Dublin, Jan. 08, 2025 (GLOBE NEWSWIRE) — The “United States Geotextile Market, By Region, Competition, Forecast & Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering.
The United States Geotextile Market was valued at USD 0.94 Billion in 2023, and is expected to reach USD 1.18 Billion by 2029, rising at a CAGR of 3.98%
United States Geotextile Market has historically been significant, driven by a robust construction industry, population growth, and the need for infrastructure development. The market has exhibited steady growth over the years, with applications ranging from transportation infrastructure to environmental protection projects. Growth in the market is influenced by factors like urbanization, environmental concerns, and the emphasis on sustainable construction practices.
The United States government consistently allocates significant budgets for infrastructure development, with federal and state agencies tasked with maintaining and upgrading highways, bridges, airports, and public transportation systems. Geotextiles play a crucial role in these projects, enhancing performance, durability, and longevity of infrastructure components, thus generating substantial demand for geotextile products. Construction and maintenance of roads and highways are key drivers of the geotextile market in the U.S. Geotextiles stabilize soil, prevent erosion, and improve drainage in these projects, meeting the increasing need for better transportation networks. Moreover, they contribute to road safety and structural integrity, particularly under heavy traffic loads.
Erosion control is a significant concern, especially in areas prone to heavy rainfall or coastal regions. Geotextiles are used in erosion control projects to stabilize slopes and protect against soil loss, offering a sustainable and effective solution amidst changing climatic conditions. In infrastructure projects like retaining walls and embankments, geotextiles reinforce foundations, evenly distributing loads and preventing subsidence. As demand for such projects grows, so does the demand for geotextiles, which also reduce the risk of costly repairs and maintenance.
Sustainability is increasingly emphasized in U.S. construction practices, with geotextiles playing a vital role by reducing reliance on traditional materials like gravel or concrete. This not only lowers environmental impact but also cuts construction costs, aligning with efforts to reduce carbon footprint and promote environmentally responsible infrastructure development.
Given the substantial investments in infrastructure projects, stakeholders prioritize long-term viability and return on investment. Geotextiles contribute to the durability and performance of infrastructure elements, potentially reducing the need for costly repairs and replacements. As such, their use is seen as a prudent business decision, aligning with stakeholders’ economic interests.
Growing Construction Industry Propels the Market Growth
The growing construction industry serves as a primary market driver for the United States Geotextile Market, encompassing various factors influencing demand in construction-related applications. Population growth and urbanization trends contribute to increased demand for residential, commercial, and infrastructure development. Geotextiles play a vital role in stabilizing soils, improving drainage, and prolonging the lifespan of these projects, especially in densely populated urban areas where efficient construction practices are crucial.
In addition to population growth, there is a rising demand for enhanced infrastructure, including new projects and the rehabilitation of existing ones. Roads, bridges, airports, and public transportation systems all require geotextiles for soil reinforcement, erosion control, and drainage, further driving market growth.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 82 |
| Forecast Period | 2023 – 2029 |
| Estimated Market Value (USD) in 2023 | $0.94 Billion |
| Forecasted Market Value (USD) by 2029 | $1.18 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | United States |
Competitive Landscape
Detailed analysis of the major companies present in the United States Geotextile Market.
- Fibertex Nonwovens A/S
- TenCate Geosynthetics Americas.
- NAUE GmbH & Co. KG
- Officine Maccaferri SpA.
- Propex Operating Company, LLC
- AGRU America, Inc.
- HUESKER Inc
- Magnera Corporation
- Terrafix Geosynthetics Inc
- Belton Industries Inc
Key Topics Covered:
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. United States Geotextile Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Material (Natural, Synthetic)
5.2.2. By Product (Non-woven, Woven, Knitted)
5.2.3. By Application (Erosion Control, Reinforcement, Drainage Systems, Lining Systems, Asphalt Overlays, Separation & Stabilization, Silt Fences)
5.2.4. By Region
5.2.5. By Company (2023)
5.3. Market Map
6. North-East Geotextile Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Material
6.2.2. By Product
6.2.3. By Application
7. Mid-West Geotextile Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Material
7.2.2. By Product
7.2.3. By Application
8. West Geotextile Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Material
8.2.2. By Product
8.2.3. By Application
9. South Geotextile Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Material
9.2.2. By Product
9.2.3. By Application
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
11.1. Recent Development
11.2. Mergers & Acquisitions
11.3. Product Launches
12. Policy & Regulatory Landscape
13. United States Economic Profile
14. United States Geotextile Market: SWOT Analysis
15. Porter’s Five Forces Analysis
15.1. Competition in the Industry
15.2. Potential of New Entrants
15.3. Power of Suppliers
15.4. Power of Customers
15.5. Threat of Substitute Products
16. Competitive Landscape
16.1. Business Overview
16.2. Product & Service Offerings
16.3. Recent Developments
16.4. Key Personnel
16.5. Financials (If Listed)
16.6. SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/dggdld
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