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2014 state of the specialty fabrics industry. Part 2: Geosynthetics
The U.S./Canadian geosynthetic market includes geotextiles, geomembranes, geogrids, geosynthetic clay liners, drainage materials, geocells, and erosion control materials. In terms of value, geomembranes made up 51% of demand in 2014. Geotextiles were the second largest segment in terms of value in 2014, representing 25% of demand. In 2014, the size of the U.S./Canadian geosynthetics market was $2.2 billion. The U.S./Canadian geosynthetics market grew 4% in 2014 - a nice improvement over its 1.5% growth rate in 2012. In a survey of Geosynthetic Materials Association (GMA) members and nonmembers in October 2014, respondents reported they expect sales to be slightly better in 2015 than in 2014. The U.S. geosynthetics market is expected to achieve a growth rate of 4% in 2015. Facilitating this growth is the U.S. transportation infrastructure construction market, which is expected to grow 3.1% from $185.9 billion in 2014 to $191.7 billion in 2015. Airport runway and terminal construction is expected to increase 5% to $13.1 billion in 2015; bridge and tunnel construction is expected to grow 2% from $30.8 billion in 2014 to $31.3 billion in 2015. The U.S./Canadian geomembrane market was valued at $1.1 billion in 2014. Key markets in the geomembrane market include infrastructure construction (roads and bridges), the waste management market, and mining. The geomembrane market is expected to grow at 8-10% per year from 2015 to 2018 and could reach $1.9 billion by 2018. The mining industry has spurred growth in the geomembrane market in the U.S. and Canada, especially with the surge in the U.S. shale gas extraction market in recent years. The slow economy during the past few years in the U.S. had an adverse effect on the growth of the geosynthetics market. But a steady, improved economy is expected to help propel the geosynthetics market toward an annual growth rate of 4-5% in the next few years.
2014 state of the specialty fabrics industry. Part 2: Geosynthetics
The U.S./Canadian geosynthetic market includes geotextiles, geomembranes, geogrids, geosynthetic clay liners, drainage materials, geocells, and erosion control materials. In terms of value, geomembranes made up 51% of demand in 2014. Geotextiles were the second largest segment in terms of value in 2014, representing 25% of demand. In 2014, the size of the U.S./Canadian geosynthetics market was $2.2 billion. The U.S./Canadian geosynthetics market grew 4% in 2014 - a nice improvement over its 1.5% growth rate in 2012. In a survey of Geosynthetic Materials Association (GMA) members and nonmembers in October 2014, respondents reported they expect sales to be slightly better in 2015 than in 2014. The U.S. geosynthetics market is expected to achieve a growth rate of 4% in 2015. Facilitating this growth is the U.S. transportation infrastructure construction market, which is expected to grow 3.1% from $185.9 billion in 2014 to $191.7 billion in 2015. Airport runway and terminal construction is expected to increase 5% to $13.1 billion in 2015; bridge and tunnel construction is expected to grow 2% from $30.8 billion in 2014 to $31.3 billion in 2015. The U.S./Canadian geomembrane market was valued at $1.1 billion in 2014. Key markets in the geomembrane market include infrastructure construction (roads and bridges), the waste management market, and mining. The geomembrane market is expected to grow at 8-10% per year from 2015 to 2018 and could reach $1.9 billion by 2018. The mining industry has spurred growth in the geomembrane market in the U.S. and Canada, especially with the surge in the U.S. shale gas extraction market in recent years. The slow economy during the past few years in the U.S. had an adverse effect on the growth of the geosynthetics market. But a steady, improved economy is expected to help propel the geosynthetics market toward an annual growth rate of 4-5% in the next few years.
2014 state of the specialty fabrics industry. Part 2: Geosynthetics
Rasmussen, Jeffrey C. (author)
Geosynthetics ; 33 ; 10-13
2015
3 Seiten, Bilder
Article (Journal)
English
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