Geogrid Market

Date: 2016-05

Geogrid is a geo-synthetic material made from polymers which are majorly used in civil engineering applications to provide tensile reinforcement of soil. They are present in the form of open grids so that soil can strike through the opening and the two materials interlock together to give composite behavior. Even though their primary function is soil reinforcement, some products are designed for asphalt overlay and waterproofing or for separation and stabilization. They are widely used in construction of retaining walls, steep slopes, roadway bases and foundations.
The every growing development of transportation sector is favoring the future of this market.

The global geogrid market has been analyzed with respect to different parameters such as demand, supply, end-users and manufacturers of geogrid market. Geogrid market is categorized into Types, specifications and End-users of the industry. On the basis of type, geogrids are segmented into three type. They are punched and drawn geogrids, coated yarn geogrids and Welded rods or strap geogrids. Geogrids primarily consist of two functions; uniaxial and Biaxial. Depending on the application, respective specification of geogrid is used. The global geogrid market is estimated to grow at a CAGR of xx% through 2016-2022.

geogrid market

The overall market is also presented from the perceptive of different geographical regions and key countries in each region. Asia Pacific is the dominant market in the year 2015.
Geogrid Market is dominated by companies like:
Strata Geosystems (India)
Carthage Mills (U.S.)
Huesker Synthetic GmbH (Germany)
Tensar International Corporation (UK)
Asahi-Kasei Geotech (Japan)

Other important players in the market which have contributed substantial revenues to this market include:
Tenax Geogrids (U.S.)
Low&Bonar PLC (UK)
TMP Geosynthetics (China)
Naue GmbH & Co. KG (Germany)

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