According to the latest report by IMARC Group, titled “Geotextile Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global geotextile tubes market reached a value of US$ 3.1 Billion in 2022. Geotextile tubes refer to massive cylindrical structures with multiple access ports to fill various materials, such as sludge, sand, or gravel. They are widely used in civil engineering projects, coastal erosion controls, dewatering processes, land reclamation, island creation, breakwaters, and dams. Geotextile tubes are also used in chemical waste disposal, sludge removal, agricultural compost, aquaculture facilities, and industrial lagoons. They exhibit resistance to naturally occurring chemicals, biological degradation, rotting, and ultraviolet (UV) deterioration. Geotextile tubes reduce operational safety risks and enhance reliability in all weather conditions.
Global Geotextile Tubes Market Trends:
The increasing product demand for dewatering applications across the globe is creating a positive outlook for the market. Geotextile tubes are widely used for dewatering contaminated dredged material, agricultural animal waste, industrial sludge, and remnants of shale gas fracking due to their cost-effectiveness, low carbon footprint, and higher efficiency. Furthermore, the widespread product utilization for building sand dune cores, breakwater walls, and underwater structures to prevent coastal erosion due to rising ocean levels and climate change is acting as another growth-inducing factor. Additionally, the introduction of jute geotextile tubes for sensitive environment applications, such as wetlands and shoreline rehabilitation, is favoring the market growth. Moreover, the increasing product adoption for wastewater treatment by various manufacturing industries to prevent the leakage of contaminants and toxins is providing an impetus to the market growth. Apart from this, the implementation of stringent policies by several governments to check rising levels of water contamination and environmental degradation that are negatively impacting marine life is positively influencing the market growth. Other factors, including rising product adoption in the construction of road and building embankments, increasing utilization of recycled and naturally derived fibers in the manufacturing process, and development of bio-based raw materials as a substitute for synthetic fiber, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 4.8 Billion by 2028, exhibiting a CAGR of 6.75% during 2023-2028.
- On the basis of the type, the market has been bifurcated into woven and non-woven geotextile tubes.
- Based on the end use industry, the market has been bifurcated into wastewater treatment, marine, agriculture, aquaculture, pulp and paper mills, construction, and others.
- On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others) Latin America (Brazil, Mexico and others), and Middle East and Africa.
- The competitive landscape of the industry has also been examined, with some of the key players being ACE Geosynthetics, Fibertex Nonwovens A/S (Schouw & Co.), FlexiTuff Ventures International Ltd., Geofabrics Australasia Pty Ltd, HUESKER Synthetic GmbH, Koninklijke Ten Cate B.V., Leggett & Platt Incorporated, Low & Bonar (Freudenberg & Co. KG), Naue GmbH & Co. KG, Officine Maccaferri Spa, TechFab India and Tensar Corporation (Commercial Metals Company).
|Base Year of the Analysis
||Type, End Use Industry, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||ACE Geosynthetics, Fibertex Nonwovens A/S (Schouw & Co.), FlexiTuff Ventures International Ltd., Geofabrics Australasia Pty Ltd, HUESKER Synthetic GmbH, Koninklijke Ten Cate B.V., Leggett & Platt Incorporated, Low & Bonar (Freudenberg & Co. KG), Naue GmbH & Co. KG, Officine Maccaferri Spa, TechFab India and Tensar Corporation (Commercial Metals Company)
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