The Geosynthetics Market is segmented into six types: geotextiles, geomembranes, geogrids, geofoams, geonets and other. It is expected to show high growth owing to evolving environmental protection regulations and standards to boost future growth of geosynthetics.
As per MarketsandMarkets, the market for geosynthetics is projected to reach US$15403.7 million by 2019, growing with a CAGR of 10.99% between 2014 and 2019. North America dominated the Geosynthetics Market in 2013. Asia-Pacific is projected to gain the major market size by value by 2019. Geotextiles is the major type of geosynthetics accounting for around 58% of the market in 2013, followed by geomembranes. Geotextiles held the major share in the geosynthetics value market in 2013 and would remain the largest shareholder till 2019. The geomembranes held the second largest share for the Geosynthetics Market value, and projected to grow with a healthy CAGR, from 2014-2019.
10-Dec-14 
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