Latest Market Research Report 2025

The global geosynthetics market, valued at approximately USD 15.54 billion in 2023, is projected to experience robust growth at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2030. This growth is largely driven by the increasing demand for geosynthetic products across diverse sectors, spurred by rapid infrastructure development, particularly in emerging economies such as India, Brazil, and China. These economies are seeing significant expansion in their infrastructure and construction sectors, which is expected to create significant demand for geosynthetics, as these materials offer numerous benefits including sustainability, reduced earthwork, minimal carbon footprints, and faster construction rates. Geosynthetics, including products like geotextiles, geonets, and geocells, are crucial for a variety of civil engineering applications. Geotextiles are commonly used as lining systems in the construction of ponds, streets, embankments, and pipelines. Additionally, they are inte...

  The global geosynthetics market was valued at approximately USD 15.54 billion in 2023 and is expected to experience significant growth, with a projected compound annual growth rate (CAGR) of 6.9% from 2024 to 2030. This growth is largely driven by rapid infrastructure development in emerging economies like India and Brazil. The use of geosynthetics contributes to sustainable development, requires less earthwork, results in a lower carbon footprint, and enhances the speed of construction. In particular, the expansion of the construction industry in the Asia Pacific region is anticipated to be a major driver of market growth over the next seven years. The global construction industry faced significant challenges in 2020 due to the COVID-19 pandemic, which led to the suspension of numerous projects as governments implemented lockdown measures to curb the virus's spread. Market participants reported a decline in demand for new office spaces and other infrastructure projects, primaril...