Investments and Acquisitions Transform Geotextiles Market

The nonwoven geotextiles market is expected to reach $6.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.7% during the forecast period. Favorable government policies for the use and development of geotextiles is expected to boost product demand.
 
China is anticipated to contribute majorly to the demand for geotextiles owing to its increasing penetration in the construction of new roads and drainage systems. In addition, the Chinese government has invested a large number of resources in infrastructure development, wherein major investments were made in the construction of highways and railways.

Geotextiles are used to control erosion owing to their reinforcement characteristics. In addition, the product aids in holding the soil particles together and also promotes vegetation growth, which reduces erosion in the long run. The use of geotextiles in drainage systems helps create a solution for consistent flow of water, thereby complementing the market growth.