Global Geocells Market Size, Share, and COVID-19 Impact Analysis, By Raw Material (High-density Polyethylene and Polypropylene), By Design (Perforated and Non-Perforated), By Application (Load Support, Channel & Slope Protection, and Retention of Walls), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Chemicals & Materials

RELEASE DATE Jun 2024
REPORT ID SI4723
PAGES 208
REPORT FORMAT PathSoft

Global Geocells Market Insights Forecasts to 2033

  • The Global Geocells Market Size was Valued at USD 643.6 Million in 2023
  • The Market Size is Growing at a CAGR of 7.18% from 2023 to 2033
  • The Worldwide Geocells Market Size is Expected to Reach USD 1287.14 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Geocells Market

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The Global Geocells Market Size is Anticipated to Exceed USD 1287.14 Million by 2033, Growing at a CAGR of 7.18% from 2023 to 2033.

 

Market Overview

Geocells are often referred to as cellular confinement systems. They are utilized in construction to stabilize soil, minimize erosion on steep slopes and flat land, and improve structural strength for retention of soil and load bearing. The primary materials utilized to produce geocell systems are high-density polyethylene, polyester, and nano-polymeric alloys. It gives the versatility needed for a variety of applications. The use of geocells improves road surface quality, increases road safety, and reduces the frequency of expensive and disruptive road maintenance. It also helps to avoid the need for over-excavation and the dumping of low-quality soil, as well as providing great performance for earth-moving vehicles and resistance to adverse weather conditions such as severe rains. One of the most important trends in geocell technology is the creation of composite materials. Composite geocells are manufactured by combining two or more materials, resulting in a product with greater strength and longevity. Another trend is the development of geocells of various forms and sizes. This permits geocells to be used in a wide range of applications. The increased demand for geocells is primarily caused by environmental concerns and the desire to decrease construction costs.    

 

Report Coverage

This research report categorizes the market for the global geocells market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global geocells market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global geocells market.

 

Geocells Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023 :USD 643.6 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :7.18%
2033 Value Projection:USD 1287.14 Million
Historical Data for:2019-2022
No. of Pages:208
Tables, Charts & Figures:116
Segments covered:By Raw Material, By Design, By Application
Companies covered:: Presto Geosystems, Strata Systems, Armtec Infrastructure, Maccaferri SPA, Polymer Group Ltd, TMP Geosynthetics, Wall Tag Pte Ltd, Tensar International, PRS Geo-Technologies, Terram Geosynthetics, PRS Mediterranean, Tencate Geosynthetics, Miakom Group, ACE Geosynthetics, and Others Key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

Growing infrastructure construction activities around the world have the potential to drive the geocells industry. Governments all around the world are putting a lot of effort into creating roads, highways, trains, retaining walls, and slopes to improve connection and expand transportation networks. Geocell is predicted to gain popularity in the coming years due to its advantages in terms of overall construction cost, convenience of installation, sustainability, structural durability and flexibility, and ease of building for structures such as highways and slopes. Additionally, the use of geocells in agriculture provides long-term solutions for soil health, erosion prevention, and land use optimization. Their versatility and adaptability make them an effective instrument for solving the different difficulties that farmers and land managers face while also supporting environmental conservation. Such advancements are expected to propel the geocells market over the forecast period. The growing need for landscaping and outdoor spaces in the residential and commercial sectors has the potential to drive the worldwide geocells market.

 

Restraining Factors

The installation process of geocells is also quite expensive, as it entails precisely laying out geocell sheets on-site, filling them with infill material layer by layer, and compacting them thoroughly. Throughout the installation procedure, specialized heavy construction equipment, a skilled labor force, and engineering supervision are required. All of these aspects contribute to a high capital expense, which represents a significant obstacle to the broad implementation of geocell technology.

 

Market Segmentation

The global geocells market share is classified into raw material, design, and application.

  • The high-density polyethylene segment is expected to hold a significant share of the geocells market during the forecast period.

Based on the raw material, the geocells market is divided into high-density polyethylene and polypropylene. Among these, the high-density polyethylene segment is expected to hold a significant share of the geocells market during the forecast period. This segment's development can be attributed to HDPE's outstanding qualities, which include chemical resistance, weather resistance, ultraviolet protection, and high durability. Furthermore, HDPE's widespread availability and inexpensive cost make it an attractive material for geocell applications.

