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North American Geosynthetics Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2024-2030

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    Report

  • 72 Pages
  • May 2024
  • Region: North America
  • Stratview Research
  • ID: 6024518
The North American geosynthetics market size was US$ 1.49 billion Square Meters in 2023 and is likely to grow at a decent CAGR of 2.4% (by area) in the long run to reach 1.75 billion Square Meters by 2030'.

Recent Market JVs and Acquisitions:

A huge number of strategic alliances including M&As, JVs, etc. have been performed over the past few years:

In September 2023, Titan Environmental Containment acquired Hewitt Geosynthetics to expand its presence and customer base in the Greater Toronto Area.

In June 2021, Solmax International, Inc. acquired TenCate and became the global leader in the geosynthetics market.

In March 2021, Solmax International, Inc. acquired Propex to expand its product portfolio by adding environmental containment and civil infrastructure sectors.

Segments with a High Growth Opportunity

Application-Type Analysis

Roads and other trafficked areas, and asphalt reinforcement is expected to be the demand generator for geosynthetics in North America, whereas solid waste disposal is likely to grow at the fastest rate in the coming years.

Function-Type Analysis

Separation & filtration is anticipated to contribute the largest share of the geosynthetics demand in North America. Drainage is projected to grow at the fastest rate during the forecast period.

Technology-Type Analysis

Nonwoven geosynthetic is expected to be the widely used technology throughout the forecast period.

Material-Type Analysis

Polypropylene is likely to remain the most preferred material for geosynthetics in the North American market.

Country Analysis

The USA is expected to maintain its reign over the forecast period, whereas Mexico is likely to grow at the fastest rate.

By Application Type

Roads and other trafficked areas and asphalt reinforcement is expected to remain dominant, whereas solid waste disposal will be the fastest-growing application in the market during the forecast period

The North American geosynthetics market is segmented into roads and other trafficked areas, asphalt reinforcement, railways, tunnels & underground structures, earthworks, foundation, and retaining walls, solid waste disposal, drainage systems, erosion control works, reservoirs & dams, canals, liquid waste containment, and others.

Due to huge investments in road infrastructure projects, roads and other trafficked areas and asphalt reinforcement is expected to remain dominant, whereas solid waste disposal will grow at the fastest rate in the market during the forecast period.

The United States boasts the largest road network in the world, spanning an impressive 6,803,479 kilometers, necessitating regular maintenance and upgrades. The scale of the country's road infrastructure demands a comprehensive and ongoing approach to ensure the safety and efficiency of the transportation system.

The rapid expansion in the application of geosynthetics for solid waste disposal is primarily attributable to the stringent environmental standards that are in place in high-income countries, such as the United States and Canada. The increasing demand for geosynthetics in these countries is a result of the need to comply with the regulatory requirements that mandate the use of advanced technologies to manage waste disposal.

By Function Type

Separation & filtration is expected to remain the dominant whereas drainage is likely to be the fastest-growing function of geosynthetics in the market during the forecast period

The market is segmented into separation & filtration, protection, reinforcement, drainage, and interlayer barrier and stress relief.

During the forecast period, separation & filtration is expected to remain the dominant functions of geosynthetics in the market. This is due to their effective ability to filter impurities and prevent soil erosion in civil engineering applications. Such functions are critical for environmental protection and water management.

The geosynthetics market is experiencing rapid growth in the drainage segment due to increasing demand for advanced water management solutions in construction projects in the region.

By Technology Type

Nonwoven geotextile is likely to remain the widely used technology, whereas composites (geocomposites) are estimated to be the fastest-growing geosynthetics in the market during the forecast period

The market is segmented into woven, nonwoven, grid, composites, and geomembranes.

Nonwoven geosynthetics are projected to maintain their dominance in the market during the forecast period. This is due to their cost-effectiveness and their widespread use in filtration, separation, and drainage applications. They are primarily used for slope protection along river, sea, and lake embankments, land reclamation, wharf construction, ship lock flood control, and rescue projects.

The composites are expected to experience rapid growth in demand as it provides additional specific properties like protection, drainage, or filtration due to the bonding of two or more different geosynthetics.

