DUBLIN, May 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Geosynthetics Market 2016-2020" report to their offering.
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The global geosynthetics market is expected to grow at a CAGR of 10.49% during the period 2016-2020.
Geosynthetics serve as cost-effective alternatives in civil and coastal engineering, construction industries, and environmental applications. It has applications in road construction, railway stabilization, water management, waste management, mining, soil reinforcement, and erosion control.
As the global geosynthetics market is highly competitive, manufacturers are creating innovative geosynthetic products and are involved in exploring potential markets to enhance their market share. Considerable research is also being undertaken to use recycled raw materials in the manufacturing process of geosynthetics. For instance, Cellweb Tree Root Protection System offers a flexible and porous solution for shielding tree roots while producing a tough and stable stage when building vehicular access tracks.
According to the report, rise in demand for roadway and railway infrastructure is one of the major drivers in the market. A majority of the infrastructure spending is toward the construction of roadways and railways. The use of geosynthetics reduces the costs associated with engineering construction and prolongs the life of the roadways and railways.
Further, the report states that lack of relevant product standards in the emerging markets poses a major challenge for the global geosynthetics market, restricting the development of the geosynthetics industry in such regions.
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Agru America
- GSE Environmental
- Low and Bonar
- Officine Maccaferri
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Geography segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Risk exposure
For more information visit http://www.researchandmarkets.com/research/6mmbwb/global
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SOURCE Research and Markets