Grand View Research has released a detailed study on the Geosynthetics that provides study of Geotextiles, Geomembranes, Geogrids, Geocells in North America, Europe, Asia Pacific and other regions. The total Geosynthetics market is expected to reach USD 20.12 Billion by 2025 and it will have CAGR of 6.2%. China is estimated to reach $3.6 Billion, becoming next big player in the Geosynthetics market till 2025.
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Geotextiles and Geogrids are used in soil to prevent piping from mixing with the soil while maintaining its strength while geosynthetic products are used during hydraulic fracturing in exploration of shale gas, these factors along with advancements in construction industry according to emerging economics is expected to drive positive impact on the demand for the Geosynthetic market.
The report discusses the following in greater detail; Geonets, Geocells, Geogrids, Geomembranes, Geotextiles along with their product type, their application and their raw material type.
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