The Europe pavement reinforcement materials market size is anticipated to reach USD 938.5 million by 2030, growing at a CAGR of 8.3% from 2024 to 2030. Increasing urbanization and population density in European cities is driving the market growth. As urban areas expand, there is a greater strain on existing infrastructure, including roads and highways. Pavement reinforcement technologies play a critical role in strengthening and extending the lifespan of these essential transportation arteries, ensuring they can withstand heavier traffic loads and increased usage associated with urban growth.
Moreover, the rise of smart cities and intelligent transportation systems (ITS) is driving the adoption of advanced pavement reinforcement technologies in Europe. Smart city initiatives aim to leverage technology to improve urban infrastructure's efficiency, safety, and sustainability. Pavement reinforcement solutions integrated with sensors, data analytics, and communication technologies enable real-time monitoring of road conditions, traffic flow, and pavement performance. By providing valuable insights into pavement health and maintenance needs, these smart reinforcement technologies help optimize infrastructure management, reduce maintenance costs, and enhance overall transportation efficiency.
The shift towards alternative modes of transportation, such as cycling and electric vehicles (EVs), is driving the need for specialized pavement reinforcement solutions in Europe. With a growing emphasis on sustainable mobility and reducing greenhouse gas emissions, many European cities are investing in infrastructure to support cycling lanes, EV charging stations, and other alternative transportation options. Pavement reinforcement technologies tailored to these specific needs, such as durable and non-slip surfaces for cycling paths or reinforced pavement sections for EV charging stations, are in high demand.
This product will be delivered within 2 business days.
Moreover, the rise of smart cities and intelligent transportation systems (ITS) is driving the adoption of advanced pavement reinforcement technologies in Europe. Smart city initiatives aim to leverage technology to improve urban infrastructure's efficiency, safety, and sustainability. Pavement reinforcement solutions integrated with sensors, data analytics, and communication technologies enable real-time monitoring of road conditions, traffic flow, and pavement performance. By providing valuable insights into pavement health and maintenance needs, these smart reinforcement technologies help optimize infrastructure management, reduce maintenance costs, and enhance overall transportation efficiency.
The shift towards alternative modes of transportation, such as cycling and electric vehicles (EVs), is driving the need for specialized pavement reinforcement solutions in Europe. With a growing emphasis on sustainable mobility and reducing greenhouse gas emissions, many European cities are investing in infrastructure to support cycling lanes, EV charging stations, and other alternative transportation options. Pavement reinforcement technologies tailored to these specific needs, such as durable and non-slip surfaces for cycling paths or reinforced pavement sections for EV charging stations, are in high demand.
Europe Pavement Reinforcement Materials Market Report Highlights
- Based on product, the carbon fiber segment held the largest revenue share of 47.0% in 2023. The growing demand for high-performance pavements in transportation infrastructure projects fuels the adoption of carbon fiber reinforcement.
- The glass fiber segment is expected to grow at a significant CAGR during the forecast period. The rising focus on sustainable and eco-friendly construction practices is prompting the adoption of innovative pavement reinforcement materials that offer environmental benefits, contributing to market growth.
- In 2022, Bonar Geosynthetics, a European manufacturer of geosynthetics, acquired Geotexan S.A., a company specializing in producing and distributing geosynthetics and fibers. This acquisition enables Bonar Geosynthetics to expand its geographical presence across Europe.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
This product will be delivered within 2 business days.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Europe Pavement Reinforcement Materials Market Variables, Trends & Scope
Chapter 4. Europe Pavement Reinforcement Materials Market: Product Estimates & Trend Analysis
Chapter 5. Europe Pavement Reinforcement Materials Market: Country Estimates & Trend Analysis
Chapter 6. Europe Pavement Reinforcement Materials Market - Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- ACO Eurobar
- Bonar Geosynthetics
- Concrete Canvas Ltd
- EUROVIA
- Huesker
- MACCAFERRI ENVIRONMENTAL SOLUTIONS PVT. LTD.
- Naue GmbH & Co. KG
- TENAX SPA
- Tensar
- Terram
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 90 |
Published | June 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 549.3 Million |
Forecasted Market Value ( USD | $ 938.5 Million |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Europe |
No. of Companies Mentioned | 10 |