Europe Geogrid Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Uniaxial Geogrid, Biaxial Geogrid, and Triaxial Geogrid), Application (Road Construction, Railroad Stabilization, and Soil Reinforcement), Manufacturing Method (Extruded, Knitted/Woven, and Bonded)
Market Introduction
The Europe geogrid market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The increase in demand in environmental projects mainly includes slope protection and erosion control which will drive industry growth. The soil erosion in Europe exceeds USD 1.45 billion annually as well as affected over 10 Mn hectares of agricultural land. The soil erosion can damage plantations, decline crop productivity, as well as increase the fertilizer costs. Geogrids are now being increasingly used to minimize erosion damage as well as to provide permanent protection & slope stability in embankments, hillsides, and stream & riverbanks. The rise in the consumer awareness regarding product applications for flood-prone areas in addition to their eco-friendly nature will further accelerate Europe geogrids market growth.
In case of COVID-19, in Europe, especially France, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of geogrid manufacturing activities. Downfall in other chemical and materials manufacturing sectors has subsequently impacted the demand for geogrid during the early months of 2020. Moreover, decline in the overall reinforcement materials manufacturing activities has led to discontinuation of geogrid manufacturing projects, thereby reducing the demand for geogrid. Similar trend was witnessed in other European countries, i.e., Russia, UK, Italy, Germany and Spain. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
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Market Overview and Dynamics
The geogrid market in Europe is expected to grow from US$ 250.90 million in 2020 to US$ 488.57 million by 2028; it is estimated to grow at a CAGR of 8.7 % from 2020 to 2028. The companies which are manufacturing geogrids are always looking to innovate the products provided by them. Previously, geogrids were usually made form materials such as polyester and propylene, but now high-density polyethylene materials are also used to produce geogrids. The geogrids made from HDPE resist elongation when they are subjected to heavy loads for long period. Due to HDPE resins these kinds of geogrids are mostly used with a variety of backfill materials that includes recycled concrete as well as on-site soils. The companies are also providing geogrids that can be customized and can be produced according to specific roll lengths as well as the widths and grid aperture/opening sizes without making any comprise on the structural integrity. Thus, such innovations are going to be the future of the geogrid industries. For instance, HUESKER has produced the world's first geogrid which is made from 100% recycled PET. With the introduction of the new product, the company is basically focusing on providing more environmentally friendly solutions which will help in conserving the natural resources during production. Strata provides StrataGrid which is a polyester, flexible, high-performance geogrid that is mostly used in soil reinforcement and other civil engineering applications.
Key Market Segments
Based on type the biaxial geogrid segment accounted for the largest share of the Europe geogrid market in 2019. Based on application, the road construction segment held a larger market share of the Europe geogrid market in 2019. Based on manufacturing method, the extruded segment held a larger market share of the Europe geogrid market in 2019. Biaxial geogrid is a type of geogrid which is made from high polymer. Biaxial geogrid consists of high tensile strength which is in both transverse and longitudinal directions. This type of geogrid is basically made through the process of extruding, punching, sheet forming and stretching. This type of geogrid basically provides good bearing capacity which can enhance soil structure and prevent soil erosion. This type of geogrid is often used in road construction to prevent the road from reflective and fatigue cracking. Biaxial geogrid is used to improve the long-term durability of the subgrade as well as reduces road maintenance costs. Geogrids also provides support for the construction of access roads, highways and applications on weak subgrades which earlier required expensive over-excavating and replacing. This type of geogrid has good resistance to long term degradation which makes it suitable for various applications, such as embankment reinforcement, soil stabilization, slope protection, wall reinforcement, and other permanent load bearing foundation reinforcement which in turn lead to an increased demand for biaxial geogrid. These products are mostly used in subbase reinforcement, soil stabilization, foundation engineering, and highway construction applications.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe geogrid market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Tensar Corporation, Solmax, Huesker Synthetic GmBH, Naue GmBH and Co. Kg, Sia Pietrucha Sp. Z O.O, Tmp Geosynthetics, BPM Geosynthetics, Bostd Geosynthetics Qingdao Ltd, Reed & Graham, Inc., Strata Systems, Inc. and Wrekin Products.
