Geocells Market to 2022 - Analysis, Forecast, Overview, Trends and Key Players

Geocells market is also known as cellular confinement systems. They are three dimensional mats that resemble a honey comb structure and is made of high density polyethylene, polypropylene, polyester or other polymeric alloys. Geocells are mainly used in the construction sector in the areas related to earth reinforcement, slope protection, channel protection, load support and tree root protection.

The geocells market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. China and India are key markets for geocells in the Asia Pacific region. The increased demand for geocells for infrastructural activities is projected to drive the geocells market in the region.

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The geocells market is projected to reach USD 588.9 million by 2022, at a CAGR of 8.0% from 2017 to 2022. One of the most significant factors driving the growth of the geocells market is the increased demand for geocells in infrastructural activities. However, quality control is one of the major issues in developing economies, which include standards for testing facilities and technology and the awareness about the product is not widespread in developing economies, and the construction standards do not incorporate geocells as a basic construction material.

Premium Insights
4.1 Attractive Opportunities In the Geocells Market
4.2 Geocells Market, By Raw Material
4.3 Geocells Market, By Design Type
4.4 Geocells Market, By Region
4.5 Geocells Market Size, By Application
4.6 North America Geocells Market, By Application and Country

Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High-Cost Savings In Road Construction and Maintenance
5.2.1.2 Increasing Usage of Geocells In Channel & Slope Protection
5.2.2 Restraints
5.2.2.1 Volatile Raw Material Prices
5.2.3 Opportunities
5.2.3.1 Growing Infrastructural Development Activities In Emerging Economies
5.2.4 Challenges
5.2.4.1 Lack of Quality Control Across Developing Countries
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

Macroeconomic Indicators
6.1 Introduction
6.2 Real GDP Growth Rate Forecast of Major Economies
6.3 Total Road Spending

Key companies profiled in Geocells market research report include Strata Systems (US), PRS Geo-Technologies (UK), Presto Geo systems (US), Koninklijke Ten Cate B.V. (Netherlands), TMP Geosynthetics (China), Terram Geosynthetics-now part of Berry Plastics (UK), and BOSTD Geosynthetics Qingdao (China).

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The usage of geocells provides the structure or area with improved road surface quality; increases the safety of roads, reduces the frequency of costly and disruptive road maintenance, eliminates the need for over-excavation and disposal of poor quality soil, and offers high performance of earth moving vehicles and resistance against bad weather conditions such as heavy rains.