Geocells Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022 - 2027

Report Code: CMR 11843 Report Format: PDF + Excel

Geocells Market Overview

The Geocells Market size is estimated to grow at a CAGR of 8.6% during the forecast period 2022-2027 and will reach USD $872.3 million by 2027. Geocells, also known as cellular confinement system, are polymeric strips in honeycomb configurations that are used for erosion control, soil stabilization on flat ground and steep slopes, channel protection, and structural reinforcement for load support & earth retention. Geocells are widely used in infrastructure, oil & gas, and power & energy sectors. Typically, geocells are made up of high density polyethylene (HDPE) strips or Polypropylene (PP) strips among others. In this report, we will take a look at the various segments of the Geocells Market and analyze the market landscape, drivers, and challenges within the forecast period of 2022-2027.

COVID-19 Impact

During the COVID-19 Pandemic, many industries had suffered a decrease in demand, and it was no different for the Geocells Market. Many governments across the globe implemented lockdown regulations and factories & production facilities in many sectors came to a halt. The supply chain was greatly disrupted as many businesses followed the lockdown protocols. According to the Asian Infrastructure Investment Bank, as of August 2020, the United States local governments had either delayed or cancelled almost USD $10 billion worth in infrastructure projects due to the pandemic and the situation is the same all over the world. Geocells are primarily used in infrastructure hence the Geocells Market was negatively impacted during the pandemic. However, as of now, vaccinations are being carried out globally and the situation is improving as many governments are relaxing lockdown protocols. As such, the Geocells Market is forecasted to grow within the forecast period of 2022-2027.

Report Coverage

The report: “Geocells Market – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Geocells industry.

By Type: HDPE Geocell (Textured HDPE Geocell, Smooth HDPE Geocell, Others), PP Geocell, Others.

By End-Use Industry: Infrastructure (Roads, Ballast Reinforcement, Parking Areas, Others), Mining (Channel Armoring, Basic Containment, Others), Oil & Gas (Work Platforms, Others), Power & Energy (Electrical Transmission, Wind Energy, Others), Agriculture, Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).

Key Takeaways

  • Asia-Pacific holds the largest share by region due to the increase in demand for infrastructure.
  • HDPE geocells are the most commonly used geocells for various applications like soil stabilization, erosion control, and slope & channel protection.
  • Many infrastructure projects are globally planned for the future which is a great driver for the Geocells Market.

    Figure: Asia-Pacific Geocells Market 2021-2027 (USD $ Million)                                   

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Geocells Market Analysis – By Type

HDPE Geocells hold the largest share of 43% in type segmentation of Geocells Market within the forecast year of 2022-2027. High-density Polyethene strips help form strong configurations as they are ultrasonically bonded together. They have enhanced mechanical and geotechnical properties which make them ideal for use in geocells. They are either textured or smooth depending on the use of the application. According to Trademap, the total export of Polyethene is valued at USD $21.32 billion in the year 2020. Other than HDPE, Polypropylene (PP) is also widely used in geocells.

Geocells Market Analysis – By End-Use Industry

Infrastructure holds the largest share of 37% in the end-use industry segment of Geocells Market within the forecast period of 2022-2027. Geocells are primarily used in applications like ground & soil stabilization, slope & channel protection, load support, and erosion control. According to the World Bank Group, 4% of the GDP of Central Asia and 5% of South Asia is spent on Infrastructure, while East Asia and Pacific witness 7.7% of GDP spending on Infrastructure as of 2019. The Middle East and North Africa spend 6.9% of their GDP on Infrastructure as of 2019. New Infrastructure projects are on the rise and the demand for Geocells has significantly increased because of it. Geocells are also used in the Mining, Oil & Gas, Agriculture, and Power & Energy sectors as well.

Geocells Market Analysis – By Geography

Asia-Pacific holds the largest share of 44% in the geography segment of Geocells Market within the forecast period of 2022-2027. The demand for better infrastructure has increased tremendously in the Asia-Pacific region especially in countries like China and India. Many different Infrastructure projects such as the Bharatmala project in India and the Belt & Road Initiative by the Chinese government are key factors that are driving the Geocells market in Asia-Pacific. As mentioned above, according to the World Bank Group, 4% of the GDP of Central Asia and 5% of South Asia is spent on Infrastructure, while East Asia and Pacific witness 7.7% of GDP spending on Infrastructure as of 2019. Due to this, the demand for geocells has seen a substantial increase in the Asia-Pacific region as well.

