According to the report published by
Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach
$408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The
report offers an extensive analysis of changing market dynamics, key winning
strategies, business performance, major segments, and competitive scenarios.
Surge in infrastructure development
activities across the U.S. and Mexico and superior physical properties of
geogrid drive the growth of the North America geogrid market. However,
unavailability of skilled workers is anticipated to restrain the growth of the
market. Furthermore, surge in adoption of geogrid material in soil
reinforcement is expected to provide new growth opportunities during the
forecast period.
Download
PDF Brochure: https://www.alliedmarketresearch.com/request-sample/7011
Covid-19
scenario:
- Geogrid manufacturers across the North America
region have halted their production due to disrupted supply chain due to
the Covid-19 pandemic.
- The demand for geogrid is expected to decline
as infrastructure and road & rail network development activities in
the U.S. and Mexico has been halted.
- U.S. is barring the trade relations with
China, owing to its role and failure toward containing the spread of the
coronavirus. Thus, many geogrid manufacturers are shifting their
production units from China to their native country. This transition is
expected to increase labor costs and other operating expenses, which would
surge the price of geogrid in the future.
The report offers a detailed
segmentation of the North America geogrid market based on type, application,
and country.
Based on type, the biaxial segment
contributed to the largest share in 2019, accounting for more than four-fifths
of the total share, and is estimated to maintain its dominant position during
the forecast period. In addition, it is also estimated to portray the highest
CAGR of 7.0% during the forecast period.
Get
Detailed COVID-19 Impact Analysis on the North America Geogrid Market @ https://www.alliedmarketresearch.com/request-for-customization/7011?reqfor=covid
Based on industry, the road industry
segment accounted for the largest share in 2019, holding more than one-third of
the total share, and is expected to maintain the largest share throughout the
forecast period. However, the soil reinforcement segment is expected to
register the highest CAGR of 7.3% from 2020 to 2027.
Based on country, the U.S. contributed the highest share, accounting for more than three-fourths of the total market share in
2019, and will maintain its dominance throughout the forecast period. However,
Canada is expected to grow at the highest CAGR of 7.2% from 2020 to 2027.
Leading market players analyzed in
the research include Carthage Mills, Tensar Corporation, Strata System, Properx
Operating Company, Tdm Group, Maccaferri, Synteen Technical Fabrics, Tencate
Geosynthetics, Layfield Group. Ltd., and Huesker US.
Interested
in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/purchase-enquiry/7011
Avenue
Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to
access more than 12,000+ company profiles and 2,000+ niche industry market
research reports at $699 per month, per seat. For a year, the client needs to
purchase minimum 2 seat plan.
Avenue
Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get
more information: https://www.alliedmarketresearch.com/library-access
About
Us:
Allied Market Research (AMR) is a full-service
market research and business-consulting wing of Allied Analytics LLP based in
Portland, Oregon. Allied Market Research provides global enterprises as well as
medium and small businesses with unmatched quality of "Market Research
Reports" and "Business Intelligence Solutions." AMR has a
targeted view to provide business insights and consulting to assist its clients
to make strategic business decisions and achieve sustainable growth in their
respective market domains. AMR offers its services across 11 industry verticals
including Life Sciences, Consumer Goods, Materials & Chemicals,
Construction & Manufacturing, Food & Beverages, Energy & Power,
Semiconductor & Electronics, Automotive & Transportation, ICT &
Media, Aerospace & Defense, and BFSI.
We are in professional corporate
relations with various companies and this helps us in digging out market data
that helps us generate accurate research data tables and confirms utmost
accuracy in our market forecasting. Each and every data presented in the
reports published by us is extracted through primary interviews with top
officials from leading companies of domain concerned. Our secondary data
procurement methodology includes deep online and offline research and
discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
No comments:
Post a Comment