After doing a comprehensive analysis of the Geotextile Tubes Market, Insight Ace Analytic Pvt. Ltd. has released an exclusive report On The Global Geotextile Tubes Market. The report says The global geotextile tubes market is estimated to reach over USD 10.96 billion by 2031, exhibiting a CAGR of 10.67% during the forecast period.
Geotextile tubes are engineered constructions created using permeable geotextiles. They are made of high-tenacity polypropylene yarns and are covered with gabions. These tubes are filled with materials like slurry or sand and are highly resistant to biological, UV, and rotting damage, as well as chemicals, acids, and alkalis. They also help to reduce wind and water erosion, thus increasing stability.
Due to their ability to prevent the leakage of contaminants into the environment during processing, transit, and final disposal, geotextile tubes are commonly used in shoreline protection, dewatering, desludging, dredging materials, mining waste, and erosion control applications. Consequently, geotextile tubes find application in several industries, including construction, agricultural, marine, and wastewater treatment.
The market for geotextile tubes is expanding due to rising environmental concerns like coastal erosion and rising sea levels. Manufacturers have responded by releasing novel product versions with various technical and scientific characteristics. Additionally, the use of recycled and naturally sourced fibres is being promoted to increase the solid surface UV resistance and decrease fouling potential, further driving industry growth.
List of Top Companies Operating in the Geotextile Tube Market:
Here is the list of top Geotextile Tube Market players who dominate the whole industry.
- Ace Geosynthetics
- Fibertex Nonwovens
- Flexituff Ventures International Limited
- Flint Industries
- Geofabrics Australasia Pty Ltd
- Koninklijke Tencate
- Low & Bonar
- Naue Gmbh & Co
- Officine Maccaferri
- Techfab India Industries Ltd
- Tensar International
- Thrace Group
- Titan Environmental Containment
The primary driver of the global geotextile tube market is the widespread use of these tubes in dewatering and desludging processes for treating wastewater discharged by manufacturing industries. The increasing adoption of geotextile tubes in wastewater treatment by various manufacturing companies is fueling the market’s growth. Geotextile tubes are highly effective in preventing the release of toxins into the environment during dewatering and desludging processes. The rising environmental degradation due to industrial waste is also driving the expansion of the geotextile business.
The geotextile tube market is facing a challenge due to the decrease in downstream demand. The construction industry has come to a halt due to the lockdown imposed by many governments, and regular operations in end-user industries such as maritime and pulp & paper have been hampered. Although the construction industry has started to resume operations to some extent, the market is expected to pick up gradually as daily activities return to normal.
The Asia Pacific region was the largest market for geotextile tubes in 2021, owing to the frequent occurrence of hurricanes and floods in the area. Governments in the region are heavily investing in coastal protection structures to prevent coastal erosion and seawater intrusion, leading to increased demand for geotextile tubes. Furthermore, over the forecast period, the European market is expected to grow at a significant CAGR due to the increasing land reclamation efforts and investment in various maritime construction developments in the region. This is expected to have a positive impact on the market.
- In an undisclosed deal in June 2021, Canadian geosynthetics company Solmax acquired TenCate Geosynthetics. This acquisition has enabled Solmax to meet all infrastructure application needs with its geosynthetics solutions.
- In September 2021, HUESKER Synthetic GmbH, a German manufacturer of geosynthetics and technical textiles, introduced SoilTain Bags Xtreme. These sand-coloured sandbags are abrasion-resistant, and UV-resistant, and blend seamlessly with the environment, representing a new generation of sandbags.
Segmentation of Geotextile Tubes Market-
Woven Geotextile Tubes
Non-woven Geotextile Tubes
Pulp and Paper Mills
- The US
- The UK
- Rest of Europe
- South Korea
- South East Asia
- Rest of Asia Pacific
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
Reference Link: shorturl.at/enI12