Geosynthetics of various sorts are employed in civil engineering and building projects. Depleting sources of granular and other basic raw materials, along with restricted project funding, have created new chances for inventive engineering to provide cost-effective solutions. One of these breakthroughs is the use of geosynthetics into civil engineering. Geosynthetics are recognized as genuine engineering materials that not only substitute for limited raw resources like as cement and steel, but are also proving to be a fairly solid and good alternative to traditional designs. This growth in the construction industry increases demand for geosynthetics goods such as geotextiles, geogrids, geonets, geomembranes, Geosynthetic Clay Liner (GCL), geocells, geocomposites, geopipes, and geofoams. Geotextiles and geogrid are used to improve the performance of permanent roads or to lower their thickness.
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Data Bridge Market Research analyses that the Middle East and Africa Geosynthetics Market is expected to reach USD 1,746.25 million by 2031 from USD 965.72 million in 2023, growing with a substantial CAGR of 7.8% in the forecast period of 2024 to 2031.
Key Findings of the Study
- Rising Spending Towards Waste Management
Rapid urbanization and a quickly growing population both contribute to increased amounts of liquid and solid waste. Growing environmental consciousness is increasing the demand for projects that correctly handle water and waste. Geosynthetics operate as smart products as waste containment and management solutions in an effort to safeguard the environment from dangerous industrial wastes. Landfill gases and leachate should ideally be managed in a way that preserves the environment.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable from 2016-2021)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Product (Geotextiles, Geomembranes, Geogrids, Geocells, Geonets, and Others)
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Countries Covered
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Saudi Arabia, U.A.E., Egypt, Iran, Iraq, Israel, Kuwait, Qatar, Bahrain, and Rest of Middle East and Africa
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Market Players Covered
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Leggett & Platt Incorporated (U.S.), Berry Global, Inc. (U.S.), Glen Raven,Inc. (U.S.), SOLMAX (Canada), Schouw & Co. (Denmark), Officine Maccaferri Spa (Italy), PRS Geo-Technologies. (U.K.), and Freudenberg (Germany)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
Middle East and Africa geosynthetics market is segmented into single notable segments based on product.
- On the basis of product, the market is segmented into geotextiles, geomembranes, geogrids, geocells, geonets, and others
In 2024, the geotextiles segment is expected to dominate the Middle East and Africa geosynthetics market
In 2024, the geotextiles segment is expected to dominate the market with a market share of 35.44% as they provide separation, stabilization and filtration between the subgrade soil and the rip-rap, gabions or pre-cast blocks to prevent piping and erosion of fine soil particles while allowing the free passage of water.
Major Players
Data Bridge Market Research analyses BASF SE (Germany), DOW (U.S.), Evonik Industries AG (Germany), Cabot Corporation (U.S.), and ALTANA AG. (Germany) as major market players in this market.
Market Development
- In February 2023, as a supplier of geosynthetic solutions and support structures worldwide, Maccaferri will be participating in the event as a Platinum Sponsor to showcase key solutions focused on related projects realized in the Middle East and South Africa. This will provide an opportunity for the company to grow in new market areas
- In March 2023, the construction of Tanzania's major rail infrastructure has been completed. It connects countries and neighborhoods to the global market. Maccaferri contributed significantly to the project by providing an innovative soil erosion control solution. This will increase the company's revenue
- In March 2022, in the building and construction sector, Freudenberg Performance Materials announced a price increase for its roof racks. The price increase comes in two steps for him. From 1 April 2022, it will be 9% and from 1 May 2022, it will be increased to 6%
- In January 2022, Terram launched Bodpave 40, a new and improved interlocking porous paving system, which is made from 100% recycled plastics. The product can be used for grass and ground reinforcement applications with a rapid installation rate and increased strength
Regional Analysis
On the basis of geography, the market is segmented into countries Saudi Arabia, U.A.E., Egypt, Iran, Iraq, Israel, Kuwait, Qatar, Bahrain, and rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
Saudi Arabia is the dominant country and estimated to be the fastest growing country in the Middle East and Africa geosynthetics market during the forecast period
Saudi Arabia is the dominant country and estimated to be the fastest growing country in the market due to the expansion in construction industry.
For more detailed information about the geosynthetics market report, click here - https://www.databridgemarketresearch.com/jp/reports/middle-east-and-africa-geosynthetics-market
