Industry Analysis & Industry Trends
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Companies in this industry manufacture geosynthetic materials. These products are typically made from petrochemical-based plastics that will not decompose from bacteria or fungi. These products are typically placed in soil to separate or distribute loads, reinforce soil, prevent soil movement or control water pressure. The industry suffered steep declines during the recession, but has bounced back with resilience, benefiting from pent-up demand and increasing range of uses for industry products. The next five years will bring even stronger growth, but decreasing government funding could threaten growth.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Geosynthetics Manufacturing industry has a low level of concentration, reflecting the fragmented nature of the industry. The top four companies in the industry together make up less than 40.0% of revenue. Despite the existence of prominent companies, no one player has a market share of more than 10.4%. There are many types of geosynthetics and diverse buying markets, which makes it difficult for individual firms to grab a large portion of industry market share... purchase to read more