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- To understand the Europe geogrid market landscape and identify market segments that are most likely to guarantee a strong return
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Europe Geogrid Market Segmentation
Europe Geogrid Market -By Type
- Uniaxial Geogrid
- Biaxial Geogrid
- Triaxial Geogrid
Europe Geogrid Market -By Application
- Road Construction
- Railroad Stabilization
- Soil Reinforcement
Europe Geogrid Market – By Manufacturing Method
- Extruded
- Knitted/Woven
- Bonded
Europe Geogrid Market – By Country
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
Europe Geogrid Market – Company Profiles
- Tensar Corporation
- Solmax
- Huesker Synthetic GmBH
- Naue GmBH and Co. Kg
- Sia Pietrucha Sp. Z o.o
- Thrace Group
- Tmp Geosynthetics
- BPM Geosynthetics
- Bostd Geosynthetics Qingdao Ltd.
- Reed & Graham, Inc.
- Strata Systems, Inc.
- Wrekin Products
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Geogrid Market, by Type
1.3.2 Europe Geogrid Market, by Application
1.3.3 Europe Geogrid Market, by Manufacturing Method
1.3.4 Europe Geogrid Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Geogrid Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Europe Geogrid Market – Key Market Dynamics
5.1 Drivers
5.1.1 An Upsurge in the Infrastructural Activities
5.1.2 Superior Properties of Geogrid
5.2 Restraint
5.2.1 Regulations Related to Raw Materials Coupled with Challenges in Product Specification
5.3 Opportunity
5.3.1 Widescale Adoption of Natural Geogrid
5.4 Future Trend
5.4.1 Product Innovations taking place in the Geogrid Industry
5.5 Impact Analysis of Drivers and Restraints
6. Geogrid – Europe Market Analysis
6.1 Geogrid Market Overview
6.2 Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
7. Europe Geogrid Market Analysis – By Type
7.1 Overview
7.2 Europe Geogrid Market Breakdown, By Type, 2019 & 2028
7.3 Uniaxial Geogrid
7.3.1 Overview
7.3.2 Uniaxial Geogrid: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
7.4 Biaxial Geogrid
7.4.1 Overview
7.4.2 Biaxial Geogrid: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
7.5 Triaxial Geogrid
7.5.1 Overview
7.5.2 Triaxial Geogrid: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
8. Europe Geogrid Market Analysis – By Application
8.1 Overview
8.2 Geogrid Market Breakdown, By Application, 2019 & 2028
8.3 Road Construction
8.3.1 Overview
8.3.2 Road Construction: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
8.4 Railroad Stabilization
8.4.1 Overview
8.4.2 Railroad Stabilization: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
8.5 Soil Reinforcement
8.5.1 Overview
8.5.2 Soil Reinforcement: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
9. Europe Geogrid Market Analysis – By Manufacturing Method
9.1 Overview
9.2 Geogrid Market Breakdown, By Manufacturing Method, 2019 & 2028
9.3 Extruded
9.3.1 Overview
9.3.2 Extruded: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
9.4 Knitted/Woven
9.4.1 Overview
9.4.2 Knitted/Woven: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
9.5 Bonded
9.5.1 Overview
9.5.2 Bonded: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
10. Geogrid Market Analysis – Country Analysis
10.1 Overview
10.1.1 Europe: Geogrid Market, by Key Country
10.1.1.1 Germany: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
10.1.1.1.1 Germany: Geogrid Market, by Type
10.1.1.1.2 Germany: Geogrid Market, by Application
10.1.1.1.3 Germany: Geogrid Market, by Manufacturing Method
10.1.1.2 France: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
10.1.1.2.1 France: Geogrid Market, by Type
10.1.1.2.2 France: Geogrid Market, by Application
10.1.1.2.3 France: Geogrid Market, by Manufacturing Method
10.1.1.3 Italy: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
10.1.1.3.1 Italy: Geogrid Market, by Type
10.1.1.3.2 Italy: Geogrid Market, by Application
10.1.1.3.3 Italy: Geogrid Market, by Manufacturing Method
10.1.1.4 UK: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
10.1.1.4.1 UK: Geogrid Market, by Type
10.1.1.4.2 UK: Geogrid Market, by Application
10.1.1.4.3 UK: Geogrid Market, by Manufacturing Method
10.1.1.5 Russia: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
10.1.1.5.1 Russia: Geogrid Market, by Type
10.1.1.5.2 Russia: Geogrid Market, by Application
10.1.1.5.3 Russia: Geogrid Market, by Manufacturing Method
10.1.1.6 Rest of Europe: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
10.1.1.6.1 Rest of Europe: Geogrid Market, by Type
10.1.1.6.2 Rest of Europe: Geogrid Market, by Application
10.1.1.6.3 Rest of Europe: Geogrid Market, by Manufacturing Method
11. Impact of COVID-19 Pandemic on Europe Geogrid Market
11.1 Impact of COVID-19 on Geogrid Market
11.2 Europe: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 BPM geosynthetics
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Huesker Synthetic GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Tensar Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 NAUE GmbH & Co. KG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Solmax
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 S i A Pietrucha Sp. z o.o.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Bostd Geosynthetics Qingdao Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Thrace Group
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Wrekin Products Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Tmp Geosynthetics
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Strata Systems, Inc.
