Transparency Market Research has published a new research report titled “Geosynthetics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” to their report store.
Albany, NY -- (SBWIRE) -- 04/04/2016 -- Geosynthetics are synthetic or man-made polymeric products used to stabilize terrain by enhancing its properties. They are generally used to solve civil engineering problems and are applied to geotechnical activities such as sediment control, soil erosion, and construction. Geosynthetics are flexible, have high tensile strength, are permeable and durable, offer resistance to corrosion, have low weight, and require less usage of airspace. Due to these properties, the global geosynthetics market, which was valued at US$9.57 bn in 2014, is anticipated to reach US$20.8 bn by 2023, expanding at a CAGR of 9.1% between 2015 and 2023, according to a report published by Transparency Market Research.
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Geosynthetics Allow Construction of Structures in Extreme Conditions
Geosynthetics are used in various construction applications which were once thought of being only in the realm of steel and concrete. Whether the condition involves excessively contaminated conditions, extremely soft soils or underwater locations, and extreme pH conditions, with the help of geosynthetics, construction of structures is possible under the most severe conditions.
Geosynthetics Indispensable for Cost Control in Mining Sector
For mine engineers and mine owners, geosynthetics provide cost effective solutions to some of the most challenging geotechnical issues on site. The use of geosynthetics in mining also helps increase productivity. All types of geosynthetics can be applied to mining applications such as filtration, drainage, reinforcement, protection, sealing and erosion control, capping sludge lagoons, impoundments, and reinforcement of structures.
Geosynthetic liners and covers have dramatically changed not only the performance of heap leaching for gold, uranium, copper, and other metals, but also the economics of mining. Geosynthetics have become crucial for cost control as well as for making some of the most complex projects possible, without affecting the environment adversely.
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Major Expenses Saved in Construction of Modular Assembly Yard by Using Geotextiles
For building a low maintenance, unpaved yard for the Lac La Biche community in Alberta, the use of geotextiles proved to be very cost effective and helped reduce almost half of the granular thickness. One of the major players in the geosynthetics market, Nilex Inc., suggested the use of geotextiles for the modular assembly yard which led to faster construction, improved sustainability, and decreased aggregate costs. Moreover the use of geosynthetics helped in increasing the thickness of the rib and the efficiency of the junction, which in turn enhanced the aggregate confinement and interlock, resulting in an optimal structure with a stabilized layer.
Geosynthetics reduced the required granular fill thickness to such a large extent that a huge quantity of fill was eliminated, due to the exceptional strength and robustness of the geosynthetics. The yard thus built was long lasting and low maintenance and built in half the time generally required, at a reduced cost. This is just an example of the many benefits proffered by geosynthetics.
Growing Environmental Concerns Regarding Soil Erosion to Drive Global Geosynthetics Market
The geosynthetics market is primarily driven by growing environmental concerns regarding soil erosion and increasing infrastructure developments. On the other hand, the availability of low cost and natural alternatives such as jute fiber and rocks are anticipated to challenge the growth of the geosynthetics market. However, an increase in the usage of geosynthetics in green roof and green wall construction is expected to open new doors of opportunity for the market in future.
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