Global Geocells Market Size is estimated to expand rapidly in coming years, at a CAGR of 9.2 % from 2018 to 2027. In 2017, the global market valuation was USD 372.8 million, and it is anticipated to be greater than USD xx.xx million by 2027. Due to rapid urbanization and increasing development in different countries, including India, China and South Africa, the geocells market is expected to see significant growth over the forecast period. Increased demand is projected to have positive effects on the global demand for these three dimensional honeycomb structures of high-density polypropylene, polyester, polythene and polymer alloys, primarily because of use in the constructions field. The demand for sustainable infrastructure development, soil erosion control and the improvement of building standards are expected to grow over the coming period.
Global Market Growth Opportunities (Revenue, Growth) By 2019-2027
Geocells are used primarily to control erosion, protect the pathways, stabilize the soils, sustain loading, strengthen the earth's position, protect the channel, and protect the tree root which is anticipated to be the major driver for the growth of the market. In turn, modern polymer alloys are projected to be used to manufacture geocells and drive market growth for heavy duty use, including upgrading of the roads, container yards and motorways. In contrast, the geocell surface offers a durable mattress that is more affordable, which will fuel competition on the industry.
Rapid road development, owing to its use as a surface and a base stabilizer on paved roads, will also fuel demand. However, growing geocell use in water conservation initiatives, light weight production and nano-fiber-based geocellular technology are anticipated to accelerate market growth. A further positive market effect is projected to be expected to increase the demand for polymeric alloys & polyester derived geocells. Nevertheless, strong competition from replacement products, including geomembrane and geogride, as well as weak knowledge among network developers are anticipated to restrict the market growth over the forecast period.
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global geocells market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global geocells market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.
During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global geocells market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.
We have covered two proprietary models in the geocells report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.
By Raw Material Insights: On the basis of raw material, global geocells market has been segmented into high-density polyethylene (HDPE), polypropylene. The HDPE field is expected to constitute the highest geocells market share in 2017, based on raw material. This development can be ascribed to outstanding properties, including chemical tolerance, ageing resilience to heavy climate strain, good longevity and intrinsic versatility coupled with easy accessibility and relatively low-cost, cost-effective HDPE geocells for large projects.
The geocells market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Thanks to their stringent government policies, legislation and rapidly growing infrastructure, North America is expected to show significant market growth over the forecast period.
The rapid development of infrastructure in MEA is expected to contribute also to the increased demand in Asia Pacific because of the growing demand for geocells in various developing economies including India, China, Japan and Malaysia. Europe, due primarily to rapid industrial development and regulations by government, is expected to experience high demand in its western region, including France, Germany, the Netherlands and Austria.
Global Geocells Market Size, Share Analysis by Region 2017-2027
Global Geocells Market Study Objective
1. To forecast the market size of geocells market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of geocells market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of geocells market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of geocells market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the geocells market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Polymer Group Inc., Presto Geosystems, TMP Geosynthetics, Geocell Systems Inc., Strata Systems Inc., Wrekin Products, Ltd., Armtec Infrastructure Inc. Maccaferri S.P.A, ACE Geosynthetics, Alliance Geosynthetics, Terram, Wall Tag Pte Ltd., PRS Mediterranean Ltd., Miakom Group of Companies, Geo Products, Tensar International Ltd., Admir Technologies, Polyfabrics Australia Pty Ltd., Hanes Geo Components, Tencate Geosynthetics, Bonar, Huifeng Geosynthetics, ABG Geosynthetics, SABK International and CeTeau Group are some of the key players in the global market of geocells.
Global Geocells Market Study Report Offer You!
The global geocells market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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