Geotextiles Market
Geotextile fabric’s applications in infrastructure and civil engineering projects such as roads and drainage systems, as in erosion control are expected to grow.
The nonwoven geotextiles market is predicted to reach $6.91 billion in 2025, as per an upcoming report by Grand View Research, Inc. The market is expected to grow by a CAGR of 6.7 per cent during the forecast time. The favourable policies of the government for the development and use of geotextiles are expected to enhance the demand for products.
China is expected to play a major role in the demand for geotextiles due to its increased involvement in the building of new drainage and roads. Additionally to this, it is believed that the Chinese state has expended large amounts of funds in the development of infrastructure and major investments were constructed in the construction of roads and railways.
Geotextiles market can be used to reduce erosion because of their reinforcement properties. Additionally, the material assists in keeping soil particles together and helps to encourage the growth of plants that will reduce erosion over the long term. Geotextiles market used in drainage systems can create an effective solution to ensure the water flow, thus helping to boost the sales of the market.
Geotextiles Market participants are involved by investing in innovative technologies, creating joint ventures, licensing agreements, as well as acquiring other technologies to boost their competitiveness.
Here’s a look at some of the recent developments in the geotextiles industry.
- Then, in August of 2021, the Bangladeshi company Confidence Infrastructure Limited announced that it was going to construct two-needle punching complete fabrics for geotextiles. Utilizing the latest technologies, Confidence Infrastructure can adjust to expanding Geotextiles market demands and adapt quickly and easily to the specific needs of customers. An increase in demand over the last few years resulted in the choice to invest in two new production lines for geotextile fabrics.
The scope of service includes all the opening and blending fibres to double Doffer card cross lapper Topliner with control of web profile WebiMax and needle punching equipment Stylus NL with winders. Confidence Infrastructure will produce 300-600gsm nonwoven geotextiles made of polyester and polypropylene with a maximum width of 4.2m. The majority of the product will be used as geo bags to aid in erosion control.
The project is intended to meet the growing demand for geotextiles within Bangladesh as well as international Geotextiles markets. Shahid Islam, senior GM & COO of Confidence Infrastructure, says: “We have chosen Autefa as our preferred partner for this project because of their demonstrated needle punching technology in the field. This is the first contract of a long-term relationship between Confidence Group together with Autefa Solutions.”
- In March 2021, Puerko Sp. z.o.o. stated that it will install the Andritz needle punch plant located in Myszkow, Poland. The line will be able to process recycled fibres of garment waste for the manufacture of technical felts that are used for geotextile and furniture applications. The final products will be made of fabrics with weights that range from 300-500 gsm and the capacity of production could reach 500 kg/h. The installation and the start-up are set for the 3rd quarter of 2021.
Andritz will provide a full needle punch eXcelle line of neckline starting from web-forming to needling as well as engineering equipment and the company’s newly released scanning gauge. It is not the first Andritz line to be delivered to Pureko which demonstrates the solid relationship between both businesses. In the past three years, Pureko invested in a modern, new plant that was which was supplied by ANDRITZ Asselin Thibeau to make fluffy nonwovens that are used in the textile, furniture, as well as clothing industry. This new line will allow Pureko to sustain its expansion.
Established in 2009, Pureko was established in 2009 and is among the biggest manufacturers of nonwovens in Poland. Pureko’s nonwoven products are mostly used to make wadding. They are not made of chemical residues, do not pose any health risks as well as are hypoallergenic. Pureko’s products have top certifications like INTERTEK, FIRA, OEKO-TEX as well as the National Institute of Hygiene.
- Then, in April of 2021, BontexGeo was one of the European makers of geotextiles market used in civil engineering, acquired 100 per cent of the shares in ABG Ltd. West Yorkshire (U.K.) ABG Ltd., a company based in the United Kingdom. ABG Ltd focused on the creation and sales of geosynthetic products that have a leading market position within ABG Ltd, United Kingdom.
This acquisition was completed on the 23rd of April 2021. BontexGeo can strengthen its presence in the vital U.K. market.
ABG Ltd is a Geotextiles market leader in the development, design manufacturing, and technical support for geosynthetic systems that are high-performance to be used in a broad array of civil engineering environments, and sustainable construction projects, often utilizing a certificate creator to authenticate their high standards. ABG is situated in Meltham located close to Manchester the city of Leeds and Manchester. Leeds.
“This acquisition will enable us to consolidate our place inside our place within the U.K. Geotextiles market and reinforces our desire to expand our business after the separation by Low & Bonar plc.” Explains Rob van der Valk, director of management at BontexGeo. “The expertise and portfolio of ABG permit us to construct on the success we’ve had in the previous few years.”
ABG will continue to operate with the identical name as a part of BontexGeo Group. Alan Bamforth, the managing director of ABG will proceed in his current undergo supervise the enterprise alongside collectively together with his employees.
“We anticipate being a part of BontexGeo Group,” says Bamforth.”ABG has labored with BontexGeo for a few years and this may supply a possibility for each side to achieve extra from the opposite’s experience and information.”
- Solmax the world’s market chief within the manufacturing high quality polyethene geomembranes designed for environmental and industrial purposes has signed an settlement with Koninklijke Ten Cate (the Netherlands) on the acquisition of TenCate Geosynthetics, a worldwide supplier of geosynthetics as well as industrial fabrics. Caisse de depot et placement du Quebec (CDPQ) and Fonds de solidarite FTQ, Solmax’s financial partners for the long term are both investing in the transaction.
“That’s the main time that two of primarily probably the most excellent corporations of their respective fields are globally acknowledged for the fine quality of their companies. This brings their geosynthetics under one roofing in the very first instance. This deal will boost the use of their products in civil engineering roads, road infrastructure, environmental and hydraulic projects,” says Jean-Louis Vangeluwe the president of Solmax. “This can be a important change inside the geosynthetic historical past producers who develop much less well-known engineering merchandise which can be very important for safeguarding the surroundings in addition to constructing infrastructure initiatives.”
“I am very happy to see our company being placed in the same space as Solmax. We are both top companies in our respective sectors and we are now joining together to make a more powerful global geotextiles market leader in geosynthetics. The long-term plan of Solmax about sustainability is very well with the TenCate vision of Geosynthetics. I am excited to guide my staff with confidence into the new business climate in which we can add more value in tandem,” says Wally Moore the TenCate Geosynthetics’ chief executive officer.
“I’m thrilled to see our family expand again. The inclusion of TenCate Geosynthetics in Solmax will result in a positive effect on the geosynthetics industries. With our services, products and resources available We will be able to have contributed to the quality of people’s lives and society in general,” concludes Jacques Cote who is the founder and Govt Chairman of Solmax’s Board of Solmax.
The deal is expected to be completed during the 2nd quarter of 2021. It is subject to normal approvals from regulators.
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