Geosynthetics Market Current Status and Challenges with Future Opportunities 

The global geosynthetics market is set to gain traction from the increasing usage of sustainable building materials. Geosystems reduce the usage of natural materials, such as aggregates and sand, thereby simplifying construction activities. In a typical cross-section, for instance, the depth of aggregate layer can be cut off so that less mining is needed for the construction of roads.

Competitive Landscape-

The market consists of numerous big, small, and medium enterprises. They are mainly focusing on enhancing their businesses by delivering their products to various end-use application industries. Below are a couple of the latest industry developments:

July 2019: HUESKER, a provider of high-quality geosynthetics for various applications, based in Germany, introduced its new ecoLine geogrids. They are made from recycled polyethylene terephthalate (PET). The main aim of the company is to offer environmentally friendly solutions that would help in conserving natural resources during production process.December 2017: Groupe Solmax, a manufacturer of geosynthetics headquartered in Canada, completed its acquisition of GSE Environmental, a marketer and manufacturer of geosynthetic barrier systems based in Houston. As per the company officials, this acquisition would help in transforming Solmax into an industry leader. It would also gain several opportunities to help in remoulding the industry, based on drivers, namely, deep R&D capabilities, superior quality products, efficiency, and operational excellence.

Fortune Business Insights™ presents a list of companies operating in the geosynthetics market. They are as follows:

TENAX SPATensar International CorporationGSE EnvironmentalTerram Geosynthetics Pvt. Ltd. (TGPL)Koninklijke Ten Cate bvGarware Technical Fibres Ltd.Fibertex Nonwovens A/STechno Fabrics Geosynthetics Pvt. Ltd.HUESKERFibromat (M) Sdn Bhd.AGRU AMERICA, INC.SteklonitGlobal SyntheticsStrata Systems, Inc.Pietrucha GroupTuflex IndiaSKAPS IndustriesCTM GeosyntheticsMaharshee Geomembrane (India) Pvt. Ltd.TexelOther key market players

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