Rise in demand from the transportation sector, increase in demand for geosynthetics from the energy sectors, and cost-efficiency of geosynthetics fuel the market growth. On the other hand, volatility in petrochemical prices hinders the global geosynthetics market growth. On the contrary, surge in demand for sustainable products in emerging economies creates lucrative opportunities in the …
Tag Archives: Geosynthetics
Geosynthetics Market Demand and Growth Opportunities Detailed Analysis Report 2022-2030
Rise in demand for geosynthetics in the transportation and energy sector and cost-effectiveness of the product drive the growth of the global geosynthetics market. On the other hand, volatility in petrochemical prices restrains the growth to some extent. However, surge in demand for sustainable products in developing economies is expected to create lucrative opportunities in …
Geosynthetics Market to Witness Heightened Revenue Growth During the Forecast Period 2021-2030
The global geosynthetics industry was estimated at $13.2 billion in 2020, and is anticipated to hit $37.9 billion by 2030, registering a CAGR of 11.2% from 2021 to 2030. Drivers, restraints, and opportunities- Rise in demand for geosynthetics in the transportation and energy sector and cost-effectiveness of the product drive the growth of the global geosynthetics market. On the other hand, …