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. geofab
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.
Estimated Market Value (USD) in 2023
Forecasted Market Value (USD) by 2029
Competitive Landscape Detailed analysis of the major companies present in the United States Geotextile Market.
NAUE GmbH & Co. KG
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
About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
geo textile fabric CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900