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Geotextiles are used as a building material in the form of fabric/felt formats consisting of braided, woven or non-woven natural and synthetic yarns preferred in ground engineering. Thin, flexible, aesthetic and durable geotextiles are used in highways, parks, sports fields, railway infrastructure works and water structures such as dams.
The geotextiles market, was 7.51 billion dollars in 2020, is growing day by day, driven by rapid industrialization, major infrastructure projects, environmental initiatives, and an increase in construction investments. The need for geotextiles is growing as construction investment increases in emerging economies such as China and India. The market is expected to reach 13.09 billion dollars by 2029, at a CAGR of 6.37%. The geotextiles market accounted for 64.53% of the total revenue in 2021. Asia Pacific maintained its leading position as the largest geotextiles market with a share of 57%. Don't forget to take your place at HIGHTEX 2024 to find the opportunity to closely examine all the developments in the geotextiles industry!
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