- China and India will continue to dominate the industry revenue and will propel growth in the region
- India would also continue to promote its coir geotextiles market as it has one of the largest coconut production capacities, making it economically viable for the country to stimulate exports of such categories
Ken
Research announced its latest publication “Asia Geotextiles Industry Outlook to 2018 - Rising Investments in
Infrastructure Development to Spur Demand” presents a comprehensive analysis of the industry covering aspects
including market size by consumption value and volume, market segmentation by
major applications (Road Construction, Erosion Control, Drainage and Others),
by major types (Woven, Non-Woven, Knitted and Others), by Chemical Compositions
and by geography including China, India and other countries. The report also
entails a detailed description on the growth drivers, restraints, opportunities
for geotextiles market in the region and an analysis of future projections for
the market.
Asia was noted to be the largest consumer of
geotextiles in the world in 2013 and is expected to be the engine of growth in
the world geotextiles market in the coming years as well. Asia’s geotextiles
has registered a CAGR of ~% during 2008-2013.
There is a growing demand for geotextiles fabrics in the Asian region
due to large number of infrastructure projects. Geotextiles have been used in
large volumes for government infrastructure projects in the past which included
construction of highways, dams and pumps. Countries such as India and China
have highlighted geotextiles usage in their five year plans as well.
According to the research report, implementation of
geotextiles in the construction of roads would continue to drive geotextiles
market growth in Asian countries, as various six lane highway initiatives are
being taken up by the governments of these countries.
“Emerging economies in Asia provide a significant level
of opportunities for the geotextiles market in the world. As these economies
would grow, infrastructure sector would grow at a rapid pace, opening new doors
for the use of geotextiles in various applications. The foremost opportunity
provided by these economies would be road construction which would command the
highest share of geotextiles application in the region. Moreover, high rate of
urbanization and development that would occur in the countries would provide
opportunities for domestic production of geotextiles which might curb down its imports,
and help by giving a push to the industry.” according to the Research Analyst,
Ken Research.
“According to Industry Sources, Indian market for
geotextiles would grow in the near term on account of the following factors: Current Government policies are in
favor of Infrastructure growth, Smooth flow of money due to current government policies, Greater investment in manufacturing
sector and the possibility of foreign Geosynthetics players investing in India for
manufacturing.”
Key
Topics Covered in the Report:
Asia Geotextiles Market
-
Market Size by Consumption Value and Volume
-
Market Segmentation by
o By
major applications (Road Construction, Erosion Control, Drainage and Others),
2013
o By
Chemical compositions, 2013
o By
major types (Woven, Non-Woven, Knitted and Others), by Chemical Compositions,
2013
o By
Geography ( China , India and Others), 2008-2013
-
Growth Drivers
-
Restraints
-
Opportunities
-
Export Market of Coir Geotextiles in India
-
Competition and Market Share
-
Future Outlook
-
Macro Economic Parameters
Key
Products Mentioned in the Report
Woven Geotextiles
Non Woven Geotextiles
Knitted Geotextiles
Polypropylene Geotextiles
Polyester Geotextiles
Polyethylene Geotextiles
Coir Geotextiles
Companies
Covered in the Report
TechFab India
Maccaferri
Tencate
Terram India (FiberWeb)
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