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Geogrid Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Oct 01, 2024
Length 200 Pages
SKU # FOB19224245

Description

Geogrid Market



Growth Factors of Geogrid Market

The geogrid market size was valued at USD 1.29 billion in 2023, and the market is now projected to grow from USD 1.35 billion in 2024 to USD 1.97 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period of 2023-2030.

The COVID-19 pandemic has hampered the geogrid market growth. The lockdown measures stopped many building works. The pandemic has affected the manufacturing sector worldwide. Due to the disrupted supply chain there was a shortage of raw materials. Most investors were hesitant to spend money on new projects and start new building activities because of the economic havoc.

The geogrid market share globally has been contributed due to the expansion of the construction industry to aid market growth. The construction industry is raising infrastructural progress activities and the expansion is accelerating the product demand because of their beneficial properties, such as high tensile strength, ease in handling, and environmental safety is likely to accelerate growth. The fast urbanization, increasing population base, and upcoming infrastructure projects are increasing demand for the products.

A trend of sustainability in the construction sectors is boosting market expansion. Sustainable buildings need the usage of eco-friendly construction resources. The geotechnical engineers prefer working with costly and premium-quality imported granular fill. They can emphasize the soil structure using marginal and poorly drained fills, with environmental and cost implications. Marginal fills frequently have high silt or clay content, which can produce excess pore water pressure in the structural backfill when loaded.

Comprehensive Analysis of Geogrid Market

The geogrid market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the advanced materials industry. These segmentations are methodically divided into material, product, and application. The materials are HDPE, polypropylene, and polyester. The product contains uniaxial, biaxial, and multiaxial. The application is road construction, railroad, soil reinforcement, and others.

The North American region is conducive to the global geogrid market, leading to a recall of USD 0.52 billion owing to the concentration of manufacturers in the U.S. is probable to impel the local market. There has been substantial growth in the infrastructural development because of the increased government investments in construction projects.

The top players in the market play a critical role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These players are Huesker (U.S.), Commercial Metals Company (U.S.), TenCate Geosynthetics Europe (Austria), Strata Systems, Inc. (U.S.), Maccaferri Inc. (U.S.), Advanced Drainage Systems, Inc. (U.S.), NAUE GMBH & CO. KG. (Germany), CLIMAX SYNTHETICS PVT.LTD. (India), Synteen Technical Fabrics (U.S.), CTM Geosynthetics (India), BPM (China), S i A Pietrucha Sp. z o.o. (Poland), Veer Plastics Private Limited (India), GSE Environmental (U.S.), TENAX Corporation (U.S.), and BOSTD Geosynthetics Qingdao Ltd. (China), these market players provide a level-playing competitive landscape.

In December 2021, Commercial Metal Company announced that it had acquired Tensar Corporation. Tensar is a leader in geogrid solutions for civil construction and a portfolio company of Castle Harlan Inc.’s fund Castle Harlan Partners V, L.P. The main objective of this acquisition is to reinforce the company’s direction in the construction solutions.

Segmentation Table

Global Geogrid Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.7% during 2024-2032

Unit Value (USD Billion); Volume (Mn Sq. Mtrs.)

Segmentation By Material
  • HDPE
  • PP
  • Polyester
By Product
  • Uniaxial
  • Biaxial
  • Multiaxial
By Application
  • Road construction
  • Railroad
  • Soil Reinforcement
  • Others
By Region
  • North America (By Material, By Product, By Application, By Country)
  • U.S. (By Application)
  • Canada (By Application)
  • Mexico (By Application)
  • Europe (By Material, By Product, By Application, By Country)
  • Germany (By Application)
  • U.K. (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • Rest of Europe (By Application)
  • Asia Pacific (By Material, By Product, By Application, By Country)
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • South Korea (By Application)
  • Rest of Asia Pacific (By Application)
  • Latin America (By Material, By Product, By Application, By Country)
  • Brazil (By Application)
  • Argentina (By Application)
  • Rest of Latin America (By Application)
  • Middle East & Africa (By Material, By Product, By Application, By Country)
  • Saudi Arabia (By Application)
  • South Africa (By Application)
  • Rest of the Middle East & Africa (By Application)