Geocells Market Drivers

Increase in Infrastructure Projects globally:

Many different infrastructure projects are emerging globally which are being planned for the future. For example, in India, there is the Bharatmala Project which aims to construct 34,800 kilometres of road pan-India and the Setu Bharatam Project which aims to build bridges. In Europe, there is the Rail Baltica project which aims to link Finland, Estonia, Latvia, and Lithuania with Poland through the European standard gauge rail line network. In the U.S., there is the California High-Speed Rail project which aims to significantly cut the rail journey time between San Francisco and Los Angeles. According to the Council on Foreign Relations, it is estimated that China invests 5.1% of its GDP on all the infrastructure projects planned from 2016-2040. It is followed by Indonesia at 4.1% of their GDP and Australia & India at 3.6% of their GDP on infrastructure projects planned from 2016-2040. Due to this, the demand for geocells have increased substantially and will continue to do so as they are used for various aspects of infrastructure construction like soil stabilization, erosion control, and channel & slope protection.

Geocells Market Challenges

Availability of substitutes:

Although geocells are highly desirable for infrastructure, there are other substitutes for geocells like geomembranes and geogrids. Like geocells, geogrids are used in the reinforcement of soils, walls, steep slopes, and roadway bases. Geomembranes are used as covers and liners in dams, canals, and the agriculture industry. As such, this can act as a hinderance to the growth of the Geocells Market.

Geocells Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Geocells Market. The key companies in the Geocells Market are:

  1. Strata Systems
  2. Presto Geosystems
  3. TMP Geosynthetics
  4. PRS Geo-Technologies
  5. Koninklijke Ten Cate B.V.
  6. Armtec Infrastructure Inc.
  7. PRS Mediterranean Ltd.
  8. Maccaferri SPA
  9. Tensar International Ltd.
  10. ACE Geosynthetics

Recent Developments

  • On December 2020, Industrial Plastics announced the launch of two new products in their High-Density Polyethylene (HDPE) liner range, namely, Geotextiles and Geocells, across Australia.

Relevant Reports

Geosynthetics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2021 - 2026
CMR 21346

High-Density Polyethylene Market – Forecast 2021 - 2026)
CMR 0396

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1. Geocells Market- Market Overview
    1.1 Definitions and Scope
2. Geocells Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by End-Use Industry
    2.3 Key Trends by Geography
3. Geocells Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Geocells Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Geocells Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Geocells Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Geocells Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Geocells Market – By Type (Market Size -$Million/Billion)
    8.1 HDPE Geocell
        8.1.1 Textured HDPE Geocell
        8.1.2 Smooth HDPE Geocell
        8.1.3 Others
    8.2 PP Geocell
    8.3 Others
9. Geocells Market – By End-Use Industry (Market Size -$Million/Billion)
    9.1 Infrastructure
        9.1.1 Roads
        9.1.2 Ballast Reinforcement
        9.1.3 Parking Areas
        9.1.4 Others
    9.2 Mining
        9.2.1 Channel Armoring
        9.2.2 Basin Containment
        9.2.3 Others
    9.3 Oil & Gas
        9.3.1 Work Platforms
        9.3.2 Others
    9.4 Power & Energy
        9.4.1 Electrical Transmission
        9.4.2 Wind Energy
        9.4.3 Others
    9.5 Agriculture
    9.6 Others
10. Geocells Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 USA
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 UK
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Netherlands
        10.2.6 Spain
        10.2.7 Russia
        10.2.8 Belgium
        10.2.9 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 India
        10.3.4 South Korea
        10.3.5 Australia and New Zealand
        10.3.6 Indonesia
        10.3.7 Taiwan
        10.3.8 Malaysia
        10.3.9 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Colombia
        10.4.4 Chile
        10.4.5 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of the Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Geocells Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Geocells Market – Industry / Segment Competition landscape Premium Premium
    12.1 Company Benchmarking Matrix – Major Companies
    12.2 Market Share at Global Level - Major companies
    12.3 Market Share by Key Region - Major companies
    12.4 Market Share by Key Country - Major companies
    12.5 Market Share by Key Application - Major companies
    12.6 Market Share by Key Product Type/Product category - Major companies
13. Geocells Market – Key Company List by Country Premium Premium
14. Geocells Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies"

List of Tables

1 US Geocells Market Size 2018
2 Canada Geocells Market Share 2018
3 Brazil Geocells Market Outlook 2019 - 2023
4 Mexico Geocells Market Research 2018
5 Germany Geocells Market Trends 2019 - 2023 
6 France Geocells Market Growth 2019 - 2023 
7 UK Geocells Market Demand 2019 - 2023 
8 Italy Geocells Market Segmentation 2018
9 Russia Geocells Market Analysis 2019 - 2023
10 China Geocells Market Revenue 2019 - 2023
11 Japan Geocells Market Volume 2019 - 2023
12 South Korea Geocells Market Potential 2019 - 2023
13 India Geocells Market Leaders 2018
14 Saudi Arabia Geocells Market Forecast 2019 - 2023 
15 Kuwait Geocells Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link