The global geogrid market is set to gain momentum from the increasing demand for sustainable buildings. This information is given by Fortune Business Insights™in a new report, titled, “Geogrid Market Size, Share & Industry Analysis, By Material (HDPE, Polypropylene, Polyester), By Product (Uniaxial, Biaxial, Multiaxial), By Application (Road Construction, Railroad, Soil Reinforcement, Others), and Geography Forecast, 2020-2027.” The report further states that the geogrid market size was USD 6.15 billion in 2019 and is projected to reach USD 10.66 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period.
COVID -19 Impact
The outbreak of the COVID-10 pandemic has taken a toll on the construction activities across the globe. It has disrupted the supply chain and transportation of raw materials. Hence, investors are delaying or cancelling funds for new or existing projects. Also, most of the countries, such as the U.S. are dependent on China for shipping them materials, such as aluminum, steel, copper, and fixtures. We are providing elaborate reports to aid in surging sales of your products amid the pandemic.
This Report Answers the Following Questions:
- How will the organizations surge sales of geogrids?
- Which region would lead the market in the near future?
- What are the opportunities and challenges in the global market?
- Which companies are set to lead the market in the coming years?
Browse Summary of This Research: