Market Trends and Projections
The geotextile and agrotextile market is on an upward trend. According to a recent report released by Grand View Research, the global geotextile market size is expected to reach $11.82 billion by 2030, growing at a CAGR of 6.6% during 2023-2030. Geotextiles are in high demand due to their applications ranging from road construction, erosion control, and drainage systems.
Factors Driving Demand
The increasing demand for agricultural productivity to meet the needs of a growing population, along with the rise in demand for organic food, is driving the adoption of agrotextiles globally. These materials help increase crop yields without the use of supplements, contributing to sustainable agricultural practices.
Market Growth in North America
The North American Nonwovens Industry Outlook report by INDA indicates that the geosynthetics and agrotextiles market in the U.S. grew by 4.6% in tonnage between 2017 and 2022. This growth is expected to continue, with a combined growth rate of 3.1% over the next five years.
Cost-Effectiveness and Sustainability
Nonwovens are generally cheaper and faster to produce than other materials, making them an attractive option for various applications. Additionally, they offer sustainability benefits. For instance, spunbond nonwovens used in road and rail sub-bases provide a barrier that prevents the migration of aggregates, maintaining the original structure and reducing the need for concrete or asphalt.
Long-Term Benefits
The use of nonwoven geotextiles in road sub-bases can significantly extend the life of roads and bring considerable sustainability benefits. By preventing water penetration and maintaining aggregate structure, these materials contribute to long-lasting infrastructure.
Post time: Dec-07-2024