By Material Type

Polypropylene is expected to remain the dominant as well as the fastest-growing material for geosynthetics in the market during the forecast period

The market is segmented into polyethylene, polypropylene, and others.

Polypropylene is expected to remain the preferred choice for geosynthetics in the market during the forecast period.

Polypropylene is the predominant material for geotextile production, accounting for a mammoth share of the market. This is due to its exceptional moisture and biological resistance, along with its superior installation survivability and lifespan prediction.

Regional Analysis

The USA is expected to remain the largest market for geosynthetics in North America during the forecast period

In terms of countries, the USA is expected to remain the largest market for geosynthetics in North America during the forecast period.

The USA's dominant position in the civil infrastructure industry is significantly bolstered by several key factors including roads, highways, railways, airports, and water management systems. The USA alone accounted for over half of global geomembrane sales.

Mexico, particularly driven by growing investment in infrastructure projects by multinational companies, is expected to grow at the fastest rate during the forecast period.

Key Players

The market is consolidated with the presence of less than 50 players across the region. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the North American geosynthetics market:

Here is the list of the Top Players (Based on Dominance)

  • Solmax International, Inc.
  • AGRU America, Inc.
  • Texel Technical Materials, Inc.
  • Hanes Geo Components
  • SKAPS Industries
  • Tensar Corporation
  • Berry Global
  • Tenax Corporation
  • HUESKER Synthetic GmbH
  • American Excelsior
Note: The above list does not necessarily include all the top players of the market.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

The North American geosynthetics market is segmented into the following categories:

North American Geosynthetics Market, by Application Type

  • Roads and Other Trafficked Areas, Asphalt Reinforcement
  • Railways
  • Tunnels & Underground Structures
  • Earthworks, Foundation, and Retaining Walls
  • Solid Waste Disposal
  • Drainage System
  • Erosion Control Works
  • Reservoirs & Dams
  • Canals
  • Liquid Waste Containment
  • Others

North American Geosynthetics Market, by Function Type

  • Separation & Filtration
  • Protection
  • Reinforcement
  • Drainage
  • Interlayer Barrier and Stress Relief

North American Geosynthetics Market, by Technology Type

  • Woven
  • Nonwoven
  • Grid
  • Composites
  • Geomembranes

North American Geosynthetics Market, by Material Type

  • Polyethylene
  • Polypropylene
  • Others

North American Geosynthetics Market, by Country

  • The USA
  • Canada
  • Mexico

Research Methodology

This strategic assessment report from this research provides a comprehensive analysis that reflects today’s North American geosynthetics market realities and future market possibilities for the forecast period.

The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with this Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

We conducted more than 30 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Table of Contents