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Table of Contents

200 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Industry Developments –Mergers, Acquisitions, and Partnerships
4.2. Latest technological Advancements
4.3. Porters Five Forces Analysis
4.4. Supply Chain Analysis
5. Global Terrestrial Trunked Radio (TETRA) Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Analysis, Insights, and Forecast
5.2.1. By Operation
5.2.1.1. Trunked Mode Operation
5.2.1.2. Direct Mode Operation
5.3. Market Analysis, Insights and Forecast
5.3.1. By Component
5.3.1.1. Hardware
5.3.1.2. Software
5.4. Market Analysis, Insights, and Forecast
5.4.1. By Mounting Type
5.4.1.1. Portable
5.4.1.2. Mobile
5.5. Market Analysis, Insights, and Forecast
5.5.1. By Application
5.5.1.1. Industrial
5.5.1.2. Utilities
5.5.1.3. Transportation
5.5.1.4. Mining
5.5.1.5. Military
5.5.1.6. Homeland Security
5.5.1.7. Fire Department
5.5.1.8. Emergency Medical Services
5.6. Market Analysis, Insights, and Forecast
5.6.1. By Region
5.6.1.1. North America
5.6.1.2. Europe
5.6.1.3. Asia Pacific
5.6.1.4. Rest of the World
6. North America Terrestrial Trunked Radio (TETRA) Market Analysis, Insights and Forecast, 2019-2032
6.1. Market Analysis, Insights, and Forecast
6.1.1. By Operation
6.1.1.1. Trunked Mode Operation
6.1.1.2. Direct Mode Operation
6.2. Market Analysis, Insights and Forecast
6.2.1. By Component
6.2.1.1. Hardware
6.2.1.2. Software
6.3. Market Analysis, Insights, and Forecast
6.3.1. By Mounting Type
6.3.1.1. Portable
6.3.1.2. Mobile
6.4. Market Analysis, Insights, and Forecast
6.4.1. By Application
6.4.1.1. Industrial
6.4.1.2. Utilities
6.4.1.3. Transportation
6.4.1.4. Mining
6.4.1.5. Military
6.4.1.6. Homeland Security
6.4.1.7. Fire Department
6.4.1.8. Emergency Medical Services
6.5. Market Analysis, Insights, and Forecast
6.5.1. By Country
6.5.1.1. The U.S.
6.5.1.1.1. By Operation
6.5.1.1.1.1. Trunked Mode Operation
6.5.1.1.1.2. Direct Mode Operation
6.5.1.2. Canada
6.5.1.2.1. By Operation
6.5.1.2.1.1. Trunked Mode Operation
6.5.1.2.1.2. Direct Mode Operation
7. Europe Terrestrial Trunked Radio (TETRA) Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Analysis, Insights, and Forecast
7.1.1. By Operation
7.1.1.1. Trunked Mode Operation
7.1.1.2. Direct Mode Operation
7.2. Market Analysis, Insights and Forecast
7.2.1. By Component
7.2.1.1. Hardware
7.2.1.2. Software
7.3. Market Analysis, Insights, and Forecast
7.3.1. By Mounting Type
7.3.1.1. Portable
7.3.1.2. Mobile
7.4. Market Analysis, Insights, and Forecast
7.4.1. By Application
7.4.1.1. Industrial
7.4.1.2. Utilities
7.4.1.3. Transportation
7.4.1.4. Mining
7.4.1.5. Military
7.4.1.6. Homeland Security
7.4.1.7. Fire Department
7.4.1.8. Emergency Medical Services
7.5. Market Analysis, Insights, and Forecast
7.5.1. By Country
7.5.1.1. The U.K.
7.5.1.1.1. By Operation
7.5.1.1.1.1. Trunked Mode Operation
7.5.1.1.1.2. Direct Mode Operation
7.5.1.2. Germany
7.5.1.2.1. By Operation
7.5.1.2.1.1. Trunked Mode Operation
7.5.1.2.1.2. Direct Mode Operation
7.5.1.3. France
7.5.1.3.1. By Operation
7.5.1.3.1.1. Trunked Mode Operation
7.5.1.3.1.2. Direct Mode Operation
7.5.1.4. Italy
7.5.1.4.1. By Operation
7.5.1.4.1.1. Trunked Mode Operation
7.5.1.4.1.2. Direct Mode Operation
7.5.1.5. Russia
7.5.1.5.1. By Operation
7.5.1.5.1.1. Trunked Mode Operation
7.5.1.5.1.2. Direct Mode Operation
7.5.1.6. Rest of Europe
7.5.1.6.1. By Operation
7.5.1.6.1.1. Trunked Mode Operation
7.5.1.6.1.2. Direct Mode Operation
8. Asia Pacific Terrestrial Trunked Radio (TETRA) Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Analysis, Insights, and Forecast
8.1.1. By Operation
8.1.1.1. Trunked Mode Operation
8.1.1.2. Direct Mode Operation
8.2. Market Analysis, Insights and Forecast
8.2.1. By Component
8.2.1.1. Hardware
8.2.1.2. Software
8.3. Market Analysis, Insights, and Forecast
8.3.1. By Mounting Type
8.3.1.1. Portable
8.3.1.2. Mobile
8.4. Market Analysis, Insights, and Forecast
8.4.1. By Application
8.4.1.1. Industrial
