Global Geotextile Tube Market, By Type (Woven, Nonwoven), End User (Marine and Hydraulic, Environmental Engineering, Agricultural Engineering, Construction) – Industry Trends and Forecast to 2029
Geotextile Tube Market Analysis and Size
Over the past few years, geotextile tubes have been widely used in a variety of dewatering applications all over the world. In established and soon-to-be developed countries, dredging projects use fabric with particular dewatering capability. For instance, high-performance polymers have been used in dewatering applications to handle sediments and sludge, influencing the geotextile tubes' market.
Global geotextile tube market was valued at USD 2.56 billion in 2021 and is expected to reach USD 5.69 billion by 2029, registering a CAGR of 10.50% during the forecast period of 2022-2029. 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 in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Geotextile Tube Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Woven, Nonwoven), End User (Marine and Hydraulic, Environmental Engineering, Agricultural Engineering, Construction)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Ace Geosynthetics (Taiwan), Spradling International (U.S.), Officine Maccaferri Spa (Italy), Low & Bonar (U.K.), Flexituff Ventures International (India), TECHFABINDIA (India), Geofabrics Australasia Pty Ltd (Australia), Dickson Constant (France), Sioen Industries NV (Belgium), Continental AG (Germany), TenCate Protective (Netherlands), NAUE GmbH & Co. K.G. (Germany), Huesker (Germany), Fibertex Nonwovens A/S (Denmark)
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Market Opportunities
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Market Definition
Geotextile tubes, also known as geotubes, geocontainers, or geobags, are tubes made of geotextile that are used to effectively hold materials for protection, dewatering, and desludging. These tubes are made of high-tenacity polypropylene yarns to withstand the rigors of marine applications.
Geotextile Tube Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Usage of Geotextile Tube
The geotextile tube consumption is increasing on a global scale due to increased demand in the end-use industries. To prevent the aggregate layers from sinking into the subsurface, geotextiles are used as a separator between the subsoil and aggregate layer of roads. These tubes are extremely useful in dewatering and desludging processes because they help stop toxins from being released into the environment. One of the main factors fostering the expansion of the geotextile business is the rising levels of environmental degradation brought on by toxins produced from industrial waste. Growing land reclamation efforts are predicted to significantly increase product demand in the county. The increasing use of geotextile tubes in wastewater treatment by various manufacturing companies is what is driving the global market for these tubes. The increased usage of geotextile tube will largely boost the market growth over the forecasted period.
- Favourable Regulatory Framework
The growing regulatory support for the use of geotextile tubes to stop soil and land erosion brought on by river water and coastal waves will further expand the future growth of the geotextile tube market. Environmental issues and strict regulatory framework are anticipated to significantly impact the market growth. The water treatment business is expected to benefit from government rules and policies governing the treatment of home and industrial wastewater, increasing demand for wastewater treatment products.
The continuous advancements in its engineering principles and fabrication techniques will further propel the growth rate of geotextile tube market. Additionally, the investments across various technological and infrastructural will also drive market value growth.
Opportunities
- Developments and Investments
Furthermore, various developments by the market players and significant investments in research and development activities further extends various profitable opportunities to the market players in the forecast period of 2022 to 2029. The businesses have invested much in research and development to create raw materials that are bio-based. In order to lower the cost of raw materials, producers are concentrating on employing natural fibers like jute and coir for production.
- Growth in Funding for Constructional Purposes
Additionally, the demand for the commodity is also being boosted by an increase in funding for the construction of maritime ports, bridges, and tunnels. Consequently, such factors provides various growth prospects for the market’s growth during the forecast period.
Restraints/Challenges
- Fluctuations in Raw Material Prices
The fluctuations in the cost of raw substances will create hindrances for the growth of the geotextile tube market.
- Installation Issues
Also, the installation of geotextile tubes in sandy and muddy coastal areas will be quite challenging for the geotextile tube market. Therefore, this factor will challenge the geotextile tube market growth rate.
This geotextile tube market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the geotextile tube market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Geotextile Tube Market
The COVID-19 epidemic is hindering the geotextile business. Due to the lockout, the supply and manufacturing regions or nations experienced economic slowdown. Less demand has been observed in the value chain's downstream, or end-user, portion, which has had an effect on market expansion. For instance, the building infaced severalmber of difficulties due to different norms and regulations, a lack of capital and credit options, insolvencies, and other issues. Due to the COVID-19 epidemic, the geotextile market is suffering. Lockdown caused an economic slowdown in the supply and manufacturing regions or nations. Less demand has been observed in the downstream portion of the value chain, i.e., the end user, which has had an effect on market expansion. For instance, the construction industry was already grappling with a number of issues, such as a lack of capital and credit options, insolvencies, and other issues related to norms and regulations.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Geotextile Tube Market Scope
The geotextile tube market is segmented on the basis of type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Woven
- Nonwoven
End User
- Marine and Hydraulic
- Environmental Engineering
- Agricultural Engineering
- Construction
Geotextile Tube Market Regional Analysis/Insights
The geotextile tube market is analyzed and market size insights and trends are provided by country, type and end user as referenced above.
The countries covered in the geotextile tube market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the growth in regulatory support in adoption of geotextile tubes for stopping the land and soil erosion within the region.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing spending on research and development and various advancements in the emerging economies in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Geotextile Tube Market Share Analysis
The geotextile tube market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to geotextile tube market.
Some of the major players operating in the geotextile tube market are
- Ace Geosynthetics (Taiwan)
- Spradling International (U.S.)
- Officine Maccaferri Spa (Italy)
- Low & Bonar (U.K.)
- Flexituff Ventures International (India)
- TECHFABINDIA (India)
- Geofabrics Australasia Pty Ltd (Australia)
- Dickson Constant (France)
- Sioen Industries NV (Belgium)
- Continental AG (Germany)
- TenCate Protective (Netherlands)
- NAUE GmbH & Co. KG (Germany)
- Huesker (Germany)
- Fibertex Nonwovens A/S (Denmark)
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