市场调查报告书
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1415558
全球土工格栅市场评估:按配置类型、按材料类型、按製造流程、按应用、按地区、机会、预测(2017-2031)Geogrids Market Assessment, By Configuration Type, By Materials Type, By Manufacturing Process, By Application, By Region, Opportunities and Forecast, 2017-2031F |
全球土工格栅市场规模预计将从 2023 年的 15.1 亿美元增至 2031 年的 23.5 亿美元,2024-2031 年预测期间复合年增长率为 5.7%。
美国各地对原油和天然气的需求不断增长正在加速市场成长。例如,根据美国铁路协会(Association of American Railroads)最近发布的统计数据,2022年,美国透过该国一流铁路运输了约650桶原油。
一个国家的成长和经济依赖于覆盖整个地区的网路连接。公路和高速公路将所有偏远地区与现代化、发达的城市连接起来,需要大量的道路建设和耐久性。道路和人行道的使用寿命取决于许多不利因素、交通负荷、地下条件等。土工格栅通常由聚合物组成,可以透过捕获颗粒填充物并将负载均匀分布在表面上来提供结构完整性。在道路建设中,土工格栅提供显着的抗拉强度,将土壤黏合在一起并增加承载能力。为了实现永续发展目标,公司正在开发先进的土工格栅,以减少道路建设成本、专案工期和碳排放。灵活、刚性的路面需要稳定的混凝土基础,这可以使用可持续的土工格栅来实现。因此,长距离道路连接等整个市场的正面因素正在促进土工格栅市场的成长。
例如,拜登政府已在2022年拨出5,500亿美元的巨额预算,用于大幅升级各种基础设施项目,包括道路、桥樑和水坝。根据国际交通论坛(ITF)发布的数据,过去十年来,欧盟(EU)各国政府每年在交通网路上的支出超过3,180亿美元。此外,2020年,欧盟各地约87.2%的内陆客运由汽车承载,其次是巴士、长途汽车和无轨电车,占7.4%。
铁路基础设施一直是任何国家经济的交通方式,而且对高铁的需求不断增加,特别是在交通拥堵变得更加严重的情况下。铁路网的建设涉及与土壤成分和主要环境条件相关的问题。土工格栅是建造大型铁路轨道的合适材料,可显着减少长网的变形,并进一步减少所需的维护。在巨大荷载下,测试所用土工格栅的变形和退化响应,以评估稳定铁路结构的性能。土工格栅通常放置在现有地质构造和道碴层之间,对结构的完整性有很大贡献。因此,由于铁路项目基础设施的不断扩大,无论是用于货物运输还是人员流动,土工格栅市场预计将大幅成长。
例如,根据美国铁路协会的数据,过去五年,美国每年平均在货运铁路上投资超过 230 亿美元。美国货运铁路网覆盖近 140,000 英里,其中短途铁路超过 44,000 英里,一级铁路超过 92,000 英里,服务于 49 个州。同样,美国联邦公路管理局估计,美国货运量将从2020年的约193亿吨大幅增加到2040年的251亿吨。
印度和中国的交通需求增加是由于人口快速成长导致公路交通量增加。此外,随着石油和火力发电厂等基础设施建设的增加,道路上的重型卡车交通量也在增加,导致在鬆软、潮湿的土壤上建造柏油路。土工格栅为此类高速公路的建设做出了巨大贡献,使交通更加有效率。该地区的铺装道路、公路稳定、铁路建设和道碴稳定以及路边排水系统的建设不断增加,在提供长期稳定性的同时也对环境友好。这是透过采用土工格栅来实现的。
本报告研究分析了全球土工格栅市场,提供市场规模和预测、市场动态、主要参与者现状和前景等。
Global geogrids market is projected to witness a CAGR of 5.7% during the forecast period 2024-2031, growing from USD 1.51 billion in 2023 to USD 2.35 billion in 2031. Geogrids are progressively benefitting in areas such as transportation, waste drainage systems, and road pathways. For instance, according to the recent data published by the Association of American Railroads, freight rail has become an integrated network of trains and trucks across the United States that substantially transports around 61 tons of essential goods per year.
The rising demand for crude oil and gas across the United States is accelerating the growth of the market. For instance, according to the recent statistics published by the Association of American Railroads, in 2022, the United States transported around 650 barrels of crude oil using country's Class I railroads.
The geogrids market is experiencing massive growth due to the rising business of construction, pipeline projects, and erosion control in the soil solution. Geogrids comprise peculiar structures that are extensively used for reinforcement purposes and successively provide the required strength to reinforce the filling material to confine the soil particles. The newly designed geogrids are optimized with geometrical dimensions for providing maximum confinement of granular fill generating an effective stabilized layer. Severe weather conditions and challenging environment scenarios are disastrous for soil confinement and slopy areas where geogrids are more resilient to such prevailing conditions and can withstand them for a longer period. Consequently, the growing demand to build extensive rail and road networks is propelling the growth of the geogrids market.
The growth and economy of any country depend on the network connectivity covering the entire region. Expressways and highways are significantly bringing every remote location to the upfront and advanced cities which requires massive road construction and its durability. The lifespan of roads and pavements depend on various unfavorable factors, traffic loads, subgrade soil conditions, etc. Geogrids are generally composed of polymers that potentially provide structural integrity by confining granular fill and uniform load distribution over surfaces. In road construction, geogrids provide remarkable tensile strength that subsequently holds the soil together, ultimately enhancing the load-carrying capacity. Companies are progressively developing advanced geogrids for reducing road construction costs, project time, and carbon emissions to meet sustainability goals. Flexible and rigid paved roads prominently require a stable concrete foundation which can be accomplished using sustainable geogrid. Hence, the overall positive market factors like long-range road connectivity are contributing to the growth of the geogrids market.
