Nov 20, 2017   SOURCE: BusinessWire

Geogrid (Uniaxial, Biaxial, and Triaxial) Market 2017 - Global Forecast to 2022 - Research and Markets

The "Geogrid Market by Type (Uniaxial, Biaxial, and Triaxial), Application (Road construction, Railroad stabilization, and Soil Reinforcement), Manufacturing Method, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The geogrid market is projected to reach USD 1099.2 million by 2022, at a CAGR of 9.2% from 2017 to 2022

One of the most significant factors driving the growth of the geogrid market is the increased demand for geogrids in infrastructural activities. However, quality control is one of the major issues in the developing economies, which include standards for testing facilities and technology and the awareness about the product is not widespread in the developing economies, and also the construction standards do not incorporate geogrids as a basic construction material. In addition, lack of autonomous and competent regulatory authority in line with international authorities and fabric associations restrict the market growth in these countries.

Among all types, biaxial geogrids is estimated to account for the largest share of the geogrid market in 2017, in terms of both value and volume. These geogrids are generally used to stabilize and reinforce soils in the construction of roads, parking lots, and building foundations. Biaxial geogrids are perfectly suitable for conditions such as weak subgrades, contaminated soils, heavy loads, high granular costs, and shallow buried utilities. Greater demand from the road industry is basically driving the market for biaxial geogrids at a global level, as they are used in the construction of highways, flyovers, and bridges.

The geogrid market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, in terms of both value and volume. China and India are the key markets of geogrids in the region. The increased demand for geogrids in infrastructural activities is projected to drive the geogrid market in the region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Geogrid Market, By Type

7 Geogrid Market, By Manufacturing Method

8 Geogrid Market, By Application

9 Geogrid Market Size, By Region

10 Competitive Landscape

11 Company Profiles

  • ACE Geosynthetics
  • Asahi-Kasei Geotech
  • BOSTD Geosynthetics Qingdao
  • CTM Geosynthetics
  • Carthage Mills
  • Diamond Grid
  • GSE Environmental
  • HUESKER
  • Low & Bonar
  • Maccaferri
  • Machina-Tst
  • Maruti Rub-Plast
  • NAUE
  • Other Companies
  • Pietrucha
  • Propex Operating Company
  • Strata System
  • TMP Geosynthetics
  • TechFab
  • Ten Cate
  • Tenax
  • Tensar
  • Thrace
  • Titan Environmental Containment
  • Viking Containment
  • Wrekin Products

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