$2.2 Billion Worldwide Geotextile Tubes Industry to 2027 - Impact of COVID-19 on the Market

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Apr 07, 2021, 11:30 ET

DUBLIN, April 7, 2021 /PRNewswire/ -- The "Geotextile Tubes - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Geotextile Tubes estimated at US$ 2.2 Billion in the year 2020, is projected to reach a revised size of US$ 4 Billion by 2027, growing at a CAGR of 8.7% over the period 2020-2027.

Woven, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$ 3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Woven segment is readjusted to a revised 7.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $603.9 Million, While China is Forecast to Grow at 13.2% CAGR

The Geotextile Tubes market in the U.S. is estimated at US$ 603.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 930.4 Million by the year 2027 trailing a CAGR of 13.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Select Competitors (Total 34 Featured):

Ace Geosynthetics
Fibertex Nonwovens
Flexituff Ventures International Ltd.
Geobera
Geofabrics Australasia Pty Ltd
Global Synthetics Pty Ltd
Huesker
Koninklijke Tencate
Low & Bonar (Enka Solutions)
Naue GmbH & Co. Kg
Officine Maccaferri
Techfab India Industries Ltd
Tensar International
Titan Environmental Containment
Zebratube

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Geotextile Tubes Competitor Market Share Scenario Worldwide (in %): 2020E
Global Competitor Market Shares by Segment

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA

IV. COMPETITION

Total Companies Profiled: 34

For more information about this report visit https://www.researchandmarkets.com/r/43kxyg

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets