The latest study titled ‘Geotextile Market By Technology Type ; By Material Type; By Application Type; By Regions, Segments & Forecast, 2018 – 2026’, available with Market Study Report, global geotextile market is projected to grow with a CAGR of 8.8% through 2026, accumulating USD 14.03 billion by the end of study duration.
 

The lucrative growth of global geotextile market is credited to ever-amplifying construction projects across various verticals, where the product is used for reinforcing soil banks in highways, roads, pavements, and bridges. Notably, geotextiles are employed for an array of functionalities including filtration, drainage, separation, and sealing, hence encouraging its demand from agriculture, transportation, and maintenance services.
 

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Based on type, worldwide geotextile market is classified into knitted, non-woven, and woven. As per the report, non-woven geotextiles are gaining substantial traction attributable to increasing number of construction activities and infrastructural developments across the globe. Federal agencies are emphasizing on precautionary maintenance of roads and other public structures in order to ensure safety during natural calamities, thereby adopting non-woven geotextiles for quality and durability.
 

Elaborating on material terrain, the marketplace is segmented into polypropylene, polyethylene, and polyesters. The study claims that polypropylene segment is touted to grow significantly through 2026, as these are low-maintenance geotextiles, providing longevity to structures. Polypropylene geo-synthetics are prevalently used in areas prone to landslides and other natural calamities.
 

Moving on to application spectrum, global geotextile market share from roadways segment is reckoned to record a strong CAGR over the ensuing years, pertaining to rapid urbanization, concerns regarding degradation of roads, and need for regular maintenance. Nations in Asia Pacific region like India, China, and Japan are consciously opting for geotextiles for cost-effective refurbishment of pavements and roads.
 

From a regional frame of reference, Europe geotextile industry size is anticipated to bolster over the forthcoming period, on account of massive spending on construction of pavements, airport runways, railways, and road in countries like France, Italy, UK, and Germany. Recently published guidelines for wastewater treatment processes, and drainage plants are also working in favor for regional market outlook.
 

Prominent companies influencing global geotextile industry trends are GSE Environmental LLC, Koninklijke Ten Cate B.V., Low & Bonar plc, Fibertex Nonwovens A/S, Leggett & Platt, Thrace Group, Officine Maccaferri SpA, HUESKER Synthetic GmbH, Strata Systems Inc., and Berry Global Inc.