Europe Geogrids Market Analysis

Europe Geogrids Market Analysis

Polyester based Europe geogrids market size should register gains close to 4.5% by the end of forecast period. They have excellent heat resistance, high mechanical & chemical stability, resistance to ultraviolet & biological degradation and strong tensile strength which in turn enhances ground bearing capacity. Technological advancement in construction sector with rise in infrastructure spending should have a positive influence in Europe geogrids market demand.
 

Europe geogrids market from HDPE is poised to exceed USD 140 million by 2024. It has wide application usage in construction, reinforced retaining walls and slopes. They are mainly ideal for soil enforcement due to their interlocking action and strain compatibility. It is tested to maintain high strength junction, tensile modulus and also increases durability against installation damage.
 

Europe uniaxial geogrids industry size was valued at over USD 185 million in 2017. These products are used in reinforced retaining walls construction with varying frontages, long-term load-bearing structures, scarp, and landslide damage repair. High longitudinal tensile strength, low maintenance, rapid construction, and versatility are key attributes accelerating industry growth in the region.
 

Europe biaxial geogrids market share may account for about 20% of the total demand by 2024. These products find use in subbase reinforcement, soil stabilization, foundation engineering, and highway construction applications. Their beneficial features such as high tensile stiffness, excellent durability, and stretch resistance may favor product demand.
 

Europe geogrids market size from road construction is predicted to surpass USD 235 million by 2024. These products are used in construction of heavy load-bearing roads, port areas and airports. They improve load-bearing capacity, road safety, surface quality and reduce maintenance costs which further stimulate industry growth.
 

Europe geogrids market demand from soil reinforcement is likely to witness gains of about 3.5% during the foreseeable timeframe. These products are used in retaining walls, steep slopes and soft soil reinforcement owing to their relatively high tensile strength, improved rail safety, high temperature stability and excellent UV, chemical, abrasion and biological stability.
 

UK geogrids market size is predicted to witness gains at over 5% up to 2024 owing to increasing civil engineering projects, such as rail infrastructure development. Additionally, increasing erosion damage on England’s southern coast are primarily stimulating product demand. High-flood risk of England and Wales has led to increasing demand for sustainable urban drainage systems which may enhance regional market share.
 

Italy geogrids industry size is likely to exceed USD 50 million by 2024. Changing government attitude toward FDI has boosted investment in commercial & residential construction sector. In addition, high water and coastal erosion damage in several places such as Civita di Bagnoregio and Marche region are likely to accelerate regional demand. 
 

France geogrids demand may witness significant gains over the forecast timeframe. Potential rehabilitation of road and rail network infrastructure accompanied with companies upgrading construction projects benefitting to various application industries.