U.S. Geotextiles Market Size, Share & COVID-19 Impact Analysis, By Material (Synthetic and Natural), By Product (Non-Woven, Woven, and Knitted), and By Application (Road Construction, Erosion Control, Pavement Repair, Drainage, Railroad, Agriculture, and Others), 2023-2030

The U.S. geotextiles market size was USD 484.3 million in 2022 and is projected to grow at a CAGR of 7.2% during the forecast period.

The U.S. has seen a significant rise in infrastructural projects, such as construction of roads, railroads, bridges, dams, and drainage systems. Low cost and superior properties are the primary factors for the adoption of the geotextiles in road construction activities. Therefore, rising demand for high-quality roads and growth in infrastructural activities will drive the U.S. geotextiles market growth during the forecast period. In April 2022, the U.S. Department of Agriculture (USDA) announced plans to invest USD 420 million in 132 infrastructure projects across 31 states in the country. Some of these projects include rehabilitating dams, restoring watersheds, and preventing floods.

The pandemic negatively impacted the construction industry due to the stoppage of infrastructure development activities and lack of funding in 2020. The U.S. government imposed a lockdown and strict restrictions on the import and export of raw materials. These actions hampered the market growth during the pandemic.

LATEST TRENDS

Increasing Use of Highly Developed and Extensive Drainage Systems to Boost Market Growth

Geotextiles have wide usage in many construction applications including drainage structures, landfills, and harbor roads to enhance soil stabilization. In the U.S., drainage systems are thoroughly developed and expansive.

To develop modern and smart cities, a proper drainage system structure is required. Therefore, they are increasingly used in drainage systems. Also, expansion of the construction industry will drive the market growth. This growth can be driven by the high utilization of drainage systems and the constant need to maintain them. Therefore, these factors will propel the growth of the market in the country.

DRIVING FACTORS

Rising Demand for Geotextiles in Road Construction to Drive Market Growth

Geotextiles are the perfect solution for increasing the lifespan of pavements, highway repairs & maintenance, cost control, ground stabilization problems, and improving road lifespan. They are one of the basic materials used in constructing roads, flyovers, bridges, highways, and pavements for filtration and separation activities. This is because they help prevent the migration of small gravels & sand aggregates and allow the free flow of water. Therefore, emerging geotextiles in the road industry are likely to drive the market growth.

In November 2021, President Joe Biden signed the Bipartisan Infrastructure Bill to invest more than USD 1 trillion in developing infrastructure including roads, transport infrastructure, and more. These plans are supporting the growth of infrastructural projects within the country.

RESTRAINING FACTORS

Fluctuating Raw Material Prices to Hinder Market Growth

Geotextiles are produced using synthetic fibers, such as polypropylene, polyester, and polyethylene, and natural fibers, such as jute, coir, and ramie. Changes in the demand and supply of these materials may negatively impact the market. The synthetic fibers are derived from crude oil. Thus, increasing the price of crude oil leads to an increase in the price of crude oil-based materials, thereby impacting the market. Therefore, fluctuations in the prices of raw materials can restrain the market's growth.

SEGMENTATION

By Material Analysis

Based on material, the market is segmented into synthetic and natural.

The synthetic segment dominated the market in 2022 due to the increasing demand for construction projects. Synthetic materials are highly cost-effective and their properties are superior to those of natural ones. They enable erosion control, offer high strength & low elongation, slope support, and stabilization. Due to such benefits, synthetic materials are being increasingly demanded in the construction of roads, pavements, diversion-based irrigation, riverbanks, railroads, and dam projects.

• According to the Association of American Railroads, the U.S. Class I railroads have spent over USD 250 billion on equipment and infrastructure. The country also laid approximately six million tons of new rail in the last 10 years.

By Product Analysis

Based on product, the market is segmented into non-woven, woven, and knitted. The non-woven segment held a larger market share in 2022. Non-woven products are being increasingly used in bridges, railways, roads, airport construction, highways, drainage systems, soil separation, filtrations, and soil reinforcement activities. Rapid infrastructural development in the country will positively impact the market growth. The woven and knitted geotextile segments are projected to grow positively during the forecast period.

By Application Analysis

Based on application, the market is segregated into road construction, erosion control, pavement repair, drainage, railroad, agriculture, and others. The road construction segment accounted for the largest U.S. geotextiles market share in 2022. Geotextiles are used to improve the stability and decrease the chances of water erosion. Therefore, it maintains road stability for a longer time. Such benefits are expected to drive the segment’s growth during the forecast timeframe.

KEY INDUSTRY PLAYERS

The competitive landscape of the U.S. market is quite consolidated due to the vast presence of established as well as emerging companies. Some of these players include GSE Environmental, TYPAR Geosynthetics, and Belton Industries, and others. Industry players are competing with each other on the product’s application areas and price. They are also increasing their focus on acquisitions, collaborations, product innovations, and social media marketing.

LIST OF KEY COMPANIES PROFILED:

• GSE Environmental (U.S.)


• TYPAR Geosynthetics (U.S.)


• Belton Industries (U.S.)


• Thrace Group (Greece)


• AGRU AMERICA, INC. (U.S.)


• SKAPS Industries (U.S.)


• Asahi Kasei Advance Corporation. (Japan)


• BontexGeo Group (Belgium)

KEY INDUSTRY DEVELOPMENTS: 

• March 2022 –  BontexGeo Group acquired Geotexan S.A. The acquired company specialized in the production and sale of geosynthetics and fibers. This acquisition helped the company secure a strong position in the market.

REPORT COVERAGE

The U.S. geotextiles market report studies a wide range of key factors, such as leading applications, products, and companies. It also gives valuable insights on the latest market trends and covers top industry developments. It examines the market’s historical data, dynamics, opportunities, and revenue growth estimates at the country level. Apart from the abovementioned factors, the report includes several other factors that have contributed to the market's growth in recent years.

Report Scope & Segmentation