Future Market Insights (FMI), in its recent report titled, “Geocells Market:
Global Industry Assessment and Forecast; 2015–2025”, projected
global geocells market to exhibit CAGR of 8.8% during 2015 to 2025.
Consumption of geocells is projected to reach 428.2 million
square meter by 2025 reflecting a CAGR of 5.5% during the forecast period.
Geocells, also known as cellular confinement
systems, are three dimensional mats resembling honeycomb structure usually made
of high density polyethylene, polypropylene, polyester or other polymeric
alloys. These are used in construction sector primarily for earth
reinforcement, slope protection, channel protection, load support and tree root
protection. Geocells are subset of geosynthetics market and are estimated to represent
around 5.6% share in terms of volume consumption in overall geosynthetics market.
The report analyses the global geocells market in terms of market value (US$ Mn) and volume (Million Square Meter)
by applications, region, and material type and provides information regarding
market dynamics, value chain, competitive landscape, current trends, market
estimations and forecast.
Infrastructure development activities, construction sector output and urbanisation trend are some of the macro-economic
drivers of the market. Developed economies have formulated regulations
concerning erosion control and sustainable infrastructure development. Such
regulations and initiatives are identified as underlying driving factors of the
market. On the flipside,
low awareness of geocells amongst infrastructure developers in
emerging economies and competition from substitute products, such as geogrids and geomembranes are identified as minor restraints in
the global geocells market.
Browse Full: "Geocells Market:
Global Industry Analysis and Opportunity Assessment 2015 - 2025"
Market Research Report at http://www.futuremarketinsights.com/reports/details/geocells-market
From regional perspective, North America and Asia Pacific represented prominent markets
for geocells globally in 2014. In terms of market
value, geocells market in developing countries is
collectively projected to grow at CAGR of 10.2% while geocells market in developed countries is
collectively projected to grow at CAGR of 7.4% during the forecast period.
Asia Pacific region is expected to be the largest geocells market in terms of value by 2025,
followed by North America, Western Europe, and other regions.
From materials perspective, high density polyethylene (HDPE) is extensively used across the
globe for geocells manufacturing followed by
polypropylene, polyester and other polymeric alloys. HDPE commanded around 68.6% share by value
in 2014 and is projected to remain the largest market segment by 2025 with a
share of around 64%. Prices for these materials are anticipated to increase
over the forecast period owing to increasing energy costs, crude oil prices and
complex manufacturing processes.
From application perspective, earth reinforcement, channel protection and slope protection
are the prominent applications of geocells which constituted around 86% of market
value in 2014 and are collectively projected to exhibit value CAGR of 8.8% over the forecast period.
Other applications including load support and tree root protection are
collectively projected to exhibit a value CAGR of 8.4% during the forecast period.
Request Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-372
Key market participants covered in the report, include Presto Geosystems,
Polymer Group Inc., TMP Geosynthetics, Armtec Infrastructure Inc., Strata Systems
Inc., PRS Mediterranean Ltd., Maccaferri S.p.A, ACE Geosynthetics, MiakomGroup of Companies, Wall Tag Pte Ltd., Tensar International Ltd., Tencate Geosynthetics, Admir Technologies, Polyfabrics Australia Pty Ltd., Bonar, ABG Geosynthetics, Huifeng Geosynthetics, SABK International, Wrekin Products, Ltd., CeTeau Group.
About Us
Future Market Insights (FMI) is a leading market intelligence
and consulting firm delivering syndicated research reports, custom research
reports and consulting services. Our research services cover global as well as regional
emerging markets such as GCC, ASEAN
and BRICS.
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3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
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