Geosynthetics Market To Witness A Significant Growth Of USD 24.59 Billion By 2030
San Francisco, 26 June 2023: The Report Geosynthetics Market Size, Share & Trends Analysis Report By Product (Geotextiles, Geomembranes, Geogrids), By Region (North America, Europe, APAC, MEA), And Segment Forecasts, 2023 - 2030 The global geosynthetics market size is expected to reach USD 24.59 billion by 2030, registering a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Rapid infrastructure development in emerging economies, such as India and Brazil, is anticipated to fuel the market growth over the forecast period. Infrastructure development in India, China, and the Middle East in light of regulatory inclination to increase expenditure on road transport is expected to drive the market. The European Union directive 2008/98/EC sets the basic regulations for waste management and ways for efficient landfill containment. This regulatory inclination in Europe is expected to increase the application of geosynthetics in the near futur