North american geosynthetics markets 2024-2030 with solmax, agru, texel technical materials, hanes geo components, skaps, tensar, berry global, tenax, huesker synthetic, american excelsior leading
Dublin, jan. 09, 2025 (globe newswire) -- the "north american geosynthetics market size, share, trend, forecast, competitive analysis, and growth opportunity: 2024-2030" report has been added to researchandmarkets.com's offering. the north american geosynthetics market size was us$ 1.49 billion square meters in 2023 and is likely to grow at a decent cagr of 2.4% (by area) in the long run to reach 1.75 billion square meters by 2030 roads and other trafficked areas and asphalt reinforcement is expected to remain dominant, whereas solid waste disposal will be the fastest-growing application in the market during the forecast period the north american geosynthetics market is segmented into roads and other trafficked areas, asphalt reinforcement, railways, tunnels & underground structures, earthworks, foundation, and retaining walls, solid waste disposal, drainage systems, erosion control works, reservoirs & dams, canals, liquid waste containment, and others. due to huge investments in road infrastructure projects, roads and other trafficked areas and asphalt reinforcement is expected to remain dominant, whereas solid waste disposal will grow at the fastest rate in the market during the forecast period. the united states boasts the largest road network in the world, spanning an impressive 6,803,479 kilometers, necessitating regular maintenance and upgrades. the scale of the country's road infrastructure demands a comprehensive and ongoing approach to ensure the safety and efficiency of the transportation system. the rapid expansion in the application of geosynthetics for solid waste disposal is primarily attributable to the stringent environmental standards that are in place in high-income countries, such as the united states and canada. the increasing demand for geosynthetics in these countries is a result of the need to comply with the regulatory requirements that mandate the use of advanced technologies to manage waste disposal. by function type
