Geosynthetics Market Size, Share, Growth Analysis, By Application(Waste Management, water management, transportation, infrastructure), By Type(Geotextile, Geomembrane, Geogrid and others), By Region - Industry Forecast 2024-2031

Geosynthetics Market size was valued at USD 13.2 billion in 2019 and is poised to grow from USD 14.72 billion in 2023 to USD 37.9 billion by 2031, growing at a CAGR of 11.2% in the forecast period (2024-2031).

Geosynthetics are becoming popular since they are easy to use and also cost effective, certainly less expensive. They provide excellent performance that remains unchanged overtime.Moreover, the versatile use of geosynthetics makes them the ideal solution to various onsite problems.

There are several types of geosynthetics such as geotextile, Geo grids, Geo Nets.These types of geosynthetics consume less.Feet anywhere in the landfield. Their materials are homogeneous because they are manufactured in a workshop with quality control and due to this it improves soil property as compared to conventional materials.As compared to aggregate sense soil, the geosynthetic materials are less expensive to purchase, transport and install.

There are several important functions performed by Geosynthetics, such as separation, filtration, barrier, drainage, protection.However, clogging of geotextile garnets, Geo pipes and Geo composites is a challenging design for soil abnormal conditions.

US Geosynthetics Market is poised to grow at a sustainable CAGR for the next forecast year.