San Francisco, California (PRWEB) May 27, 2014
The global market for Geotextiles is expected to reach USD 8.24 billion by 2020, according to a new study by Grand View Research, Inc. Increased focus on geotextiles and its applications in roadways and erosion prevention is expected to be a key driver for the growth of the market. In addition, growing regulatory support in emerging countries including India, China, UAE and Brazil is also expected to augment the demand for geotextiles over the forecast period.
Road construction and erosion control were the largest applications of geotextiles together accounting for over 60% of global demand in 2013. Increasing infrastructure spending in Asia Pacific, Middle East and Latin America are expected to act as key factors for driving geotextile demand for this application. Road construction is also expected to be the fastest growing segment over the forecast period, at an estimated CAGR of over 9% from 2014 to 2020.
The report “Geotextiles Market Analysis and Segment Forecast To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/geotextiles-industry
Request Free Sample of This Report at http://www.grandviewresearch.com/industry-analysis/geotextiles-industry/request.
Further key findings from the study suggest:
Browse All Specialty glass, ceramic & fiber Market Reports at http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
For the purpose of this study, Grand View Research has segmented the global Geotextiles market on the basis of application, product and region:
Browse All Upcoming Reports By Grand View Research at http://www.grandviewresearch.com/ongoing-reports.
Latest Report Published By Grand View Research:
Coal Fired Power Generation Market Analysis By Technology (Pulverized Coal Systems, Cyclone Furnaces), By Application (Residential, Commercial) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/Coal-Fired-Power-Generation-Industry)
The global coal fired power generation installed capacity is expected to reach 2,072.8 GW by 2020, according to a new study by Grand View Research, Inc. Availability of coal at cheap prices mainly in coal rich Asian countries is expected to remain a key driving factor for the market. In addition, rising electricity consumption on account of growing energy need, especially from emerging markets, is also expected to have a positive impact on market demand. However, stringent regulatory outlook mainly in Europe and North America along with a definitive push for clean or sustainable energy may hinder market growth over the next six years.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com.
Corporate Sales Specialist, USA
Grand View Research, Inc
Toll Free: 1-888-202-9519