The Global Geogrids Market is expected to grow from US$1.195 billion in 2025 to US$1.483 billion in 2030, at a CAGR of 4.41%.
Owing to the increase in demand for geogrid in transportation and construction, the geogrid market is estimated to grow at a faster pace during the forecast period.
Geogrid is a geosynthetic material and is used for reinforcing soils and similar materials. Its usage is majorly made to reinforce retaining walls and subsoils or subbases. The geogrid decreases the deformability of the soil and improves its bearing capacity. The rising number of infrastructure projects in many developing and developed countries have led to a surge in demand for geogrid. This is one of the essential factors to drive the growth in the global geogrid market in recent years. This has expected to contribute to the growth of the geogrid market during the forecast period.
Geogrid is made in road constructions, soil reinforcement, railroad stabilization, and many other sectors. Wherein, the demand for geogrid is expected to incline towards road construction sector. The use of geogrid in road construction improves its road surface quality and increases the safety of roads. This has eliminated the need for disposal and over-excavation of poor-quality soil. It has also improved the performance to bear earth-moving vehicles. Due to the use of geogrid, maintenance is required low, which provides resistance against inclement climate change such as heavy rain in the area. Moreover, the geogrid reduced carbon emissions; its use is also environmentally safe. Thus, many environmentalists encourage industrialists to use geogrid in road construction.
Geogrid is available in various types, such as uniaxial, biaxial, and triaxial. Among these, biaxial geogrid is expected to portray a significant share of the geogrid market in the upcoming years. This is due to its properties, such as optimum load-bearing and exceptional junction strength. Biaxial geogrid is used on a large scale in the road construction sector as it provides strength to the road. It can be found in the materials of roads, highways, expressways, flyovers, and bridges.
Due to modernization at a faster pace in the countries such as the United States and Canada, the up-gradation of infrastructure is rising here. During the next five years, it has been projected that these countries to expand their prevalent infrastructure facilities. This led to the increasing demand for geogrid from these countries. Hence, North America is projected to hold a significant share of the geogrid market during the forecast period.
Whereas, due to the increase in infrastructure projects in many Asian countries, the Asia-Pacific region is expected to grow faster during the forecast period. Nevertheless, Europe is also projected to grow in the geogrid market in the next five years.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Geogrids Market Size in 2025 | US$1.195 billion |
| Geogrids Market Size in 2030 | US$1.483 billion |
| Growth Rate | CAGR of 4.41% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Geogrids Market | |
| Customization Scope | Free report customization with purchase |
Segmentation