Geogrids Market Overview and Supply Consumption Analysis 2018 to 2021

“Global Geogrids Market 2017-2021” provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Geogrids Market.

This report studies the Geogrids market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries. The report covers the present scenario and the growth prospects of the global Geogrids retail market for 2017-2021. To calculate the market size, the report includes segmentation of the market on the basis of product category and geography.

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Key vendors in this market are:
• Koninklijke Ten Cateas
• Low & Bonar
• NAUE
• Officine Maccaferri
• Strata Systems
• ACE Geosynthetics
• Asahi Kasei Advance
• Atarfil
• Carthage Mills

Commenting on the report, an analyst from Industrydataanlytics team said: The latest trend gaining momentum in the market is Increasing mergers & acquisitions (M&As). The market is fragmented because of the presence of small regional manufacturers. Cost leadership and innovation help vendors remain competitive in the market. The key players acquire the small players to increase their market share and improve their global presence. M&A will help big players to exploit the emerging markets and improve their product portfolio according to the regional needs.””””””

Geogrids are made of polymers and composites that are used to reinforce soil in road, railways, and other construction works. Widely used polymer materials in the manufacture of geogrids include polyesters, polyethylene (PE), polyvinyl alcohols (PVA), and others that are produced in a compact form and then stretched in sheets with grids. Geogrids offer high tensile strength by holding the walls of the structure. They (geogrids) extend the life of walls. Geogrids are used in walls over certain heights to firmly hold the structure and prevent failures. In addition, geogrids are used in pavements and runways as these materials distribute the load over a greater area and increase the strength of the base. Geogrids are generally made of high-density polyethylene (PE) and polypropylene (PP).

Industrydataanlytics forecast the global geogrids market to grow at a CAGR of 12.78% during the period 2017-2021.

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Covered in this report:
The report covers the present scenario and the growth prospects of the global geogrids market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

Industrydataanlytics report , Global Geogrids Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

This independent 81 page report guarantees you will remain better informed than your competition. With over 50 tables and figures examining the Geogrids market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Segmentation by geography and analysis of the Geogrids market
• Americas
• APAC
• Europe
• ROW

Further, the report states that one of the major factors hindering the growth of this market is Fluctuation in prices of raw materials. Geogrids are made of synthetic polymers. In terms of volume, PP accounts for approximately 55% of the global geogrids market. It is used for construction purposes as it increases the lifespan. Since geogrids are made primarily of PP, fluctuations in the price of raw materials affect the cost of production of geogrids. Uncertainty in the availability of raw materials creates volatility in demand. Several vendors change the price of the product because of fluctuating prices of raw materials. Export and import of raw materials by countries also impact the price of products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Major points covered in Global Geogrids Market 2017 Research are:-

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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