Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1348.31 Million | USD 2097.89 Million | 4.52% | 2024 |
FrequentlyAsked Questions
The global geogrid market is expected to grow due to increasing infrastructure development activities worldwide, the superior properties of geogrids such as high tensile strength and durability, their cost-effectiveness in reducing maintenance and material usage in construction projects, and a growing awareness regarding soil stabilization and erosion control.
According to a study, the global geogrid market size was worth around USD 1348.31 Million in 2024 and is expected to reach USD 2097.89 Million by 2034.
The global geogrid market is expected to grow at a CAGR of 4.52% during the forecast period.
Asia-Pacific is expected to dominate the geogrid market over the forecast period.
Leading players in the global geogrid market include Huesker (U.S.), Commercial Metals Company (U.S.), TenCate Geosynthetics Europe (Austria), Strata Systems Inc. (U.S.), Maccaferri Inc. (U.S.), Advanced Drainage Systems Inc. (U.S.), NAUE GMBH & CO. KG. (Germany), Synteen Technical Fabrics (U.S.), CLIMAX SYNTHETICS PVT. LTD. (India), Veer Plastics Private Limited (India), BPM (China), GSE Environmental (U.S.), S i A Pietrucha Sp. z o.o. (Poland), CTM Geosynthetics (India), TENAX Corporation (U.S.), BOSTD Geosynthetics Qingdao Ltd, among others.
The report explores crucial aspects of the geogrid market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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