 

  • The perforated segment is expected to hold the largest share of the global geocells market during the forecast period.   

Based on the design, the geocells market is divided into perforated and non-perforated. Among these, the perforated segment is expected to hold the largest share of the geocells market during the forecast period. It helps reduce pore-water pressure. The system's stability on slopes depends on the appropriate perforation caused by the dissipation of pore-water pressure, which lowers the geocells' total weight. All of these design advantages have led to an increase in global perforated geocell use.

 

  • The channel & slope protection segment is expected to hold a significant share of the global geocells market during the forecast period.

Based on the application, the geocells market is divided into load support, channel & slope protection, and retention of walls. Among these, the channel & slope protection segment is expected to hold a significant share of the geocells market during the forecast period. Geocells are frequently employed in geotechnical engineering to control erosion on riverbanks, channel beds, and hillsides. They are utilized on embankments to stop erosion of the upper soil layer brought on by surface runoff and to maintain it. Cellular confinement systems with aggregate or cultivated topsoil maintain slope stability throughout time.

 

Regional Segment Analysis of the Global Geocells Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

 

North America is anticipated to hold the largest share of the global geocells market over the predicted timeframe.

 

Global Geocells Market

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North America is anticipated to hold the largest share of the geocells market over the predicted timeframe. The North American market's dominance is mostly due to the presence of a large number of geocell manufacturers with considerable manufacturing capacity and the ability to develop new products. The geocells market in the United States is expected to develop dramatically, driven by increased commercial construction activity and geocell use in geotechnical projects. Furthermore, the strict government regulations and quickly developing infrastructure in North America are expected to boost the geocell market's growth prospects during the projection year. Soil conservation programs are a prominent trend, and the region's government operations are increasingly supportive of the geocell market's growth.

 

Asia Pacific is expected to grow at the fastest pace in the geocells market during the forecast period. Due to the increasing expansion of infrastructure and construction operations in nations such as China, India, and Japan. Furthermore, the development of irrigation and agricultural infrastructure in the region contributes to the expansion of the worldwide geocell market. With growing economies such as China, India, and Japan experiencing an increase in development and infrastructure projects, the Asia Pacific region expects significant growth in the geocells industry. India is the largest contributor to the geocells market in Asia Pacific. This expansion is primarily driven by rising demand for geocells in the construction industry and infrastructure development, notably for significant projects such as the world's highest dam.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the geocells market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Presto Geosystems
  • Strata Systems
  • Armtec Infrastructure
  • Maccaferri SPA
  • Polymer Group Ltd
  • TMP Geosynthetics
  • Wall Tag Pte Ltd
  • Tensar International
  • PRS Geo-Technologies
  • Terram Geosynthetics
  • PRS Mediterranean
  • Tencate Geosynthetics
  • Miakom Group
  • ACE Geosynthetics
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In July 2022, Presto Geosystems, a pioneer in geocell technology, has released its most recent creation, the ATRA Wall Key, for its GEOWEB Retaining Wall System.

 

  • In January 2020, ASTM International published a new standard that governs the usage of geocells in geotechnical projects. ASTM International, originally known as the American Society for Testing and Materials, is a non-profit organization that creates and publishes nearly 12,000 technical standards covering all aspects of material testing and classification.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Geocells Market Size based on the below-mentioned segments: 

 

Global Geocells Market, By Raw Material

  • High-density Polyethylene
  • Polypropylene

 

Global Geocells Market, By Design

  • Perforated
  • Non-Perforated

 

Global Geocells Market, By Application

  • Load Support
  • Channel & Slope Protection
  • Retention of Walls

 

Global Geocells Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Which are the key companies that are currently operating within the market?
    Presto Geosystems, Strata Systems, Armtec Infrastructure, Maccaferri SPA, Polymer Group Ltd, TMP Geosynthetics, Wall Tag Pte Ltd, Tensar International, PRS Geo-Technologies, Terram Geosynthetics, PRS Mediterranean, Tencate Geosynthetics, Miakom Group, ACE Geosynthetics, and others.
  • 2.What is the size of the global geocells market?
    The Global Geocells Market Size is Expected to Grow from USD 643.6 Million in 2023 to USD 1287.14 Million by 2033, at a CAGR of 7.18% during the forecast period 2023-2033.
  • 3.Which region is anticipated to hold the largest share of the global geocells market?
    North America is anticipated to hold the largest share of the global geocells market over the predicted timeframe.

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