For instance, in 2022, the Biden administration cleared a huge amount of USD 550 billion to substantially upgrade various infrastructure projects, including roads, bridges, dams, etc. Data published by the International Transport Forum (ITF) progressively states that over the last decade, the European Union government has spent over USD 318 billion every year on transportation networks. In addition, in 2020, around 87.2% of inland passenger transport across the European Union was carried by traveling cars followed by buses, coaches, and trolleybuses accounting for 7.4%.
For any country, railway infrastructure is always an economical mode of transportation, especially with the rising traffic congestion that substantially led to the increasing demand for high-speed railway lines. The construction of rail networks involves problems associated with the soil composition and prevailing environmental conditions. Geogrids are suitable materials for the construction of massive rail tracks that significantly reduce the deformation over the long network, further reducing necessary maintenance. Under immense load, the deformation and degradation response of applied geogrid is tested to assess and evaluate the performance of stabilized rail structures. Geogrids are generally placed between the existing formation and the ballast layer, significantly leading to structural integrity. Hence, the geogrids market is anticipated to experience massive growth due to the growing infrastructure of rail projects either goods carrier or human movement.
For instance, according to the Association of American Railroads, the United States has invested in freight railroads averaging over USD 23 billion every year for the past five years. The freight rail network across the United States is nearly 140,000 miles covering the entire country, comprising 49 states where the short lines complete over 44,000 route miles and Class I railroads running over 92,000 route miles. Likewise, the Federal Highway Administration estimated that the total United States freight movements will substantially increase from around 19.3 billion tons in 2020 to a huge 25.1 billion tons in 2040, which is a massive 30% rise.
The higher demand for transportation in India and China is attributed to the rapid increase in the population, which has increased highway traffics, therefore leading to the development of the long-range rail network across the county. The growing infrastructure construction, including oil and thermal power plants, has also increased the traffic of heavy trucks on roads, which has led to the foundation of paved roads on soft and wet soils. Geogrids contribute significantly to building such highway roads for efficient transportation. The paved roads, highway stabilization, railway construction and ballast stabilization, and roadside drainage systems work are growing across the Asia region, which is accomplished by incorporating geogrids that provide long-term stability while simultaneously taking care of environmental concerns.
For instance, under the China Belt and Road Initiative (BRI), the investment for road projects in 2022 was USD 67.8 billion. In addition, the China State Railway Group in August 2022 progressively commissioned huge investments to enhance the railway network across the country by 2035. Moreover, China has always been involved in the list of water-scarce problems experiencing aggravated water scarcity situation. Jiangsu and Fujian provinces in China have commenced a "water-saving loan" service to encourage and implement water-saving renovation projects with an interest rate of 3.85%. Also, according to the data released by Modern Railways 2023 in China about the prospects of the railway industry development across China, with the 14th Five-year Plan (2021-2025), China will successively develop a total mileage of 165,000 km of railway lines to fulfil the the objective to transport 4.1 billion passengers and 4 billion tons of freight every year by 2025. Therefore, with such a definite investment, Asia-Pacific region is considered a prominent contributor to the growth of the global geogrids market.
The reduction in mobility and transportation, due to the imposed lockdown in response to the COVID-19 pandemic, the industry experienced deteriorated economic stability in 2020. The revenue for road, rail transportation, and construction industry were drastically reduced during the pandemic. The unavailability of resources and manpower for highways and roads also significantly affected the geogrids market growth. The COVID-19 pandemic had a devastating impact on various countries' demands, along with numerous geopolitical uncertainties. The closure of the traveling network significantly affected sectors like tourism and travel, which is considered a prominent revenue-generating sector. The ease of China's COVID-19 measures led to firm demand for commencing new rail and road projects while maintaining the existing ones. In the 2nd quarter of 2022, the supply of geogrids increased as there was a surge in the import and export activities at the global level. Consecutively, the ease in restrictions and removal of lockdown shifted the worst phase of the market to probable growth, deriving impeccable market opportunities for the geogrids market.
The rising geogrids market has encouraged prominent companies to develop geogrids that has extensive applications in developing massive road and rail networks. The leading global companies in the geogrids market are progressively developing geogrids that are benefitting prominent sectors. For instance, the Tensar International Corp, a leader in the business for the last 50 years, is subsequently assisting engineers and contractors in delivering successful rail and road projects while reducing construction costs, enhancing worksite efficiency, and promoting sustainability. The company's InterAx geogrids, which are very suitable for subgrade stabilization, pavements, and working platforms, have assisted in speeding up the construction and saving up to 70% in aggregate. The company incorporates advanced material science to improve compaction and restrict movement over time, leading to performance enhancement.
In October 2023, Tensar International Corp. accomplished a project on a railyard using its InterAx geogrid, providing a stable foundation for a new container yard where Ray-Mont Logistics owned the project under the Terracon Consultants Geotech advisor. It was successively designed with two layers of a composite biaxial geogrid and geotextile fabric with 12" ALDOT 825B aggregate placed on the bottom layer. Accounting to related massive efforts, the market is generating huge potential for geogrids and encouraging more companies to organize it into their operations. Thus, the increasing supply of geogrid is boosting the market's revenue growth.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.