Overview of Research Scope, Methodology, and Data Collection
  • Report Scope
  • Report Objectives
  • Research Methodology
  • Market Segmentation
  • Secondary Research
  • Key Information Gathered from Secondary Research
  • Primary Research
  • Key Information Gathered from Primary Research
  • Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
  • Data Analysis and Triangulation
1. Executive Summary: A Bird’s Eye View of the Market
2. Market Environment Analysis: Study of Factors Affecting the Market Dynamics
2.1. Supply Chain Analysis (Identification of Key Players/Materials across the Value Chain)
2.2. Value Chain Analysis for Geotextiles ? Fiber Market Estimation
2.3. Distribution Sales Analysis (Direct Sales vs Distributor Sales vs Installer Sales vs Other Sales)
2.4. PEST Analysis (List of All Factors Directly or Indirectly Affecting the Market Demand)
2.5. Industry Life Cycle Analysis (Current and Future Lifecycle Stage of the Market)
2.6. Key Trends (Key Industry as well as Market Trends Shaping the Market Dynamics)
2.7. Market Drivers (Study of Drivers and their Short- and Long-Term Impacts)
2.8. Market Challenges (Study of Factors Hindrance the Adoption/Growth)
3. North American Geosynthetics Market Assessment (2018-2030) (Million Square Meters, US$ Million, Kilotons)
3.1. North American Geosynthetics Market Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
3.2. Voice of the Industry Stakeholders regarding Market Size and Growth
3.3. Market Scenario Analysis: Growth Trajectories in Different Market Conditions (US$ Million)
3.4. Market Scenario Analysis for Nonwoven Geotextiles: Growth Trajectories in Different Market Conditions (Kilotons and US$ Million)
3.5. COVID-19 Impact Assessment and Expected Recovery Curve
3.6. Technology vs Application Analysis (2023)
3.7. Technology vs Function Analysis (2023)
4. North American Geosynthetics Market Segments’ Analysis (2018-2030) (Million Square Meters, US$ Million, Kilotons)
4.1. Voice of the Industry regarding the Size of Different Applications and Sub-Categories
4.2. Application-Type Analysis
4.2.1. Roads and Other Trafficked Areas, Asphalt Reinforcement: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.2. Railways: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.3. Tunnels & Underground Structures: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.4. Earthworks, Foundation and Retaining Walls: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.5. Solid Waste Disposal: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.6. Drainage System: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.7. Erosion Control Works: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.8. Reservoirs & Dams: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.9. Canals: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.10. Liquid Waste Containment: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.2.11. Others: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.3. Function-Type Analysis
4.3.1. Separation & Filtration: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.3.2. Protection: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.3.3. Reinforcement: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.3.4. Drainage: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.3.5. Interlayer Barrier and Stress Relief: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.4. Technology-Type Analysis
4.4.1. Woven: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.4.2. Nonwoven: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.4.2.1. Sub-Technology Analysis: Needlepuch, Spunbond, and Others
4.4.2.2. Key Players’ Dominance by Sub-Technology Type
4.4.3. Grid: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.4.4. Composites: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.4.5. Geomembranes: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.5. Material-Type Analysis
4.5.1. Polyethylene: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.5.2. Polypropylene: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.5.3. Others: Trend and Forecast (Million Square Meters, US$ Million, Kilotons)
4.6. Country Analysis
4.6.1. The USA’s Geosynthetics Market: (Million Square Meters, US$ Million, Kilotons)
4.6.2. Canadian Geosynthetics Market: (Million Square Meters, US$ Million, Kilotons)
4.6.3. Mexican Geosynthetics Market: (Million Square Meters, US$ Million, Kilotons)
5. Competitive Analysis
5.1. Degree of Competition (Current Stage of Competition based on Market Consolidation)
5.2. Competitive Landscape (Benchmarking of Key Players in Crucial Parameters)
5.3. Market Share Analysis (US$ Million, Kilotons, and Square Meters)
5.4. Product Portfolio Mapping (Map their Presence in Different Market Categories)
5.5. M&As, JVs, Collaborations, Strategic Alliances, etc. (Map All the Major M&As and JVs)
5.6. Porter’s Five Forces Analysis (A Bird’s Eye View of the Overall Competitive Landscape)
6. Strategic Growth Opportunities
6.1. Market Attractiveness Analysis
6.1.1. Market Attractiveness by Application Type
6.1.2. Market Attractiveness by Function Type
6.1.3. Market Attractiveness by Technology Type
6.1.4. Market Attractiveness by Material Type
6.1.5. Market Attractiveness by Country
6.2. Emerging Trends (Key Trends that May Shape the Market Dynamics in the Future)
6.3. Key Strategic Implications (Changing Market Dynamics and their Key Implications)
6.4. Key Success Factors (KSFs) (Identifying Some Factors that May Help Companies to Gain Business)
7. Company Profile of Key Players
7.1. AGRU America, Inc.
7.2. American Excelsior
7.3. Berry Global
7.4. Hanes Geo Components
7.5. HUESKER Synthetic GmbH
7.6. SKAPS Industries
7.7. Solmax International, Inc.
7.8. Tenax Corporation
7.9. Tensar Corporation
7.10. Texel Technical Materials, Inc.
8. Appendix
8.1. Disclaimer
8.2. Copyright
8.3. Abbreviation
8.4. Currency Exchange
8.5. Market Numbers

Companies Mentioned

  • AGRU America, Inc.
  • American Excelsior
  • Berry Global
  • Hanes Geo Components
  • HUESKER Synthetic GmbH
  • SKAPS Industries
  • Solmax International, Inc.
  • Tenax Corporation
  • Tensar Corporation
  • Texel Technical Materials, Inc.

Methodology

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