Geotextiles and Geogrids Market-Global Industry Analysis and Forecast (2023-2029)

Bharatikhade27 Oct, 2023Business

Geotextiles and Geogrids Market was valued to be US$ 7.25 Bn in 2022 and the total revenue is expected to grow at CAGR of 7.9% during the forecast period 2023 to 2029, reaching US$ 12.34 Bn. by 2029. Geotextiles and Geogrids Market Definition: Geotextiles and Geogrids are geosynthetic material, Geogrids are specifically used as a soil foundation to increase stability and decrease corrosion because of its superior interlocking properties of the soil with the grid and other material while, geotextiles are commonly used in smaller-scale hardscaping projects to improve stability, strength, and overall design to encourage civil engineering projects such as retaining walls, roads, reservoirs.

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