Global Market Insights, Inc.

Europe Geogrids Market Forecast 2018-2024: Top Players - Koninklijke Ten Cate, Solmax GSE, TENAX SPA, Tensar International Corporation, and Huesker Synthetic GmbH

Rising infrastructure spending accompanied with increasing number of construction projects in Poland, Russia, UK, Germany, and France should drive Europe geogrids market demand.

 

Sellbyville, DE -- (SBWIRE) -- 11/29/2018 -- Global Market Insights, Inc. present the report on Europe Geogrids Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

Europe Geogrids Market size is set to surpass USD 460 million by 2024; according to a new research report by Global Market Insights, Inc.Rising infrastructure spending accompanied with increasing number of construction projects in Poland, Russia, UK, Germany, and France should drive Europe geogrids market demand. They impart high tension membrane effect, improve bearing capacity of aggregate layer, and restrain lateral movements thereby positively influencing industry growth. Growing application in railways, increase performance and structural integrity while reducing costs which in turn fuel product demand.

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With European consensus on sustainable economic development gaining momentum post 2015, Europe geogrids market demand has considerably heightened over the recent years. The signature Paris agreement in the year 2015 toward establishing a low carbon society marked a milestone not only for the Europe Economy but also for the world. With the European Union having already made a pledge of reducing carbon emissions by almost 40% by 2030, Europe geogrids industry is set to attain remarkable proceeds.

Perhaps marred by the fact that construction domain accounts for a major chunk of these harmful emissions, sustainable infrastructure is being increasingly gaining preference in European economy. With the way the regional government is pushing toward clean energy with the increased utilization of smart technologies, it is certain that geogrids industry in Europe would procure considerable revenue over the ensuing years.

- Europe Geogrids Market, By Material
- HDPE
- Polyester
- Polypropylene

- Europe Geogrids Market, By Product
- Uniaxial
- Biaxial
- Multi-axial

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In the last half a decade the regional marketplace has gained remarkable proceeds with the extensive profiling of geosynthetics application. During this period, there have been huge contemporary innovations in grid like geosynthetic materials, giving lucrative opportunities to Europe geogrids industry from road reinforcing and retaining wall construction applications.

The product's excellent load bearing capacity, durability, and erosion control capabilities make it suitable for various high-tensile constructional applications. With increasing number of such public infrastructural projects onboard across Germany, UK, and Poland, Europe geogrids industry is slated to witness meteoric rise in the years ahead. In this regard, Europe's M1 Highway Asphalt Reinforcement with geogrids has recently made its way to the headlines.

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For the uninitiated, the M1 Highway is a major European route, connecting Warsaw and Moscow. When a problematic cracking was found along the Brest – Moscow portion of the highway, experts recommended the crack to be sealed by a geosynthetic asphalt reinforcement solution. Asphaltex GLASS (50/50)-40 from Machina-TST, the well wrap knitted glass fiber geogrids was reportedly selected for the project.

For the records, this advanced geogrid structure boasts of a portfolio of excellent thermal as well as chemical resistivity, that makes it ideal for various high temperature asphalt laying works. Sources further claim that this asphalt reinforced geogrid solution not just provides high tensile strength to roadway but also ensures strong adhesion to asphalt layering, subject to its bitumen impregnated structure. The project reflects how extensive research in asphalt reinforcement has opened up new growth avenues for Europe geogrids industry.

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