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 Reed & Graham, Inc.
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. Germany Geogrid Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 3. Germany Geogrid Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 4. Germany Geogrid Market, by Manufacturing Method – Revenue and Forecast to 2028 (US$ Mn)
Table 5. France Geogrid Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 6. France Geogrid Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 7. France Geogrid Market, by Manufacturing Method – Revenue and Forecast to 2028 (US$ Mn)
Table 8. Italy Geogrid Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 9. Italy Geogrid Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 10. Italy Geogrid Market, by Manufacturing Method – Revenue and Forecast to 2028 (US$ Mn)
Table 11. UK Geogrid Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 12. UK Geogrid Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 13. UK Geogrid Market, by Manufacturing Method – Revenue and Forecast to 2028 (US$ Mn)
Table 14. Russia Geogrid Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 15. Russia Geogrid Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 16. Russia Geogrid Market, by Manufacturing Method – Revenue and Forecast to 2028 (US$ Mn)
Table 17. Rest of Europe Geogrid Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 18. Rest of Europe Geogrid Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 19. Rest of Europe Geogrid Market, by Manufacturing Method – Revenue and Forecast to 2028 (US$ Mn)
Table 20. Glossary of Terms, Europe Geogrid Market
LIST OF FIGURES
Figure 1. Geogrid Market Segmentation
Figure 2. Europe Geogrid Market Segmentation – By Country
Figure 3. Europe Geogrid Market Overview
Figure 4. Biaxial Geogrid Segment Held Largest Share of Europe Geogrid Market
Figure 5. Germany Held Largest Share of Europe Geogrid Market
Figure 6. Europe Geogrid Market, Industry Landscape
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 1. Geogrid Market Impact Analysis of Drivers and Restraints
Figure 2. Europe Geogrid Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 3. Europe Geogrid Market Breakdown, By Type, 2019 & 2028
Figure 4. Uniaxial Geogrid: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 5. Biaxial Geogrid: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 6. Triaxial Geogrid: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 7. Geogrid Market Breakdown, By Application, 2019 & 2028 (%)
Figure 8. Road Construction: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 9. Railroad Stabilization: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 10. Soil Reinforcement: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 11. Geogrid Market Breakdown, By Manufacturing Method, 2019 & 2028 (%)
Figure 12. Extruded: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 13. Knitted/Woven: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 14. Bonded: Geogrid Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 15. Europe: Geogrid Market, by Key Country – Revenue (2019) (USD Million)
Figure 16. Europe: Geogrid Market Revenue Share, by Key Country (2019 and 2028)
Figure 17. Germany: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 18. France: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 19. Italy: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 20. UK: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 21. Russia: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 22. Rest of Europe: Geogrid Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 23. Impact of COVID-19 Pandemic in Europe Country Markets
- Tensar Corporation
- Solmax
- Huesker Synthetic GmBH
- Naue GmBH and Co. Kg
- Sia Pietrucha Sp. Z o.o
- Thrace Group
- Tmp Geosynthetics
- BPM Geosynthetics
- Bostd Geosynthetics Qingdao Ltd.
- Reed & Graham, Inc.
- Strata Systems, Inc.
- Wrekin Products
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