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Government policies and environmental norms supporting commercial usage is driving the Geotextile market
Geotextiles are part of geosynthetic products and are defined as permeable fabrics used in association with soil. Furthermore, every textile product applied under the soil is geotextiles. Geotextiles are defined as woven, nonwoven or knitted textile materials used in ground construction applications functioning for support, drainage, and separations.
The various geotextiles include nonwoven, woven and other. Though there are various types of geotextile products available in the market, each one performs at-least one or more of the following applications: road industry, pavement repair, erosion control, waste containment, railroad stabilization and others.
There are many global players having presence in all the regions. The major players in this market are opting for new product launches to enhance their market penetration into new regions. The major companies in this market are Royal Tencate N.V. (The Netherlands), Gundle/ SLT Environmental Inc. (GSE) (U.S.), Low & Bonar PLC (U.K.) and Fibertex Nonwoven A/S (Denmark).
The nonwoven dominated the geotextile market in 2013, in terms of value. Asia-Pacific was the largest market for geotextiles and the region accounted for over 32% of the overall geotextiles market in 2013, in terms of value. It is expected to show high growth owing to evolving government favorable regulations and environmental norms enhancing the geotextile products usage to boost future growth of geotextiles.
Geotextile Market by Type (Nonwoven, Woven & Others), by Material (Polypropylene, Polyester, Polyethylene & Others), by Application & by Region - Global Trends & Forecasts to 2019
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