Geosynthetics demand in the US market is expected to grow almost four percent per year through 2020, according to Freedonia analysts. The recovery in construction spending and transportation infrastructure expenditures will boost demand.
6 Materials Discussed in Depth
There are several types of geosynthetics used in civil and environmental engineering projects. Geotextiles are the leading product, making up 71 percent of unit demand in 2014. Geotextiles are commonly used because of their versatility, which allows them to be used in a wide variety of applications. However, geomembranes are expected to register faster growth through 2019.
Construction Expected to Become Largest Market
Demand for geosynthetics in the construction market, which fell between 2004 and 2009, is expected to rebound going forward, overtaking transportation infrastructure as the largest geosynthetics market by 2019. Rising building and nonbuilding construction expenditures will drive gains.
7 Producers Lead Overall Sales
The geosynthetics industry is relatively fragmented due to its inclusion of a wide variety of products, functions, and markets. Few companies offer all types of geosynthetics. However, there are a few large-scale producers of geosynthetics, including GSE Holding, Hanes Geo Components, Propex, Raven Industries, Tencate Geosynthetics Americas, Tensar, and Thrace-LINQ.
Scope of the Report
This study covers the scope, size, and growth of the US siding market including key trends in material usage and market segmentation. Historical data are provided for 2004, 2009, and 2014, with forecasts for 2019 and 2024. Demand is provided in square yards and dollars. Regional geosynthetics demand is also provided in square yards.
Geosynthetics product types covered in this study include:
Geosynthetic Clay Liners
Markets analyzed in this study include:
Oil & Gas
Coal Combustion Products