Covid-19 Stalls the Geotextiles Market, to Bounce Back Post-Covid-19 Era

Geotextiles have been increasingly used worldwide with regards to several construction applications like drainage structures, landfills, harbors, and roads. The basic objective is that of improvising on soil stabilization. However, this situation can’t be spoken of amidst the Covid-19 crisis. Outbreak of Covid-19 has stalled the geotextiles market big time. With infliction of partial/total lockdowns almost everywhere, the construction activities are suspended. This has, in turn, adversely affected the geotextiles market.

Since Mar 2020, the market has been declining at an unpredictable rate. Though phase-wise unlocking is on the anvil, investments in construction sector will take a while to materialize on the part of governments (for public infrastructure) as well as consumers (as laying hands on properties will take a backseat in the middle of job uncertainties).

What drives the geotextiles market otherwise?

Geotextiles hold the distinction of being cost-effective with an extended shelf life. They also address soil erosion (as stated above). In the US, geotextiles are being used for controlling erosion that water bodies cause in the mountainous regions. They, in fact, help the landmasses in getting restored, especially the ones that get adversely affected by hurricanes and storms. This factor is there to drive the North American market going forward.

Woven geotextiles are in demand in the European countries like the UK and Germany as they are in sync with regulations being framed by the governments. On the other hand, non-woven textiles find their presence in civil engineering applications and medical products, packaging, and agriculture. Apart from these permeable textile materials, the ones made out of polyester and polypropylene do render exceptional water flow rates for filtering soil fines and wrapping perforated pipes. Polypropylene geotextiles do provide proper resistance against inorganic salts and chemicals. As such, they are asked for in the chemical industries of Asia-Pacific.

Competitive Landscape

The key players in the geotextiles market include GSE Environmental, Propex Operating Company, LLC, Officine Macxaferri, Artu America, NAUE GmbH & Co., KG., and Koninklijke Ten Cate B.V.

How will the Growth unfold region-wise?

The US and Canada are equipped with developed and extensive drainage systems. Call for proper maintenance has resulted in increase in demand for geotextiles. Plus, Europe asks for geotextiles to prevent waterbodies enter the cities. To achieve this, soil erosion needs to be contained. This is where geotextiles suffice. MEA uses geotextiles for increasing tensile strength in the earth’s crust. The Asia-Pacific is driven by urbanization in countries like India.

In a Nutshell

Geotextiles market is stranded in the Covid-19 crisis as of the year 2020. Once things get back on track after Covid-19 vaccine is devised, the construction sector is likely to pick up pace, and so will geotextiles market.