Research and Markets: Global Geogrids Market 2015 Report With Forecasts to 2020
August 26, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/pvk53r/geogrids_market) has announced the addition of the “Geogrids Market by Application (Road Industry, Railroad Stabilization, Soil Reinforcement, and Others) , by Region (Asia-Pacific, North America, Europe, Rest of the World) – Global Trends and Forecasts to 2020” report to their offering.
Geogrids are integrated into standard pavement designs and construction activities to improve the long-term performance or reduce initial construction costs. The geogrid market is investing in high-value research activities to create materials that are structurally superior and have optimum load bearing capacity. The major problems are the patent restrictions, inefficient R&D and usage in developing countries.
The global market size for geogrid materials in terms of value is projected to surpass $1.5 Billion by 2020, at a CAGR of around 13.0% from 2015 to 2020.
Globally, Asia-Pacific is projected to have the largest market size in terms of value as well as volume by 2020, followed by the North America region. Asia-Pacific is also projected to be the fastest growing market, at a CAGR of around 17.0% from 2015 to 2020, owing to rise in consumption in the region, where end-user markets of geogrids is growing steadily, especially in road and rail infrastructural developments. The European market is projected to grow at a rate of about 7.0% in terms of value.
Market players concentrate on expanding their geographical reach. Other development strategies adopted by market players are new products launch, agreements & collaborations, and mergers & acquisitions.
Key Topics Covered
- Introduction
- Research Methodology
- Executive Summary
- Premium Insights
- Market Overview
- Industry Trends
- Geogrids Market, By Type
- Geogrids Market, By Application
- Geogrids Market, By Region
- Competitive Landscape
- Company Profiles
- Appendix
Companies Mentioned
– Ace Geosynthetics
– Asahi-Kasei Geotech
– Carthage Mills
– Huesker Synthetic
– Low & Bonar
– Naue Gmbh & Co.
– Officine Maccaferri
– Propex Operating Company
– Royal Ten Cate
– Strata Systems
– Tenax
– Tensar International
For more information visithttp://www.researchandmarkets.com/research/pvk53r/geogrids_market
View source version on businesswire.com: http://www.businesswire.com/news/home/20150826005770/en/
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