Study says global geosynthetics market will grow by 10.05%/year through 2023




DUBLIN, Ireland, April 19, 2018-

The global geosynthetics market is expected to register a CAGR of 10.05% during 2018 to 2023(the forecast period). The Asia-Pacific region is estimated to lead the market, due to its rapid increase in infrastructure and mining activities. The construction sector is expected to be the fastest-growing market segment by application.

The growth in the usage of geosynthetics in mining activity is due to its ability to resist the harsh environment they are exposed to, the extreme ranges in leachate properties generated from the various ore extraction processes, and the extremely large normal loads they are subjected to. On mining sites, geomembranes are used primarily for liquid containment (drainage waters, process solutions, treatment ponds) as basal liners. The geomembrane lining material is also used to retain chemical solution, which is used to dissolve minerals from the ore and to allow the leachate to be collected and refined. This helps to reuse and reduce wastage of chemicals. Geogrids have been used to stabilize  soft soils present on the upper layers and mine tailings for soil cover placement. Geopipes are used for the conveyance of drainage, runoff, process waters, or leak detection around mining sites. Geotextiles are used as cushion layers to provide a cushioning effect to avoid abrasion of metals. Geotextiles are also used as filter cloths to filter byproducts. With the ever-increasing requirements of metals and fuel, mining activity keeps growing, and this, in turn, leads to an increase in the amount of geosynthetics used.


Not a subscriber?









TRY Nonwovens Markets
Newsletter TODAY!

Subscribe