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Europe Geogrids Market to witness remarkable proceeds over 2019-2024, global industry valuation to exceed USD 460 million by 2024

Author : Rahul Varpe | Published Date : 2019-03-27 

A major incentive for the Europe geogrids market has been the high standards laid down by government agencies regarding the quality of construction, imposing the need for reinforcement of the base materials. Increasing focus on infrastructure development to support the growing economy has perpetrated the evolution of the Europe geogrids market, which is widely appreciated in a host of civil engineering applications. Geogrids manufactured from different materials have excellent tensile strength and load bearing capacity along with resistance to lateral movements under physical pressure, making them suitable for constructing roads, pavements and foundations of structures. 

Considerable boost given to the transportation sector by the European Union has fueled the efforts within member countries to invest heavily in expanding the roads, railways, harbors and airports. The Europe geogrids market has benefited from these efforts with contractors preferring geosynthetic reinforced composites over inert materials.

In 2015, one of U.K.’s longest railway viaducts was completed in Reading which served as an effective solution to the prevailing congestions on railway track. The viaduct spanned 2,000m and allowed two railways to operate uninterrupted at the same time by carrying one over the other, subsequently resolving the congestion issues.

To access a sample copy or view the Europe Geogrids Market report in detail along with the table of contents, please click the link below: www.gminsights.com/request-sample/detail/2718

Report Metric  

  • Market Size available for years:  2018-2024
     
  • Base year considered:    2017
     
  • Forecast period:   2019–2024
     
  • Forecast Value: 460 Mn (USD)
     
  • Segments covered:  Material, Product, Application, Regional Outlook
     
  • Geographies covered:   Germany, UK, France, Italy, Spain, Russia, Poland, Denmark, Norway, Sweden, Finland, Switzerland, Belgium, Austria, Netherlands
     
  • Companies covered:        Koninklijke Ten Cate B.V., Solmax GSE Inc., TENAX SPA, Tensar International Corporation, Huesker Synthetic GmbH, Garware-Wall Ropes Ltd., Strata Systems, Inc., Pietrucha Group, Steklonit, Maccaferri, Adfors Saint Gobain, Beco Bermuller, Viacon Austria GmbH

Elaborating further, the modern runway at Minsk airport was designed for accommodating larger aircrafts used today in conjunction with more strict safety and performance standards set by new aviation guidelines. To achieve this, the base of the runway has been reinforced with geotextile material and about 340,000 m2 of geogrids were consumed in the entire project. The solution of using a polyester-based geogrid composite to reinforce the runway also provided for the drainage and soil separation support.

The significance of the Europe geogrids industry is evident from this example, where the site contractors saved a substantial amount on inert materials and the reinforced layer delivered a remarkably strong structure. The Europe geogrids market was valued at more than USD 310 million in 2017, owing to the rising number of public infrastructure schemes in progress across European countries, combined with the extensive adoption in soil reinforcement and preventing soil erosion.

Overall, using geogrid-reinforcement in the Elan Valley Aqueduct project cost 40% less as compared to a conventional concrete wall and led to lower carbon emissions during the construction works since more local soil was used. Similar upgradation projects in developed economies of Europe will amplify the use of geogrids and drive the Europe geogrid market consumption from 2018 to 2024, with a target of 310 million square meters by 2024.

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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