Geotextile Tubes Market Worth 3.3 Billion USD by 2024 with Market Leaders, competitive landscape & Key Revenue Pockets

The Geotextile Tubes Market is projected to grow from USD 1.8 billion in 2019 to USD 3.3 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. Geotextile tubes also known as geotubes or dewatering tubes are made from permeable textile materials or fabrics for various civil engineering and other geotechnical applications. These tubes are manufactured in the form of large sludge dewatering bags or geo-containers constructed from high strength, permeable geotextile materials such as polypropylene and polyester.

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Tencate developed Geotubes after the catastrophic flood destroyed the coast of Holland in 1953. It developed technical textile for use in marine structures; this created a new market engineered geotextiles and industrial fabrics in marine & hydraulic and dewatering & containment applications. The name Geotube was trademarked in 1994 by Nicolon B.V in the Netherlands.

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The marine & hydraulic segment has been showing robust growth in consumption of geotextile tubes across the globe. The demand for woven geotextile tubes is the highest globally due to its filtration and high durable properties such as puncture resistance, wear and tear resistance, leak-proof, etc. Woven geotextile tubes are the ideal choice in the environmental engineering segment as these tubes offer better dewatering of industrial waste. In addition to this, these tubes are suitable for marine & hydraulic as well as agricultural use as these tubes can conform to the different types of sludge. However, the demand for nonwoven geotextile tubes is mainly in the beach nourishment application as these are not available in small sizes and are difficult to manufacture.

Key players such as Ace Geosynthetics (Taiwan), Officine Maccaferri (Italy), Low & Bonar (UK), Flexituff Ventures International Limited (India), TechFab India Industries Ltd (India), Geofabrics Australasia Pty Ltd (Australia), Koninklijke TenCate (Netherlands), NAUE GmbH & Co. KG (Germany), Huesker (Germany), and Fibertex Nonwovens (Denmark) have adopted acquisitions, expansions, supply contracts, collaboration, distribution agreement, new product launches, and divestments as their strategies.

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• In October 2018, TenCate Geosynthetics Americas started its new production line of non-woven geotextiles at its Jefferson, Georgia facility. The facility has advanced fiber distribution capabilities and the largest cross lapper to produce both polypropylene and polyester geotextiles. With this expansion, the company catered to the increasing demand for high-quality non-woven geotextiles.
• In February 2018, FiberTex Nonwoven acquired DUCI; a Brazilian owned non-wovens manufacturer to serve the growing demand for non-wovens in the South American market. This acquisition helped FiberTex Nonwoven expand its production capacity to serve a larger customer base and increase its global presence in the geosynthetics market.
• In September 2017, HUESKER Russia started production at its Klin facility (Russia). The new facility is spread across 5,000 m² and is engaged in the production of tried-and-tested geotextiles such as HaTelit, Basetrac, and Stabilenka. Additionally, the production site manufactured several products locally to cater to the hydraulics and environmental engineering segment. With this expansion, the company strengthened its position in the European market.
• In June 2016, TenCate supplied Geotube GT750M to the Department of Public Works and Highways Region III to avoid yearly flooding in Bataan (Philippines). The Almacen River Improvement Project was initiated to prevent erosion along the river embankment. The Geotube acted as a revetment protection structure and provided river embankment and slope protection. Additionally, the use of Geotube mitigated the problem of severe flooding in the surrounding municipalities.
• In September 2015, NAUE supplied 24,300m2 of Terrafix B 813 to provide long term coastline protection for the coast of Medmerry, UK. The Medmerry Beach Project provided protection against coastal erosion to around 300 properties inland and along the shoreline (farms, buildings, wastewater treatment plants) threatened by the area’s poor defenses.

The geotextile tubes market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. This can be attributed to the long coastline of the region and rising concerns over increasing ocean levels. Furthermore, emerging countries such as China, India, and Mexico are attracting global players in establishing their manufacturing bases in these regions. In countries such as China and India, the increasing investments by the government in the infrastructure activities are expected to provide major boost to this market. The increased investments across various technological, infrastructural, and R&D sectors have enabled manufacturers of geotextile tubes to supply high-quality products to these end-users and capitalize on the increasing demand in the region. After APAC, North America has the highest CAGR during the forecast period. This region is witnessing growth in all the major end-use segments, which is maintaining the high consumption of geotextile tubes.

Key Questions addressed by the report

• How is the use of geotextile tubes in the marine & hydraulic segment affecting the market?
• How is the increased penetration of geotextile tubes in emerging countries impacting the market?
• How are expansions helping the growth of the geotextile tubes market?
• Who are the leading players in the geotextile tubes market?
• How is volatility in the prices of raw materials expected to affect the geotextile tubes market?

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