16 February 2010 – Geosynthetics are polymer-based synthetic materials, which are used with rock, earth, soil, or other materials associated with geotechnical engineering, for facilitating cost efficient projects in transportation, building, construction and environmental sectors. Increased spending on construction and infrastructure development activities is expected to boost global demand for geosynthetics. Transportation sector offers growth opportunities due to the ability of geosynthetic products in enhancing durability of roads, improving drainage facilities, and facilitate construction of erosion-preventing structures. All these are achieved at a lower cost as compared to traditional products. Landfill market represents another key focus area for geosynthetics (geomembranes), owing to their increased usage in sealing waste containment areas and leachate pits.
Asia-Pacific, Europe, and the United States dominate the global geosynthetics market, as stated by the new market research report on geosynthetics. Emerging markets such as Russia, China and India are expected to exhibit robust gains, driven by enhanced focus on infrastructure development, change in regulations pertaining to environmental protection and development of construction codes. Rising consumer preference for geosynthetics over traditional materials is expected to increase demand for geosynthetics in China.
In the United States, growth in the geosynthetics market is led by increased spending on highway and road construction sectors, as part of the infrastructure rehabilitation and rebuilding programs. Demand for geotextiles is expected to grow steadily, owing to low cost as well as structural and drainage support properties.
Major players profiled in the report include CETCO Lining Technologies Group, CONTECH Construction Products Inc, Firestone Specialty Products Company, Propex Operating Company LLC, Royal TenCate NV, Tenax Corporation, and Tensar International Corporation Inc.
The report titled “Geosynthetics: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides overview of market scenario, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of volume sales for The United States, Europe, Asia-Pacific and Rest of World.
For more details about this comprehensive market research report, please visit:
http://www.strategyr.com/Geosynthetics_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
CONTACT
Global Industry Analysts, Inc.
+1 408 528 9966
Fax +1 408 528 9977
Email: press@StrategyR.com
http://www.StrategyR.com/
RELATED PROFILES
CETCO Lining Technologies Group
Firestone Specialty Products Company
Propex Operating Company LLC
TenCate Geosynthetics North America
Tensar International Corporation Inc.
