MarkNtel Advisors recently published a report, titled, ” Global Geogrid Market By Application (Roads & Highways, Railway Tracks, Bridges & Dams, Residential & Commercial Buildings, Others (Sea Ports, Airport Runways, Solid Waste Landfills, etc.)), By Type (Uniaxial GeoGrids, Biaxial Geogrids, Triaxial Geogrids), By Manufacturing Method (Extrusion, Knitten/Woven, Bonded/Welded),. As per as the report The Global GeoGrid Market is expecting to propagate at around 8% CAGR in the forecast period of 2022-27.
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Growth Opportunity: Surge in Railway Development
In railway tracks, geogrids help stabilize the substructure on soft soil, reinforce soil walls & steep stones, asphalt reinforcement, spread loads over piles, etc. Hence, they play a crucial role in reducing the maintenance costs associated with tracks while preventing structural deficiencies as the deployment of GeoGrid ensures the structural integrity of the base aggregate and the capacity of the railway. Consequently, the rising railway development & up-gradation projects in several countries worldwide would lead to a notable demand for geogrids in the upcoming years, which would act as an area of lucrative growth opportunity for the global market.
Leading Companies in Global Geogrid Market:
Ace Geosynthetics, Glen Raven Inc., Huesker Synthetic GmbH, Low & Bonar PLC, Maccaferri Group- SECI SPA, Naue GmbH & Co. CG, Tenax SPA, Koninklijke ten Cate BV, Tensar Corporation, Wrekin Products Ltd., Asahi-Kasei Geotech, Diamond Grid, GSE Environemental, Machine-TST, Low & Bonar, Maruti Rub-Plast, CTM Geosynthetics, Carthage Mills.
Global Geogrid Market Segmentation:
By Application
-Roads & Highways
-Railway Tracks
-Bridges & Dams
-Residential & Commercial Buildings
-Others (Sea Ports, Airport Runways, Solid Waste Landfills, etc.)
By Type
-Uniaxial GeoGrids
-Biaxial Geogrids
-Triaxial Geogrids
By Manufacturing Method
-Extrusion
-Knitten/Woven
-Bonded/Welded
Get Full Access Of Global Geogrid Market Report : https://www.marknteladvisors.com/research-library/geogrid-market.html
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia Pacific.
Key questions answered in the Global Geogrid Market are:
•What is Global Geogrid Market?
•What was the market size in 2021?
•What is the growth rate of the Global Geogrid Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Geogrid Market?
•What segments are covered in the Market?
•Who are the key players in the Global Geogrid Market?
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