing sectors of Asian nations including China, India, Thailand, and Indonesia will have a favorable impact on the industry. In addition, the expansion of megacities in China and India, in conjunction with significant infrastructural development, is anticipated to increase demand for the product during the course of the projection period.

Recent Developments

• May 2022 - One of the world's premier private investment firms, Sun European Partners, LLP, has announced the acquisition of TENAX, a leading manufacturer of chemical solutions, abrasives, and tools for the treatment of a natural stone, engineered stone, and ceramic slabs.
• January 2022 - According to a joint statement issued by the two companies, AGRU America Inc. and HK Solutions Group have introduced a new product called Monoform PLUS. Monoform PLUS is a comprehensive manhole rehabilitation product package that offers streamlined installation while having a minimal impact on local traffic.

Geotextiles Market Segmentation

By Material

• Polypropylene
• Polyester
• Polyethylene
• Others

By Applications

• Road Construction
• Erosion Prevention
• Drainage
• Others

By Product

• Non-woven
• Woven
• Others

By Region

• North America
• Europe
• Asia Pacific (APAC)
• Latin America
• Middle East and Africa (MEA)