Middle East & Africa PET & Polypropylene Based Geotextiles Market to grow with a CAGR of 6.01% through 2028
Surge in research and development activities is
expected to drive the Middle East & Africa PET & Polypropylene Based
Geotextiles Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Middle East
& Africa PET & Polypropylene Based Geotextiles Market - By
Region, Competition, Forecast and Opportunities, 2018-2028F”, the Middle
East & Africa PET & Polypropylene Based Geotextiles Market reached USD 190.28 billion in 2022 and is anticipated to grow with a CAGR of 6.01% in the forecast
period, 2024-2028. Initiatives taken by government based on PET &
Polypropylene based geotextiles has led to favorable market conditions for the Middle
East & Africa PET & Polypropylene Based Geotextiles Market. Several
factors contribute to the growth of various PET & Polypropylene based
geotextiles products.
Governments in the MEA region is making substantial
investments in infrastructure development to keep up with the increasing
demands of urbanization and industrialization. These investments encompass the
construction of roads, highways, airports, and various other public
infrastructure projects. Recognizing the importance of long-term stability and
sustainability, governments are increasingly incorporating geotextiles into
their infrastructure initiatives. These geotextiles, which are designed to
enhance the performance and durability of infrastructure, offer numerous
benefits such as reinforcement, erosion control, and drainage management.
In line with the global shift towards environmentally
friendly practices, governments are implementing regulations and policies that
prioritize the use of sustainable materials in construction projects.
Geotextiles made from PET (Polyethylene Terephthalate) and PP (Polypropylene)
are particularly favored due to their recyclability and lower carbon footprints
compared to conventional materials. These innovative geotextiles align with the
sustainability objectives of governments, promoting a greener and more eco-conscious
approach to infrastructure development. As a result, governments are actively
encouraging the adoption of PET and PP-based geotextiles through incentives,
grants, and preferential procurement policies, fostering a positive impact on
both the construction industry and the environment at large.
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The Middle East and Africa region is currently
experiencing rapid infrastructure development, encompassing roads, railways,
airports, and urban projects. Geotextiles play a pivotal role in these
ventures, offering solutions for soil stabilization, erosion control, drainage
systems, and structural reinforcement. In light of escalating concerns
regarding environmental sustainability, there is a growing demand for
construction materials that are eco-friendly. Geotextiles, particularly those
derived from recycled PET, are increasingly recognized as a viable and environmentally
conscious alternative to conventional materials. Research and development
efforts are focused on creating geotextiles that align with sustainable
construction standards.Governments in the MEA region are proactively promoting
infrastructure development and investing in research and innovation. Supportive
policies and funding initiatives are driving R&D activities, fostering
technological advancements within the geotextiles industry. These initiatives
contribute significantly to the growth of the PET and polypropylene based
geotextiles market.
The Middle East & Africa PET & Polypropylene
Based Geotextiles Market is segmented into type, technology, application, regional
distribution, and company.
Based on its application, the Roads & Highways held
the market share in the forecast period. The MEA region, comprising the Middle
East and Africa, is currently witnessing a remarkable phase of rapid
urbanization and industrialization. This growth has resulted in a surge in
demands for road and highway construction to accommodate the increasing
population and facilitate the movement of goods and services. In response to
this, governments are making substantial investments in the development of
transportation networks to enhance connectivity and foster economic growth.
Within the realm of road and highway construction, the
use of geotextiles has gained significant prominence. Geotextiles, which are
specially engineered fabrics, play a crucial role in enhancing the performance,
durability, and sustainability of these infrastructural projects.
Among the various materials used, PET (Polyethylene
Terephthalate) and Polypropylene-based geotextiles have emerged as highly
effective solutions for soil stabilization. The stability of roads and highways
is paramount, especially when subjected to heavy traffic loads and varying soil
conditions. Geotextiles act as a preventive measure against soil erosion,
improve the overall structure of the soil, and enhance the distribution of
loads. These properties make geotextiles indispensable components in modern road
and highway construction, ensuring long-lasting and resilient infrastructure.
Based on region, Saudi Arabia segment is expected to
grow during the forecast period.
Saudi Arabia has been making significant investments
in infrastructure development, including road and highway construction, as part
of its Vision 2030 initiative. This ambitious initiative not only aims to
diversify the country's economy and reduce its dependence on oil but also seeks
to transform Saudi Arabia into a global hub for trade and investment.
Geotextiles, with their unique properties and benefits, play a crucial role in
enhancing the performance and longevity of infrastructure projects, ensuring
their sustainability and resilience in the face of various environmental
challenges.
Like many countries in the region, Saudi Arabia places
a strong emphasis on environmental sustainability and is actively pursuing
eco-friendly solutions for its development projects. Geotextiles, particularly
those made from PET (Polyethylene Terephthalate) and Polypropylene, offer a
wide range of benefits. They not only reduce soil erosion and promote
sustainable land development practices but also help in conserving water
resources by improving filtration and drainage systems. The Saudi Arabian
government's unwavering commitment to environmental conservation and
sustainable development has not only led to increased adoption of geotextiles
but has also positioned Saudi Arabia as a leader in the global geotextiles
market, further bolstering its reputation as a responsible and forward-thinking
nation.
Major companies operating in Middle
East & Africa PET & Polypropylene Based Geotextiles Market are:
- Mattex Geosynthetics
- Exeed Geotextile LLC
- Emirates Specialities Company LLC
- TenCate Geosynthetics Gulf & Middle
East
- TexoFib (Al Khafra Holding Group)
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“Growing application of PET & Polypropylene based
geotextiles in various end user industries are key drivers of the PET &
Polypropylene based geotextiles market. Growth in competitive landscape and
presence of well-established companies in the market who are dedicated to
enhance their productivity of PET & Polypropylene based geotextiles with
every passing year are anticipated to register an impressive growth to Middle
East & Africa PET & Polypropylene Based Geotextiles Market in the
forecast period.,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Middle East & Africa PET & Polypropylene
Based Geotextiles Market By Type (Woven,
Non-Woven), By Technology (Needle Punch, Thermal, Chemical Bonding, Others), By
Application (Roads & Highways, Railways, Dams & Canals, Drainage
System, Others), By
Region, By Competition Forecast
& Opportunities, 2019-2029”, has evaluated the future growth potential of Middle
East & Africa PET & Polypropylene Based Geotextiles Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Middle East & Africa PET &
Polypropylene Based Geotextiles Market.
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