Geocells Market
During the forecast period 2022-2032, the geocells market is expected to grow at a value of 6.1% CAGR, according to Future Market Insights. By the year 2032, the global market for geocells is expected to rise up to a market valuation of US$ 242.25 Million.
Geocells are robust, lightweight three-dimensional systems constructed of polymer film strands, sometimes known as geotextiles. These items are also known as cellular confinement systems. These geocells are new geosynthetic materials that increase the load-carrying capacity and strength of the structure by up to five times.
The use of geocells reduces pavement thickness and vertical stresses significantly. These cells are used for a variety of purposes, including channel and slope protection, extra load support, wall retention, and shoreline protection.
North America is expected to grow significantly in the geocell market over the projection time frame due to rigorous government regulations and policies, as well as rapidly expanding infrastructure. Due to the rising demand for geocells in various developing economies such as India, Japan, China, and Malaysia, Asia Pacific is likely to grow rapidly and form the most lucrative market for geocells.
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Furthermore, significant infrastructure developments in the MEA are projected to contribute to growing demand. Europe is projected to have large demand because of rapid industrial expansion and improved government regulations, notably in its western region, which comprises Germany, France, Austria, and the Netherlands.
Due to their superior load-bearing capabilities, manufacturers favor very lightweight and hard-durable materials such as PP and HDPE. Furthermore, deployment across operations linked to earth reinforcement to bring in strong infrastructure provision is expected to be a major opportunity in the worldwide geocells market during the projection period.
Key Takeaways from the Market Study
- In 2022, the global geocells market is estimated to have a global market size of US$ 134 Million.
- By material type, the HDPE segment is expected to gain a 71.5% market share in 2022.
- By application type, the channel protection segment is projected to acquire a global market valuation of 42% in 2022.
- The North American market for geocells will expand with a market share of 39% in 2022.
- The APAC geocells market is expected to grow with a 7.5% CAGR during the forecast period.
- Europe is projected to grow with a 5.9% CAGR during 2022-2032.
Competitive Landscape
The market’s leading players rely heavily on product innovation and expanding their product portfolio. Aside from that, firms are pursuing tactics such as collaborations and acquisitions.
Key Companies Profiled
- Presto Geosystems
- Polymer Group Inc.
- TMP Geosynthetics
- Armtec Infrastructure Inc.
- Strata Systems Inc.
- PRS Mediterranean Ltd.
- Maccaferri S.p.A.
- ACE Geosynthetics
- Miakom Group
- Wall Tag Pte. Ltd.
- Tensar International Ltd.
- Bermuller Co. GmbH
- Greenfix Soil Stabilization and Erosion Control Limited
- Tencate Geosynthetics
- Admir Technologies
- Polyfabrics Australasia Pty Ltd.
- Low Bonar
- ABG Geosynthetics
- Huifeng Geosynthetics
- SABK International
- Wrekin Products Ltd.
- CeTeau Group.
For Instance:
- Bermuller Co. GmbH is a well-known geosynthetic fabric company that provides one-of-a-kind transportation infrastructure solutions. BONTEC NW non-woven fabrics are available from the company and are utilized in earthworks, road construction, and construction management. These are utilized to filter soils that must be discharged during the construction phase while designing geocells.
- Greenfix is a well-known soil stabilization and erosion control specialist, offering a comprehensive line of erosion prevention cellular confinement systems, including the well-known Geoweb® line. The Tree Root Protection System is one such solution since it protects roots planted inside the top 600 mm of the soil’s surface layers by dispersing the load horizontally and thereby avoiding compaction.
Key Segments Covered in the Geocells Market Report
Geocells Market by Application:
- Slope Protection
- Earth Reinforcement
- Load Support
- Tree Root Protection
- Channel Protection
Geocells Market by Material Type:
- High-Density Polyethylene (HDPE)
- Polypropylene (PP)
- Polyester
- Other Polymeric Alloys
