How big is the market?

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Which segment accounted for the largest market share?

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Who are the key players in the market?

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What are the factors driving the market?

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Global Geotextiles Market 2017-2021

Q: How big is the market?

. <a href='https://www.technavio.com/report/global-geotextiles-market'>Read More</a>

Q: Which segment accounted for the largest market share?

. <a href='https://www.technavio.com/report/global-geotextiles-market'>Read More</a>

Q: Who are the key players in the market?

. <a href='https://www.technavio.com/report/global-geotextiles-market'>Read More</a>

Q: What are the factors driving the market?

. <a href='https://www.technavio.com/report/global-geotextiles-market'>Read More</a>

Published: Aug 2017
Pages: 79
SKU: IRTNTR14538

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Overview of the geotextiles market

Research analysis on the global geotextiles market identifies that the rising concern towards soil erosion will be one of the major factors that will have a positive impact on the growth of the market. There is a rising concern of countries across the globe towards the loss of agricultural land due to soil erosion. This induces the regional governments to take initiatives to stop soil erosion. The European government has already adopted Good Agriculture and Environmental Condition (GAEC 6) requirements under European Commission to minimize soil erosion. Such increasing initiatives by governments towards the prevention of soil erosion will increase the demand for geotextiles as an erosion control aid. Technavio's market research analysts predict that this market will grow at a CAGR of more than 11% by 2021.

In terms of geography, APAC will contribute to the highest revenue share of this market and ths is mainly due to the increase in road and dam constructions. The region is witnessing increasing investments towards railways, roadways, and ports for trade facilities. China and Indonesia have formed an alliance for new hydropower projects. The need to reduce soil erosion in dams and to reduce sediment transport, increases the demand for geotextiles since they are used as silt curtains in dam constructions.