Stratview Research has recently added a new report titled ‘Geotextile Tubes Market’ to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Geotextile Tubes Market.
Market Highlights
The geotextile tubes market was estimated at USD 2.65 billion in 2021 and is likely to grow at a CAGR of 9.52% during 2022-2028 to reach USD 5.04 billion in 2028.
What are geotextile tubes?
Geotextile tubes often referred to as geotubes, geobags, soil tubes, geocontainers, or dewatering bags are used for dewatering and desludging or protection. These tubes are generally manufactured from polypropylene/polyester yarns, either woven or non-woven, and are used in marine, environmental, and agricultural industries. They are resistant to biological degradation, ultraviolet deterioration, and rotting; and are inert to chemicals, alkalis, and acids.
The key players covered in this report are –
Some of the major geotextile tube manufacturers are-
- Ace Geosynthetics
- Officine Maccaferri
- Low & Bonar
- Flexituff Ventures International Limited
- TechFab India Industries Ltd.
- Geofabrics Australasia Pty Ltd.
- Koninklijke TenCate
- NAUE GmbH & Co. KG
- Huesker
- Fibertex Nonwovens
- others
Market Dynamics
The major factors contributing to the demand for geotextile tubes are increasing uses of these tubes in dewatering and desludging applications to minimize the leakage of contaminants to the environment during processing transit and final disposal.
Segment-wise analysis
Based on the textile type, the market is segmented as woven and nonwoven. Woven geotextile tubes dominated the market in 2021, with their wide use in the dewatering application. They are expected to command the market during the forecast period as well. Woven geotextile tubes have superior tensile strength and fine porosity and hence, are the ideal choice for environmental engineering.
Based on the end-use industry type, the market is segmented as marine & hydraulic, environmental engineering, agricultural engineering, and construction. The marine & hydraulic segment is expected to lead the market during the forecast period owing to its significant usage to prevent coastal erosion due to the rising sea level.
In terms of regions, Asia-Pacific is estimated to remain the largest market for geotextile tubes during the forecast period due to the long coastline of the region and rising concern about the increasing sea level. Increasing investments by the governments of countries such as China and India in infrastructure are expected to propel the market in the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
About Stratview Research
Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more.
In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
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