8.4.1.2. Utilities
8.4.1.3. Transportation
8.4.1.4. Mining
8.4.1.5. Military
8.4.1.6. Homeland Security
8.4.1.7. Fire Department
8.4.1.8. Emergency Medical Services
8.5. Market Analysis, Insights, and Forecast
8.5.1. By Country
8.5.1.1. China
8.5.1.1.1. By Operation
8.5.1.1.1.1. Trunked Mode Operation
8.5.1.1.1.2. Direct Mode Operation
8.5.1.2. India
8.5.1.2.1. By Operation
8.5.1.2.1.1. Trunked Mode Operation
8.5.1.2.1.2. Direct Mode Operation
8.5.1.3. Japan
8.5.1.3.1. By Operation
8.5.1.3.1.1. Trunked Mode Operation
8.5.1.3.1.2. Direct Mode Operation
8.5.1.4. Rest of Asia-Pacific
8.5.1.4.1. By Operation
8.5.1.4.1.1. Trunked Mode Operation
8.5.1.4.1.2. Direct Mode Operation
9. Rest of the World Terrestrial Trunked Radio (TETRA) Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Analysis, Insights, and Forecast
9.1.1. By Operation
9.1.1.1. Trunked Mode Operation
9.1.1.2. Direct Mode Operation
9.2. Market Analysis, Insights and Forecast
9.2.1. By Component
9.2.1.1. Hardware
9.2.1.2. Software
9.3. Market Analysis, Insights, and Forecast
9.3.1. By Mounting Type
9.3.1.1. Portable
9.3.1.2. Mobile
9.4. Market Analysis, Insights, and Forecast
9.4.1. By Application
9.4.1.1. Industrial
9.4.1.2. Utilities
9.4.1.3. Transportation
9.4.1.4. Mining
9.4.1.5. Military
9.4.1.6. Homeland Security
9.4.1.7. Fire Department
9.4.1.8. Emergency Medical Services
9.5. Market Analysis, Insights, and Forecast
9.5.1. By Country
9.5.1.1. Latin America
9.5.1.1.1. By Operation
9.5.1.1.1.1. Trunked Mode Operation
9.5.1.1.1.2. Direct Mode Operation
9.5.1.2. The Middle East & Africa
9.5.1.2.1. By Operation
9.5.1.2.1.1. Trunked Mode Operation
9.5.1.2.1.2. Direct Mode Operation
10. Competitive Matrix
10.1. Comparative Analysis
10.2. Major Players
11. Company Profiles
11.1. Airbus Defense and Space Corporation (The U.K.)
11.1.1. Description
11.1.2. Portable Portfolio
11.1.3. Financials (Data as available in public domain and/or on paid databases)
11.1.4. Recent Developments
11.2. Motorola Solutions, Inc. (The U.S.)
11.2.1. Description
11.2.2. Portable Portfolio
11.2.3. Financials (Data as available in public domain and/or on paid databases)
11.2.4. Recent Developments
11.3. Hytera Communications Corporation Limited (China)
11.3.1. Description
11.3.2. Portable Portfolio
11.3.3. Financials (Data as available in public domain and/or on paid databases)
11.3.4. Recent Developments
11.4. JVCKENWOOD Corporation (Japan)
11.4.1. Description
11.4.2. Portable Portfolio
11.4.3. Financials (Data as available in public domain and/or on paid databases)
11.4.4. Recent Developments
11.5. Simoco (The U.K)
11.5.1. Description
11.5.2. Portable Portfolio
11.5.3. Financials (Data as available in public domain and/or on paid databases)
11.5.4. Recent Developments
11.6. Sepura PLC (The U.S.)
11.6.1. Description
11.6.2. Portable Portfolio
11.6.3. Financials (Data as available in public domain and/or on paid databases)
11.6.4. Recent Developments
11.7. DAMM Cellular Systems A/S (Denmark)
11.7.1. Description
11.7.2. Portable Portfolio
11.7.3. Financials (Data as available in public domain and/or on paid databases)
11.7.4. Recent Developments
11.8. Rohill Engineering B.V. (The Netherlands)
11.8.1. Description
11.8.2. Portable Portfolio
11.8.3. Financials (Data as available in public domain and/or on paid databases)
11.8.4. Recent Developments
11.9. BiTEA Limited (The U.K)
11.9.1. Description
11.9.2. Portable Portfolio
11.9.3. Financials (Data as available in public domain and/or on paid databases)
11.9.4. Recent Developments
11.10. CONSORT DIGITAL PRIVATE LIMITED (The U.K.)
11.10.1. Description
11.10.2. Portable Portfolio
11.10.3. Financials (Data as available in public domain and/or on paid databases)
11.10.4. Recent Developments
11.11. Radlink Communications (Australia)
11.11.1. Description
11.11.2. Portable Portfolio
11.11.3. Financials (Data as available in public domain and/or on paid databases)
11.11.4. Recent Developments

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